Narrow search
Showing 1 - 10 of 347
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
Market Liberalization in the European Natural Gas Market - The Importance of Capacity Constraints and Efficiency Differences
Brakman, Steven; van Marrewijk, Charles; van … - 2021
In the European Union, energy markets are increasingly being liberalized. A case in point is the European natural gas industry. The general expectation is that more competition will lead to lower prices and higher volumes, and hence higher welfare. This paper indicates that this might not happen...
Persistent link: https://www.econbiz.de/10013316347
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
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