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This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011571943
set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tends to push up the unemployment … rate. Labour market deregulation, proxied by the employment protection legislation index, is detrimental to unemployment in …
Persistent link: https://www.econbiz.de/10011871988
on cyclical conditions: the employment cost of deregulation is higher in economic downturns, negligible in good times …
Persistent link: https://www.econbiz.de/10011732021
This paper evaluates the impact on temporary agency workers' job satisfaction of a reform that considerably changed regulations covering the temporary help service sector in Germany. We isolate the causal effect of this reform by combining a difference-in-difference and matching approach and...
Persistent link: https://www.econbiz.de/10010498616
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/10011951457
We study the labor market outcomes of a deregulation reform in Germany that removed licensing requirements to become …
Persistent link: https://www.econbiz.de/10011916534
Persistent link: https://www.econbiz.de/10002115431
This paper asks how deregulation intended to promote competition in the commercial banking industry affected the … over time to identify the effects of deregulation. Banking deregulation had no effect on compensation levels or inequality …, between-establishment inequality increased dramatically. Deregulation also led to increases in inequality among managers …
Persistent link: https://www.econbiz.de/10003278941
We construct objective measures of privatization, internal and external liberalization reform efforts, across countries over time, and investigate their determinants, reversals and macroeconomic impacts. We find that GDP growth determines external liberalization and privatization, concentration...
Persistent link: https://www.econbiz.de/10003310965
In this paper, I analyze India's approach to capital account liberalization through the lens of the new literature on financial globalization. India's authorities have taken a cautious and calibrated path to capital account opening, which has served the economy well in terms of reducing its...
Persistent link: https://www.econbiz.de/10003794018