universal banks under-price loans to win underwriting business. Instead, we find that universal banks charge premiums for loans …

provide the first comprehensive evaluation of this policy by studying Canada where seven provinces banned menthol cigarettes …

our dataset to show that degree of competition, stickiness of prices, synchronization of price changes, reputation of …We document basic facts about prices in online markets in the U.S. and Canada, a rapidly growing segment of the retail … rate. Multiple margins of adjustment (frequency of price changes, direction of price changes, size of price changes, exit …

- the latter frequently approaching 100%. Whereas in 1994, the generic price index fell from 100 to 80 in the 12 months … following initial generic entry and by 24 months to 65, in 2009 the comparable generic price indexes are 68 and 27, respectively … Medicare Part D, the average price per prescription declined by 21.3% from 2006 to 2009, rather than increasing by 25-28% as …

price and quantity information to estimate the quality of products exported to the U.S. Higher quality is assigned to … products with higher market shares conditional on price. The estimated qualities reveal substantial heterogeneity in product … impact of low-wage competition on U.S. manufacturing employment and output. Markets characterized by relatively shorter …

(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find … a high proportions of quality-competition goods for the major EU countries and lower proportions for Canada, Australia … and China. However, the overlap of these quality-competition goods is not large, which suggests that characteristics of …

. Further, along both sides of a state border, a change in one state's sales tax can shed light on the nature of competition, as … subsequent reinstatement, of the 5% gasoline sales tax in Illinois and Indiana following a temporary price spike in the spring of …

We show that modifying the standard neoclassical growth model by assuming that competition is imperfect makes it easier … to explain the size of the declines in output and real wages that follow increases in the price of oil. Plausibly …

We study industries where the price that a firm sets serves as an investment into lower cost or higher demand. We … assess the welfare implications of the ensuing competition for the market using analytical and numerical approaches to … compare the equilibria of a learning-by-doing model to the first-best planner solution. We show that dynamic competition leads …

prices to retail pharmacies, plausibly because uncertain quality leads to competition on brand rather than price. Tendered …