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Add-on pricing, naive consumers, and the hidden welfare costs of education
Kosfeld, Michael; Schüwer, Ulrich - 2011
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10010282162
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Tobacco Sales Prohibition and Teen Smoking
Meier, Armando N.; Odermatt, Reto; Stutzer, Alois - 2019
We evaluate one of the most prevalent prohibitory policies: banning the sales of tobacco to teens. We exploit the staggered introduction of sales bans across Switzerland and the European Union from 1990 to 2016. The estimates indicate a less than 1 percentage point reduction in teen smoking...
Persistent link: https://www.econbiz.de/10012005932
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Out-of-Pocket Prescription Drug Expenditures and Public Prescription Drug Programs
Alan, Sule; Crossley, Thomas F.; Grootendorst, Paul; … - 2003
Canadian household prescription drug expenditures are studied using different years of the Statistics Canada Family Expenditure Survey. Master files are used, expanding the number of available years and permitting provincial rather than regional identifiers. Nonparametric Engel curves are...
Persistent link: https://www.econbiz.de/10010262104
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Child labor and schooling response to changes in coca production in rural Peru
Dammert, Ana C. - 2007
Coca eradication and interdiction are the most common policies aimed at reducing the production and distribution of cocaine in the Andes, but little is known about their impact on households. This paper uses the shift in the production of coca leaves from Peru to Colombia in 1995 to analyze the...
Persistent link: https://www.econbiz.de/10010268140
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High on life? Medical marijuana laws and suicide
Anderson, D. Mark; Rees, Daniel I.; Sabia, Joseph J. - 2012
Using state-level data for the period 1990 through 2007, we estimate the effect of legalizing medical marijuana on suicide rates. Our results suggest that the passage of a medical marijuana law is associated with an almost 5 percent reduction in the total suicide rate, an 11 percent reduction in...
Persistent link: https://www.econbiz.de/10010286865
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The use of violence in illegal markets: Evidence from mahogany trade in the Brazilian Amazon
Chimeli, Ariaster B.; Soares, Rodrigo R. - 2011
, culminating with prohibition, were implemented. First, we present evidence that large scale mahogany trade persisted after … prohibition, through misclassification of mahogany exports as other tropical timber species. Second, we document relative … increases in violence after prohibition in areas with: (i) higher share of mahogany exports before prohibition; (ii) higher …
Persistent link: https://www.econbiz.de/10010280732
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Are Nascent Entrepreneurs Jacks-of-All-Trades? A Test of Lazear's Theory of Entrepreneurship with German Data
Wagner, Joachim - 2003
In a recent paper Edward Lazear proposed the jack-of-all-trades view of entrepreneurship. Based on a coherent model of the choice between self-employment and paid employment he shows that having a background in a large number of different roles increases the probability of becoming an...
Persistent link: https://www.econbiz.de/10010261621
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Norm-Based Trade Union Membership: Evidence for Germany
Goerke, Laszlo; Pannenberg, Markus - 2003
for social custom effects in the determination of union membership. Using panel data for Germany, we find evidence for …
Persistent link: https://www.econbiz.de/10010261655
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Are Young and Small Firms Hothouses for Nascent Entrepreneurs? Evidence from German Micro Data
Wagner, Joachim - 2004
Using a large recent representative sample of the German population this paper contributes to the entrepreneurship literature by empirically testing the hypothesis that young and small firms are hothouses for nascent entrepreneurs. The empirical estimation takes the rare events nature of...
Persistent link: https://www.econbiz.de/10010261762
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The optimal timing of school tracking
Brunello, Giorgio; Giannini, Massimo; Ariga, Kenn - 2004
tracking. We calibrate the model for Germany and study how relative demand shifts toward more general skills and changes in the …
Persistent link: https://www.econbiz.de/10010261767