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Time is money – how much money is time? : interest and inflation in competition law actions for damages
Bueren, Eckart; Hüschelrath, Kai; Veith, Tobias - 2014
legal systems treat interest and inflation as part of competition law actions for damages, and, using real-world data from …
Persistent link: https://www.econbiz.de/10010233583
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Is it worth all the trouble? : the costs and benefits of antitrust enforcement
Hüschelrath, Kai (contributor) - 2008
The paper aims at assessing the costs and benefits of antitrust enforcement. The analysis starts with an investigation of why competition is typically worth protecting followed by a collection of empirical evidence which shows that competition actually needs protection by antitrust policy in...
Persistent link: https://www.econbiz.de/10003784710
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Do cartel breakdowns induce mergers? : evidence from EC cartel cases
Hüschelrath, Kai; Smuda, Florian - 2013
We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the European Commission (EC) between 2000 and 2011 with a detailed data set of worldwide merger activity, we find that, first, the average number of all merger transactions increase...
Persistent link: https://www.econbiz.de/10009751721
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Measurement error in education and growth regressions
Portela, Miguel (contributor); Alessie, Rob (contributor);  … - 2006
The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...
Persistent link: https://www.econbiz.de/10003301163
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Measurement error in education and growth regressions
Portela, Miguel; Alessie, Rob; Teulings, Coen N. - 2005
The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...
Persistent link: https://www.econbiz.de/10011335189
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Education, growth and income inequality
Teulings, Coen N.; Rens, Thijs van - 2001
Persistent link: https://www.econbiz.de/10001639506
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Persistence in the market risk premium : evidence across countries
Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; … - 2020
This paper provides evidence on the degree of persistence of one of the key components of the CAPM, namely the market risk premium, as well as its volatility. The analysis applies fractional integration methods to data for the US, Germany and Japan, and for robustness purposes considers...
Persistent link: https://www.econbiz.de/10012199998
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Untangling real gravity
Klaassen, Franc; Teulings, Rutger - 2017
all variables proposed by theory, despite a broad set of fixed effects (FE). We find that both REERs are important and … multilateral resistances. Untangling normalization helps to get a better view of what is still unexplained by theory. …
Persistent link: https://www.econbiz.de/10011791519
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Cartel cases and the cartel enforcement process in the European Union 2001-2015 : a quantitative assessment
Hellwig, Michael; Hüschelrath, Kai - 2016
We provide a comprehensive quantitative assessment of cartels and the related cartel enforcement process in the European Union (EU) from 2001 to 2015. In a first step, we present a detailed characterization of all cartel cases decided by the European Commission (EC) with respect to various...
Persistent link: https://www.econbiz.de/10011541082
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Settlements and appeals in the European Commission's cartel cases : an empirical assessment
Hellwig, Michael; Hüschelrath, Kai; Laitenberger, Ulrich - 2016
The introduction of the European Union (EU) Settlement Procedure in 2008 aimed at promoting the procedural efficiency of cartel investigations by the European Commission (EC). We use a data set consisting of 579 firms groups convicted by the EC for cartelization from 2000 to 2015 to investigate...
Persistent link: https://www.econbiz.de/10011419416