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How Airline Markets Work...Or Do They? Regulatory Reform in the Airline Industry
Borenstein, Severin - 2007
have occurred in pricing, service, and competition in the 28 years since deregulation. We then examine some of the major …
Persistent link: https://www.econbiz.de/10012465197
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Entry, Contestability, and Deregulated Airline Markets : An Event Study Analysis of People Express
Whinston, Michael D. - 1990
on three issues. First, it offers a clean test of contestable market theory. Second, it provides evidence on the level of …
Persistent link: https://www.econbiz.de/10012475717
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Market Reforms in the Time of Imbalance
Cacciatore, Matteo - 2016
business cycle conditions at the time of deregulation significantly affect adjustment. A reduction of firing costs entails …
Persistent link: https://www.econbiz.de/10012456546
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Decarbonizing Aviation : Cash-for-Clunkers in the Airline Industry
Brueckner, Jan K.; Kahn, Matthew E.; Nickelsburg, Jerry - National Bureau of Economic Research - 2024
The durability of the transportation capital stock slows down the pace of decarbonization since newer vintages feature cutting-edge technology. If older vintages were to be retired sooner, the social cost of travel would decline. This paper analyzes and explores the viability of a potential...
Persistent link: https://www.econbiz.de/10014512059
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The Impact of Deregulation on the Employment and Wages of Airline Mechanics
Card, David - 1986
This paper describes the effects of deregulation on negotiated wage rates and employment levels of aircraft mechanics … real wage rates since deregulation,and only recent increases in interfirm wage differentials. Employment growth rates, on …-entrant airlines. The data suggest that deregulation resulted in a transfer of 5000-7000 maintenance jobs from the incumbent trunks to …
Persistent link: https://www.econbiz.de/10012477229
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Deregulation and Labor Earnings in the Airline Industry
Card, David - 1996
This paper uses a variety of data sources to study the effect of deregulation on the structure of wages in the airline … deregulation, with roughly similar declines for industry-specific occupations (pilots and flight attendants) and general …
Persistent link: https://www.econbiz.de/10012473155
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A Model of Dynamic Limit Pricing with an Application to the Airline Industry
Gedge, Christopher - 2014
The one-shot nature of most theoretical models of strategic investment, especially those based on asymmetric information, limits our ability to test whether they can fit the data. We develop a dynamic version of the classic Milgrom and Roberts (1982) model of limit pricing, where a monopolist...
Persistent link: https://www.econbiz.de/10012458374
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On the Persistent Financial Losses of U.S. Airlines : A Preliminary Exploration
Borenstein, Severin - 2011
U.S. airlines have lost nearly $60 billion (2009 dollars) in domestic markets since deregulation, most of it in the … that challenges the economics of deregulation. I examine some of the most common explanations among industry participants …
Persistent link: https://www.econbiz.de/10012461914
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Banking Deregulations, Financing Constraints, and Firm Entry Size
Kerr, William - 2009
We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. We find that the average entry size for startups did not change following the deregulations. However, among firms that survived at least four years, a greater...
Persistent link: https://www.econbiz.de/10012463150
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Differentiation Strategy and Market Deregulation : Local Telecommunication Entry in the Late 1990s
Greenstein, Shane - 2003
The authors examine the role of differentiation strategies for entry behavior in markets for local telecommunication services in the late 1990s. Whereas the prior literature has used models of interaction among homogenous firms, this research is motivated by the claim of entrants that they...
Persistent link: https://www.econbiz.de/10012468937