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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

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

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

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

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

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

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

Holes in the Dike : The Global Savings Glut, U.S. House Prices and the Long Shadow of Banking Deregulation

Hoffmann, Mathias - 2015

We explore empirically how capital inflows into the US and financial deregulation within the United States interacted … measure of financial liberalization, we focus on the history of interstate-banking deregulation during the 1980s, i.e. prior … of deregulation: in states that opened their banking markets to out-of-state banks earlier, house prices were more …

Persistent link: https://www.econbiz.de/10013023109

The Impact of Financial (De-)Regulation on Current Account Balances

Moral-Benito, Enrique - 2014

Both global imbalances and financial market (de-)regulation feature prominently among the potential causes of the … current account balance. In contrast, bank privatization and securities market deregulation tend to raise current account …

Persistent link: https://www.econbiz.de/10013043215

An Allegory of the Political Influence of the Top 1%

De Donder, Philippe; Roemer, John E. - 2021

We study how rich shareholders can use their economic power to deregulate firms that they own, thus skewing the income distribution towards themselves. Agents differ in productivity and choose how much labor to supply. High productivity agents also own shares in the productive sector and thus...

Persistent link: https://www.econbiz.de/10013315687