Showing 1 - 10 of 83
This paper studies the location decisions of Swedish start-up independent schools. It makes use of the great expansion of independent schools following a reform implemented in 1992 to test what local market characteristics are correlated with independent school entry. The results suggest that...
Persistent link: https://www.econbiz.de/10012145469
increases the prices of the properties sold in the entry cities by, on average, 4.4% or 60,425 SEK (approximately 6,400 USD …
Persistent link: https://www.econbiz.de/10012145512
This paper explores the dynamics of press freedom around events that threaten or oust the incumbent regime of a country. While democracies on average grant the press more freedom, our theoretical starting point is that democracies and autocracies may have similar incentives to protect the power...
Persistent link: https://www.econbiz.de/10011917101
We show theoretically that the poor can benefit from price changes induced by higher income inequality. As the number of poor in a society increases, or when the income difference between rich and poor increases, the market for products aimed towards the poor grows and such products become more...
Persistent link: https://www.econbiz.de/10010320214
This paper investigates the impact of financial liberalization on the relationship between consumption and total wealth … where financial liberalization, by signalling a future reduction in the incomplete markets component of consumption growth …, increases the current consumption-wealth ratio. From the model, an aggregate long-run relationship is derived between …
Persistent link: https://www.econbiz.de/10012615407
consumption responds to changes in stock market returns. We exploit households' portfolio weights in previous years as an … distribution. We also find that households' consumption is significantly more responsive to dividend payouts across all parts of … their consumption with respect to capital gains and dividends income as if they were separate sources of income. …
Persistent link: https://www.econbiz.de/10011917074
immediate shock of approximately -15% to house prices close to one of Stockholm's airports after its operations were …
Persistent link: https://www.econbiz.de/10012145487
Capacity constraints on transmissions of electricity are raising an increasing policy concern as electricity markets are integrated around the world. But our understanding of the workings of such markets is still limited. The purpose of this paper is to highlight the impact of transmission...
Persistent link: https://www.econbiz.de/10011442459
Electricity markets are becoming more integrated around the world. However, the knowledge of the effects of different auction formats on suppliers' strategies in the presence of transmission constraints and transmission costs is still very limited. In this paper, I analyze the performance of...
Persistent link: https://www.econbiz.de/10011442483
We use a dynamic oligopoly model of entry and exit with store-type differentiation to evaluate how entry regulations affect profitability, market structure and welfare. Based on unique data for all retail food stores in Sweden, we estimate demand, recover variable profits, and estimate entry...
Persistent link: https://www.econbiz.de/10011442488