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Deregulation, Integration and Market Structure in European Banking

Gual, Jordi - C.E.P.R. Discussion Papers - 1999

This paper analyzes the impact of deregulation and market integration policies on the structure of European banking … markets. It argues that whether European integration will lead to large increases in EU-wide concentration will depend on the … extent to which competition in banking is based on endogenous sunk costs or, alternatively, on variable costs and exogenous …

Persistent link: https://www.econbiz.de/10005067386

Cartels Uncovered

Hyytinen, Ari; Steen, Frode; Toivanen, Otto - C.E.P.R. Discussion Papers - 2010

How many cartels are there? The answer is important in assessing the efficiency of competition policy. We present a Hidden Markov Model that answers the question, taking into account that often we do not know whether a cartel exists in an industry or not. Our model identifies key policy...

Persistent link: https://www.econbiz.de/10008468608

Rules, Communication and Collusion: Narrative Evidence from the Sugar Institute Case

Genesove, David; Mullin, Wallace P - C.E.P.R. Discussion Papers - 2001

Detailed notes on weekly meetings of the sugar-refining cartel show how communication helps firms collude, and so highlight the deficiencies in the current formal theory of collusion. The Sugar Institute did not fix prices or output. Prices were increased by homogenizing business practices to...

Persistent link: https://www.econbiz.de/10005504565

Foreign Aid and Domestic Absorption

Temple, Jonathan; van de Sijpe, Nicolas - C.E.P.R. Discussion Papers - 2014

We introduce a new `supply-push' instrument for foreign aid, to be used together with an instrumental variable estimator that filters out unobserved common factors. We use this instrument to study the effects of aid on macroeconomic ratios, and especially the ratios of consumption, investment,...

Persistent link: https://www.econbiz.de/10011084205

The Absorption of Highly-Skilled Immigrants: Israel, 1990-1995

Eckstein, Zvi; Weiss, Yoram - C.E.P.R. Discussion Papers - 1998

This paper develops a descriptive methodology for the analysis of wage growth of immigrants, based on human capital theory. The sources of the wage growth are: (i) the rise of the return to imported human capital; (ii) the impact of accumulated experience in the host country; and (iii) the...

Persistent link: https://www.econbiz.de/10005124392

On the Wage Growth of Immigrants: Israel, 1990-2000

Eckstein, Zvi; Weiss, Yoram - C.E.P.R. Discussion Papers - 2003

This Paper develops a descriptive methodology for the analysis of wage growth of immigrants, based on human capital theory. The sources of the wage growth are: (i) the rise of the return to imported human capital; (ii) the impact of accumulated experience in the host country; and, (iii) the...

Persistent link: https://www.econbiz.de/10005661791

The Tower of Babel in the Classroom: Immigrants and Natives in Italian Schools

Ballatore, Rosario Maria; Fort, Margherita; Ichino, Andrea - C.E.P.R. Discussion Papers - 2015

We exploit rules of class formation to identify the causal effect of increasing the number of immigrants in a classroom on natives test scores, keeping class size constant (Pure Composition Effect). We explain why this is a relevant policy parameter although it has been neglected so far. We show...

Persistent link: https://www.econbiz.de/10011145440

Citizenship and Employment – comparing two cool countries

Bevelander, Pieter; Pendakur, Ravi - C.E.P.R. Discussion Papers - 2011

Over the last decades, both Canada and Sweden have liberalized citizenship regulations for permanent residents. During the same period, immigration patterns by country of birth have changed substantially, with an increasing number of immigrants arriving from non-western countries. The aim of...

Persistent link: https://www.econbiz.de/10008874618

Business Cycle Synchronization Since 1880

Artis, Michael J; Chouliarakis, George; Harischandra, PKG - C.E.P.R. Discussion Papers - 2011

This paper studies the international business cycle behaviour across 25 advanced and emerging market economies for which 125 years of annual GDP data are available. The picture that emerges is more fragmented than the one drawn by studies that focused on a narrower set of advanced market...

Persistent link: https://www.econbiz.de/10009003371

Fixed-Mobile Integration

Bourreau, Marc; Cambini, Carlo; Hoernig, Steffen - C.E.P.R. Discussion Papers - 2013

Often, fixed-line incumbents also own the largest mobile network. We consider the effect of this joint ownership on market outcomes. Our model predicts that while fixed-to-mobile call prices to the integrated mobile network are more efficient than under separation, those to rival mobile networks...

Persistent link: https://www.econbiz.de/10011083776

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