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This paper explores whether the establishment of data markets based on individual data portability can result in better societal outcomes. The results suggest that markets where individuals can sell data generated through their online engagement to third parties, could result in pareto improving...
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A markup term is introduced to represent imperfect competition in Gylfason and Lindbeck's model of the interaction of monetary policy and wages. The simultaneous persistence of unemployment and inflation remains and these problems are aggravated with imperfect competition. However, the markup...
Persistent link: https://www.econbiz.de/10005824091
I exploit cross-province and time-series variation in Canadian mandatory seat belt legislation to empirically test the offset hypothesis. The results of this study offer modest evidence of the existence of offsetting behavior by drivers. Specifically, increased use of seat belts by drivers after...
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Since gasoline has a relatively inelastic demand, raising government revenue via gasoline taxes could appear appropriate as it entails a relatively small deadweight loss. However, gasoline retail is generally a highly concentrated market, hence the assumption of perfect competition when...
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In May 2007, the U.S. Congress enacted legislation, which increased the Federal minimum hourly wage from $5.15 to $7.25, over a two year time period. This increase to the minimum wage was the first in nearly a decade and was approved with the objective of alleviating poverty among low-income...
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Objectives Recent studies suggest an ambiguous relationship between obesity and cigarette taxes. We employ Canadian data to evaluate the effects of cigarette taxes on smoking and obesity.Methods We use a simple reduced form approach and exploit the significant cross-province differences that...
Persistent link: https://www.econbiz.de/10008871733