Showing 1 - 10 of 2,686
Trade costs are crucial in new economic geography (NEG) models. The unavailability of actual trade costs data requires the approximation of trade costs. Most NEG studies do not deal with the ramifications of the particular trade costs specification used. This paper shows that the specification...
Persistent link: https://www.econbiz.de/10013316892
We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to instrument for potential endogeneity that might result from the selection of firms to certain product markets. We find that greater price adjustment costs result in greater price...
Persistent link: https://www.econbiz.de/10012892080
We study competition among market designers who create new trading platforms, when boundedly rational traders learn to select among them. We ask whether efficient platforms, leading to market - clearing trading outcomes, will dominate the market in the long run. If several market designers are...
Persistent link: https://www.econbiz.de/10013317023
: The first is the widespread adoption of telephony; the second is the internet. We study the implications of these changes … activity in space. The evidence on internet usage is more speculative, although it goes in the same direction. This empirical …
Persistent link: https://www.econbiz.de/10013316963
This paper studies the investment decision by a monopolistic internet service provider (ISP) in different regulatory …
Persistent link: https://www.econbiz.de/10012841934
We study the Gilets jaunes movement, which blocked most of France off in November 2018. We first analyze the complementarity/substitutability between the different forms of mobilization and find that blockades were planned online and later reinforced online activism. Second, we do textual...
Persistent link: https://www.econbiz.de/10012832184
We study the effect of internet diffusion on childbirth procedures performed in England between 2000 and 2011. We … exploit an identification strategy based on geographical discontinuities in internet access generated by technological factors …. We show that broadband internet access increased Cesarean-sections: mothers living in areas with better internet access …
Persistent link: https://www.econbiz.de/10013314858
On 3 June 2020, the German government announced a EUR 130 billion fiscal stimulus package to stimulate market demand and jumpstart the economy in the wake of the COVID-19 pandemic lockdown in the spring of 2020. The most prominent measure of this package is an unconventional fiscal policy in the...
Persistent link: https://www.econbiz.de/10013314775
We study whether a democracy improves a measure of individual wellbeing; human heights. Drawing on individual-level datasets, we test the hypothesis using a battery of eight different measures of democracy and derived averages, and include models accounting for several confounders, regional and...
Persistent link: https://www.econbiz.de/10013310764
We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world … outbreak. We predict the cumulative loss in world output one year after the uncertainty shock due to Covid-19 to be about 14% …
Persistent link: https://www.econbiz.de/10012834352