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derived from imperfect competition in markets for financial services is implied, which banks exercise vis-à-vis their loan and … deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … industry, competition and regulation are deeply interrelated as most regulatory institutions, even if they do not explicitly …
Persistent link: https://www.econbiz.de/10009765356
Drawing on panel data on daily fuel prices covering over 5,000 filling stations in Germany, this paper documents a change in the stations' price setting behavior following the introduction of a legally mandated online price portal in 2013. Prior to the portal, positive asymmetry is found on the...
Persistent link: https://www.econbiz.de/10012062096
To increase competition in the retail market for gasoline, Germany's Federal Cartel Office established the so … margins of gas stations. We find that the MTU fostered a more intense competition, with a reduction in price margins of 1 …Mit dem Ziel den Wettbewerb auf dem Benzinmarkt zu erhöhen, wurde die so genannte Markttransparenzstelle für …
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Using a large panel data set of German manufacturing establishments, this paper investigates the impact of competition … relationship between product market competition and firms' incentives to invest in employees' general skills (Gersbach and … Schmutzler 2006). In our empirical analysis, product market competition is approximated by various measures of competition such …
Persistent link: https://www.econbiz.de/10003725752
This paper investigates how competition and firm size affect the relationship between market uncertainty and R …
Persistent link: https://www.econbiz.de/10003650940
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