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Coordinating the timing and location of new production facilities is one of the challenges of liberalized power sectors. It is complicated by the presence of transmission bottlenecks, oligopolistic competition, and the unknown prospects of low-carbon technologies. The authors build a model...
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Short-term auctions for access to entry terminals of the British gas-network appear to successfully allocate scarce …
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We aim to clarify the role of access charges under two-way network competition, employing a reduced-form approach. Retaining the key features of specific network competition models but imposing less structure, we analyze the impact of changes in access charges on linear and non-linear retail...
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This paper studies tax evasion in the form of under-reported wages in Ecuador using microdata from a combination of electronic billing and personal income tax returns filed in 2017. Bringing together this novel combination of data, the study applies the standard method Pissarides and Weber...
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) frictions in the labor market: frictional firm entry, endogenous product variety, and investment in two assets: stocks and …
Persistent link: https://www.econbiz.de/10012316009
Hundreds of millions of microenterprises in emerging economies face increased competition from the entry and expansion …
Persistent link: https://www.econbiz.de/10014536676
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