Showing 1 - 10 of 64
This paper develops an empirical model of entry to analyze the effect of previous regulation on European airlines? post …
Persistent link: https://www.econbiz.de/10010928653
policy shocks such as deregulation. More generally, we demonstrate that product switching gives rise to a richer set of …
Persistent link: https://www.econbiz.de/10010745843
(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 …
Persistent link: https://www.econbiz.de/10011071299
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 …
Persistent link: https://www.econbiz.de/10011071470
Do wealth shocks affect the health of the elderly in developed countries? The economic literature is skeptical about such effects which have so far only been found for poor retirees in poor countries. In this paper I show that wealth shocks also matter for the health of wealthy retirees in the...
Persistent link: https://www.econbiz.de/10011126390
Really Responsive Regulation seeks to add to current theories of enforcement by stressing the case for regulators to be …
Persistent link: https://www.econbiz.de/10010744983
Principles-based regulation is high on the regulatory agenda in a number of regulatory domains, most particularly … financial regulation. Its supporters argue that it provides a flexible regulatory regime which can facilitate innovation; its … detractors argue that it is simply lax regulation. This article explores the political rhetoric surrounding principles …
Persistent link: https://www.econbiz.de/10010745006
Generic competition in the pharmaceutical market is an effective cost-containment mechanism that improves static efficiency and stimulates pharmaceutical innovation. There is no prior study that has empirically analysed the relative delays in adoption of generic competition. This paper aims to...
Persistent link: https://www.econbiz.de/10010745148
We introduce the papers in this volume and put them into the context of the literature on land use regulation. We then … synthesise and draw some conclusions from existing research on land use regulation and interpret the evidence currently available … use regulation is, compared to regulation in other contexts, significantly neglected. We hope that this special issue …
Persistent link: https://www.econbiz.de/10010745368
I study the role of company start-up costs for employment performance. The model is search equilibrium with a new concept for firms. Agents have an innate managerial ability and make a career choice to become either managers or workers. Manage rs set up firms, post jobs and match with workers. I...
Persistent link: https://www.econbiz.de/10010745527