Council of Economic Advisors

  • 2011 - Economic Report of the President - Obama - [link]
    • (p120) - The high cost of conducting that search reduces competition and may result in prices that are higher than the competitive level. One effective way to reduce search costs is through information systems that assist consumers in comparison shopping.
      • In the market for life insurance, for example, greater use of price comparison Web sites has led to substantial reductions in premiums and gains in consumer surplus (Brown and Goolsbee 2002).
        • (p160) - Brown, Jeffrey R., and Austan Goolsbee. 2002. “Does the Internet Make Markets More Competitive? Evidence from the Life Insurance Industry.” Journal of Political Economy 110, no. 3: 481–507.
    • (p275) - Table B–73. Bond yields and interest rates, 1933–2010
    • (p278) - Table B–74. Credit market borrowing, 2002–2010