Showing 1 - 10 of 154
into an entry barrier, protecting the position of an inefficient incumbent; or that, conversely, they can make it possible …
Persistent link: https://www.econbiz.de/10010418091
In this paper we study the behavior of rivals when there is a known probability of imminent entry. Experimental markets … are used to collect data on pre- and post-entry production when there is an announced time of possible entry; some markets … experience entry and other do not. In all pre-entry markets competition is more intense. Post-entry behavior in all markets is …
Persistent link: https://www.econbiz.de/10011451143
significantly increased in the municipalities receiving aid. This additional entry decreased average prices. Therefore, the …
Persistent link: https://www.econbiz.de/10012433753
target areas with market failures. We estimate a structural model of fiber entry using a rich dataset on fiber deployment for … subsidies were granted to municipalities where private entry would not have occurred. Overall, we estimate the cost of …
Persistent link: https://www.econbiz.de/10014283906
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...
Persistent link: https://www.econbiz.de/10009240781
Using information from all IMF conditionality programs from 1990 to 2018, we implement a dynamic Augmented Inverse Probability Weighting Regression Adjustment approach to examine the effects of programs, including public sector dismissals, on the size of the shadow economy. The estimated effect...
Persistent link: https://www.econbiz.de/10014332129
Vast literature is available covering main Informal Economy (IE) causes and consequences for Latin America and Caribbean (LAC), but its size estimation has been mainly limited to worldwide models applied to the region. This paper proposes a MIMIC Base Model using a data set composed by 41...
Persistent link: https://www.econbiz.de/10014285538
A famous idea to maintain affordable health expenditures is to cut back statutory health insurance (SHI) to a basic insurance and to introduce supplementary private health insurance (PHI), permitted to cover the remaining benefits and to apply managed care mechanisms. The measure is supposed to...
Persistent link: https://www.econbiz.de/10003872288
The TV industry is a two-sided market where both advertisers and viewers buy access to the programs offered by competing TV channels. Under the current market structure advertising prices are typically set by TV channels while viewer prices are set by distributors (e.g. cable operators). The...
Persistent link: https://www.econbiz.de/10003955216
Most European economies will experience significant demographic changes in the decades ahead. Due to low birth rates, populations are shrinking and ageing at the same time. This paper explores the impact of demographic change on the banking industry. A unique data set, which contains detailed...
Persistent link: https://www.econbiz.de/10003925219