Showing 1 - 10 of 23
Interest rates on consumer lending are lower when funds are tied to purchase of a durable good than when they are made available on an unconditional basis. Further, dealers often choose to bear the financial cost of their customers’ credit purchases. This paper interprets this phenomenon in...
Persistent link: https://www.econbiz.de/10005822225
This paper investigates price-setting for truly homogenous products sold in markets without any formal trade barriers. We use data from IKEA, a furniture company selling identical products in an identical shopping environment in different EU countries. We get four remarkable outcomes: 1) The law...
Persistent link: https://www.econbiz.de/10005822372
The costs of vertical integration are analyzed within a game-theoretic signaling model. It is shown that a company when being vertically integrated with a supplier may well decide to buy certain components from this supplier even at a lower quality than that offered by external sources. When the...
Persistent link: https://www.econbiz.de/10005703228
The Internet has the potential to reduce search frictions by allowing individuals to identify faster a larger set of …. This paper empirically examines the implications of Internet diffusion in the United States since the 1990s on one aspect … marriage markets. I also provide some suggestive evidence that Internet has likely crowded out other traditional meeting venues …
Persistent link: https://www.econbiz.de/10010887066
With the growth of the Internet, online job portals have become an important medium for job matching. This paper …
Persistent link: https://www.econbiz.de/10010959663
This paper analyses the effect of information disseminated by the Internet on voting behavior. We address endogeneity … in Internet availability by exploiting regional and technological peculiarities of the preexisting voice telephony … network that hinder the roll-out of fixed-line broadband infrastructure for high-speed Internet. We find small negative …
Persistent link: https://www.econbiz.de/10011279358
While the Internet has been found to reduce trading frictions in a number of other markets, existing research has … found that Internet job search (IJS) was associated with longer unemployment durations in 1998/2000 – using comparable data … about 25 percent. This finding is robust to controls for workers' AFQT scores and detailed indicators of Internet access …
Persistent link: https://www.econbiz.de/10009293739
Does the Internet undermine social capital or facilitate inter-personal and civic engagement in the real world? Merging … unique telecommunication data with geo-coded German individual-level data, we investigate how broadband Internet affects …-owned telecommunication provider in the 1990s that still hinders broadband Internet access for many households. We find no evidence that the …
Persistent link: https://www.econbiz.de/10009416938
diffusion of internet access in the late 1990’s. Which types of persons incorporated the internet into their job search strategy … internet job search derived from the December 1998 and August 2000 CPS Computer and Internet Supplements, matched with job … search outcomes from subsequent CPS files. We find that internet searchers are positively selected on observables, but …
Persistent link: https://www.econbiz.de/10005762153
We examine wage competition in a model where identical workers choose the number of jobs to apply for and identical firms simultaneously post a wage. The Nash equilibrium of this game exhibits the following properties: (i) an equilibrium where workers apply for just one job exhibits unemployment...
Persistent link: https://www.econbiz.de/10005703111