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1
Spatial Price Discrimination with Heterogeneous Firms
Vogel, Jonathan
-
2009
In this paper we present and solve a three-stage game of entry, location, and pricing in a spatial price discrimination framework with arbitrarily many heterogeneous firms. We provide a unique characterization of all equilibria without imposing restrictions on the distribution of marginal costs
Persistent link: https://www.econbiz.de/10013159526
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2
Distance and Political Boundaries : Estimating Border Effects Under Inequality Constraints
Borraz, Fernando
-
2012
The "border effect" literature finds that political borders have a very large impact on relative prices, implicitly adding several thousands of miles to trade. In this paper we show that the standard empirical specification suffers from selection bias, and propose a new methodology based on...
Persistent link: https://www.econbiz.de/10013105731
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3
Prices, Spatial Competition, and Heterogenous Producers : An Empirical Test
Syverson, Chad
-
2009
In markets where spatial competition is important, many models predict that average prices are lower in denser markets (i.e., those with more producers per unit area). Homogeneous-producer models attribute this effect solely to lower optimal markups. However, when producers instead differ in...
Persistent link: https://www.econbiz.de/10012767333
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4
How Do Voters Respond to Information? Evidence from a Randomized Campaign
Kendall, Chad
-
2013
identify in observational studies. In a large scale randomized trial conducted during an actual mayoral campaign in
Italy
, we …
Persistent link: https://www.econbiz.de/10013082775
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5
Intermediaries in International Trade : Direct Versus Indirect Modes of Export
Bernard, Andrew B.
-
2012
This paper examines the factors that give rise to intermediaries in exporting and explores the implications for trade volumes. Export intermediaries such as wholesalers serve different markets and export different products than manufacturing exporters. In particular, high market-specific fixed...
Persistent link: https://www.econbiz.de/10013113099
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6
International Evidence on Sticky Consumption Growth
Carroll, Christopher D.
-
2008
We estimate the degree of amp;apos;stickinessamp;apos; in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a...
Persistent link: https://www.econbiz.de/10012772369
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7
Monetary Policy and the Redistribution Channel
Auclert, Adrien
-
2017
This paper evaluates the role of redistribution in the transmission mechanism of monetary policy to consumption. Three channels affect aggregate spending when winners and losers have different marginal propensities to consume: an earnings heterogeneity channel from unequal income gains, a Fisher...
Persistent link: https://www.econbiz.de/10012955443
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8
The Wealthy Hand-to-Mouth
Kaplan, Greg
-
2014
accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France,
Italy
, and …
Persistent link: https://www.econbiz.de/10013054868
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9
Work Environment and Individual Background : Explaining Regional Shirking Differentials in a Large Italian Firm
Ichino, Andrea
;
Maggi, Giovanni
-
2021
The prevalence of shirking within a large Italian bank appears to be characterized by significant regional differentials. In particular, absenteeism and misconduct episodes are substantially more prevalent in the south. We consider a number of potential explanations for this fact: different...
Persistent link: https://www.econbiz.de/10013234928
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10
Why Do Companies Go Public? An Empirical Analysis
Pagano, Marco
;
Panetta, Fabio
;
Zingales, Luigi
-
2021
This paper empirically analyzes the determinants of an initial public offering (IPO) and the consequences of this decision on a company's investment and financial policy. We compare both the ex ante and the ex post characteristics of IPOs with those of a large sample of privately held companies...
Persistent link: https://www.econbiz.de/10013244375
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