We investigate the wage effects of privatization using person-level firm-based panel datasets from one privatized and … one nonprivatized public sector firm in the same country for the years immediately before and after privatization. Thus …, we can analyze the before-after effects of privatization while controlling for individual and time fixed effects and …

, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform …

in international data. More market orientation might be related to gender wage gaps via its effects on competition in …

Although policymakers often discuss tradeoffs between bank competition and stability, past research provides differing … theoretical perspectives and empirical results on the impact of competition on risk. In this paper, we employ a new approach for … competition materially boosts bank risk. With respect to the mechanisms, we find that competition reduces bank profits, charter …

business cycle conditions at the time of deregulation significantly affect adjustment. A reduction of firing costs entails …

Product and labor market deregulation are fundamentally about reducing and redistributing rents, leading economic … players to adjust in turn to this new distribution. Thus, even if deregulation eventually proves beneficial, it comes with … central assumptions: Monopolistic competition in the goods market, which determines the size of rents; and bargaining in the …

among top 20 largest cities by population. We estimate the cost savings from privatization and explore the political economy … of why privatization rates are lower in high cost unionized areas. Our analysis finds that the full privatizaton could …

, firms are price-makers and wage-setters. Our setting combines monopolistic and monopsonistic competition, thus encapsulating …

restraints, thereby, soften retail competition—an impact also generated by resale price maintenance (RPM). However, by …