Showing 1 - 10 of 46
across countries, we show that these expenditures explain the relative rise of concentration and market power in the US …
Persistent link: https://www.econbiz.de/10012453020
simultaneously product and labor market imperfections, this paper quantifies industry differences in both types of imperfections … Hall's econometric framework for estimating price-cost margins by nesting three labor market settings (perfect competition … market imperfections. Consistent with differences in institutions and in the industrial relations system in the two countries …
Persistent link: https://www.econbiz.de/10012457252
To investigate how fuel economy is valued in the Indian car market, we compute the cost to Indian consumers of … hedonic price functions for four market segments (petrol hatchbacks, diesel hatchbacks, petrol sedans, and diesel sedans) to … associated present value of fuel savings falls within the 95 percent confidence interval for some specifications, in all market …
Persistent link: https://www.econbiz.de/10012461670
, which is closer to European than the US is in its labor market and fiscal institutions. Europe's (and to some extent Canada … an alternative strategy based on a relaxed stability pact, further strictures against central EU borrowing, labor market …
Persistent link: https://www.econbiz.de/10012471641
This paper examines the macroeconomic aftermath of the 1992 breakdown of the European Exchange Rate Mechanism (ERM). The economic performance of six leaver' nations is compared with five stayer' nations that maintained a roughly fixed parity with the Deutsche Mark. Recent writing about...
Persistent link: https://www.econbiz.de/10012471843
The Internet comprises thousands of independently operated networks, where bilaterally negotiated interconnection agreements determine the flow of data between networks. The European Union's General Data Protection Regulation (GDPR) imposes strict restrictions on processing and sharing of...
Persistent link: https://www.econbiz.de/10012480424
This paper studies the interrelated roles of health and welfare state policies in the decision to take up disability insurance (DI) benefits due to work disability (WD), defined as the (partial) inability to engage in gainful employment due to physical or mental illness. We exploit the large...
Persistent link: https://www.econbiz.de/10012480794
This paper derives a preference for data privacy from consumers' temptation utility. This approach facilitates a welfare analysis of different data privacy regulations, such as the GDPR enacted by the European Union and the CCPA enacted by the state of California, when a fraction of the...
Persistent link: https://www.econbiz.de/10012481201
ICT-intensive industries producing market services and computer hardware. In contrast the EU-10 experienced a 1995 …
Persistent link: https://www.econbiz.de/10012481620
This paper estimates, using data from the United States and Euro Area, a two-country stochastic growth model in which …
Persistent link: https://www.econbiz.de/10012461976