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This paper analyzes platforms and rejections in two-sided markets with network externalities, using the specific context of a payment card association. We study the cooperative antitrust determination of the interchange fee by member banks. We use a framework in which banks and merchants may...
Persistent link: https://www.econbiz.de/10010332223
In this paper I show that a lax anti-counterfeiting policy is inconsistent with price stability. I use a deterministic matching model with no commitment and no enforcement. An intrinsically worthless but perfectly durable object called a ‘note’ can be produced by banks at a given cost, but...
Persistent link: https://www.econbiz.de/10011604558
Persistent link: https://www.econbiz.de/10011696870
. Second, the use of cash in crime, here especially in corruption, is also econometrically investigated. The influence is … about organized crime are also shown; the importance of cash is diminishing. Third, some remarks about terrorism are made …This paper has four goals: First, the use of cash as a possible driving factor of the shadow economy is investigated …
Persistent link: https://www.econbiz.de/10011687795
The conference will be staged as a court trial in which cash will be accused with three charges: First, cash is an … use of cash in the Eurosystem and of ideas to develop a digital cash by central banks. …
Persistent link: https://www.econbiz.de/10012522721
It has been long recognized that cash plays a critical role in fueling street crime due to its liquidity and … circulation of cash on the streets associated with EBT implementation had an effect on crime. To address this question, we exploit … transactional anonymity. In poor neighborhoods where street offenses are concentrated, a significant source of circulating cash …
Persistent link: https://www.econbiz.de/10010398285
. Second, the use of cash in crime, here especially in corruption, is also econometrically investigated. The influence is … about organized crime are also shown; the importance of cash is diminishing. Third, some remarks about terrorism are made …This paper has four goals: First, the use of cash as a possible driving factor of the shadow economy is investigated …
Persistent link: https://www.econbiz.de/10011916753
Victimization surveys are necessary to estimate crime rates and fear of crime for the general population of a certain … statistics. Only the combination of both data sources allows to quantify crime rates and fear of crime. Therefore, a periodically … victimization survey of the general German population would be valuable for the evaluation and prevention of crime. The present work …
Persistent link: https://www.econbiz.de/10011620797
assess to what extent lagged teen birth rates can explain why the United States had the highest developed country crime rates … in the 1980s, and why US rates subsequently fell so much. For this purpose, I use internationally comparable crime rates … measured from the 1989-2000 International Crime Victims Surveys. I find that an increase in the share of young people born to a …
Persistent link: https://www.econbiz.de/10010262716
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …
Persistent link: https://www.econbiz.de/10010264089