Showing 1 - 10 of 163
We study the labor market outcomes of a deregulation reform in Germany that removed licensing requirements to become self-employed in some occupations. Using longitudinal social security data, we implement a matched difference-in-differences design with entropy balancing to account for...
Persistent link: https://www.econbiz.de/10012892300
formalizes the underlying interaction of risk, fixed export costs and firms' market entry decisions based on techniques known …
Persistent link: https://www.econbiz.de/10010276621
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … to an incumbent firm) are endogenous. We show that government programs to support small businesses foster market entry by …
Persistent link: https://www.econbiz.de/10010275011
We integrate a market microstructure model with an exchange competition model with entry in which exchanges supply … strategic substitutes or complements in platform competition. Free entry of platforms delivers a superior outcome in terms of … liquidity and (generally) welfare compared to the case of an unregulated monopoly. Controlling entry or, even better, platform …
Persistent link: https://www.econbiz.de/10012892152
firms. Tax and entry regulation policy can reduce the excessive entry problem having a positive effect on total surplus …We focus on the estimation of market entry costs that are declining over time and evaluate their impact on competition … and market performance. We employ a dynamic oligopoly model in which firms make entry, exit, and production decisions in …
Persistent link: https://www.econbiz.de/10012822507
evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions … raise wages above the competitive level, output and profits per firm decline, which could deter entry and thus improve …
Persistent link: https://www.econbiz.de/10012866378
Can culture explain persistent differences in economic activity among individuals and across regions? A novel measure of cultural origin enables us to contrast the entrepreneurial activity of individuals located in the same municipality but whose ancestors lived just on opposite sides of the...
Persistent link: https://www.econbiz.de/10013218291
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 study the optimal entry fee in a symmetric private value first-price auction with signaling, in which the … sufficiently strong, the expected revenue maximizing entry fee is the maximal fee that guarantees full participation. The larger is …
Persistent link: https://www.econbiz.de/10014077334
This paper explores the relationship between market accessibility and various participants’ welfare in an intermediated directed-search market. For a general class of meeting technologies, we provide a necessary and sufficient condition under which efficiency requires imperfect accessibility,...
Persistent link: https://www.econbiz.de/10014347824