Narrow search
Showing 1 - 10 of 2,990
Cover Image
The Evolution of Market Power in the US Auto Industry
Grieco, Paul L. E.; Murry, Charles; Yurukoglu, Ali - National Bureau of Economic Research - 2021
We construct measures of industry performance and welfare in the U.S. car and light truck market from 1980-2018. We estimate a differentiated products demand model for this market using product level data on market shares, prices, and product characteristics, and consumer level data on...
Persistent link: https://www.econbiz.de/10012599303
Cover Image
Keeping it Fresh : Strategic Product Redesigns and Welfare
Blonigen, Bruce A. - 2013
Product redesigns happen across virtually all types of products. While there is substantial evidence that new varieties of goods increase welfare, there is little evidence on the effect of product redesigns. We develop a model of redesign and exit decisions in a dynamic oligopoly model (a la...
Persistent link: https://www.econbiz.de/10012459665
Cover Image
Subsidizing Fuel Efficient Cars : Evidence from China's Automobile Industry
Chen, Chia-Wen - 2017
The Chinese automobile market is the largest in the world with annual sales exceeding 20 million vehicles. The …
Persistent link: https://www.econbiz.de/10012455635
Cover Image
The Real Effects of Liquidity During the Financial Crisis : Evidence from Automobiles
Benmelech, Efraim - 2016
Illiquidity in short-term credit markets during the financial crisis might have severely curtailed the supply of non-bank consumer credit. Using a new data set linking every car sold in the United States to the credit supplier involved in each transaction, we find that the collapse of the...
Persistent link: https://www.econbiz.de/10012456527
Cover Image
Political Discretion and Antitrust Policy : Evidence from the Assassination of President McKinley
Baker, Richard B. - 2018
accession of Theodore Roosevelt to the presidency. During McKinley's term in office the largest wave of merger activity in …
Persistent link: https://www.econbiz.de/10012480888
Cover Image
Concentration Screens for Horizontal Mergers
Nocke, Volker - 2020
Concentration-based screens for horizontal mergers, such as those employed in the US DOJ and FTC Horizontal Merger … Guidelines, play a central role in merger analysis. However, the basis for these screens, in both form and level, remains unclear …
Persistent link: https://www.econbiz.de/10012481388
Cover Image
Consolidation of Banks in Japan : Causes and Consequences
Hosono, Kaoru - 2007
We investigate the motives and consequences of the consolidation of banks in Japan during the period of fiscal year 1990-2004 using a comprehensive dataset. Our analysis suggests that the government's too-big-to-fail policy played an important role in the mergers and acquisitions (M&As), though...
Persistent link: https://www.econbiz.de/10012465251
Cover Image
Monopoly-Creating Bank Consolidation? The Merger of Fleet and BankBoston
Calomiris, Charles W. - 2005
The merger of Fleet and BankBoston in September 1999 resulted in a regional New England lending market in which only … one large, universal bank remained. We explore the extent to which that merger resulted in monopoly rents for the combined … merger, Fleet and BankBoston charged unusually low loan interest rates, reflecting their ability to realize economies of …
Persistent link: https://www.econbiz.de/10012467332
Cover Image
Collusion, Mergers, and Related Antitrust Issues
Asker, John; Nocke, Volker - National Bureau of Economic Research - 2021
research in the areas of collusion and merger enforcement. Research relating to both collusion and mergers has made significant …-based measurement) and theoretical work in advancing our understanding of collusive and merger-related phenomena …
Persistent link: https://www.econbiz.de/10012616623
Cover Image
Implementing Results-Oriented Trade Policies : The Case of the US-Japanese Auto Parts Dispute
Krishna, Kala - 1996
Why would the US threaten punitive tariffs on luxury autos to implement a market share target in auto parts? We show that by making threats to a linked market, a market share may be implemented with fairly weak informa- tional and administrative requirements. Moreover, such policies can be both...
Persistent link: https://www.econbiz.de/10012473162