case for possible application to the electricity market and discusses the implications of the results. In the literature … and demand response in the power market and their relationships. It enhances demand response in the electricity market …The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated …

The effects of competition on growth are analyzed in the recent literature by comparing economies with the same market … most productive sectors. However, since markups are equal across sectors, changes in market power do not affect the … relative price of consumption goods, implying that the induced changes in market power do not have any direct effect on …

This paper extends Hall's (1988) methodology to analyse imperfections in both the product and the labour market for … labour market leads to an underestimation in the price -cost margin evaluated at perfect competition in the labour market …

involuntary unemployment. Both workers and firms lobby the central planner of the economy which affects firms' and unions' market …

-house R&D by skilled labor. The planner of the union accepts new members to the union, regulates the labor market through a …. It is shown that in the political equilibrium small unions regulate the labor market but do not support firms, while … large unions deregulate the labor market and support firms. …

social norms. We describe a model, incorporating institutional features of the German labour market, which explicitly allows … for social custom effects in the determination of union membership. Using panel data for Germany, we find evidence for …

tracking. We calibrate the model for Germany and study how relative demand shifts toward more general skills and changes in the …

regional unemployment discourages women from entering the labor market. Those who are willing to work find it easier to do so …