Browsing Working Papers by Subject "D4"

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Browsing Working Papers by Subject "D4"

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    Title: The Economic Impact of Merger Control Legislation  Author(s): CARLETTI, Elena; HARTMANN, Philipp; ONGENA, Steven Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We construct a unique dataset of legislative reforms in merger control legislation that occurred in nineteen industrial countries in the period 1987-2004, and investigate the economic impact of these changes on stock prices. ...
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    Title: Credit Market Competition and Capital Regulation  Author(s): ALLEN, Franklin; CARLETTI, Elena; MARQUEZ, Robert Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: It is commonly believed that equity finance for banks is more costly than deposits. This suggests that banks should economize on the use of equity and regulatory constraints on capital should be binding. Empirical evidence ...
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    Title: Incomplete Cost Pass-Through Under Deep Habits  Author(s): RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, Martin Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: A number of empirical studies document that marginal cost shocks are not fully passed through to prices at the firm level and that prices are substantially less volatile than costs. We show that in the relative-deep-habits ...