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Effects of credit supply on unemployment and inequality

Bandyopadhyay, Subhayu; Dinopoulos, Elias; Unel, Bulent - 2016

The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We propose a simple model where firms producing varieties face labor-market frictions and credit constraints. In the model, tighter credit leads to lower output, lower number of...

Persistent link: https://www.econbiz.de/10011494040

Tax policy, location choices, and market structure

Pfann, Gerard A.; Kranenburg, Hans L. van - 2002

A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can increase product prices, lower competition, and reduce the availability of new products in small markets. The model's test is based on a unique nationwide fiscal experiment. We...

Persistent link: https://www.econbiz.de/10011411458

Efficiency wages in Cournot-oligopoly

De Pinto, Marco; Goerke, Laszlo - 2019

In a Cournot-oligopoly with free but costly entry and business stealing, output per firm is too low and the number of competitors excessive, assuming labor productivity to depend on the number of employees only or to be constant. However, a firm can raise the productivity of its workforce by...

Persistent link: https://www.econbiz.de/10012015904

The economics of college sports : cartel behavior vs. amateurism

Kahn, Lawrence M. (contributor) - 2006

This paper studies intercollegiate athletics in the context of the theory of cartels. Some point to explicit attempts … evidence of cartel behavior. Others argue that such limits enhance product quality by preserving amateurism. I find that the … contributions, state appropriations, and additional student applications. -- cartel ; monopsony ; college athletics …

Persistent link: https://www.econbiz.de/10003339779

Kingpin approaches to fighting crime and community violence : evidence from Mexico's drug war

Lindo, Jason M.; Padilla-Romo, María - 2015

This study considers the effects of the kingpin strategy, an approach to fighting organized crime in which law-enforcement efforts focus on capturing the leaders of the criminal organization, on community violence in the context of Mexico's drug war. Newly available historical data on...

Persistent link: https://www.econbiz.de/10010528577

Labour market concentration, wages and job security in Europe

Bassanini, Andrea; Bovini, Giulia; Caroli, Eve; … - 2022

We investigate the impact of labour market concentration on two dimensions of job quality, namely wages and job security. We leverage rich administrative linked employer-employee data from Denmark, France, Germany, Italy, Portugal and Spain in the 2010s to provide the first comparable...

Persistent link: https://www.econbiz.de/10013186729

Wages, hires, and labor market concentration

Marinescu, Ioana; Ouss, Ivan; Pape, Louis-Daniel - 2020

.9%, as hypothesized by monopsony theory. Based on a simple merger simulation, we find that a merger between the top two …

Persistent link: https://www.econbiz.de/10012213951

Restaurant prices and the minimum wage

Fougère, Denis; Gautier, Erwan; Le Bihan, Hervé - 2009

We examine the effect of the minimum wage on restaurant prices. We contribute to both the study of economic impact of the minimum wage and to the micro patterns of price stickiness. For that purpose, we use a unique dataset of individual price quotes collected to calculate the Consumer Price...

Persistent link: https://www.econbiz.de/10003825142

Revolutionary effects of new information technologies

Berg, Gerard J. van den (contributor) - 2005

In markets with imperfect information and heterogeneity, the information technology affects the rate at which agents meet, which in turn affects the distribution of production technologies across firms. We show that in models for such markets there are typically multiple equilibria because...

Persistent link: https://www.econbiz.de/10003011507

Common ownership of competing firms: evidence from Australia

Leigh, Andrew; Triggs, Adam - 2021

We provide the first estimates of the extent of common ownership of competing firms in Australia. Combining data on market shares and substantial shareholdings, we calculate the impact of common ownership on effective market concentration. Among firms where we can identify at least one owner, 31...

Persistent link: https://www.econbiz.de/10012513226

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