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This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10011450308
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
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10003985907
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
macroeconomic adjustment, general market deregulation, and promotion of private investment in the provision of public infrastructure …
Persistent link: https://www.econbiz.de/10011507688
We study firm responses to a large-scale change in apprenticeship regulation in Colombia. The reform requires firms to …
Persistent link: https://www.econbiz.de/10012294728
We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from in-ternational financial...
Persistent link: https://www.econbiz.de/10009630635
-form eigenvalues show that stricter entry regulation results in slower convergence to steady state. …
Persistent link: https://www.econbiz.de/10011921997
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
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
Persistent link: https://www.econbiz.de/10012030889