Similar Search Results

Brissimis, Sophocles N.; Delēs, Manthos D. - 2022

The aim of this study is to provide an empirical methodology for the estimation of market power of individual banks …. The new method employs the well-known model of Panzar and Rosse (1987) and proposes its estimation using the local … relaxed, while the method proves successful in providing reasonable estimates of bank-level market power when applied to a …

Persistent link: https://www.econbiz.de/10013404332

Costs of Managerial Attention and Activity as a Source of Sticky Prices : Structural Estimates from an Online Market

Ellison, Sara Fisher - 2017

We study price dynamics for computer components sold on a price-comparison website. Our fine-grained data — a year of hourly price data for scores of rival retailers — allow us to estimate a dynamic model of competition, backing out structural estimates of managerial frictions. The estimated...

Persistent link: https://www.econbiz.de/10012963386

Dispersion over the business cycle : passthrough, productivity, and demand?

Carlsson, Mikael; Clymo, Alex; Joslin, Knut-Eric - 2023

We characterize the dispersion of firm-level productivity and demand shocks over the business cycle using Swedish microdata including prices and analyse the consequences for firms and the aggregate economy. Demand dispersion increases by more than productivity dispersion in recessions....

Persistent link: https://www.econbiz.de/10013488861

Costs of managerial attention and activity as a source of sticky prices : structural estimates from an online market

Ellison, Sara Fisher; Snyder, Christopher M.; Zhang, Hongkai - 2016

estimation; ecommerce, JEL Codes: L11, C73, D21, L81 …

Persistent link: https://www.econbiz.de/10011689127

Costs of managerial attention and activity as a source of sticky prices : structural estimates from an online market

Ellison, Sara Fisher; Snyder, Christopher M.; Zhang, Hongkai - 2016

We study price dynamics for computer components sold on a price-comparison website. Our fine-grained data - a year of hourly price data for scores of rival retailers - allow us to estimate a dynamic model of competition, backing out structural estimates of managerial frictions. The estimated...

Persistent link: https://www.econbiz.de/10011587545

Volatility, Financial Constraints, and Trade

Guariglia, Alessandra - 2007

We construct a dynamic monopolistic competition model with heterogeneous firms to study the links between firms' earnings volatility, the degree of financial constraints that they face, their survival probabilities, and their export market participation decisions. Our model predicts that more...

Persistent link: https://www.econbiz.de/10012728768

Markups as a hedge for input price uncertainty: evidence from Sweden

Agrawal, Sneha; Gaurav, Abhishek; Suveg, Melinda - 2021

In this paper, we study a new channel to explain firms' price setting behavior. We propose that uncertainty about factor prices has a positive effect on markups. We show theoretically that firms with higher shares of inputs with volatile prices set higher markups. We use the Bartik shift-share...

Persistent link: https://www.econbiz.de/10012695355

Dispersion over the business cycle : passthrough, productivity, and demand

Carlsson, Mikael; Clymo, Alex; Joslin, Knut-Eric - 2022

We characterize the dispersion of firm-level productivity and demand shocks using Swedish microdata including prices and utilization and analyse the consequences for firms and the aggregate economy. Demand dispersion increases by more than TFPQ dispersion in recessions. Productivity shocks pass...

Persistent link: https://www.econbiz.de/10013256973

Price transmission : the interaction between market power and returns to scale

McCorriston, Steve; Morgan, C. W.; Rayner, Anthony J. - In: European review of agricultural economics : ERAE 28 (2001) 2, pp. 143-159

Persistent link: https://www.econbiz.de/10001587277

Advertising, market structure and price-cost margins

Kelly, M. P.; Cowling, Keith - 1973

Persistent link: https://www.econbiz.de/10000665638