Results 241 to 250 of about 82,877 (337)

Estimating the gains from trade in frictional local labor markets

open access: yesThe Scandinavian Journal of Economics, EarlyView.
Abstract We develop a theory and an empirical strategy to estimate the welfare gains from trade in economies with frictional local labor markets. Our welfare formula nests standard market structures and adds an adjustment margin via the employment rate.
Germán Pupato, Ben Sand, Jeanne Tschopp
wiley   +1 more source

Sticky Wages - Evidence from Quarterly Microeconomic Data [PDF]

open access: green, 2008
Heckel Thomas   +2 more
openalex   +1 more source

Long‐term effects of economic depressions on wealth

open access: yesThe Scandinavian Journal of Economics, EarlyView.
Abstract This paper examines the long‐term effects of economic depressions – defined as multi‐year peak‐to‐trough GDP declines of at least 10 percent – experienced until young adulthood on the wealth distribution and portfolio allocation of older individuals in Europe.
Viola Angelini, Irene Ferrari
wiley   +1 more source

Price Discrimination, Two‐Part Tariff, and Hold‐Up

open access: yesThe Manchester School, Volume 93, Issue 6, Page 558-568, December 2025.
ABSTRACT This study examines the impact of price discrimination on the investment decisions of downstream firms in an intermediate good market. The setting consists of two downstream firms with different marginal costs—one lower than the other—and a monopolistic supplier.
Daehong Min, Doojin Ryu
wiley   +1 more source

Liquidity and Price Informativeness of Options: Evidence From Extended Trading Hours

open access: yesJournal of Futures Markets, Volume 45, Issue 11, Page 2013-2033, November 2025.
ABSTRACT This paper explores the trading dynamics of the options market during extended trading hours (ETHs). During ETH, the options market is characterized by low liquidity and decreased trading activities, yet there is an increased likelihood of informed trading. The introduction of ETH improves overall market liquidity on the following trading day,
Liangyi Mu, Arie E. Gozluklu
wiley   +1 more source

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