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KU Leuven (2)


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book (2)


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English (2)


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2020 (2)

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Book
Measuring the Cost of Living in Mexico and the US
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Year: 2020 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Abstract

Cross-country price indexes are crucial to compare living standards between countries and to measure global inequality. An accurate measurement of these price indexes is a difficult task because of the lack of accurate data on the consumption patterns of different countries. We construct a unique data on prices and quantities for consumer packaged goods matched at the barcode-level across the United States and Mexico. We estimate that the Mexican real consumption relative to the United States is larger than previously estimated. We identify heterogeneity in shopping behavior, quality of products, and variety availability as important sources of bias in international price comparisons.

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Book
The Cost of Privacy : Welfare Effects of the Disclosure of COVID-19 Cases
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Year: 2020 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Abstract

South Korea publicly disclosed detailed location information of individuals that tested positive for COVID-19. We quantify the effect of public disclosure on the transmission of the virus and economic losses in Seoul. The change in commuting patterns due to public disclosure lowers the number of cases by 200 thousand and the number of deaths by 7.7 thousand in Seoul over two years. Compared to a city-wide lock-down that results in the same number of cases over two years as the disclosure scenario, the economic cost of such a lockdown is almost four times higher.

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