Showing 1 - 10 of 124
Recent advances in telecommunications, particularly using fibre technologies, permit many services based on data … to create a level playing field between the country's former telecommunications monopolist and foreign competitors and …
Persistent link: https://www.econbiz.de/10013158458
In this paper we show how an upstream firm can prevent destructive competition among downstream firms producing relatively close substitutes by implementing a price-dependent profit-sharing rule. The rule also ensures that the downstream firms undertake investments which benefit the industry in...
Persistent link: https://www.econbiz.de/10012777494
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 …
Persistent link: https://www.econbiz.de/10013119394
deregulation may lead to quality-improvements of pharmaceuticals, despite reducing price-setting power of pharmaceutical companies …
Persistent link: https://www.econbiz.de/10013125326
of telecommunications as given by Façanha and Resende (2004), Resende and Façanha (2005) and Resende and Tupper (2009 …
Persistent link: https://www.econbiz.de/10012963595
We extend existing theoretical frameworks describing electricity markets where each generator provides a Market Operator (MO) with a supply schedule in advance. The MO combines these with demand forecasts to produce equilibrium prices and instructs firms on their dispatch. We incorporate the...
Persistent link: https://www.econbiz.de/10012927098
New England is at the leading edge of an energy transition in which natural gas is playing an increasingly important role in the US electricity generation mix. In recent years, the region's wholesale natural gas and electricity markets have experienced severe, simultaneous price spikes. While...
Persistent link: https://www.econbiz.de/10012943388
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 subsidies, and how changes in Russian gas consumption may...
Persistent link: https://www.econbiz.de/10012971536
Increasing wage inequality between similar workers plays an important role for overall inequality trends in industrialized societies. To analyze this pattern, we incorporate directed labor market search into a dynamic model of international trade with heterogeneous firms and homogeneous workers....
Persistent link: https://www.econbiz.de/10013006606
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 …
Persistent link: https://www.econbiz.de/10013021420