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consider the Nash equilibrium of the service providers and examine their behavioron investment and output level. We calibrate … welfare. These analyses allow us to explain the motivation forthe ISPs' behavior, such as over-subscription and under-investment …
Persistent link: https://www.econbiz.de/10009432833
ESMA provides further details on trade reporting in updated EMIR Q&AThe European Securities and Markets Authority (ESMA) has issued today updated Question & Answers (Q&As) on the implementation of the European Markets Infrastructure Regulation (EMIR). These updated Q&As clarify, among others,...
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Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply …
Persistent link: https://www.econbiz.de/10009432547
We study how carbon dioxide (CO2) emission cuts affect income for 23 OECD countries over the 1980-2004 period. The importance of this question is manifested in the disagreements at the 2009 United Nations Climate Change Conference in Copenhagen and the 2010 State of the Union Address by United...
Persistent link: https://www.econbiz.de/10009444308
The issue of production function estimation has received recent attention, particularly in agricultural economics with the advent of precision farming. Yet, the evidence to date is far from unanimous on theproper form of the production function. This paper reexamines the use ofthe primal...
Persistent link: https://www.econbiz.de/10009444809
Despite the relevance in terms of policy, we still know little in Spain about where and by whom jobs are created, and how that is affecting the size distribution of firms. The main innovation of this paper is to use a rich database that overcomes the problems encountered by other firm-level...
Persistent link: https://www.econbiz.de/10012529544
This paper explores the dynamics of price-cost mark-ups using firm-level data, paying particular attention to the crisis period 2008-2011. To this end, we apply the econometric framework developed by Klette (1999) to a comprehensive sample of Spanish non-financial corporations in order to...
Persistent link: https://www.econbiz.de/10012530366