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作者:Felbermayr, Gabriel; Prat, Julien
作者单位:Leibniz Association; Ifo Institut; University of Munich; Barcelona School of Economics; Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Institut d'Analisi Economica (IAE)
摘要:This paper analyzes the effect of product market regulation (PMR) on unemployment in a search model with heterogeneous multiple-worker firms. In our setup, PMR modifies the distribution of firm productivities, thereby affecting the equilibrium rate of unemployment. We distinguish between PMR related to entry costs and PMR that generates recurrent fixed costs. We find that: (i) higher entry costs raise the rate of unemployment mainly through our novel selection effect, (ii) higher fixed costs d...
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作者:Genakos, Christos; Valletti, Tommaso
作者单位:Athens University of Economics & Business; Imperial College London; University of Rome Tor Vergata
摘要:This paper examines the impact of regulatory intervention to cut termination rates of calls from fixed lines to mobile phones. Under quite general conditions of competition, theory suggests that lower termination charges will result in higher prices for mobile subscribers, a phenomenon known as the waterbed effect. The waterbed effect has long been hypothesized as a feature of many two-sided markets and especially the mobile telephony industry. Using a uniquely constructed panel of mobile oper...
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作者:Lechner, Michael; Miquel, Ruth; Wunsch, Conny
作者单位:University of St Gallen
摘要:We estimate the short-, medium-, and long-term effects of different types of government-sponsored training in West Germany using particularly rich data that allows us to control for selectivity by matching methods and to measure interesting outcome variables over eight years after a program's start. We use distance-weighted radius matching together with a bias removal procedure based on weighted regressions in order to increase the precision and robustness of standard matching estimators. We f...
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作者:Brou, Daniel; Ruta, Michele
作者单位:Western University (University of Western Ontario)
摘要:We study the effects of economic and political integration by presenting a model in which firms compete with each other in both an economic marketwhere they produce a good and compete for market shareand in a political (rent seeking) marketwhere they compete for transfers from the government. Growth is driven by firms cost-reducing innovation activity and economic and political integration affect firms incentive to innovate differently. In this setting, economic and political integration can b...
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作者:Janssens, Wendy
作者单位:Vrije Universiteit Amsterdam
摘要:Impact evaluations of development programs usually do not explicitly take into account externalities on non-participants. Based on a unique dataset we estimate the direct as well as the spillover effects of Mahila Samakhya, a women's empowerment program in India, on child immunization. The survey covers both participants and non-participants in program villages, as well as respondents in control villages. We account for participation selection bias using instrumental variables. We propose a di...