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 …

We study the effect of entry on the price distribution in the German retail gasoline market. Exploiting more than 700 … entries over five years in an event study design, we find that entry causes a persistent first-order stochastic shift in the … to 12% of stations’ gross margins. Consumers with easy access to information on prices gain the most from entry. The …

effects into components attributable to selection on unobservables, and to changes in the way that displaced workers are … a large increase in post-displacement employment in the temporary work sector after the reforms. Sorting into worse … wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post-displacement …