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Unaffordable Housing and Local Employment Growth: Evidence from California Municipalities
Chakrabarti, Ritashree; Zhang, Junfu - Institute for the Study of Labor (IZA) - 2014
investigates this effect empirically using data on California municipalities. For various reasons, a simple correlation between …
Persistent link: https://www.econbiz.de/10010884184
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Unemployment and Finance: How Do Financial and Labour Market Factors Interact?
Gatti, Donatella; Vaubourg, Anne-Gaël - Institute for the Study of Labor (IZA) - 2009
Using data for 18 OECD countries over the period 1980-2004, we investigate how labour and financial factors interact to determine unemployment. We show that the impact of financial variables depends strongly on the labour market context. Increased market capitalization as well as decreased...
Persistent link: https://www.econbiz.de/10005703280
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Commitment in Symmetric Contests
Possajennikov, Alex - University <Nottingham> / Department of Economics - 2008
The paper proves that in two-player logit form symmetric contestswith concave success function, commitment to a particular strategydoes not increase a player's payo, while in contests with more thantwo players it does. The paper also provides a contest-like game inwhich commitment does not...
Persistent link: https://www.econbiz.de/10005868568
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Strategic bi-sourcing
Beladi, Hamid; Mukherjee, Arijit - University of Texas <San Antonio, Tex.>; University … - 2008
profitable strategyunder both monopoly and product market competition. The incentive for bi-sourcingdepends on the product market … and outside input market competition... …
Persistent link: https://www.econbiz.de/10005868579
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FINANCIAL PREDATION BY THE WEAK
Bougheas, Spiros; Saksit Thananittayaudom - University <Nottingham> / Department of Economics - 2005
We examine a Stackelberg game where a financially constrainedleader faces competition from a ‘deep pocket’ follower. We …
Persistent link: https://www.econbiz.de/10005868761
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COMPETITION, INNOVATION AND WELFARE
Mukherjee, Arijit - University <Nottingham> / Department of Economics - 2005
We show the effects of Bertrand and Cournot competition on R&D investmentand social welfare in a duopoly with R …&D competition where success in R&D isprobabilistic. We show that R&D investments are higher under Bertrand (Cournot)competition when … Cournot competition can generate highersocial welfare in absence of knowledge spillover and this happens if R&D is drastic …
Persistent link: https://www.econbiz.de/10005868763
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ENTRY IN A STACKELBERG PERFECTEQUILIBRIUM
Mukherjee, Arijit - University <Nottingham> / Department of Economics - 2005
This paper considers welfare effects of entry when the incumbent firmbehaves like a Stackelberg leader in the product market. In contrast to previous work(Klemperer, 1988, Journal of Industrial Economics), we show that entry may alwaysincrease welfare. Using general demand function, we show the...
Persistent link: https://www.econbiz.de/10005868767
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IMPERFECTLY COMPETITIVE FINANCE, SENIORITY WAGES AND ECONOMIC GROWTH
Roberts, Mark A. - University <Nottingham> / Department of Economics - 2005
interest rates. A three-period OLG model is presented with monopolistic competition in the finance sector to endogenise the …
Persistent link: https://www.econbiz.de/10005868770
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ENTRY, LICENSING AND WELFARE
Mukherjee, Arijit; Mukherjee, Soma - University <Nottingham> / Department of Economics - 2005
We show the welfare effects of entry in presence of technology licensingunder Cournot competition. If the entrant is …
Persistent link: https://www.econbiz.de/10005868772
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BANKING COMPETITION AND CAPITAL ACCUMULATION: THE IMPORTANCE OF HOW PROFITS ARE RETURNED
Roberts, Mark A. - University <Nottingham> / Department of Economics - 2005
We consider the effects of an imperfectly competitive banking sector on the capital stock in a version of the two-period Diamond OLG model, focusing on how profits are returned. There are two broad alternatives: profits may be taxed and returned to households exogenously as fiscal transfers or...
Persistent link: https://www.econbiz.de/10005868774