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We study cross-country price differences in the European market for new passenger cars based on detailed pricing and technical data. Car prices in Europe converged until the year 2003, but not thereafter. Within the EU 15 countries the price range of the median model in 2004 was close to 20...
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(Why) do prices and inflation rates differ within the euro area? We study the relevance of a national border for grocery prices in the otherwise homogenous and highly integrated border region of Austria and Germany. Using transaction data on prices and quantities from a large household panel, we...
Persistent link: https://www.econbiz.de/10013552597
deregulation and harmonisation of banking laws at the EU level has brought about on growth over the last 40 years. Our main …
Persistent link: https://www.econbiz.de/10009635911
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The Great Recession has been characterised by the two stylized facts: the buildup of leverage in the household sector in the period preceding the recession and a protracted economic recovery that followed. We attempt to explain these two facts as an information friction, whereby agents are...
Persistent link: https://www.econbiz.de/10011656163
change borders to estimate treatment effects for 23 separate deregulation events. To distinguish real treatment effects from … in five out of the 23 deregulation events examined. Hinterland countiesʺ within the still-regulated states, but farther …-border spillover of deregulation effects may invalidate the empirical design …
Persistent link: https://www.econbiz.de/10003507197
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data. By implication, labor market deregulation has a greater effect on the cyclicality of labor productivity and on the …
Persistent link: https://www.econbiz.de/10012547644
We exploit the exogenous variation in regional credit market contestability brought on by banking deregulation in the … United States to study the narrowing of the gender gap in local labor markets. We .nd that deregulation reduced the gender … the labor force. Deregulation also reduced wage inequality as women became more likely to work in the private sector, to …
Persistent link: https://www.econbiz.de/10011673615