precisely, we consider the Rhenish-Westphalian Coal Syndicate, a coal cartel that operated in Imperial Germany in the late 19th … event study methodology to asses the reaction of the stock market to the foundation of the cartel and two major revisions of … data in a dynamic panel data framework. Overall, our results suggest that the investigated cartel had no significant effect …

In this paper I survey and reinterpret the extensive literature on Europe's Great Depression. I argue that Europe could …

migrations. Here I focus on the period 1850 to 1940 and chiefly on migration from Europe to the New World. The survey is …

antitrust regulation on the endogenous maximal-sustainable cartel price. This impact depends upon industry characteristics … including its cartel culture. Our analysis disentangles the effects of traditional antitrust regulation and the leniency program …

oil market is strongly influenced by price indices such as WTI (USA) and Brent (Northwest Europe). Adapting an approach …

withhold production. The results shows that compared to a Base Case, a gas cartel would reduce total supplied quantities and … induce price increases in gas importing countries up to 22%. There is evidence that the natural gas markets in Europe and … to 87% higher in Europe and North America, but non-GEC countries increase production by a mere 10%. …

This paper examines cartel overcharges for the European market. Using a sample of 191 overcharge estimates and several … parametric and semi-parametric estimation procedures, the impact of different cartel characteristics and the market environment ….37 percent of the selling price and the average cartel duration is 8.35 years. Certain cartel characteristics and the geographic …