Skip to content!

Topic Markets

0 filter(s) selected
Go to page
remove add
355 results, from 311
Diskussionspapiere 919 / 2009

Mergers in Imperfectly Segmented Markets

We present a model with firms selling (homogeneous) products in two imperfectly segmented markets (a "high-demand" and a "low-demand" market). Buyers are mobile but restricted by transportation costs, so that imperfect arbitrage occurs when prices differ in both markets. We show that equilibria are distorted away from Cournot outcomes to prevent consumer arbitrage. Furthermore, a merger can lead to ...

2009| Pio Baake, Christian Wey
Weekly Report 21 / 2009

Quality Standards for Fruits and Vegetables: Help or Hindrance for Rural Development?

Horticulture has developed into one of the most dynamic agricultural sectors in the world. The cultivation of fruits and vegetables has significant potential for increasing agricultural income and reducing rural poverty, particularly in developing and emerging countries. However, it appears that the growing consolidation in the retail sector has shifted power relations along the value-added chain away ...

2009| Vanessa von Schlippenbach, Isabel Teichmann
Diskussionspapiere 778 / 2008

Mortgage Market Maturity and Homeownership Inequality among Young Households: A Five-Country Perspective

This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and inequality in the four countries correspond ...

2008| Alena Bicakova, Eva Sierminska
Diskussionspapiere 809 / 2008

Green, Brown, and Now White Certificates: Are Three One Too Many? A Micromodel of Market Interaction

Our paper deals with modeling the effects of introducing a market-based tool for improving end-users' efficiency in an energy market which is already regulated through a cap-and-trade system for green house gas emissions and a quota system meant to improve competitiveness of energy produced using renewable resources. Our results show that the regulation of energy demand achieves its underlying objects ...

2008| Georg Meran, Nadine Wittmann
Diskussionspapiere 823 / 2008

Perspectives of the European Natural Gas Markets until 2025

We apply the EMF 23 study design to simulate the effects of the reference case and the scenarios to European natural gas supplies to 2025. We use GASMOD, a strategic severallayer model of European gas supply, consisting of upstream natural gas producers, traders in each consuming European country (or region), and final demand. Our model results suggest rather modest changes in the overall supply situation ...

2008| Franziska Holz, Christian von Hirschhausen, Claudia Kemfert
Weitere Aufsätze

Market Integration and the Competitive Effects of Mergers

In: Ulrich Blum, Christian Wey, Klaus F. Zimmermann (Eds.) , Globalization and Competition
Berlin : Duncker & Humblot
S. 27-48
Applied Economics Quarterly Supplement : Beihefte der Konjunkturpolitik ; 59
| Pio Baake, Christian Wey

The Cross-Section of Output and Inflation in a Dynamic Stochastic General Equilibrium Model with Sticky Prices

Cambridge: University of Cambridge, 2008, 20 S.
(Cambridge Working Papers in Economics ; 0853)
| Jörg Döpke, Michael Funke, Sean Holly, Sebastian Weber
Diskussionspapiere 758 / 2007

What Drives Housing Prices Down? Evidence from an International Panel

In this study, we suggest an explanation for the alarmingly low growth rates of real housing prices in Canada and Germany in comparison to other OECD countries over 1975-2005. We show that the long-run development of housing markets is determined by real disposable per capita income, real long-term interest rate, population growth, and urbanization. The differential development of real housing prices ...

2007| Konstantin A. Kholodilin, Jan-Oliver Menz, Boriss Siliverstovs
Externe referierte Aufsätze

Buyer Power and Supplier Incentives

This paper analyzes the origins and welfare consequences of buyer power. We show that if suppliers are capacity constrained or have strictly convex costs, there are two different channels through which large buyers can obtain more favorable terms from their suppliers. In particular, we show how the presence of large buyers can then erode the value of suppliers' outside option. Somewhat surprisingly, ...

In: European Economic Review 51 (2007), 3, S. 647-667 | Roman Inderst, Christian Wey
Diskussionspapiere 568 / 2006

New Networks, Competition and Regulation

We consider a model with two firms operating their individual networks. Each firm can choose its price as well as its investment to build up its network. Assuming a skewed distribution of consumers, our model leads to an asymmetric market structure with one firm choosing higher investments. While access regulation imposed on the dominant firm leads to lower prices, positive welfare effects are diminished ...

2006| Pio Baake, Ulrich Kamecke
355 results, from 311