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Manufacturer carterls and resale price maintenance

Hunold, Matthias; Muthers, Johannes - 2020

We provide a theory of how RPM facilitate upstream cartels absent any information asymmetries using a model with … manufacturers if they collude. We thus provide a novel theory of harm for resale price maintenance when manufacturers collude and … illustrate the fit of this theory in various competition policy cases. …

Persistent link: https://www.econbiz.de/10012201242

How to draw the line : a note on local market definition

Pennerstorfer, Dieter; Yontcheva, Biliana - 2019

This article presents a novel method of market delineation, which generates virtually isolated residential clusters using data on the spatial distribution of population. The performance of this approach is evaluated by contrasting it with traditional delineation techniques based on municipal...

Persistent link: https://www.econbiz.de/10012114619

Market structure and market access

Francois, Joseph F.; Wooton, Ian - 2007

trade and market power in domestic trade and distribution sectors. Theory suggests a set of linkages between service …

Persistent link: https://www.econbiz.de/10009741048

Reducing start-up costs for new firms : the double dividend on the labor market

Dulleck, Uwe; Frijters, Paul; Winter-Ebmer, Rudolf - 2003

Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs...

Persistent link: https://www.econbiz.de/10009749613

The liquidity effect in bank-based and market-based financial systems

Scharler, Johann - 2007

This paper assesses how the financial system influences the strength of the liquidity effect in a calibrated limited participation model of the monetary transmission mechanism. The model suggests that bankbased systems should be characterized by smaller liquidity effects since monetary...

Persistent link: https://www.econbiz.de/10009741060

Government policies and financial crises : mitigation, postponement or prevention?

Kapeller, Jakob; Landesmann, Michael; Mohr, Franz X.; … - 2016

In the aftermath of the Great Recession governments have implemented several policy measures to counteract the collapse of the financial sector and the downswing of the real economy. Within a framework of Minsky-Veblen cycles, where relative consumption concerns, a debt-led growth regime and...

Persistent link: https://www.econbiz.de/10011529797

Decomposing international gender test score differences

Munir, Farzana; Winter-Ebmer, Rudolf - 2018

In this paper, we decompose worldwide PISA mathematics and reading scores. While mathematics scores are still tilted towards boys, girls have a larger advantage in reading over boys. Girls' disadvantage in mathematics is increasing over the distribution of talents. Our decomposition shows that...

Persistent link: https://www.econbiz.de/10011869035

Import prices, income and inequality

Bekkers, Eddy; Francois, Joseph F.; Manchin, Miriam - 2012 - This version: 9th February 2012

willingness to pay theory linked to hierarchic demand. These findings on income inequality do not falsify the quality expansion …

Persistent link: https://www.econbiz.de/10009545812

Does the shadow economy raise observed aggregate efficiency? : a cross-country comparison

Méon, Pierre-Guillaume; Schneider, Friedrich; Weill, … - 2006

We analyze how adding the shadow economy to official output figures affects technical efficiency. We find that this only slightly affects the ranking of efficiency scores, but increases average efficiency. Our results are robust to the functional form of the production technology and the...

Persistent link: https://www.econbiz.de/10009747058

Corruption and the shadow economy : an empirical analysis

Dreher, Axel; Schneider, Friedrich - 2006 - This version: 05 January 2006

This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption and shadow economy are substitutes in high income countries while they are complements in low income countries. The hypotheses are tested for a crosssection of 120 countries and a...

Persistent link: https://www.econbiz.de/10009747661

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