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. Evidence on employment in the retail sector from Germany, the Netherlands and the United States suggests that the regulatory … attributed to product market deregulation, in particular liberalization of shop-closing laws effected in the mid-1990s. I sketch …
Persistent link: https://www.econbiz.de/10009781500
We study the labor market outcomes of a deregulation reform in Germany that removed licensing requirements to become …
Persistent link: https://www.econbiz.de/10011921984
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/10010250120
The purpose of this paper is to analyse the impact of market-oriented institutional reforms in German network industries. A disaggregated approach is chosen, which differentiates between network services, infrastructure management and network infrastructure. The gradual opening of network...
Persistent link: https://www.econbiz.de/10011402409
We develop a model of sluggish firm entry to explain short-run labor responses to technology shocks. We show that the labor response to technology and its persistence depend on the degree of returns to labor and the rate of firm entry. Existing empirical results support our theory based on...
Persistent link: https://www.econbiz.de/10011921997
Persistent link: https://www.econbiz.de/10003379804
This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of … exploit regional differences in deregulation following a 2008 reform. Controlling for initial conditions, first …-difference estimates show that local deregulation increases local investment in infrastructure by both the incumbent and competitors. …
Persistent link: https://www.econbiz.de/10009752995
To reconcile the mixed empirical results, we develop a theoretical model whose main implication is a concave impact of regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to annual data from 1999 to 2011 drawn from 132...
Persistent link: https://www.econbiz.de/10012030889
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/10011735963
years of the Nazi period. We find that Germany experienced a substantial increase in mortality rates in most age groups in …
Persistent link: https://www.econbiz.de/10011511113