This empirical analysis focuses on the impact of the economic cycle on firms' ability to sustain cooperative behavior within an explicit cartel agreement that existed during the interwar period in the Northern French coalfields. The basic model is based on Bresnahan (1982) and adapted to the...

The explosion in the patenting rate in the U.S. during the last half of the 1990s is often attributed partly to an apparent decline in examination standards. We estimate a simultaneous equation model accounting for the fact that a decline in examination standards would itself induce an increase...