Showing 1 - 10 of 329
This paper investigates the wage and employment perspectives of low-wage labour market entrants, using panel data from the UK, the Netherlands, and Germany. We apply a competing risks hazard model of transitions from low pay to higher pay, to unemployment or to inactivity. Low pay is found to be...
Persistent link: https://www.econbiz.de/10005835443
The aim of this paper is to model the length of registration at university and its associated academic outcome for undergraduate students at the Pontificia Universidad Cat´olica de Chile. Survival time is defined as the time until the end of the enrollment period, which can relate to different...
Persistent link: https://www.econbiz.de/10011108352
Using data from the German Socio-Economic Panel Study (GSOEP), we analyze whether necessity and opportunity entrepreneurs differ in terms of self-employment duration. We find that the two types of entrepreneurs differ regarding their duration in self-employment. Once controlled for educational...
Persistent link: https://www.econbiz.de/10005836518
We use a variant of the Hotelling (1929) model to illustrate that, when a firm faces hard payment constraint(s), financially strong rivals may adopt predatory strategies to drive the firm out of the product market and hence to obtain extra profit from enhanced market power later on. Predation is...
Persistent link: https://www.econbiz.de/10011259676
Abstract In this article we discuss the salient features of the classical and neoclassical theories of competition and …
Persistent link: https://www.econbiz.de/10011260161
This paper analyses the effects of concentration on profitability in the US banking sector from 1994-2005, using bank-level panel data. A new index of concentration is proposed, which reflects the depth and intensity of concentration. The econometric specification facilitates the simultaneous...
Persistent link: https://www.econbiz.de/10005835748
between product market competition and the level of innovative activity in an industry. Recent empirical papers point to an … inverted-U shape relationship between competition and innovation. Our paper offers theoretical support to these results while … show that firms solve this trade-off precisely so as to generate the inverted-U shape relationship. When the competition in …
Persistent link: https://www.econbiz.de/10008548840
Internet search (or perhaps more accurately `web-search') has grown exponentially over the last decade at an even more rapid rate than the Internet itself. Starting from nothing in the 1990s, today search is a multi-billion dollar business. Search engine providers such as Google and Yahoo! have...
Persistent link: https://www.econbiz.de/10005619803
related to the nature of market power. Will NGNs enable new forms of competition? Will competitive bottlenecks remain …
Persistent link: https://www.econbiz.de/10005621924
This paper studies the empirical relation between market competition and innovation using Luxembourg's Structural … on the idea of cost-efficiency. From this, the paper analyses the relation between competition and innovation performance … characterised by low levels of competition intensity, especially in markets relevant to competition policy and regulation. The …
Persistent link: https://www.econbiz.de/10011109214