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The welfare effects of globalization with labor market regulation
Palokangas, Tapio K. - 2015
contributions to the latter's decisions. Both a shift from national to international regulation and a decrease in trade costs …
Persistent link: https://www.econbiz.de/10011347148
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How do drug prices respond to a change from external to internal reference pricing? : evidence from a Danish regulatory reform
Kaiser, Ulrich; Méndez, Susan J. - 2015
We study the effects of a change in the way patient reimbursements are calculated on the prices of pharmaceuticals using quasi-experimental data for Denmark which switched from external (where reimbursements are based on prices of similar products in foreign countries) to internal reference...
Persistent link: https://www.econbiz.de/10010467805
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Regulatory barriers and entry in developing economies
Bennett, John (contributor); Estrin, Saul (contributor) - 2006
We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to 'excessive' entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a licence...
Persistent link: https://www.econbiz.de/10003328066
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Employment protection, product market regulation and firm selection
Koeniger, Winfried (contributor); Prat, Julien (contributor) - 2006
This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search …-and-firing (intensive) margin. We characterize analytically how both margins depend on regulation before we calibrate the model to the US … through firm selection. Finally, the opposite effect of product and labor market regulation on job turnover rationalizes the …
Persistent link: https://www.econbiz.de/10003278939
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Product market regulation and endogenous union formation
Ebell, Monique (contributor); Häfke, Christian (contributor) - 2006
We contribute to the growing literature which aims to link product market regulation and competition to labor market … moving from the US low regulation-individual bargaining economy to the EU high regulation-collective bargaining economy leads …
Persistent link: https://www.econbiz.de/10003418442
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Product market regulation, firm selection and unemployment
Felbermayr, Gabriel (contributor); Prat, Julien (contributor) - 2007
This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in a search model with heterogeneous …
Persistent link: https://www.econbiz.de/10003585349
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Incidence of strict quality standards : protection of consumers or windfall for professionals?
Kawaguchi, Daiji; Murao, Tetsushi; Kanbayashi, Ryō - 2013
This paper examines the effects of upgrading product quality standards on product and professional labor-market equilibriums when both markets are regulated. The Japanese government revised the Building Standards Act in June 2007, requiring a stricter review process for admitting the plans of...
Persistent link: https://www.econbiz.de/10009755328
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The political economy of labor market regulation with R&D
Palokangas, Tapio K. - 2014
In this paper, I study the political rationale for labor market regulation. Oligopolists employ raw labor and human … less competition from outside. Then, the fall of income due to wage increases is reduced and labor market regulation …
Persistent link: https://www.econbiz.de/10010350356
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The optimal minimum wage with regulatory uncertainty
Bennett, John; Chioveanu, Ioana - 2015
For two different regulatory standards, we examine the optimal minimum wage in a competitive labour market when the government is uncertain about supply and demand. Solutions are related to underlying supply and demand conditions, and the extent of uncertainty and of rationing efficiency. We...
Persistent link: https://www.econbiz.de/10011407940
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Employment protection and product market regulation
Koeniger, Winfried (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001799644