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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
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deregulation in retail distribution has no (or even positive) short-term employment effects. This discrepancy is likely driven by …
Persistent link: https://www.econbiz.de/10011295517
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deregulation reduces profits per unit of output, and thereby reduces training. On the other hand, the number of firms increases … European Labour Force Survey to investigate empirically the relationship between product market regulation and training … results are unambiguous and show that an increase in product market deregulation generates a sizeable increase in training …
Persistent link: https://www.econbiz.de/10003583930
In this paper we study how promoting product market competition by reducing mark-ups or by increasing productivity are able to complement labor market reforms. We use a simple general equilibrium model with different types of labor. The bottom-line of the paper is that product market reforms...
Persistent link: https://www.econbiz.de/10011391687
competitive model of the labour markets, for example, typically no intervention or regulation would be justified. However, labour …
Persistent link: https://www.econbiz.de/10010257588
price, which is then set so that the producer's revenue just covers fixed costs. Consequently, a suitable regulation of the …
Persistent link: https://www.econbiz.de/10010473189
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