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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/10008914355
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
of investment taxes and progressive income taxation. On the other hand, if unions are strong, we find that the best … option for the government is to use investment subsidies in combination with either progressive or proportional taxation, the …
Persistent link: https://www.econbiz.de/10010307514
of investment taxes and progressive income taxation. On the other hand, if unions are strong, we find that the best … option for the government is to use investment subsidies in combination with either progressive or proportional taxation, the …
Persistent link: https://www.econbiz.de/10013319788
of investment taxes and progressive income taxation. On the other hand, if unions are strong, we find that the best … option for the government is to use investment subsidies in combination with either progressive or proportional taxation, the …
Persistent link: https://www.econbiz.de/10009370660
overall welfare enhancing compared to market outcomes under coordinated policy making. …
Persistent link: https://www.econbiz.de/10010306974
In a model of spatial competition, we analyse the equilibrium outcomes in markets where the product price is exogenous. Using an extended version of the Hotelling model, we assume that firms choose their locations and the quality of the product they supply. We derive the optimal price set by a...
Persistent link: https://www.econbiz.de/10010306985
We find that trade unions have a rational incentive to oppose the adaption of labour-saving technology when labour demand is inelastic and unions care much for employment relative to wages. Trade liberalisation typically increases trade union technology opposition. These conclusions are reached...
Persistent link: https://www.econbiz.de/10010307045
We examine how a downstream merger affects input prices and, in turn, the profitability of such a merger under Cournot competition with differentiated products. Input suppliers can be interpreted as ordinary upstream firms, or trade unions organising workers. If the input suppliers are...
Persistent link: https://www.econbiz.de/10010307511
merger by either reducing or increasing both price and quality. Welfare implications are not clear-cut and mergers might … improve welfare through endogenous fixed-cost savings. …
Persistent link: https://www.econbiz.de/10011307075