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 …

This paper describes the privatization program in Italy during the 1990s and puts that policy in the context of … macroeconomic adjustment, general market deregulation, and promotion of private investment in the provision of public infrastructure … attempts at privatization of the 1980s, delaying until 1992 the start of largescale privatizations. These were imposed on …