Product and labour 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 … market deregulation, we then use our results to study two specific issues. First, to shed light on macroeconomic evolutions …

This paper analyzes the impact of deregulation and market integration policies on the structure of European banking …

). We also conclude that some consolidation is required in the production of satellites. In both cases it seems that …

monopoly, so the model is calibrated to estimates of prices and costs, data for demand, and to the first-order conditions for a … very substantial efficiency gains from competition. …

compare the welfare effects of upstream versus downstream deregulation policies and show that the impact of deregulation may …

of local monopoly power of financial intermediaries. The economy that implements this form of deregulation experiences … market integration thus contributes to moderation of firm-level and aggregate output volatility. In turn, trade and financial … ties allow also the foreign economy to enjoy lower GDP volatility in most scenarios we consider. These results are …

We assess how banking competition will be affected by the process of deregulation and integration in European financial …

What determines the enforcement of deregulation reform of business activities? What are the outcomes of deregulation … variation. 2) The enforcement of deregulation reform was better in regions with a transparent government, low corruption, better … substantial positive effect of deregulation on net entry and small business employment and no effect on pollution and public …

profits. Instead of such an equilibrium, a deregulation race is likely to emerge in which all but the last country repeal … their antitrust laws. The deregulation race results in a chain of Stackelberg leadership positions taken over by national …

In the past four years, and under pressure from the EC authorities, most constraints on air transport prices in the … suggest the existence of a market where prices can actually increase. …