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Bank deregulation, competition and economic growth : the US free banking experience
Ager, Philipp; Spargoli, Fabrizio - 2013
removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … states that retained state bank chartering policies. We argue that the fiercer bank competition following the introduction of …
Persistent link: https://www.econbiz.de/10010227307
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Complex network phenomena in telecommunication systems
Schintler, Laurie A. (contributor) - 2004
Persistent link: https://www.econbiz.de/10002460570
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From public monopsony to competitive market : more efficiency but higher prices
Delfgaauw, Josse; Dur, Robert A. J. - 2002
competition between private firms for the best motivated workers leads to higher wage cost than under the public monopsony …
Persistent link: https://www.econbiz.de/10011327829
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From public monopsony to competitive market : more efficiency but higher prices
Delfgaauw, Josse; Dur, Robert A. J. - 2002
Persistent link: https://www.econbiz.de/10001718712
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Do firms sell forward for strategic reasons? : an application to the wholesale market for natural gas
Eijkel, Remco van; Moraga-González, José Luis - 2010
Building on a model of the interaction of risk-averse frms that compete in forward and spot markets, we develop an empirical strategy to test whether oligopolistic frms use forward contracts for strategic motives, for risk-hedging, or for both. An increase in the number of players weakens the...
Persistent link: https://www.econbiz.de/10011380799
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Decision making in incomplete markets with ambiguity : a case study of a gas field acquisition
Zhao, Lin; Wijnbergen, Sweder van - 2014
We apply utility indifference pricing to solve a contingent claim problem, valuing a connected pair of gas fields where the underlying process is not standard Geometric Brownian motion and the assumption of complete markets is not fulfilled. First, empirical data are often characterized by...
Persistent link: https://www.econbiz.de/10010465169
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The impact of labour market deregulation : lessons from the "Kiwi" and "Polder" models
Gorter, Cees; Poot, Jacques - 1999
empirical perspectives on the impact of labourmarket deregulation as a means of combatting unemployment and of enhancing … significant differences between these models. These are highlighted in thepaper. It is found that the effects of deregulation are … hard to separate out from other influenceson the labour market. The success of the deregulation policies is easily …
Persistent link: https://www.econbiz.de/10011300559
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Deregulation in retailing : the Dutch experience
Carree, Martin Anthony; Nijkamp, Joyce - 1999
the current analysis we investigate the effects of the deregulation during that 1993-1995 period using a recently … show a picture of increased speed. The deregulation of the Dutch retail industry seems therefore to have enlarged market …
Persistent link: https://www.econbiz.de/10011302129
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The home carrier advantage in civil aviation
Lijesen, Mark G.; Nijkamp, Peter; Pels, Eric - 2005
This paper analyzes the relative economic power position of home carriers in hub-and-spoke systems. Hub-and-spoke systems may lower costs on densely traveled routes and enable economically viable operations on less densely traveled routes. The reverse side is probably that carriers enjoy...
Persistent link: https://www.econbiz.de/10011343301
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Deregulating sunday shop policies
Dijkgraaf, Elbert; Gradus, Raymond - 2005
Sunday shop opening is deregulated to the municipal level in the Netherlands. Despite positive effects on economic growth and employment, many municipalities restrict Sunday shop opening. Based on 2003 data we show that diverse local characteristics, like the size of municipalities and religious...
Persistent link: https://www.econbiz.de/10011348350