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Product and Labor Market Deregulation in Unionized Oligopoly with Asymmetric Countries
Egger, Hartmut - 2011
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
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Do Cost-Sharing and Entry Deregulation Curb Pharmaceutical Innovation?
Grossmann, Volker - 2011
deregulation may lead to quality-improvements of pharmaceuticals, despite reducing price-setting power of pharmaceutical companies …
Persistent link: https://www.econbiz.de/10013125326
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Barriers to Entry, Deregulation and Workplace Training : A Theoretical Model with Evidence from Europe
Bassanini, Andrea; Brunello, Giorgio - 2021
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/10013316253
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Migration-Regime Liberalization and Social Security : Political-Economy Effect
Razin, Assaf; Sand, Edith - 2021
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/10013316373
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Service Quality in Electricity Distribution in Brazil : A Malmquist Approach
Marinho, Alexandre - 2017
The paper undertakes a dynamic analysis for service quality in the electricity distribution in Brazil between 2010 and 2014 based on Malmquist indexes constructed upon Data Envelopment Analysis (DEA) distance functions. The motivation for the less usual consideration of efficiency frontiers for...
Persistent link: https://www.econbiz.de/10012963595
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Strategic Bidding of Electric Power Generating Companies : Evidence from the Australian National Energy Market
Dungey, Mardi H. - 2018
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
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Vertical Market Power in Interconnected Natural Gas and Electricity Markets
Marks, Levi - 2017
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
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Liberalizing Russian Gas Markets – An Economic Analysis
Aune, Finn Roar - 2017
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
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Firm Dynamics and Residual Inequality in Open Economies
Felbermayr, Gabriel J. - 2016
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
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Did Globalization Influence Credit Market Deregulation?
Eppinger, Peter - 2015
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