Showing 1 - 10 of 893
Prior studies suggest that, with elastically supplied inputs, free entry may lead to an inefficiently high number of … firms in equilibrium. Under input scarcity, however, the welfare loss from free entry is reduced. Further, free entry may … increase use of high-quality inputs, as oligopolistic firms underuse these inputs when entry is constrained. We assess these …
Persistent link: https://www.econbiz.de/10012463435
randomized the entry of retail firms into 72 local markets in the context of a conditional cash transfer program. Six months …
Persistent link: https://www.econbiz.de/10012458610
When should a government provide a service inhouse and when should it contract out provision? We develop a model in which the provider can invest in improving the quality of service or reducing cost. If contracts are incomplete, the private provider has a stronger incentive to engage in both...
Persistent link: https://www.econbiz.de/10012473090
Many government services are provided at the state level such as unemployment insurance, Medicaid, and SNAP. Given the lack of competition, a natural worry is that customer support provided by states for these services is less than adequate. While there are many different measures of how a state...
Persistent link: https://www.econbiz.de/10012599345
quality plays a critical role in determining when free entry could be consistent with the existence of profits and result in …
Persistent link: https://www.econbiz.de/10012471282
In this paper, we untangle the searchable and experiential dimensions of quality responses to entry by counterfeiters …
Persistent link: https://www.econbiz.de/10012459877
Most empirical analyses of human capital have concentrated solely on the quantity of schooling attained by individuals, ignoring quality differences. This focus contrasts sharply with policy considerations that almost exclusively consider school quality issues. This paper presents basic evidence...
Persistent link: https://www.econbiz.de/10012468464
We study the relation between product quality and worker quality using an economic model that, under certain conditions, provides a direct link between product price, product quality and work force quality. Our measures of product quality are the evolution in the detailed product price relative...
Persistent link: https://www.econbiz.de/10012473810
Improving the nutritional content of public school meals is a topic of intense policy interest. A main motivation is the health of school children, and, in particular, the rising childhood obesity rate. Medical and nutrition literature has long argued that a healthy diet can have a second...
Persistent link: https://www.econbiz.de/10012455463
This paper studies the effects of nursing home unionization on numerous labor, establishment, and consumer outcomes using a regression discontinuity design. We find negative effects of unionization on staffing levels and no decline in care quality, suggesting positive labor productivity effects....
Persistent link: https://www.econbiz.de/10012460904