theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual wage … bargaining. Product market competition affects unemployment by two channels: the output expansion effect and a countervailing … effect due to a hiring externality. Competition is then linked to barriers to entry. We calibrate the model to US data and …

, quality competition came more in the form of costs that vary with hotel size, and less in the form of costs that are fixed …

. Theory offers competing hypotheses about how competition ought to influence firm entry and access to bank credit by mature …This paper tests how competition in local U.S. banking markets affects the market structure of non-financial sectors …

autarkies" to a nationally integrated market. I demonstrate that the results of increased competition were" what industrial …

trends, markup trends, and the effects of mergers does not actually show a widespread decline in competition. Nor does it … observed changes in many industries are likely to reflect competition in action. We highlight research that points to targeted … interventions that can enable antitrust enforcement policy to better promote and protect competition. Throughout the paper, we …

Privatization has been shown to increase growth and profitability of public firms. However, effects on consumers are … we interpret as a decline in access to care. Hospital privatization therefore partially offsets the benefits of providing …