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Monographien

Common Ownership Patterns in the European Banking Sector –The Impact of the Financial Crisis

Leuven: KU Leuven, [2021], 25 S.
(MSI Discussion Papers ; 2109)
| Albert Banal-Estañol, Nuria Boot, Jo Seldeslachts
Berlin IO Day

The 13th Berlin IO Day (postponed to September 2022)

The Berlin IO Day is a one-day workshop sponsored by the Berlin Centre for Consumer Policies (BCCP) and supported by the Berlin's leading academic institutions, including DIW Berlin, ESMT Berlin, Humboldt-Universität zu Berlin, and Technische Universität Berlin. The aim is to create an international forum for high quality research in Industrial Organization in the heart of Berlin, one of...

23.09.2022| Rosa Ferrer, Holger Herz, Thomas Otter, Bertel Schjerning, Yossi Spiegel
Berlin Applied Micro Seminar (BAMS)

Private Monopoly and Restricted Entry - Evidence from the Notary Profession

20.06.2022| Biliana Yontcheva (Düsseldorf Institute for Competition Econ)
Brown Bag Seminar Industrial Economics

Sponsored Search: How Platforms Exacerbate Product Market Concentration

How does online advertising affect consumer behaviour, product pricing and competition? To analyse this, I develop a theory of digital markets where an intermediary provides a platform for firms to advertise their product and where consumers need to engage in costly search if they want to learn about the product characteristics. First, I show that when prices are observable...

17.06.2022| Akhil Ilango, Universitat Pompeu Fabra Barcelona
Brown Bag Seminar Industrial Economics

GDPR and the Lost Generation of Innovative Apps

Using data on 4.1 million apps at the Google Play Store from 2016 to 2019, we document that GDPR induced the exit of about a third of available apps; and in the quarters following implementation, entry of new apps fell by half. We estimate a structural model of demand and entry in the app market. Comparing long-run equilibria with and without GDPR, we find that GDPR reduces consumer surplus and...

18.05.2022| Reinhold Kesler, University of Zurich
Diskussionspapiere 2003 / 2022

Stranded Assets in the Coal Export Industry? The Case of the Australian Galilee Basin

Steam coal exporters face increasing uncertainty about future coal demand and risks of asset stranding. Nevertheless, new export-oriented coal mine projects are still brought forward. In this study, we use the coal sector model COALMOD-World to assess the economic prospects of investments in the export-oriented steam coal sector, and in particular of coal mines in the Galilee Basin, Australia. We parameterize ...

2022| Christian Hauenstein, Franziska Holz, Lennart Rathje, Thomas Mitterecker
Monographien

Decarbonisation of the Energy System

Our analysis highlights that the current national energy and climate plans (NECPs) of EU countries are insufficient to achieve a cost-efficient pathway to EU-wide climate neutrality by 2050.

Brussels: Bruegel, 2022, 14 S.
(Policy Contribution / Bruegel ; 01/22)
| Georg Zachmann, Franziska Holz, Claudia Kemfert, Ben McWilliams, Frank Meissner, Alexander Roth, Robin Sogalla
Externe referierte Aufsätze

The Pricing Structure of Legal Services: Do Lawyers Offer What Clients Want?

We analyze clients’ contract choices in auctions where Dutch law firms compete for standard cases such as labor disputes for individuals and collecting debts for businesses. In the auctions, lawyers can submit bids with any fee arrangement they prefer, including an hourly rate, a fixed fee, and a ‘mixed fee’: a time-capped fixed fee plus an hourly rate for any additional hours should the case take ...

In: Review of Industrial Organization (2022), im Ersch. [online first: 2022-04-27] | Flóra Felsö, Sander Onderstal, Jo Seldeslachts
Externe referierte Aufsätze

Testing the Superstar Firm Hypothesis

Firms with superior productivity, labeled superstar firms, are argued to be the link between rising concentration and the fall of the aggregate labor share in the US. This analysis confirms that similar evidence is found within the European context: the market share and firm size increase, whereas the labor share decreases with productivity. One of the much discussed mechanisms behind this development ...

In: Journal of Applied Economics 25 (2022), 1, S. 583-603 | Caroline Stiel, Alexander Schiersch
Diskussionspapiere 1995 / 2022

A Behavioral Heterogeneous Agent New Keynesian Model

We propose a behavioral heterogeneous agent New Keynesian model in which monetary policy is amplified through indirect general equilibrium effects, fiscal multipliers can be larger than one and which delivers empirically-realistic intertemporal marginal propensities to consume. Simultaneously, the model resolves the forward guidance puzzle, remains stable at the effective lower bound and determinate ...

2022| Oliver Pfäuti, Fabian Seyrich
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