Showing 1 - 10 of 2,223
It has traditionally been argued that the development of telecommunications infrastructure is dependent on the quality … telecommunications services and find it to be much smaller in cellular telephony than in the others. By evaluating the importance of … offer policy implications for alleviating differences between countries in international telecommunications development. …
Persistent link: https://www.econbiz.de/10003529158
This paper analyses the welfare effects of price restrictions on private contracting in a world where agents have a limited cognitive ability. People compute the costs and benefits of entering a transaction with an error. The government knows the distribution of true costs and benefits as well...
Persistent link: https://www.econbiz.de/10011414080
Economists recommend to partly redistribute gains to losers from a structural reform, which in many cases may be required for making the reform politically viable. However, taxation is distortionary. Then, it is unclear that compensatory transfers can support a Pareto-improving reform. This...
Persistent link: https://www.econbiz.de/10011951457
The process leading to the setting of the minimum wage so far has been fairly overlooked by economists. This paper suggests that this is a serious limitation as the setting regime contributes to explain cross-country variation in the fine-tuning of the minimum wage, hence in the way in which the...
Persistent link: https://www.econbiz.de/10003879369
In this paper we reassess the food consumption and dietary impact of the regimes of food and food price control and eventually, food rationing, that were introduced in Britain during the First World War. At the end of the War the Sumner Committee was convened to investigate into effects of these...
Persistent link: https://www.econbiz.de/10009156099
Reference prices constitute a main determinant of patient health care reimbursement in many countries. We study the effects of a change from an "external" (based on a basket of prices in other countries) to an "internal" (based on comparable domestic products) reference price system. We find...
Persistent link: https://www.econbiz.de/10009717701
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
In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to stabilize the economy. Despite its wide adoption, many economists remained skeptical. In this paper, we argue that price controls should be part of the policy toolbox to respond...
Persistent link: https://www.econbiz.de/10014545082
Does adoption of broadband internet in firms enhance labor productivity and increase wages? And is this technological change skill biased or factor neutral? We exploit rich Norwegian data with firm-level information on value added, factor inputs and broadband adoption to answer these questions....
Persistent link: https://www.econbiz.de/10010221546
In EU countries, opening up of telecommunications markets and regulations have helped to reduce the price of digital … services which is an important quasi-input factor in all firms. Integrating the use of telecommunications in a macroeconomic … production function is the analytical starting point for our interdependent analysis of output, use of telecommunications and …
Persistent link: https://www.econbiz.de/10003384907