Credit card transactions cost American merchants six times as much as cash transactions. Why, then, do consumers pay the same price for purchases, regardless of the means of payment?The answer lies in a set of credit card network rules known as merchant restraints. Merchant restraints forbid...

This paper estimates wage losses arising due to changes in the structure of demand for occupations. The data on occupational changes made for the sake of adjustment to the changes in the demand structure come from the German reunification of 1990. Endogenous occupational changes are instrumented...

This thesis consists of three independent essays, unified by the common theme of the distributional impacts of government.The first paper estimates the price elasticity of demand for pharmaceuticals amongst high-income older people in Australia. It exploits a natural experiment by which some...

This dissertation contains a series of studies examining the effect of a firm's competitive strategy and operational effectiveness on its ability to gain advantage in its business-level competitive environment and in its corporate-level strategic actions, specifically its acquisition activity....