Utilizing a family survey with data remedies carried out within the aftermath of the SVB’s collapse, we look at the potential for a big financial institution’s failure to set off financial institution runs and the effectiveness of public communication in containing such a danger. We discover that information about SVB’s collapse will increase households’ propensity … [Read more…]
Do Wealth Taxes Considerably Curb Wealth Inequality?
Politicians and governments in the US and elsewhere have lately proposed or applied wealth taxes to complement income and cut back wealth inequality. In a brand new examine, Samira Marti, Isabel Z. Martínez, and Florian Scheuer present how decreases in wealth taxes led to will increase in wealth inequality in Switzerland, although they discover that … [Read more…]
Merged Corporations Provide Much less Product Selection
In new analysis, Enghin Atalay, Alan Sorensen, Christopher Sullivan, and Wanjia Zhu discover that mergers and acquisitions usually result in the merged agency providing much less product selection than when the 2 corporations operated pre-merger. In 2022, mergers and acquisitions (M&A) in the US totaled $2.4 trillion. M&A supply buying corporations the distinctive alternative to … [Read more…]
How US Antitrust Enforcement In opposition to Xerox Promoted Innovation by Japanese Rivals
Xerox invented trendy copier know-how and was so profitable that its model title grew to become a verb. In 1972, U.S. antitrust authorities charged Xerox with monopolization and ultimately ordered the licensing of all its copier-related patents. As new analysis by Robin Mamrak exhibits, this antitrust intervention promoted subsequent innovation within the copier business, however … [Read more…]