Showing 1 - 10 of 38
takes place and the likelihood that the wrong type of merger, from the viewpoint of social welfare, is undertaken. This …
Persistent link: https://www.econbiz.de/10005823375
welfare implications thereof. We find that an international merger results in lower wages for all firms. A national merger …
Persistent link: https://www.econbiz.de/10005667082
This paper examines whether an expansion in the supply of public preschool crowds out private enrollment, using rich data for municipalities in Brazil from 2000-2006, where federal transfers to local governments change discontinuously with given population thresholds. Results from a...
Persistent link: https://www.econbiz.de/10010721382
We examine if an expansion in the supply of public preschool crowds-out private enrollment using rich data for municipalities in Brazil from 2000-2006, where federal transfers to local governments change discontinuously with given population thresholds. Results from a regression-discontinuity...
Persistent link: https://www.econbiz.de/10010897773
each other), this can nevertheless be overall welfare enhancing compared to market outcomes under coordinated regulation …
Persistent link: https://www.econbiz.de/10012711490
We study the effects of a hospital merger using a spatial competition framework with semialtruistic hospitals that invest in quality and expend cost-containment effort facing regulated prices. We find that the merging hospitals always reduce quality, whereas non-merging hospitals respond by...
Persistent link: https://www.econbiz.de/10010851032
In this paper we study the e¤ect of reference pricing on pharmaceutical prices and expenditures when generic entry is endogenously determined. We develop a Salop-type model where a brand-name producer competes with generic producers in terms of prices. In the market there are two types of...
Persistent link: https://www.econbiz.de/10011261212
We study the e¤ect of competition on quality in markets such as health care, long-term care and education, when providers choose both prices and quality in a setting of spatial competition. We o¤er a novel mechanism whereby competition leads to lower quality. This mechanism relies on two key...
Persistent link: https://www.econbiz.de/10010539869
regulated price is optimally set. However, for suboptimal prices a more lenient bailout policy can be welfare improving. …
Persistent link: https://www.econbiz.de/10010539870
overall welfare enhancing compared to market outcomes under coordinated policy making. …
Persistent link: https://www.econbiz.de/10009367930