Today we compare how three major markets have tackled market structure problems. What stands out is that there is no silver bullet for the perfect market structure. Some aspects of markets are ...

This article investigates the macroeconomic effects of unionization in a Schumpeterian growth model with an endogenous product market structure and a unionized labor market. The endogeneity of the ...

Markets are fundamental to economic systems, serving as physical or virtual spaces where buyers and sellers exchange goods and services. While economists generally celebrate the efficiency of markets, ...

This is a preview. Log in through your library . Abstract The present paper provides first empirical evidence on the relationship between market size and the number of firms in the healthcare industry ...