This paper studies five mergers in the European wireless telecommunication industry and analyzes their impact on prices and capital expenditures of both merging carriers and their rivals. We find substantial heterogeneity in the relationship between increases in concentration and carriers'...

We investigate whether later educational tracking reduced the intergenerational persistence of socioeconomic disparities in mortality in Finland,where the tracking age was raised from 11 to 16 in the 1970s. We use a difference-in-differences approach that exploits the gradual rollout of the...

This paper analyzes the role of Uruguay's sharp minimum wage increases after 2004 amidst the country's slight wage inequality decrease. We found that the minimum wage increase has contributed to the reduction of wage inequality for formal workers mainly. However, we also found a negative impact...

Increasing the legal age at which individuals can buy tobacco has become an increasingly common policy tool aimed at reducing youth smoking. There remains, however, some debate on whether such policies are an efficient use of resources. Evidence thus far has either (i) relied on local or...

Different segments of a population affected by the same policy intervention may have different responses. We study the role of equilibrium effects on explaining these differences. Our case study is the government's extension of guarantees during the Great Recession to certain debt issuers. We...

The aim of this paper is to evaluate the family-friendly law (Act 39/99) approved in Spain in 1999, which grants parents the right to reduce work time schedule for childcare issues. We find an increase of work time reduction by around 18 %. Second, we find that employers restrict indefinite...