This paper offers a new identification strategy for disentangling structural state dependence from unobserved heterogeneity in preferences. Our strategy exploits market environments where there is a choice-consumption mismatch. We first demonstrate the effectiveness of our identification...

This empirical study evaluates the relative importance of articles in Industrial Organization published in major generalist or specialized scientific journals, using the new 1991 J.E.L. classification system. Contributions are regrouped according to the type of article: theoretical analysis,...

Banks supply payment services that underpin the smooth operation of the economy. To ensure an efficient payment system, it is important to maintain competition among payment service providers but data available to gauge the degree of competition are quite limited. We propose and implement a...

This empirical study evaluates the relative importance of articles in industrial organization published in major generalist or specialized scientific journals, either english or french, using the new 1991 J.E.L. classification system. Contributions are examined within two recent periods, 1991-94...

This empirical study evaluates the relative importance of articles in Industrial Organization published in major generalist or specialized scientific joumals, using the new 1991 J.E.L. classification system. Contributions are regrouped according to the type of article: theoretical analysis...

This empirical study evaluates the relative importance of articles in industrial organization published in major general or specialized scientific journals, either english or french, using the new 1991 J.E.L. classification system. Contributions are examined within two recent periods, 1991-93...

This empirical study evaluates the relative importance of articles in Industrial Organization published in major generalist or specialized scientific journals, using the new 1991 J.E.L. classification system. Contributions are regrouped according to the type of article: theoretical analysis,...

The paper investigates the 2008-2009 economic crisis, especially on its international macroeconomic effects in terms of political instability and worldwide economic decline. The sovereigndebts and the still growing financial imbalances of households and firms, press on the future of the European...

We assess the competitiveness of the $400 billion dollar U.S. bank consumer loan market by comparing results from different competition measures-HHI, Lerner Index, H-Statistic along with three others, two of which are related to frontier analysis. These measures are typically weakly related to...

Considering the deep transformations that the banking sector has been experiencing in recent years at a competitive level, this research focuses on identifying the determinants of competitiveness and the variables affecting the same, regarding the level of resources, capabilities and...