Showing 1 - 10 of 177
The authors examine the role of differentiation strategies for entry behavior in markets for local telecommunication services in the late 1990s. Whereas the prior literature has used models of interaction among homogenous firms, this research is motivated by the claim of entrants that they...
Persistent link: https://www.econbiz.de/10012468937
location of service-sector establishments to measure commuting and non-commuting trips within the Greater Tokyo metropolitan …
Persistent link: https://www.econbiz.de/10012482712
trading restrictions in the interbank foreign exchange (FX) market for Japanese banks during the Tokyo lunch period. Ito …, Lyons, and Melvin (1998) (ILM) argue that this deregulation resulted in a highly significant shift in the volatility pattern … of the Tokyo lunch period. Moreover, we document that the standard variance-ratio methodology inference in this high …
Persistent link: https://www.econbiz.de/10012472145
this view. The evidence comes from the introduction of trading in Tokyo over the lunch-hour. Lunch return variance doubles … private value is transitory. Finally, the morning exhibits a clear U-shape when Tokyo closes over lunch, and it disappears …
Persistent link: https://www.econbiz.de/10012472888
In analyzing the dynamics of Tokyo housing price, we have compiled annual micro data sets from individual listings in a … regressions give estimates of price and rent increases in the last 11 years in Tokyo. According to these estimates, prices …
Persistent link: https://www.econbiz.de/10012474571
/settlement price for the day. Major fixings occur at 9:55 am Tokyo time for transactions between Japanese banks and their customers … provision at the fixing time is larger than other times, which makes the price impact of any trade smaller. At the Tokyo fixing … liquidity at the Tokyo fixing as well, such financial institutions had announced prices to be more favorable for banks up until …
Persistent link: https://www.econbiz.de/10012457150
Emeryville, CA's Fair Workweek Ordinance (FWO) aimed to reduce service workers' schedule unpredictability by requiring large retail and food service employers to provide advanced notice of schedules and to compensate workers for last-minute schedule changes. From a 1-in-6 sample of Emeryville...
Persistent link: https://www.econbiz.de/10012938761
Matched product data is collected from the leading online grocers in the U.S. The same exact products are identified in scanner data. The paper documents pricing strategies within and across online (and offline) retailers. First, online retailers exhibit substantially less uniform pricing than...
Persistent link: https://www.econbiz.de/10012510518
Employee referral programs (ERPs) are randomly introduced in a grocery chain. Larger referral bonuses increase referrals and decrease referral quality, though the increase in referrals from having an ERP is modest. However, the overall effect of having an ERP is substantial, reducing attrition...
Persistent link: https://www.econbiz.de/10012479870
The roll-out of Wal-Mart store openings followed a pattern that radiated from the center out with Wal-Mart maintaining high store density and a contiguous store network all along the way. This paper estimates the benefits of such a strategy to Wal-Mart, focusing on the savings in distribution...
Persistent link: https://www.econbiz.de/10012464864