Showing 1 - 10 of 24
We present a pragmatic approach to calculating the total economic loss induced by a cartel, focusing on the European trucks cartel (1997-2011). Overall, we estimate a net welfare loss of approximately €0.7 bn. and an overcharge below 1% (€1.8 bn.). The cartel overcharge is surprisingly low....
Persistent link: https://www.econbiz.de/10012030955
Persistent link: https://www.econbiz.de/10011712819
Das DIW Berlin rechnet für 2010 und 2011 mit einem Wachstum des realen Bruttoinlandsprodukts von 1,7 und 1,8 Prozent. Damit setzt die deutsche Wirtschaft ihren moderaten Erholungskurs der vergangenen Quartale fort. Zwar hat die Produktion im Winter überraschenderweise nur stagniert, dies ist...
Persistent link: https://www.econbiz.de/10011602154
In this paper, we compare the distribution of price changes between collusive and noncollusive periods for ten major cartels. The first moments focus on previous research. We extend the discussion to the third (skewness) and fourth (kurtosis) moments. However, none of the above descriptive...
Persistent link: https://www.econbiz.de/10010274410
In this paper, we compare the distribution of price changes between collusive and non-collusive periods for ten major cartels. The first moments focus on previous research. We extend the discussion to the third (skewness) and fourth (kurtosis) moments. However, none of the above descriptive...
Persistent link: https://www.econbiz.de/10010274417
In this paper, we develop a market screening model to detect inconstancies in price changes. Although there is a long history of industrial organization research of collusion, price setting behavior, and conduct - a robust model to detect structural changes in market structure was missing so...
Persistent link: https://www.econbiz.de/10010292671
Derzeit erfolgt die Finanzierung des öffentlich-rechtlichen Rundfunks in Deutschland über von der Gebühreneinzugszentrale (GEZ) eingezogene Zwangsbeiträge, die sich am Besitz eines Empfangsgerätes orientieren. Am 19. Oktober 2006 wurde von den Ministerpräsidenten der Bundesländer die...
Persistent link: https://www.econbiz.de/10010303397
Der deutsche Stahlmarkt unterlag in der Vergangenheit heftigen Funktionsstörungen. Lassen sich diese Störungen mit Hilfe des Koordinationsmängel-Diagnosekonzepts erklären? Wie entwickeln sich das Stahlangebot und die Stahlnachfrage und wie reagiert der Stahlpreis auf Ungleichgewichte? Ist...
Persistent link: https://www.econbiz.de/10010303493
In this short paper, cartel behaviour is analysed with respect to the market shares of cartel members. There is some evidence in previous theoretical and empirical research that market shares under collusion are more stable than in phases of competition. It is shown that this can be an artifact...
Persistent link: https://www.econbiz.de/10010327987
Downward nominal wage rigidity (DNWR) could prevent real wage adjustments in times of low inflation rates. Nominal wage rigidity based on annual wages can at least be reduced, if the number of working hours is considered. This leads to a lower degree of DNWR in hourly wage changes. In this...
Persistent link: https://www.econbiz.de/10010307131