ITransition started by a sudden collapse of corporate efficiency, as one important element of the transformational recession. It was followed by a consolidation period, with rapidly increasing efficiency and improving returns to scale. During this period performance was frequently improved by...

In this paper, we use IV-techniques to identify the causal e ect of retirement among the 50-69 year-old on Body Mass Index (BMI) and related weight measures. Based on the 2004 and 2006 waves of the Survey of Health, Ageing and Retirement in Europe (SHARE), the identi cation strategy exploits the...

Under perfect competition and constant returns to scale, firms producing homogeneous products set their prices at their marginal costs which also equal their average costs. However, the departure from these standard assumptions has important implications with respects to the derived theoretical...

This paper estimates the causal impact of retirement among the 50-69 year-old on Body Mass Index (BMI), the probability of being either overweight or obese and the probability of being obese. Based on the 2004, 2006 and 2010-11 waves of the Survey of Health, Ageing and Retirement in Europe...