Price-gouging laws are of interest to economists not only from a policy evaluation perspective but also in applying econometric methodologies to evaluate claims of purported price gouging.
This CRA Insights shows how research by CRA affiliate Joshua Gottlieb and Avi Zenilman reflects market conditions for travel nurses during the COVID-19 pandemic and illustrates the economics of price increases during unforeseen disruptions. Additionally, the methodology from this research has implications for how to assess claims of price gouging.
Read more on analyzing prices during shortages here.
