Telecommunications regulation in the U.S. is replete with a system of subsidies and taxes. Because of budgetary …

' incentives to differentiate their services should shape the policy debate for competitive local telecommunications …

Product and labor market deregulation are fundamentally about reducing and redistributing rents, leading economic … players to adjust in turn to this new distribution. Thus, even if deregulation eventually proves beneficial, it comes with … regulation as determining both the entry costs faced by firms, and the degree of competition between firms. We think of labor …

government designs the rules of the game has an impact on concentration, competition, and prices. Pro-competition regulation …

strives to partly redress this lacuna on the theory side by introducing three novel political economy mechanisms with …

regulation took effect. I find that strategic firms reduced their emissions by approximately 20% relative to other firms and …

business cycle conditions at the time of deregulation significantly affect adjustment. A reduction of firing costs entails …