Showing 1 - 10 of 542
We study the cross-sectional dispersion of prices paid by EMU importers for French products. We document a significant level of price dispersion both within product categories across exporters, and within exporters across buyers. This latter source of price discrepancies, sellers' price...
Persistent link: https://www.econbiz.de/10012863255
This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...
Persistent link: https://www.econbiz.de/10012838354
an improved current account). France%u2019s decision to suspend the free coinage of silver in 1876 played a paramount … that France%u2019s decision to end bimetallism was exogenous from the viewpoint of countries on the silver standard. To …
Persistent link: https://www.econbiz.de/10012761340
of two large firms: the South Sea Company in Great Britain and the Mississippi Company in France. In this paper we …
Persistent link: https://www.econbiz.de/10013039339
, France, and the U.K., during the period of 1859–1913. The identification is based on the following historical facts: First … exported to Germany, France, and the U.K. by the Empire. Using the export-bundle-weighted regional rainfall as an instrument …
Persistent link: https://www.econbiz.de/10013231603
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United … extent also to France and Japan, a relative decline that was interrupted by the second world war (WW2); (iii) the remarkable … catching-up to the United States by France and Japan after WW2, that stopped in the case of Japan during the 1990s. Capital …
Persistent link: https://www.econbiz.de/10013149831
We propose an equilibrium occupational choice model, where agents can choose to work in the real sector (become entrepreneurs) or to become informed dealers in financial markets. Agents incur costs to become informed dealers and develop skills for valuing assets up for trade. The financial...
Persistent link: https://www.econbiz.de/10013129218
We empirically analyze the welfare effects of cross-firm bundling in the pharmaceutical industry. Physicians often treat patients with "cocktail" regimens that combine two or more drugs. Firms cannot price discriminate because each drug is produced by a different firm and a physician creates the...
Persistent link: https://www.econbiz.de/10013138761
I study the positive relationship between prices of tradable goods and per-capita income. I develop a highly tractable general equilibrium model of international trade with heterogeneous firms and non-homothetic consumer preferences that positively links prices of tradables to consumer income....
Persistent link: https://www.econbiz.de/10013139751
When will a monopolist have incentives to foreclose a complementary market by degrading compatibility/interoperability of his products with those of rivals? We develop a framework where leveraging extracts more rents from the monopoly market by "restoring" second degree price discrimination. In...
Persistent link: https://www.econbiz.de/10013122878