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Apparent Competition in Two-Sided Platforms

Guven, Gokhan - 2017

We study a platform's design of membership and transaction fees when sellers compete and buyers cannot observe the prices and features of goods without incurring search costs. The platform alleviates sellers' competition by charging them transaction fees that increase with sales revenue, and...

Persistent link: https://www.econbiz.de/10012945113

Persistence of Politicians and Firms' Innovation

Bellettini, Giorgio - 2014

We empirically investigate whether the persistence of politicians in political institutions affects the innovation activity of firms. We use 12,000 firm-level observations from three waves of the Italian Observatory over Small and Medium Enterprises, and introduce a measure of political...

Persistent link: https://www.econbiz.de/10013068570

How Many Patents Does it Take to Signal Innovation Quality?

Comino, Stefano - 2014

In this paper, we offer a novel explanation to the surge in patenting bserved during the last years. With low patentability standards at PTOs (Patent and Trademark Offices awarding so-called bad patents), not only “false innovators” have the chance of being granted patents but also, and more...

Persistent link: https://www.econbiz.de/10013051385

Product versus Process : Innovation Strategies of Multi-Product Firms

Flach, Lisandra - 2015

We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in industries with different scope for product differentiation. Industry-specific demand and cost linkages induce a distinction between the returns to innovation. In differentiated...

Persistent link: https://www.econbiz.de/10013020507

A Simple Model of Health Insurance Competition

Kemnitz, Alexander - 2010

This paper investigates competition between health insurance companies under different financing regulations. We consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health contributions) and by fees (health premia). We find that...

Persistent link: https://www.econbiz.de/10013136650

Conspicuous Consumption and Communism : Evidence from East and West Germany

Friehe, Tim - 2012

use the separation of Germany into the communist GDR and the democratic FRG and its reunification in 1990 as a natural … experiment. Relying on household data that are representative for Germany, our empirical results strongly indicate that … conspicuous consumption is relatively more important in East Germany. Importantly, a significant gap in conspicuous consumption …

Persistent link: https://www.econbiz.de/10013100938

Exchange Rate Expectations of Chartists and Fundamentalists

Dick, Christian David - 2013

This paper provides novel evidence on exchange rate expectations of both chartists and fundamentalists separately. These groups indeed form expectations differently. Chartists change their expectations more often; however, all professionals' expectations vary considerably as they generally...

Persistent link: https://www.econbiz.de/10013083266

Instrumental Variables and Causal Mechanisms : Unpacking the Effect of Trade on Workers and Voters

Dippel, Christian - 2018

This paper shows that import exposure affects voting behavior because it affects local labor markets. We develop a new framework for mediation analysis where one instrumental variable is sufficient to identify three causal effects. Using German data from 1987–2009, we find that import exposure...

Persistent link: https://www.econbiz.de/10012927102

Aggregation in Large Dynamic Panels

Pesaran, M. Hashem - 2015

concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to …

Persistent link: https://www.econbiz.de/10013038262

Divided Government Versus Incumbency Externality Effect - Quasi-Experimental Evidence on Multiple Voting Decisions

Ade, Florian - 2012

election outcomes based on municipal level data for Germany. We find that the party of the mayor can receive a bonus of 4 …

Persistent link: https://www.econbiz.de/10013112896