Showing 1 - 10 of 193
This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD … of market competition. This study shows that inflation decreases with greater market competitiveness even after … controlling for productivity effects. Indeed, when market competition and productivity effects are both accounted for, trade …
Persistent link: https://www.econbiz.de/10010280812
This paper examines the relation between crowd support and home advantage in professional football in making use of a unique “natural experiment” induced by restrictions due to the Corona pandemic: so-called ghost games in the top three German football divisions during the 2019/2020 season....
Persistent link: https://www.econbiz.de/10012822694
standard markup pricing model, reductions in market competition, along with increased nominal exchange rate volatility, are …
Persistent link: https://www.econbiz.de/10010261182
pure monopoly. We extend this model by examining cases of perfect competition and a vertically integrated domestic company … larger are the backward linkage effects. They reach their maximum under perfect competition in the intermediate goods market …
Persistent link: https://www.econbiz.de/10010264311
The New Trade Theory predicts that international trade lowers prices for consumers and expands the choices available to them. This study shows that both predictions may no longer hold once adjustments in the retail sector are taken into account. I present a new model of retailing in general...
Persistent link: https://www.econbiz.de/10010264598
In the past several decades, the U.S. economy has witnessed a number of striking trends that indicate a rising market concentration and a slowdown in business dynamism. In this paper, we make an attempt to understand potential common forces behind these empirical regularities through the lens of...
Persistent link: https://www.econbiz.de/10012861420
We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and …-relevant feature of market power above and beyond markup dispersion. Trade liberalisation increases foreign competition and reduces the …
Persistent link: https://www.econbiz.de/10013231972
Two types of agents interact on a pre-existing free platform. Agents value positively the presence of agents of the other type but may value negatively the presence of agents of their own type. We ask whether a new platform can find fees and subsidies so as to divert agents from the existing...
Persistent link: https://www.econbiz.de/10013317024
The relationship between competition and performance-related pay has been analyzed in single … competition when aggregated firm data is used. …
Persistent link: https://www.econbiz.de/10010264481
local credit markets. We provide evidence that marginal increases in interbank competition are detrimental to relationship … technologies are al-ready widely in use in the market by a large group of small mutual banks, an increase in competition may drive …
Persistent link: https://www.econbiz.de/10010270467