policy shocks such as deregulation. More generally, we demonstrate that product switching gives rise to a richer set of …

(deregulation) and improving contractual enforcement (legal reform). Deregulation fosters entry, thereby increasing the number of … deregulation, as it preserves incumbents’ rents, while at the same time allowing the less efficient among them to transfer control …

This paper studies the effect of deregulation and increased product market competition on the compensation packages … that firms offer to their executives. We use a panel of US executives in the nineties and exploit the deregulation episodes …

privatization discourse. It illustrates that, when proposed policy reforms get rough and the opposition grows, governments …

these changes are linked to deregulation of product and labor markets. To examine this we focus on a large quasi …-experiment in the OECD: the privatization of many network industries (e.g. telecommunications and utilities). We present a model … labor share, employment and wages respond to privatization and other regulatory changes. We exploit cross-country panel data …

just its scope. Labor also plays a critical role in tempering performance in critical junctures of the privatization cycle … privatization. …

privatization discourse. It illustrates that, when proposed policy reforms get rough and the opposition grows, governments …