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partially anticipated risks associated with uninsured deposit reliance, but did not price in unrealized losses due to interest …
Persistent link: https://www.econbiz.de/10014540982
from Austria's largest online site for price comparisons with retail data on wholesale prices provided by a major hardware … instrumenting is particularly important for estimating the effect of competition on the markup of the price leader. …
Persistent link: https://www.econbiz.de/10010294886
largest Austrian online market for price comparisons with retail data on wholesale prices provided by a major hardware … competition on the markup of the price leader. One more firm in the market is associated with a reduction of the price leader … existence of price dynamics over the product cycle. They also highlight the substitutability between newly innovated and old …
Persistent link: https://www.econbiz.de/10010368278
of pricing scheme under various market structures assuming consumers share their surplus. We show that the profitability …
Persistent link: https://www.econbiz.de/10013208736
. Entry costs faced by potential entrants, fixed costs faced by incumbent producers, and the toughness of short-run price …
Persistent link: https://www.econbiz.de/10010397677
Using a unique sample of comparable online and in-person loan transactions, we study the determinants of arm's-length and inside lending focusing on the differential information content across debt types. We find that soft private information primarily underlies relationship lending whereas hard...
Persistent link: https://www.econbiz.de/10010292106
Two-sided market theory predicts that platforms may subsidize the participation of one type of agent by extracting surplus from another type to internalize indirect network externalities. However, few empirical studies exist to evaluate the impact of government intervention in these markets. We...
Persistent link: https://www.econbiz.de/10010292179
We study the ability of banks and merchants to influence the consumer's payment instrument choice. Consumers participate in payment card networks to insure themselves against three types of shocks
Persistent link: https://www.econbiz.de/10010292203
Governments often attempt to increase the confidence of financial market participants by making implicit or explicit guarantees of uncertain credibility. Confidence in these guarantees presumably alters the size of the financial sector, but observing the long-run consequences of failed...
Persistent link: https://www.econbiz.de/10010352182
allows banks to price discriminate and charge firm-specific markups in excess of default premia. In turn, the cross …
Persistent link: https://www.econbiz.de/10013479467