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Does Entry Regulation Hinder Job Creation? Evidence from the French Retail Industry
Bertrand, Marianne; Kramarz, Francis - C.E.P.R. Discussion Papers - 2001
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Persistent link: https://www.econbiz.de/10005504697
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Markups in the Labour and Product Markets and the Relative Performance of Industry and Services: Italy 1951-90
Brunello, Giorgio - C.E.P.R. Discussion Papers - 1993
product and in labour markets, in the determination of sectoral employment growth in Italy during the last forty years (1951 … markets were quantitatively more important than changes in product markets in the determination of sectoral employment growth … remained constant after 1973, our simulations suggest that, on average, industrial and service employment would have been …
Persistent link: https://www.econbiz.de/10005666840
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Bank Competition and Enterprise restructuring in Transition Economies
Schnitzer, Monika - C.E.P.R. Discussion Papers - 1998
We investigate how bank competition affects the efficiency of credit allocation, using a model of spatial competition. Our analysis shows that bad loans are more likely the larger the number of banks competing for customers. We study further how many banks will be active if market entry is not...
Persistent link: https://www.econbiz.de/10005067568
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Entrepreneurial innovations and taxation
Haufler, Andreas; Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2012
Stimulating entrepreneurship is high on the policy agenda of many countries. We study the effects of tax policies on entrepreneurs’ choice of riskiness (quality) of an innovation project, and on their mode of commercializing the innovation (market entry versus sale). Limited loss offset...
Persistent link: https://www.econbiz.de/10011083431
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Participation Games: Market Entry, Coordination and the Beautiful Blonde
Anderson, Simon P; Engers, Maxim - C.E.P.R. Discussion Papers - 2005
We find the Nash equilibria for monotone n-player symmetric games where each player chooses whether to participate. Examples include market entry games, coordination games, and the bar-room game depicted in the movie 'A Beautiful Mind'. The symmetric Nash equilibrium involves excessive...
Persistent link: https://www.econbiz.de/10005662078
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The Deep Pocket Effect of Internal Capital Markets
Boutin, Xavier; Cestone, Giacinta; Fumagalli, Chiara; … - C.E.P.R. Discussion Papers - 2009
This paper provides evidence that incumbents' access to group deep pockets has a negative impact on entry in product markets. Relying on a unique French data set on business groups, the paper presents three major findings. First, consistent with theoretical predictions, the amount of financial...
Persistent link: https://www.econbiz.de/10005791859
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The European UMTS/IMT-2000 Licence Auctions
Jehiel, Philippe; Moldovanu, Benny - C.E.P.R. Discussion Papers - 2001
Europe has taken the global lead in the issuance of third generation (3G) licences for mobile telecommunications according to the UMTS/IMT-2000 family of standards. We survey the recent European UMTS licence auctions and compare their outcomes with the predictions of a simple auction model that...
Persistent link: https://www.econbiz.de/10005792176
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Five Puzzles in the Behaviour of Productivity, Investment and Innovation
Gordon, Robert J - C.E.P.R. Discussion Papers - 2004
Productivity growth in the United States was considerably faster during 2000-03 than in the boom years of 1995-2000. This ebullient productivity performance raises numerous questions about its interpretation and its implications for the future, and these are stated here in the form of five...
Persistent link: https://www.econbiz.de/10005123790
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Does the welfare state make older workers unemployable?
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2009
for employment protection, provided it is uniform across workers and not specifically higher for older workers. It …
Persistent link: https://www.econbiz.de/10008506842
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Does Racial and Ethnic Discrimination Vary Across Minority Groups? Evidence From a Field Experiment
Booth, Alison L; Leigh, Andrew; Varganova, Elena - C.E.P.R. Discussion Papers - 2010
We conduct a large-scale audit discrimination study to measure labor market discrimination across different minority groups in Australia -- a country where one quarter of the population was born overseas. To denote ethnicity, we use distinctively Anglo-Saxon, Indigenous, Italian, Chinese, and...
Persistent link: https://www.econbiz.de/10008554244