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We experimentally test two seminal hypotheses on the impact of competition on firms' management upgrading. In a first … experiment, we protect firms from labor market competition by reducing the risk that a freshly trained manager would be poached … suite of experiments, we boost perceived product market competition by informing firms either that rival firms have received …
Persistent link: https://www.econbiz.de/10015421836
Persistent link: https://www.econbiz.de/10015438251
A common approach to markets with adverse selection is to regulate competition to minimize inefficiencies, while …--as an alternative market design. Relative to regulated competition, auctions affect product variety, quality, markups, and …
Persistent link: https://www.econbiz.de/10015450896
Does an intensification of competition among banks increase or decrease liquidity creation? By integrating the dynamic … process of interstate bank deregulation that lowered barriers to competition across U.S. states over the 1980s and 1990s with … facing each individual bank. We find that regulatory-induced competition reduced liquidity creation. Consistent with some …
Persistent link: https://www.econbiz.de/10012456480
I review a subset of the empirical tools available for competition analysis. The tools discussed are those needed for …
Persistent link: https://www.econbiz.de/10012456588
only locally around equilibrium outcomes. Policy is needed because competition deters the socially optimal degree of …
Persistent link: https://www.econbiz.de/10012456667
Using an incentivized measure of test for competition, this paper investigates whether this taste explains subsequent …" individuals earn 9% more than their less competitive counterparts do. Moreover, gender differences in taste for competition …-paying industries nine years later, which suggests that the relation between taste for competition and earnings persists in the long run …
Persistent link: https://www.econbiz.de/10012456975
level of competition in a market. Using Medicare claims, we find that while providers in more competitive markets had higher …
Persistent link: https://www.econbiz.de/10012457015
We develop a political-economy model of economic union and compare the competion regime to the coordination regime. Key policy differences emerge between the two regimes: concerning the generosity of the welfare state and the skill composition of migration. We argue that the differences between...
Persistent link: https://www.econbiz.de/10012457063
The street sex worker market in Geylang, Singapore is highly competitive. Clients can search legally at negligible cost. Sex workers discriminate based on client ethnicity despite an excess supply of sex workers. Workers are more (less) likely to approach and ask a higher (lower) price of...
Persistent link: https://www.econbiz.de/10012457755