Showing 1 - 10 of 157
The increasing use of demand-side management as a tool to reliably meet electricity demand at peak time has stimulated interest among researchers, consumers and producer organizations, managers, regulators and policymakers, This research reviews the growing literature on models used to study...
Persistent link: https://www.econbiz.de/10009548648
We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a licence...
Persistent link: https://www.econbiz.de/10003328066
In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are able to complement labor market reforms. We use a simple general equilibrium model with different types of labor. The bottom-line of the paper is that product market reforms...
Persistent link: https://www.econbiz.de/10011391687
European Labour Force Survey to investigate empirically the relationship between product market regulation and training …
Persistent link: https://www.econbiz.de/10003583930
contributions to the latter's decisions. Both a shift from national to international regulation and a decrease in trade costs …
Persistent link: https://www.econbiz.de/10011347148
We investigate the positive and normative consequences of child-labor restrictions for economic aggregates and welfare. We argue that even though the laissez-faire outcome may be inefficient, there are usually better policies to cure these inefficiencies than the imposition of a child-labor ban....
Persistent link: https://www.econbiz.de/10003652670
This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search …-and-firing (intensive) margin. We characterize analytically how both margins depend on regulation before we calibrate the model to the US … through firm selection. Finally, the opposite effect of product and labor market regulation on job turnover rationalizes the …
Persistent link: https://www.econbiz.de/10003278939
We contribute to the growing literature which aims to link product market regulation and competition to labor market … moving from the US low regulation-individual bargaining economy to the EU high regulation-collective bargaining economy leads …
Persistent link: https://www.econbiz.de/10003418442
This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in a search model with heterogeneous …
Persistent link: https://www.econbiz.de/10003585349
, decrease with anti-competitive regulation in upstream sectors and increase with the industry specific output gap; ii) decrease … with the national output gap, increase with the national employment rate and decrease with employment protection regulation …
Persistent link: https://www.econbiz.de/10009534964