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This policy report studies the effects of a sudden stop of natural gas imports from Russia on the German economy. The analysis focuses on the supply-side effects that arise when a gas shortage affects production in the gas-intensive manufacturing sectors, with a corresponding production...
Persistent link: https://www.econbiz.de/10013266353
natural gas prices (i.e. law of one price), and the potential convergence or divergence of gas prices across the country …. First, we extract the latent common price component, which describes the evolution of the fundamental natural gas price …. Second, we gauge if U.S. regional natural gas prices follow the law of one price. Our findings confirm the difference between …
Persistent link: https://www.econbiz.de/10012889508
This paper examines the basic stylized facts of hydrocarbon gas liquids (HGL) prices using monthly data for the United States, over the period from 1985:1 to 2018:1. We investigate the cyclical properties of HGL prices, and find that HGL prices are procyclical and mostly lead the cycle of...
Persistent link: https://www.econbiz.de/10012894315
Physicians' practices vary widely, as do their effectiveness and reimbursement. Using a merger of six orthopaedic … groups in southeastern Pennsylvania, we find that such groups can generate large, anti-competitive price increases without … that these price increases were targeted at certain beneficiaries, payors and codes, so any research design that omits care …
Persistent link: https://www.econbiz.de/10012948990
price simulations; demonstrates that approximate price changes are often misleading indicators of exact price changes; and … uses bootstrap techniques to determine confidence intervals and standard errors for simulated price changes, allowing …
Persistent link: https://www.econbiz.de/10014110266
thing. We summarize the research on antitrust-related issues in newspaper markets, including mergers, joint operating … agreements, and vertical price restrictions. We then review recent research on how print media have been affected by the growth …
Persistent link: https://www.econbiz.de/10014025244
While the possibility of algorithmic price discrimination and algorithmic collusion has been extensively discussed in … the global antitrust community in recent years, there has been much more limited discussion in the context of mergers. In … conduct merger simulations and why there are important antitrust issues related to integrating merging parties’ pricing …
Persistent link: https://www.econbiz.de/10013308806
mergers and acquisitions. Utilizing a comprehensive dataset of M&A activity over the last 40 years, we find that 60 percent of … the reallocation term and 38 percent of the overall markup increase is due to merger activities. The merger and … and information industries account for the large portion of the aggregate pattern. We further document that the merger …
Persistent link: https://www.econbiz.de/10014350265
Persistent link: https://www.econbiz.de/10011795473
price pass-through from crude oil spot prices to retail gasoline pump prices. We show that regional differences do exist …
Persistent link: https://www.econbiz.de/10013123016