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Oligopoly, macroeconomic performance, and competition policy
Azar, José; Vives, Xavier - 2018
We develop a macroeconomic framework in which firms are large and have market power with respect to both products and labor. Each firm maximizes a share-weighted average of shareholder utilities, which makes the equilibrium independent of price normalization. In a one-sector economy, if returns...
Persistent link: https://www.econbiz.de/10011891742
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A New Look at Oligopoly : Implicit Collusion Through Portfolio Diversification
Azar, Jose - 2012
In this paper, I develop a model of oligopoly with shareholder voting. Instead of assuming that firms maximize profits … monopolist. In a model of general equilibrium oligopoly with shareholder voting, higher levels of wealth inequality and …/or foreign ownership lead to higher markups and less efficiency. The empirical section of the paper studies the network of common …
Persistent link: https://www.econbiz.de/10013111678
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General equilibrium oligopoly and ownership structure
Vives, Xavier; Azar, José - 2020
Persistent link: https://www.econbiz.de/10012384574
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The relative efficiency of investment management of life insurers and takaful operators
Yakob, Rubayah; Zulkornain Yusop; Radam, Alias; Ismail, … - In: Investment management and financial innovations 12 (2015) 1, pp. 78-89
Persistent link: https://www.econbiz.de/10010515765
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Essays on the economics of uncertainty
Szeidl, Adam - 2004
Persistent link: https://www.econbiz.de/10003387636
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Two essays on financial economics
Mao, Mei Hui Jennifer - 1985 - [Mikrofiche-Ausg.]
Persistent link: https://www.econbiz.de/10000933956
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Three essays on information and incentives
Bierbaum, Jürgen - 2003 - 1. Aufl.
Persistent link: https://www.econbiz.de/10001749188
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Finance, investment and risk
Humphries, Jane (contributor) - 2009
Persistent link: https://www.econbiz.de/10003859388
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Equity market risk, credit risk and real investment risk
Hsu, Jason C. - 2005
Persistent link: https://www.econbiz.de/10003380221
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Risk and return on technology stocks and the aggregate stock market
Khatchatrian, Varoujan - 2004
Persistent link: https://www.econbiz.de/10003384712