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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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The gender education gap in China: the power of water
Maimaiti, Yasheng; Siebert, William Stanley - 2009
We investigate girls' school dropout rates, bringing forward a novel variable: access to water. We hypothesise that a girl's education suffers when her greater water need for female hygiene purposes after menarche is not met because her household has poor access to water. For testing we use data...
Persistent link: https://www.econbiz.de/10010276689
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Regulatory barriers and entry in developing economies
Bennett, John; Estrin, Saul - 2006
We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a licence...
Persistent link: https://www.econbiz.de/10010267763
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The Role of Regulation and Regional Government Quality for High Growth Firms: The Good, the Bad, and the Ugly
Amoroso, Sara; Herrmann, Benedikt; Kritikos, Alexander S. - 2023
High growth firms (HGFs) are important for job creation and considered to be precursors of economic growth. We investigate how product- and labor-market regulations, as well as the quality of regional governments that implement these regulations, affect HGF development across European regions....
Persistent link: https://www.econbiz.de/10014469596
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Add-on Pricing, Naive Consumers, and the Hidden Welfare Costs of Education
Kosfeld, Michael; Schüwer, Ulrich - Institute for the Study of Labor (IZA) - 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/10009359868
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Electricity prices, river temperatures and cooling water scarcity
McDermott, Grant R.; Nilsen, Øivind Anti - 2012
Thermal-based power stations rely on water for cooling purposes. These water sources may be subject to incidents of scarcity, environmental regulations and competing economic concerns. This paper analyses the effect of water scarcity and increased river temperatures on German electricity prices...
Persistent link: https://www.econbiz.de/10010289954
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Privatization and changes in the wage structure: evidence from firm personnel records
Melly, Blaise; Puhani, Patrick A. - 2008
We investigate the wage effects of privatization using person-level firm-based panel datasets from one privatized and … one nonprivatized public sector firm in the same country for the years immediately before and after privatization. Thus …, we can analyze the before-after effects of privatization while controlling for individual and time fixed effects and …
Persistent link: https://www.econbiz.de/10010269136
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Redistributive politics and market efficiency: an experimental study
Großer, Jens; Reuben, Ernesto - 2009
We study the interaction between competitive markets that produce large but unequally distributed welfare gains and elections through which the poor majority can redistribute income away from the rich minority. In our simple laboratory democracy, subjects first earn their income by trading in a...
Persistent link: https://www.econbiz.de/10010269668
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Nonparametric identification and stimation of nonadditive hedonic Models
Heckman, James Joseph; Matzkin, Rosa Liliana; Nesheim, Lars - 2009
This paper studies the identification and estimation of preferences and technologies in equilibrium hedonic models. In it, we identify nonparametric structural relationships with nonadditive heterogeneity. We determine what features of hedonic models can be identified from equilibrium...
Persistent link: https://www.econbiz.de/10010274262
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Wage Discrimination Based on the Country of Birth: Do Tenure and Product Market Competition Matter?
Fays, Valentine; Mahy, Benoît; Rycx, François; … - 2019
Using a merged employer-employee panel dataset of 13,000 firms for the 1999-2010 period, this paper aims to quantify wage discrimination against migrant workers based on their countries of birth, with workers' tenure and firm product market competition as moderator variables. To do so, we...
Persistent link: https://www.econbiz.de/10012141341