Leibniz ScienceCampusBerlin Centre for Consumer Policies (BCCP) Research Day At this BCCP Research Day (formerly known as BCCP Forum), Fellows will give short pitches of their current research. Since we also want to have enough time for discussions and networking, we plan long coffee breaks between the presentation sessions as well as get-together afterwards. The event will bring together all...
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, Freie Universität 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...
This paper studies how bargaining power is affected by merger and divestiture policies. I provide a new empirical framework to compute bounds on brand-level bargaining weights using widely available sales data. Next, I exploit the variation in brand ownership caused by a large merger, cleared conditional on divestiture, in the U.S. deodorant market, to quantify the extent to which divestitures...
2023 Annual Meeting of the Committee for Industrial Economics of the Verein für Socialpolitik
We decompose earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks, we formulate a life-cycle model of consumption and labor supply. For estimation, we use data on married American men from the Panel Study of Income Dynamics. Permanent wage shocks explain ...
Understanding the causes of the slowdown in aggregate productivity growth is key to maintaining the competitiveness of advanced economies and ensuring long-term economic prosperity. This paper provides evidence that investment in intangible capital, despite having a positive effect on productivity at the micro level, is a driver of the weak productivity performance at the aggregate level as it amplifies ...