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were analyzed: (1) utility rebates to be paid back through surcharges, (2) a demand reduction program offered in …
Persistent link: https://www.econbiz.de/10009435977
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...
Persistent link: https://www.econbiz.de/10009466414
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...
Persistent link: https://www.econbiz.de/10009467137
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...
Persistent link: https://www.econbiz.de/10009484210
customers who sign up for the bank's online banking serviceuse it substantially. We use exogenous variation in delays in …
Persistent link: https://www.econbiz.de/10009435131
rate, if any. The state health industry was compared to the banking industry as a benchmark, on the basis that the banking … beliefs of senior state health executives. The second study was based upon a survey of state health and banking managers. The …
Persistent link: https://www.econbiz.de/10009438232
reclaim a sense of purpose lost in banking. These observations hold whether survivors find employment in incumbent firms …
Persistent link: https://www.econbiz.de/10009438634
banking industry. Employing a game-theoretic analysis, the first paper explains the economic reasoning behind the trend in …. The second paper studies pricing decisions for online banking given the existence of network externalities. Most … literature has examined the effect of network externalities on pricing decisions for durable goods. In the case of online banking …
Persistent link: https://www.econbiz.de/10009438801
This first chapter develops an economic model of the firm linking current financial and non-financial measures to future earnings for retail banks. The data support the associations among current financial and non-financial measures predicted by model, suggesting that the economic model is...
Persistent link: https://www.econbiz.de/10009439100
I investigate: (i) Agency problems between debt and equity holders, and their impact on capital structure and investment policy; (ii) Agency problems between firm managers and capital providers.The first chapter, "Investment and Financing under Reverse Asset Substitution", shows that banks place...
Persistent link: https://www.econbiz.de/10009439248