Showing 121 - 130 of 94,530
Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local banking industrial organization and its economic consequences. We document a novel trade-off: the potential benefits of deregulation are adversely mitigated by entrant banks'...
Persistent link: https://www.econbiz.de/10012900427
Persistent link: https://www.econbiz.de/10012818186
Recent policy discussions have debated whether governments should treat state-owned and private enterprises equally or adopt different policies towards each type of enterprise. Such questions are pertinent for difficult economic climates in which government subsidy towards struggling state-owned...
Persistent link: https://www.econbiz.de/10012866797
This paper examines the optimal privatization policy in vertically related markets in which an upstream public firm competes with a foreign private rival in supplying a produced input to the domestic and foreign downstream firms in the domestic market. It shows that if the upstream public firm's...
Persistent link: https://www.econbiz.de/10013006896
We study optimal non-linear contracts offered by two firms competing for the exclusive services of workers, who are privately informed about their ability and motivation. Firms differ in their organizational form, and motivated workers are keen to be hired by the non-profit firm because they...
Persistent link: https://www.econbiz.de/10012986635
which standards are set (monopoly versus competition). We present some data on how standards are set by Government SSOs and … sanctions, the threshold of agreement required for standards adoption, and standards competition. In Section 3, we provide data … on standards competition in the economy. This includes a case study of internet telephony where competing SSOs have …
Persistent link: https://www.econbiz.de/10012709185
Persistent link: https://www.econbiz.de/10012516807
Persistent link: https://www.econbiz.de/10012587429
Arguments in favor of school choice depend on the idea that competition between schools improves the quality of … education. However, we have almost no empirical evidence on whether competition actually affects school quality. In this study …, I examine the effects of inter-school competition on public schools by using exogenous variation in the availability and …
Persistent link: https://www.econbiz.de/10013216861
This paper asks whether funding for public schools affects parents' decision to send their children to private schools. In the wake of the Great Recession, funding for public K-12 education fell precipitously in the United States and stayed low for several years. Critically, states with greater...
Persistent link: https://www.econbiz.de/10013250340