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In this paper, we assess the impact of competition and regulation on prices of mobile services in France. We estimate …-adjusted prices to a set of competition and regulation variables and find that the launch of 4G networks by mobile operators was the … introduced to pre-empt the entry of low cost competitor declined at the time of entry. Moreover, we find that regulation, which …
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the "competition effect", by which desired price markups and inflation decrease when entry rises. We find that a 1 percent …
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This study provides evidence that investors' demographic similarity to CEOs facilitates informed trading after accounting for selective distribution of information. Mutual fund managers overweight firms whose CEOs resemble them in terms of age, ethnicity, and gender. Significantly higher trade...
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