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Studies of the joint time-use decisions of spouses have relied on joint estimation of time-use equations, sometimes assuming correlated errors across spouses' equations and sometimes directly examining the effects of one spouse's time use on another's, relying on panel data or instrumental...
Persistent link: https://www.econbiz.de/10010259539
We empirically model performance in the final round of a multiple-round tournament as a spatially autoregressive process, allowing us to sign and quantify the endogenous interactions between competitors. Doing so speaks to significant regularities in the data that suggest that a player's own...
Persistent link: https://www.econbiz.de/10003603597
toughness of competition in cities? The short answers are: no; yes; and it depends. -- trade frictions ; urban frictions ; city …
Persistent link: https://www.econbiz.de/10009697548
. Judaism in Israel illustrates the outcome in a monopoly experiencing potential competition, possibly leading to an oligopoly … structure. -- religion ; religious marketplace ; new paradigm ; monopoly ; competition ; Judaism … ideas. The "Sacred Canopy" paradigm views it necessary for social stability to grant monopoly power to an official state …
Persistent link: https://www.econbiz.de/10009699440
This paper compares various forecasts using panel data with spatial error correlation. The true data generating process is assumed to be a simple error component regression model with spatial remainder disturbances of the autoregressive or moving average type. The best linear unbiased predictor...
Persistent link: https://www.econbiz.de/10003858869
This paper studies how the strength of social ties are affected by the geographical location of other individuals and their social capital. We characterize the equilibrium in terms of both social interactions and social capital. We show that lower travel costs increase not only the interaction...
Persistent link: https://www.econbiz.de/10013264823
Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …
Persistent link: https://www.econbiz.de/10011958679
In this paper, we consider fiscal competition between jurisdictions. Capital taxes are used to finance a public input …
Persistent link: https://www.econbiz.de/10003497954
increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set …
Persistent link: https://www.econbiz.de/10011401020
unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …
Persistent link: https://www.econbiz.de/10010222161