Source Themes

Mergers and the Demand for Protectionism

When import competition is strong, domestic mergers can strengthen the incentives to seek trade protection. While intense foreign competition may support merger clearance under current practice, existing enforcement does not consider how mergers …

Mergers, Foreign Competition, and Jobs: Evidence from the U.S. Appliance Industry

Policy choices often create trade-offs between workers and consumers. I examine how foreign competition alters the consumer welfare and domestic employment effects of mergers. I construct a model incorporating consumer demand, endogenous product …

Imperfect Price Information, Market Power, and Tax Pass-Through

Pass-through determines how consumers respond to Pigouvian taxes or unconventional fiscal policy. We investigate the impact of imperfect price information on pass-through of commodity taxes. Our theoretical model predicts that the pass-through rate …

When Does Mandatory Price Disclosure Lower Prices? Evidence from the German Fuel Market

The widespread availability of digital technologies has made mandatory price disclosure policies (MPD) a convenient tool for policymakers to increase price transparency and foster competition. The literature has shown that these can increase or …