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Structural Reforms and Income Inequality : Who Benefits from Market-Oriented Reforms?
Gründler, Klaus - 2020
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
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Who (Else) Benefits from Electricity Deregulation? Coal Prices, Natural Gas and Price Discrimination
Hughes, Jonathan E. - 2019
, 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
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Entry Barriers and the Labor Market Outcomes of Incumbent Workers : Evidence from a Deregulation Reform in the German Crafts Sector
Lergetporer, Philipp - 2019
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
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Regulation, Financial Crises, and Liberalization Traps
Marchionne, Francesco - 2019
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
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Softening the Blow : U.S. State-Level Banking Deregulation and Sectoral Reallocation after the China Trade Shock
Ruslanova, Lilia; Hoffmann, Mathias - 2021
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
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Disclosure Deregulation of Quarterly Reporting
Behrmann, Vanessa; Hornuf, Lars; Zimmermann, Jochen - 2022
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
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The employment effects of labor and product markets deregulation and their implications for structural reform
Berger, Helge; Danninger, Stephan - 2006
This study explores the effects of labor and product market deregulation on employment growth. Our empirical results … framework for evaluating deregulation strategies in the presence of reform costs. Optimal deregulation takes various forms … depending on the deregulation costs and the strength of reform interactions. Compared to the first best, decentralized decision …
Persistent link: https://www.econbiz.de/10010263902
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Barriers to entry, deregulation and workplace training: A theoretical model with evidence from Europe
Bassanini, Andrea; Brunello, Giorgio - 2010
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
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Product market competition, investment and employment-abundant versus job-poor growth : a real options perspective
Chen, Yu-Fu; Funke, Michael - 2005
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10010271923
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Migration-regime liberalization and social security : political-economy effect
Razîn, Assaf; Sand, Edith - 2009
The pay-as-you-go social security system, which suffers from dwindling labor force, can benefit from immigrants with birth rates that exceed the native-born birth rates in the host country. Thus, a social security system provides effectively an incentive to liberalize migration policy. The paper...
Persistent link: https://www.econbiz.de/10010276303