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Bankruptcy and pricing behavior in U.S. airline markets

Article Abstract:

Airline operators seeking Chapter 11 bankruptcy protection have been observed to adapt pricing behavior that weakens both their competitors and themselves. Studies showed that airlines actually cut prices by 5%-6% before filing for protection, but end with such limits as they prepare to enter Chapter 11 status. Such product and price market behavior is considered a normal business reaction for a company operating with financial problems.

Author: Borenstein, Severin, Rose, Nancy L.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1995
Economic aspects, Airlines, Economic policy, Bankruptcy, Bankruptcy reorganizations, Bankruptcy reorganization

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Taxes, high-income executives, and the perils of revenue estimation in the new economy

Article Abstract:

The division between wage and capital income for high-earning executives has become less clear cut between 1991 and 1998, using US data.

Author: Goolsbee, Austan
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2000
Income Distribution, Research, Rich, Rich people

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Has the 'million-dollar cap' affected executive pay?

Article Abstract:

US tax policy and its effect on executive pay levels in the US are examined in detail.

Author: Rose, Nancy L., Wolfram, Catherine
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2000
Employee Wages & Salaries, Taxation, Wages, Wages and salaries

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Subjects list: United States, Compensation and benefits, Executives, Executive compensation
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