Showing 1 - 10 of 373
We examine how structural reforms relate to income inequality. We employ many indicators of structural reforms and use data for market and net income inequality. The dataset includes up to 135 countries since 1960. The results do not suggest that market-oriented structural reforms were...
Persistent link: https://www.econbiz.de/10012843419
, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information … impact of deregulation. This also means policies that change fuel prices can have substantially different effects on …
Persistent link: https://www.econbiz.de/10012892212
We study the labor market outcomes of a deregulation reform in Germany that removed licensing requirements to become …
Persistent link: https://www.econbiz.de/10012892300
To reconcile the mixed empirical results, we develop a theoretical model whose main implication is a concave impact of regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to annual data from 1999 to 2011 drawn from 132...
Persistent link: https://www.econbiz.de/10012866557
U.S. state-level banking deregulation during the 1980’s mitigated the impact of the China trade shock (CTS) on local …
Persistent link: https://www.econbiz.de/10013243243
In this article we investigate the deregulation efforts resulting from the 2015 transposition of the EU’s Transparency … the deregulation on average increase information asymmetry and reduce firm value. We find that this effect is stronger for …
Persistent link: https://www.econbiz.de/10013323972
contrasting effects of deregulation on training. With a given number of firms, deregulation reduces the size of rents per unit of … deregulation increases training incidence. …
Persistent link: https://www.econbiz.de/10010266096
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10010270518
In the European Union, energy markets are increasingly being liberalized. A case in point is the European natural gas industry. The general expectation is that more competition will lead to lower prices and higher volumes, and hence higher welfare. This paper indicates that this might not happen...
Persistent link: https://www.econbiz.de/10010275806
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our aim is to assess whether 'old' and 'new' EU countries are rated differently and to determine whether 'new' ones are assigned lower ratings, ceteris paribus, than 'old' ones. We...
Persistent link: https://www.econbiz.de/10010270550