Category

Number of Access this item:1,339（2024-07-27 23:27 Counts）

Identifier to cite or link to this item: https://hdl.handle.net/10086/22889

Link to primary information 

File Format Size Views Description
cover_22889 pdf
ifd_wp003 pdf 224 KB 1,711

Item Information

Output File

Title
Who faces higher prices? -An empirical analysis based on Japanese homescan data-
Creator
Creator Name
Abe, Naohito Abe, Naohito
Affiliation
Affiliation Name
Hitotsubashi University
Creator Name
Shiotani, Kyosuke Shiotani, Kyosuke
Affiliation
Affiliation Name
Bank of Japan
Editor
Contributor Name
Research Center for Price Dynamics, Institute of Economic Research, Hitotsubashi University
Abstract
On the basis of household-level scanner data (homescan) for Japan over a three-year period, we construct a household-level price index, and we investigate the causes of the differences in prices across households. As noted by Aguiar and Hurst (2007), large price differentials across households are observed. The differences across age and income groups, however, are small. In addition, we find that elderly people face higher prices than younger people, which is opposite of the results of Aguiar and Hurst (2007). The most important determinant of the price level is the reliance on bargain sales; an increase in the purchase at bargain sales by one standard deviation decreases the price level by more than 0.9%, while the shopping frequency has only limited effects on the price level.
Publisher
Research Center for Price Dynamics, Institute of Economic Research, Hitotsubashi University
Issued Date
2012-03
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Working Paper Series ; No. 3
Number of Pages
15
Appears in Collections
Research Center for Price Dynamics Working Paper Series
URL
https://hdl.handle.net/10086/22889