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-entry dynamics of quantities, but no post-entry dynamics of markups. This suggests that shifts in demand play an important role in … successful entry, but that firms do not use dynamic manipulation of markups as an instrument to shift demand. We structurally … advertising to acquire new customers and thereby shift demand and increase sales. In the second, they use temporarily low markups …
Persistent link: https://www.econbiz.de/10012841929
In many markets supply contracts include a series of small, regular payments made by consumers and a single, large bonus that consumers receive at some point during the contractual period. But, if for instance its production costs exceed its value to consumers, such a bonus creates...
Persistent link: https://www.econbiz.de/10012890631
framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes …. This in turn allows us to measure how changes in TFP-Q, demand and markups ultimately affected revenue TFP, as well as …-recession is due to both a weakening of demand and a decreasing TFP-Q pushing down sales, markups, revenue TFP and labour …
Persistent link: https://www.econbiz.de/10013314807
Using a large-scale online experiment with more than 8,000 U.S. respondents, we examine how the demand for a politics … newsletter changes when the newsletter content is fact-checked. We first document an overall muted demand for fact-checking when …-checking reduces demand among respondents with strong ideological views and increases demand among ideologically moderate respondents …
Persistent link: https://www.econbiz.de/10013228860
demand and reduced working hours so as to stabilize workers’ income. In a matching framework such an arrangement increases … labor demand. Tightening eligibility to short-time work benefits tends to reduce the wage while the impact on unemployment …
Persistent link: https://www.econbiz.de/10012892292
domestic and foreign production of other goods. The optimal tax-subsidy scheme is based on an intuitive principle: Impose a …. Producers of renewables-based electricity should receive a subsidy to internalize their contribution to the reduction of global …
Persistent link: https://www.econbiz.de/10012859989
-best outcomes. We also show there exists a range of subsidy rates that are welfare-enhancing when greenhouse gas externalities are …
Persistent link: https://www.econbiz.de/10013234520
associated environmental costs. We build a structural model of solar panel demand and electricity production across the country …
Persistent link: https://www.econbiz.de/10014348184
We estimate the causal effects of a pandemic-era wage subsidy program in Canada on job losses and business closures … changes in the wage subsidy rate. The estimated net wage elasticity of employment was 0.11, implying a small aggregate … employment effect of the program and an estimated fiscal cost per job saved of nearly $200,000 per year. Subsidy payments caused …
Persistent link: https://www.econbiz.de/10014262746
-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy …
Persistent link: https://www.econbiz.de/10014244086