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Pareto-improving structural reforms
Saint-Paul, Gilles - 2018
elastic to net post-tax real wages, and hence reduced by taxation. In a setting where preferences are isoelastic, deregulation … regulation for some goods. I provide sufficient conditions for deregulation, i.e. a general reduction in price floors, to be …
Persistent link: https://www.econbiz.de/10011941166
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Labor responses, regulation and business churn
Aloi, Marta; Dixon, Huw; Savagar, Anthony - 2018
. Existing empirical results support our theory based on short-run labor responses across US industries. We derive closed …
Persistent link: https://www.econbiz.de/10011921997
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Migration-regime liberalization and social security : political-economy effect
Razin, Asaf; Sand, Edith - 2009
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/10003850506
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Barriers to entry, deregulation and workplace training : a theoretical model with evidence from Europe
Bassanini, Andrea; Brunello, Giorgio - 2010
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. -- training ; product market competition ; Europe …
Persistent link: https://www.econbiz.de/10003937794
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Reform, uncertainty and spillovers : a gravity model approach
Fidrmuc, Jan; Karaja, Elira; Tichit, Ariane - 2012
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10009503832
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Product and labor market deregulation in unionized oligopoly with asymmetric countries
Egger, Hartmut; Meland, Frode - 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/10009314549
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Product market competition, investment and employment-abundant versus job-poor growth : a real options perspective
Chen, Yu-Fu (contributor); Funke, Michael (contributor) - 2005
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10003202265
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The employment effects of labor and product markets deregulation and their implications for structural reform
Berger, Helge (contributor); Danninger, Stephan (contributor) - 2006
Persistent link: https://www.econbiz.de/10003363945
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An allegory of the political influence of the top 1%
De Donder, Philippe; Roemer, John E. - 2013
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/10010210697
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Product market regulation and labor market outcomes : how can deregulation create jobs?
Burda, Michael C. - 2000
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