Showing 1 - 10 of 316
different structural changes between countries to separate the respective effects. Our results show that the effect of entry … lead to misleading conclusions. We find no robust evidence that entry has a price-decreasing effect on markets with … originally 2 operators. However, the entry of a 4th operator does have a price-decreasing effect, but with different dynamics …
Persistent link: https://www.econbiz.de/10011317118
different structural changes between countries to separate the respective effects. Our results show that the effect of entry … lead to misleading conclusions. We find no robust evidence that entry has a price-decreasing effect on markets with … originally 2 operators. However, the entry of a 4th operator does have a price-decreasing effect, but with different dynamics …
Persistent link: https://www.econbiz.de/10010208984
This paper discusses a wide range of indicators of the degree of integration of the euro area banking system. It is concerned with volume data, a less developed field of research compared with studies on prices/rates. We first set out a methodological framework, a mixture of elementary and more...
Persistent link: https://www.econbiz.de/10009636523
We study the impact of barriers to entry on workplace training. Our theoretical model indicates that there are two …
Persistent link: https://www.econbiz.de/10003937794
This paper analyzes the welfare implications of creating a Single Euro Payments Area. We study the effects of increased network compatibility and payment scale economies on consumer and merchant card fees and its impact on card usage. In particular, we model competition among debit cards and...
Persistent link: https://www.econbiz.de/10003969543
In this paper, we provide a political economy account of the European Union's failed attempt to reform its anti-dumping legislation between 2006 and 2008. We review the role played by different interest groups, and the way public authorities at both European Commission and member state level...
Persistent link: https://www.econbiz.de/10003974566
This paper explores the ability of European refineries to pass-through costs associated with the introduction of the EU Emissions Trading Scheme (EU ETS). We estimated a sequence of vector error correction models (VECM) within a multi-national setting which covers 14 EU member states. Using...
Persistent link: https://www.econbiz.de/10008701354
(EMU) entry, as well as R&D intensity and industry concentration on job creation and job destruction in the Greek … potential impact of EU accession and EMU entry. In addition, the effects of variables, such as R&D, size, age, exports, new …
Persistent link: https://www.econbiz.de/10009009826
During the recent financial crisis, euro area firms, and especially Small and Medium-sized Enterprises, have been reporting acute problems of access to external finance. Using firm-level replies to the SME survey on access to finance, we use two indicators of financing constraints based on...
Persistent link: https://www.econbiz.de/10009380414
In this paper, we analyze whether the domiciliation decision of mutual funds has an impact on fund fees. To explain the fee price-setting of mutual funds, we consider characteristics specific to funds, fund companies, and countries. We find that fees vary considerably across fund types and...
Persistent link: https://www.econbiz.de/10009510386