We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in cases where exit costs in relation to (outlet-specific) fixed costs are high. Our empirical analysis of the Austrian retail gasoline market confirms that increases in...

In the aftermath of the Russian invasion in Ukraine and rising gas prices, the "gas Price brake" was implemented in Germany. We employ a difference-in-differences Approach and analyze data on offered gas contracts from two countries with comparable gas markets, where one country (Germany) has...

This study estimates that the introduction of a carbon tax in the British power sector in 2013 and its two subsequent elevations in 2014 and 2015 led to a substantial decline in emissions by 26% (or 36.3 MtCO 2 ) in only three years. Identification of the causal effect relies on discontinuities...

The product of a long-standing collaboration and recent collective research effort by members of the CGEUI network, The European Corporation makes an important contribution to the ongoing debate over convergence to the Anglo-Saxon model of corporate governance and persistence in corporate...