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Gautier, Pieter A. - 2016

This paper develops a model in which market structure is determined endogenously by the choice of intermediation mode. We consider two representative business modes of intermediation that are widely used in real-life markets: one is a middleman mode where an intermediary holds inventories which...

Persistent link: https://www.econbiz.de/10012984835

The Effects of Local Market Concentration and International Competition on Firm Productivity : Evidence from Mexico

Rodríguez-Castelán, Carlos - 2020

Although market concentration is one of the main impediments to productivity growth globally, data constraints have limited its analysis to developed countries or cross-country studies based on definitions of market concentration across nations and industries. This paper takes advantage of a...

Persistent link: https://www.econbiz.de/10012836579

Financial Sector Regulation and Reforms in Emerging Markets : An Overview

Prasad, Eswar S. - 2010

This paper provides an overview of the complex conceptual and practical challenges that emerging market economies face as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest for financial stability with the imperatives of financial...

Persistent link: https://www.econbiz.de/10013136951

Competitiveness at the Country-Sector Level : New Measures Based on Global Value Chains

Marczak, Martyna - 2018

We propose the so-called domestic "embodied unit labor costs" (EULC) at the country-sector level as a new cost-related basis for measures of international competitiveness. EULC take into account that a sector's labor costs constitute only a small share of its total cost which to a large extent...

Persistent link: https://www.econbiz.de/10012919512

Job Competition and the Wage Curve

Longhi, Simonetta - 2010

wages; the most widely accepted theoretical explanations interpret the unemployment rate as a measure of job competition …. This paper proposes new ways of measuring job competition, alternative to the unemployment rate, and finds that the … negative relationship still holds when job competition is measured following the job search literature. While for men the wage …

Persistent link: https://www.econbiz.de/10013147373

Measuring Customer Discrimination : Evidence from the Professional Cricket League in India

Sur, Pramod Kumar - 2018

. This paper examines customer discrimination considering a unique dataset from the most popular sports industry in India, i …

Persistent link: https://www.econbiz.de/10012926712

Do Constraints on Women Worsen Child Deprivations? Framework, Measurement, and Evidence from India

Posso, Alberto - 2019

India, including 53,030 mothers and 113,708 children, collected in 2015-16.Outcomes are measured as multidimensional …

Persistent link: https://www.econbiz.de/10012870284

Interpreting Prediction Market Prices as Probabilities

Wolfers, Justin - 2011

While most empirical analysis of prediction markets treats prices of binary options as predictions of the probability of future events, Manski (2004) has recently argued that there is little existing theory supporting this practice. We provide relevant analytic foundations, describing sufficient...

Persistent link: https://www.econbiz.de/10012757059

Labour Demand Research : Towards a Better Match between Better Theory and Better Data

Addison, John T. - 2014

At first blush, most advances in labour demand were achieved by the late 1980s. Since then progress might appear to have stalled. We argue to the contrary that significant progress has been made in understanding labour market frictions and imperfections, and in modelling search behaviour and...

Persistent link: https://www.econbiz.de/10013054918

Playing 'Hard to Get' : An Economic Rationale for Crowding Out of Intrinsically Motivated Behavior

Schnedler, Wendelin - 2014

Anecdotal, empirical, and experimental evidence suggests that offering extrinsic rewards for certain activities can reduce people's willingness to engage in those activities voluntarily. We propose a simple rationale for this 'crowding out' phenomenon, using standard economic arguments. The...

Persistent link: https://www.econbiz.de/10013055222

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