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The relationship between prices and output in the UK and the US
Caporale, Guglielmo Maria; Claudio-Quiroga, Gloria; … - 2021
find that the only significant relationship implies the existence of a lagged effect of prices on output in the case of the …
Persistent link: https://www.econbiz.de/10012494781
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The UK's great demand and supply recession
Jacob, Nick; Mion, Giordano - 2020
framework and firm-level prices and quantities data for detailed products allowing us to both measure demand, and its changes …
Persistent link: https://www.econbiz.de/10012387534
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Optimal stabilization in an emission permits market
Gerlagh, Reyer; Wan, Roweno J.R.K - 2018
Prices, and reduces price volatility. Our findings are important for emission trading schemes worldwide, such as California …
Persistent link: https://www.econbiz.de/10011810102
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Uncertainty and hyperinflation : European inflation dynamics after World War I
López, José A.; Mitchener, Kris - 2018
Fiscal deficits, elevated debt-to-GDP ratios, and high inflation rates suggest hyperinflation could have potentially emerged in many European countries after World War I. We demonstrate that economic policy uncertainty was instrumental in pushing a subset of European countries into...
Persistent link: https://www.econbiz.de/10011855599
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On the productivity advantage of cities
Jacob, Nick; Mion, Giordano - 2020
firms' revenue, quantity and prices to estimate TFP and TFP-R and decompose the latter into various elements. Our analysis … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than …, despite higher prices. These and other results we document suggest that firms in denser areas are able to charge higher prices …
Persistent link: https://www.econbiz.de/10012211220
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A retrospective study of state aid control in the German broadband market
Duso, Tomaso; Nardotto, Mattia; Seldeslachts, Jo - 2021
significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …
Persistent link: https://www.econbiz.de/10012433753
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Firms and economic performance : a view from trade
Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2019
We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries. market shares into the contribution of the number of firm-products, their average...
Persistent link: https://www.econbiz.de/10011955762
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Evaluating market consolidation in mobile communications
Genakos, Christos; Valletti, Tommaso M.; Verboven, Frank - 2017
We study the dual relationship between market structure and prices and between market structure and investment in … mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across … 33 OECD countries between 2002 and 2014, we document that more concentrated markets lead to higher end user prices …
Persistent link: https://www.econbiz.de/10011659539
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Profits, markups and entry : fiscal policy in an open economy
Coto-Martínez, Javier; Dixon, Huw - 2001
In this paper we develop a general model of an imperfectly competitive small open economy. There is a traded and non-traded sector, whose outputs are combined in order to produce a single final good that can be either consumed or invested. We make general assumptions about preferences and...
Persistent link: https://www.econbiz.de/10011399714
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Borrow and adjust : fiscal policy and sectoral adjustment in an open economy
Steigum, Erling; Thøgersen, Øystein - 2001
Should the government run fiscal deficits in response to an adverse external shock that warrants transfer of resources from production of non-traded to traded goods? This paper considers normative fiscal policy implications of sectoral adjustment costs in a two-sector model with overlapping...
Persistent link: https://www.econbiz.de/10011400804