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The unemployment impact of product and labour market regulation : evidence from European countries

Piton, Céline; Rycx, François - 2018

This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and a large set of covariates, results show that product market...

Persistent link: https://www.econbiz.de/10011871988

Privatisation in developing countries : what are the lessons of recent experience?

Estrin, Saul; Pelletier, Adeline - 2016

This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...

Persistent link: https://www.econbiz.de/10011571943

The impact of regulation on innovation

Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

Persistent link: https://www.econbiz.de/10012431121

When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation

Cicala, Steve - 2014

following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated …

Persistent link: https://www.econbiz.de/10013054040

The U.S. Electricity Industry after 20 Years of Restructuring

Borenstein, Severin - 2015

electricity prices to allow the utility to recover its prudently incurred costs, a process known as cost-of-service regulation …

Persistent link: https://www.econbiz.de/10013023689

Doctors without borders : the returns to an occupational license for Soviet immigrant physicians in Israel

Kugler, Adriana D.; Sauer, Robert M. - 2002

Re-licensing requirements for professionals that move across borders are widespread. In this paper, we measure the returns to an occupational license using novel data on Soviet trained physicians that immigrated to Israel. An immigrant re-training assignment rule used by the Israel Ministry of...

Persistent link: https://www.econbiz.de/10011414878

Employment protection reforms, employment and the incidence of temporary jobs in Europe: 1995 - 2001

Kahn, Lawrence M. (contributor) - 2007

Using European Community Household Panel data for nine countries for 1996-2001, I investigate the impact of reforms of employment protection systems on employment and on temporary jobs for wage and salary workers. Individual fixed effects models are estimated, with the inclusion of...

Persistent link: https://www.econbiz.de/10003652681

The Value of Transmission in Electricity Markets : Evidence from a Nuclear Power Plant Closure

Davis, Lucas W. - 2014

Reliable estimates of the value of electricity transmission are critical if these heavily-regulated investments are to be made cost-effectively. In this paper, we exploit the abrupt closure of the San Onofre Nuclear Generating Station (SONGS) in February 2012. During the previous decade, SONGS...

Persistent link: https://www.econbiz.de/10013053145

Inferring Carbon Abatement Costs in Electricity Markets : A Revealed Preference Approach Using the Shale Revolution

Cullen, Joseph - 2014

This paper examines how much carbon emissions from the electricity industry would decrease in response to a carbon price. We show how both carbon prices and cheap natural gas reduce, in a nearly identical manner, the historic cost advantage of coal-fired power plants. The shale revolution has...

Persistent link: https://www.econbiz.de/10013039630

Impacts of the Clean Air Act on the power sector from 1938-1994: anticipation and adaptation

Clay, Karen; Jha, Akshaya; Lewis, Joshua; Severnini, … - 2021

The passage of landmark government regulation is often the culmination of evolving social pressure and incremental … policy change. During this process, firms may preemptively adjust behavior in anticipation of impending regulation, making it … 1970 Clean Air Act (CAA) on the power sector. This unique long panel provides us an extended pre-regulation benchmark …

Persistent link: https://www.econbiz.de/10012582425

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