unbundling. The theory predicts that an airlineś fares should fall when it introduces a bag fee, but that the full trip price …

-KLM and SkyTeam alliances into a single mega-alliance. The results of the analysis show that, although the airlines benefit …

We investigate whether legacy U.S. airlines communicated via earnings calls to coordinate with other legacy airlines in … among airlines about their capacity choices. Estimates from our preferred specification show that when all legacy airlines … reduction materializes only when airlines communicate concurrently, and that it cannot be explained by other possibilities …

how fuel price changes affect cost-minimizing choices by airlines that have implications for the extent of this …

A reasonable future for Europe can only be achieved if two essential elements are fulfilled: Firstly, newly established …

We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product … quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find … inputs, and imported inputs from more advanced countries. The structural estimates indicate that management is important for …

We reassess the driving forces behind the recent decline of corporate tax rates in Europe. Using data for up to 32 …