Showing 1 - 10 of 265
This study considers the efficiency of banking in Australia during the post-deregulation period 1988-2001. Since 1986 … banks have used size as a barrier to entry to the new entrants in the post-deregulation period. Furthermore, bank efficiency … seems to have increased post-deregulation and the competition resulting from diversity in bank types was important to prompt …
Persistent link: https://www.econbiz.de/10011514045
This paper analyzes theoretically and empirically how upstream markets are affected by deregulation downstream …. Deregulation tends to increase the level of uncertainty in the upstream market. Our theoretical analysis predicts that deregulated … plants. On the other hand, we also find that transaction costs may have increased as a consequence of deregulation. …
Persistent link: https://www.econbiz.de/10010464693
regulation for some goods. I provide sufficient conditions for deregulation, i.e. a general reduction in price floors, to be … elastic to net post-tax real wages, and hence reduced by taxation. In a setting where preferences are isoelastic, deregulation …
Persistent link: https://www.econbiz.de/10011941166
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
-form eigenvalues show that stricter entry regulation results in slower convergence to steady state. …
Persistent link: https://www.econbiz.de/10011921997
, distributional effects have been more difficult to assess. In the electricity sector, deregulation has vastly increased information … impact of deregulation. This also means policies that change fuel prices can have substantially different effects on …
Persistent link: https://www.econbiz.de/10011936281
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
California disaster. Part of the explanation for these difficulties stems from past successful liberalization and deregulation …
Persistent link: https://www.econbiz.de/10011402612
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
optimal climate policy. For the ethics we discuss the role of intergenerational inequality aversion and the discount rate … discount rates than private agents. The economics depends on the costs and rates of technical progress in production of fossil …
Persistent link: https://www.econbiz.de/10011897776