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Deregulation, competition, and consolidation : the case of the German interurban bus industry

Dürr, Niklas S.; Heim, Sven; Hüschelrath, Kai - 2015

We provide an empirical assessment of the German interurban bus industry two years after its deregulation in January 2013. In addition to a general description of key developments of the industry, we use a unique route-level price data set to study both competitive interaction in general and the...

Persistent link: https://www.econbiz.de/10011316417

Non-sequential search, competition and price dispersion in retail electricity

Gugler, Klaus; Heim, Sven; Liebensteiner, Mario - 2016

We investigate the impact of consumer search and competition on pricing strategies in Germany’s electricity retail. We … direct measure of search intensity and combine this information with zip code level data on electricity tariffs between 2011 … inverted U-shape effect of competition on price dispersion, consistent with theoretical findings by Janssen and Moraga …

Persistent link: https://www.econbiz.de/10011446819

Reconciling insurance with market discipline : a blueprint for a European fiscal union

Dolls, Mathias; Fuest, Clemens; Heinemann, Friedrich; … - 2015

This contribution develops a blueprint for a European fiscal union. The proposal addresses the shortcomings of most other reform designs which do not offer a solution for insolvent or noncooperative euro countries. We suggest a design which combines fiscal insurance with an orderly procedure to...

Persistent link: https://www.econbiz.de/10011300749

The duration of the EC merger control process : determinants and the impact of the 2004 merger regulation reform

Heim, Sven; Hüschelrath, Kai; Laitenberger, Ulrich - 2015

The duration of merger proceedings held by competition authorities is an important determinant of the efficiency of the …

Persistent link: https://www.econbiz.de/10011316395

Fair and efficent taxation under partial control

Ooghe, Erwin; Peichl, Andreas - 2014

We study fair and efficient tax-benefit schemes based on income and non-income factors under partial control. Partial control means that each factor is a specific mixture of unobserved ability (randomly drawn by nature) and effort (chosen by individuals who differ in tastes). Factors differ in...

Persistent link: https://www.econbiz.de/10010229894

The impact of state aid on the survival and financial viability of aided firms

Heim, Sven; Hüschelrath, Kai; Schmidt-Dengler, Philipp; … - 2016

We estimate the causal impact of restructuring aid granted by the European Commission between 2003 and 2012 on the survival and financial viability of aided firms. Using a comprehensive dataset we find that restructuring aid increases a firm’s average survival time by 8 to 15 years and...

Persistent link: https://www.econbiz.de/10011456653

An unemployment insurance scheme for the euro area? : a comparison of different alternatives using micro data

Dolls, Mathias; Fuest, Clemens; Neumann, Dirk; Peichl, … - 2014

We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed and assess their effectiveness to act as an insurance device in the presence of asymmetric macroeconomic shocks. Running counterfactual simulations based on micro data for the...

Persistent link: https://www.econbiz.de/10010425498

A vision of the European energy future? : the impact of the German response to the Fukushima earthquake

Grossi, Luigi; Heim, Sven; Waterson, Michael - 2014

The German response to the Fukushima nuclear power plant incident was possibly the most significant change of policy towards nuclear power outside Japan, leading to a sudden and very significant shift in the underlying power generation structure in Germany. This provides a very useful natural...

Persistent link: https://www.econbiz.de/10010388537

Fiscal integration in the eurozone : economic effects of two key scenarios

Dolls, Mathias; Fuest, Clemens; Neumann, Dirk; Peichl, … - 2013

The 2008-09 crisis has shown that some euro area member countries were unable to sufficiently stabilize their economies which has given rise to a debate about deeper fiscal integration in Europe. In this paper, we analyze the redistributive and stabilizing effects of two scenarios of fiscal...

Persistent link: https://www.econbiz.de/10010211947

Dynamic scoring of tax reforms in the European Union

Barrios Cobos, Salvador; Dolls, Mathias; Maftei, Anamaria; … - 2017

In this paper, we present the first dynamic scoring exercise linking a multi‐country microsimulation and DSGE models for all countries of the European Union. We illustrate our novel methodology analysing a hypothetical tax reform for Belgium. We then evaluate real tax reforms in Italy and...

Persistent link: https://www.econbiz.de/10011626786