We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …

In the automobile industry, as in many tradable goods markets, firms earn their highest market share within their … domestic market. This home market advantage persists despite substantial integration of international markets during the past … several decades. The goal of this paper is to quantify the supply- and demand-driven sources of the home market advantage and …

setting, we study the trade and welfare implications of labor market deregulation and compare these implications with the … consequences of product market deregulation. Thereby, we take into account that labor market reforms are subject to national policy … decisions and thus associated with unilateral intervention, while product market deregulation is determined at an international …

deregulation may lead to quality-improvements of pharmaceuticals, despite reducing price-setting power of pharmaceutical companies …

We extend existing theoretical frameworks describing electricity markets where each generator provides a Market … opportunity to submit rebids. In the Australian National Energy Market (NEM) where settlement prices are an average of six …

consider improvements to market design and regulation as these two energy markets become increasingly interlinked …

The Russian gas market is highly regulated. In this paper we examine possible impacts of regulatory changes on the … demand side of this market. In particular, we consider the effects on Russian energy consumers of removing natural gas … exports. Removal of other market imperfections in the Russian energy markets has smaller impacts on prices and quantities than …

industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international … firm growth explains some recent empirical regularities on firm and labor market dynamics. Fitting the model to capture key … interact in shaping labor market outcomes. Focusing on the period 1996-2007, we find that neither trade nor key features of the …