Housing prices in many countries have increased significantly over the past years, fueling a fear that speculative price bubbles will return. However, it can be difficult for policymakers to recognize when regulatory interventions in the market are .
Abstract: In this paper, we analyze bidding groups that participate in procurement auctions. Our main question is to ask, whether in the absence of the joint bid, there could have been two or more independent bids and if yes, these bids yield a ...
Joanna and Christoph will do a joint IOBB to exchange ideas on a possible project on incumbency advantage and mergers in procurement auctions. In the first part of the seminar, they will discuss possible theoreotical explanations and consequences of ...
Second generation rent control seeks to prevent negative quantity effects by exempting newly built units. The artificially lowered rent in the controlled segment makes renting attractive for households that would otherwise not have rented in the ...
The outcome of any important macroeconomic policy change is the net effect of forces operating on different parts of the economy. A central challenge facing policymakers is how to assess the relative strength of those forces. Economists have a range
This paper studies market segmentation that arises from the introduction of a price ceiling in the market for rental housing. When part of the market faces rent control, theory predicts an increase of free-market rents, a consequence of misallocation
The present report presents new historical data based on country comparisons and research results regarding rent control and its long-term effect on the home ownership rate in 27 countries. Policy measures of rent control, protection against eviction
In the closing policy roundtable about Consumer and Competition Policy in Times of Rising Corporate Power, panelists Amelia Fletcher (University of East Anglia and Centre for Competition Policy), Marit Hansen (State of Schleswig-Holstein), Stefan ...
In the first afternoon session, Matthew Gentzkow (Stanford University) and Helen Margetts (University of Oxford) presented their research on the political consequences of corporate power in digital markets.
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