competition between the TV channels, since they take into account the fact that a lower viewer price at one channel will harm …

This paper identifies the mechanism through which financial crises exert long-term negative effects on output. Theory … suggests that a shortfall in productivity-enhancing investments temporarily slows technological progress, creating a gap … the Global Financial Crisis, I show that tight credit reduced investments in productivity-enhancement, and significantly …

Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to … EPPs across sectors, and hence across countries, can be explained by the variation in productivity dispersion, trade costs …

efficient firms are active. This is likely to lead to price increases, rather than decreases …

led the merging parties to reposition their assortment and increase average category prices. While the low-variety and low-price …

This paper examines the interaction between productivity growth, firms' monopolistic market power, and workers' wage … and the price-cost margins, we derive a measure of wage markup without relying on trade union participation data, and we … study the correlation of the estimated parameters and markups with the firm-level productivity growth. Second, the paper …

We study how mandatory online disclosure of supermarket prices affects prices and price dispersion in brick … in price dispersion and a 4% to 5% drop in prices following the transparency regulation. The price drop varied across …, we show that prices declined as more consumers used price-comparison websites, and we highlight the role of media …

-patterns of reserve price formation. We find that chosen reserve prices exhibit both, very sophisticated and 'irrational' behavior … (2008) and are adjusted remarkably nuanced to the resulting sales price pattern. Moreover, reserve prices are too clustered … entitlement effects and the sunk cost fallacy as there is a huge positive effect on the reserve price when the player has been …

's foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …