Showing 1 - 10 of 10,569
This paper develops an approach to measuring the intensity of competition in international markets. The method measures the degree of 'outside' competition faced by exporters located in one source country from firms located outside the source country. We use the elasticity of price and quantity...
Persistent link: https://www.econbiz.de/10012473651
was due to financial and product market frictions, interacting with statutory reserve regulation that allowed life …
Persistent link: https://www.econbiz.de/10012460342
Retailers are increasingly selling goods and services via subscriptions instead of spot markets. In this paper, we study one benefit to the retailer of selling subscriptions: the possibility that - presumably because of inattention or inertia - consumers continue to pay for subscriptions after...
Persistent link: https://www.econbiz.de/10014337781
We run a field experiment and a survey experiment to study an active choice nudge. Our nudge is designed to reduce the anchoring of credit card payments to the minimum payment. In our field experiment, the nudge reduces enrollment in Autopaying the minimum from 36.9% to 9.6%. However, the nudge...
Persistent link: https://www.econbiz.de/10014447247
This paper utilizes a unique new dataset of credit card accounts to analyze how people respond to changes in credit supply. The data consist of a panel of thousands of individual credit card accounts from several different card issuers, with associated credit bureau data. We estimate both...
Persistent link: https://www.econbiz.de/10012470410
merchants' banks, not their collective market power. In a non-extreme case, the profit-maximizing interchange fee also maximizes …
Persistent link: https://www.econbiz.de/10012470468
estimating heterogeneous MPBs and MPLs in the U.S. credit card market. Using panel data on 8.5 million credit cards and 743 …
Persistent link: https://www.econbiz.de/10012457102
This report describes an easily computable model of the relation between cigarette prices and cigarette consumption in the United States. The model is used to predict the revenue impacts of Federal excise tax hikes ranging from $0.45 to $1.76 per pack
Persistent link: https://www.econbiz.de/10012474117
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
We consider nonparametric identification in models of differentiated products markets, using only market level … models widely used in applied work. We allow for product/market-specific unobservables, endogenous product characteristics (e …
Persistent link: https://www.econbiz.de/10012463009