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A Model Of Market-Enhancing Infrastructure

Aghion, Philippe; Schankerman, Mark - C.E.P.R. Discussion Papers - 2000

asymmetric firms, restructuring, and entry. We show how these welfare effects depend on the initial level of market development …, and restructuring and entry costs. The model generates an endogenous demand for infrastructure investment, and the … simulate the relative welfare effects of reducing transport, restructuring and entry costs, and we evaluate in each case the …

Persistent link: https://www.econbiz.de/10005656176

Competition, Entry, and the Social Returns to Infrastructure in Transition Economies

Aghion, Philippe; Schankerman, Mark - C.E.P.R. Discussion Papers - 1999

incentives for relatively low-cost firms to enter the market, and thus improves the efficiency of the entry process. The … among firms, the proportion of high-cost firms, the cost of restructuring, and entry costs for new firms. …

Persistent link: https://www.econbiz.de/10005667044

The demand for voluntary carbon sequestration : experimental evidence from a reforestation project in Germany

Bartels, Lara; Kesternich, Martin; Löschel, Andreas - 2021

With the increasing recognition of the use of reforestation measures as a complement to conventional carbon emissions avoidance technologies it is important to understand the market valuation of local forest carbon sinks for climate change mitigation. We conducted a framed-field experiment among...

Persistent link: https://www.econbiz.de/10012671884

Expanding the Welfare System: A Proposal for Reform

Orszag, Mike; Snower, Dennis J. - C.E.P.R. Discussion Papers - 1997

This proposal involves the establishment of ‘welfare accounts’ for every person in a country. There are four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10005661484

Outside options drive wage inequalities in continuing jobs : evidence from a natural experiment

Lukesch, Veronika; Zwick, Thomas - 2021

The literature on wage bargaining so far mainly argues that unemployment benefits are relevant outside options for employees. This paper demonstrates that also a change in outside wage options drives wages in continuing jobs. The authors use the natural experiment of a crafts reform that reduces...

Persistent link: https://www.econbiz.de/10012421893

Markups for consumers

Ganglmair, Bernhard; Kann, Alexander; Tsanko, Ilona - 2020

A central motivating factor for studying price markups is their effect on consumer welfare. Reported estimates of (firm-level) price markups in the literature, however, are often focused on industry or cross-country comparisons. These treat different industries equally rather than based on how...

Persistent link: https://www.econbiz.de/10012387049

Long-term health insurance : theory meets evidence

Atal, Juan Pablo; Fang, Hanming; Karlsson, Martin; … - 2021

To insure policyholders against contemporaneous health expenditure shocks and future reclassification risk, long-term health insurance constitutes an alternative to community-rated short-term contracts with an individual mandate. In this paper, we study the German long-term health insurance...

Persistent link: https://www.econbiz.de/10012672165

The effects of an increase in the retirement age on health : evidence from administrative data

Barschkett, Mara; Geyer, Johannes; Haan, Peter; … - 2021

This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort-specific pension reform for women using two complementary empirical approaches - a Regression Discontinuity Design and a Difference-in-Differences approach. The analysis is based on...

Persistent link: https://www.econbiz.de/10013191363

Social capital and the spread of Covid-19 : insights from European countries

Bartscher, Alina Kristin; Seitz, Sebastian; Slotwinski, … - 2020

We explore the role of social capital in the spread of the recent Covid-19 pandemic in independent analyses for Austria, Germany, Italy, the Netherlands, Sweden, Switzerland and the UK. We exploit within-country variation in social capital and Covid-19 cases to show that high-social-capital...

Persistent link: https://www.econbiz.de/10012221209

Sleep quality and the evolution of the COVID-19 pandemic in five European countries

Jabakhanji, Samira; Lepinteur, Anthony; Menta, Giorgia; … - 2022 - This version: September 2022

The COVID-19 pandemic has led to lifestyle changes across Europe with a likely impact on sleep quality. This investigation considers sleep quality in relation to the evolution of the COVID-19 pandemic in five European countries. Using panel regressions and keeping policy responses to COVID-19...

Persistent link: https://www.econbiz.de/10013382278