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, firms are price-makers and wage-setters. Our setting combines monopolistic and monopsonistic competition, thus encapsulating …
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Welfare and Competition tool (WELCOM), to estimate with minimum data requirements the direct distributional effects of market … telecommunications and corn products. The results show that increasing competition from four to 12 firms in the mobile telecommunications …
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East and West Germany. As expected, there are substantial differences with respect to all three of these measures … or redistributive preferences. Nonetheless, individuals from East Germany tend to be more supportive of state …
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comparison income effect. In East Germany the reference income effects are insignificant for all. With data from the British …
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