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The welfare cost of imperfect competition and distortionary taxation

Jonsson, Magnus - 2004

The welfare cost of imperfect competition in the product and labor market as well as distortionary taxation is … imperfect competition in the product market is 35.74 percent while it is 0.66 percent in the labor market, taking the transition …

Persistent link: https://www.econbiz.de/10011583610

Competition and Customer Acquisition in the U.S. Credit Card Market

Grodzicki, Daniel - 2022

competitive practices. I study competition in this market by analyzing how lenders target and acquire new customers using direct …-mail, their principal acquisition channel. I find competition greatly impacts a lender’s profits. Average annual profit is 31 …%-53% ($73-$185 million) lower compared to a monopoly counterfactual. Competition also considerably reduces additional profits …

Persistent link: https://www.econbiz.de/10013289116

Rising Markups and the Role of Consumer Preferences

Döpper, Hendrik; MacKay, Alexander; Miller, Nathan H.; … - National Bureau of Economic Research - 2024

We characterize the evolution of markups for consumer products in the United States from 2006 to 2019. Using detailed data on prices and quantities for products in more than 100 distinct product categories, we estimate flexible demand systems and recover markups under an assumption that firms...

Persistent link: https://www.econbiz.de/10014635702

Growing with the market : how changing conditions during market growth affect formation and evolution of interfirm ties

Ozcan, Pinar - In: Strategic management journal 39 (2018) 2, pp. 295-328

Persistent link: https://www.econbiz.de/10011973551

Product market deregulation and the US employment miracle

Ebell, Monique; Häfke, Christian - 2008

theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual … competition ; barriers to entry ; wage bargaining …

Persistent link: https://www.econbiz.de/10009735347