Showing 1 - 10 of 488
In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the alleged abuse of a joint dominant position by strategically withholding generation capacity. The case was settled after E.ON agreed to divest 5,000 MW generation capacity as well as...
Persistent link: https://www.econbiz.de/10012944881
competition and stability in banking. There are two basic channels through which competition may increase instability: by … incentives to take risk and raise failure probabilities. The competition-stability trade-off is characterized and the … implications of the analysis for regulation and competition policy are derived. It is found that optimal regulation may depend on …
Persistent link: https://www.econbiz.de/10013094726
We evaluate the impact of a major European state aid programme for broadband deployment applied to rural areas in the German state of Bavaria in the years 2010 and 2011. Using matched difference-in-differences estimation strategies, we find that aided municipalities have – depending on...
Persistent link: https://www.econbiz.de/10012919054
early stages or to protect mature firms from competition to appropriate these externalities. However, non …
Persistent link: https://www.econbiz.de/10012770493
This paper investigates regional or international transfers as a means to prevent immigration into unemployment. We analyze a two-country model with free migration in which the rich country is characterized by minimum wage unemployment. Matching grants for investment in infrastructure are...
Persistent link: https://www.econbiz.de/10012779814
In this paper we analyze cartel formation and self-reporting incentives when firms operate in several geographical markets and face antitrust enforcement in different jurisdictions. We are concerned with the effectiveness of leniency programs and the benefits of international antitrust...
Persistent link: https://www.econbiz.de/10013144908
A well-established stylised fact is that employer provided job-related training raises productivity and wages. Using UK data, we further find that job-related training is positively related to subsidies aimed at reducing training costs for employers. We also find that there is a positive, albeit...
Persistent link: https://www.econbiz.de/10012948253
Using a natural experiment from Germany, we show that temporary place-based subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...
Persistent link: https://www.econbiz.de/10013021421
increase demand by over 250%, but overuse is rare with or without the subsidy. Information, contrary to intent, appears to …
Persistent link: https://www.econbiz.de/10012981338
installation of a “cash for clunkers” subsidy by the German government in 2009 to assess implied disruptions in the German …
Persistent link: https://www.econbiz.de/10012919055