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Asset purchase programmes (APPs) may insulate banks from having to terminate relationships with unproductive customers. Using administrative plant and bank data, we test whether APPs impinge on industry dynamics in terms of plant entry and exit. Plants in Germany connected to banks with access...
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Asset purchase programmes (APPs) may insulate banks from having to terminate relationships with unproductive customers. Using administrative plant and bank data, we test whether APPs impinge on industry dynamics in terms of plant entry and exit. Plants in Germany connected to banks with access...
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Using data on 4.1 million apps at the Google Play Store from 2016 to 2019, we document that GDPR induced the exit of … structural model of demand and entry in the app market. Comparing long-run equilibria with and without GDPR, we find that GDPR … reduces consumer surplus and aggregate app usage by about a third. Whatever the privacy benefits of GDPR, they come at …
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