Showing 1 - 10 of 156
Using an administrative payroll dataset for 2.6 million retail workers, we find that the staggered rollout of a major e-commerce firm's fulfillment centers reduces traditional retail workers' income in geographically proximate counties by 2.4%. Wages of hourly workers, especially part-time...
Persistent link: https://www.econbiz.de/10013210105
sold in 29 European, Asian, and North American markets via the Internet by Spain's second largest apparel manufacture … cross-country price variations of identical items purchased via the Internet by consumers who do not take advantage of …
Persistent link: https://www.econbiz.de/10012462422
While a fast-growing body of research has looked at how the advent and diffusion of e-commerce has affected prices, much less work has investigated e-commerce's impact on the number and type of producers operating in an industry. This paper theoretically and empirically takes up the question of...
Persistent link: https://www.econbiz.de/10012464481
Data on sales of memory modules are used to explore several aspects of e-retail demand. There is a strong relationship between e-retail sales to a given state and sales tax rates that apply to purchases from online retailers. This suggests that there is substantial substitution between online...
Persistent link: https://www.econbiz.de/10012466426
We present an equilibrium search model that parsimoniously rationalizes the use of auctions as a sales mechanism for new-in-box goods--a frequent occurrence in online retail markets--and analyze whether the existence of these auctions is welfare enhancing relative to a market consisting only of...
Persistent link: https://www.econbiz.de/10012456636
Recurrent intervals of inattention to the stock market are optimal if consumers incur a utility cost to observe asset values. When consumers observe the value of their wealth, they decide whether to transfer funds between a transactions account from which consumption must be financed and an...
Persistent link: https://www.econbiz.de/10012463639
We estimate the sensitivity of Internet retail purchasing to sales taxes using data from the eBay marketplace. Our …
Persistent link: https://www.econbiz.de/10012460641
We study the effects of broadband internet use on the investment decisions of individual investors. A public program in … Norway provides plausibly exogenous variation in internet use. Our instrumental variables estimates show that internet use … increase their trading activity in stocks. Overall, access to high-speed internet seems to spur a "democratization of finance …
Persistent link: https://www.econbiz.de/10013362037
We jointly model the information choice and portfolio allocation problem of institutional investors who are concerned about their performance relative to a benchmark. Benchmarking increases an investor's effective risk-aversion, which reduces his willingness to speculate and, consequently, his...
Persistent link: https://www.econbiz.de/10012455121
We argue in this paper that retailers can strategically position store brands in product space to strengthen their bargaining position when negotiating supply terms with manufacturers of national brands. Using a bargaining framework we model a retailer's decision whether to carry an additional...
Persistent link: https://www.econbiz.de/10012471049