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competition as moderator variables. To do so, we specify a wage-setting equation à la Bartolucci (2014) that includes a direct …
Persistent link: https://www.econbiz.de/10012126863
is sufficiently well informed about consumer and firm behavior. -- bounded rationality ; competition ; regulation …
Persistent link: https://www.econbiz.de/10009516903
context scale economies dominated the effects of choice and competition. This points to an often ignored trade-off between … scale and competition. -- school choice ; competition ; school consolidation ; achievement ; economies of scale …
Persistent link: https://www.econbiz.de/10009232507
This paper presents a novel method for estimating the likely welfare effects of competition reforms for both current … consumers are more likely to reap the benefits of greater competition. This method represents a powerful tool for supporting the … analysis of competition reforms in developing countries, particularly in sectors known for excluding significant segments of …
Persistent link: https://www.econbiz.de/10012418650
has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to … ; competition …
Persistent link: https://www.econbiz.de/10003814341
This paper is the first to estimate the impact of a direct measure of firm-level upstreamness on productivity, wage costs and profits (i.e. productivity-wage gaps). To do so, we merged detailed Belgian linked panel data, covering all years from 2002 to 2010, to a unique data set developed by...
Persistent link: https://www.econbiz.de/10012138890
We study the interaction between competitive markets that produce large but unequally distributed welfare gains and elections through which the poor majority can redistribute income away from the rich minority. In our simple laboratory democracy, subjects first earn their income by trading in a...
Persistent link: https://www.econbiz.de/10003910210
Economists increasingly refer to monopsony power to reconcile the absence of negative employment effects of minimum wages with theory. However, systematic evidence for the monopsony argument is scarce. In this paper, I perform a comprehensive test of this argument by using labor market...
Persistent link: https://www.econbiz.de/10015075858
This paper studies the identification and estimation of preferences and technologies in equilibrium hedonic models. In it, we identify nonparametric structural relationships with nonadditive heterogeneity. We determine what features of hedonic models can be identified from equilibrium...
Persistent link: https://www.econbiz.de/10003879363
We compare two systems of income redistribution: unemployment benefits (UB) and basic income (BI). First, for a simple utility function, with both intensive and extensive margins, the unemployed are likely better off with pure BI than pure UB, regardless of labour supply elasticity and wage...
Persistent link: https://www.econbiz.de/10009153046