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market. After characterizing the general demand models, it reviews consumer baseline based on which further study the demand … case for possible application to the electricity market and discusses the implications of the results. In the literature … and demand response in the power market and their relationships. It enhances demand response in the electricity market …
Persistent link: https://www.econbiz.de/10013104681
simultaneously product and labor market imperfections, this paper quantifies industry differences in both types of imperfections … of Hall's econometric framework for estimating price-cost margins by nesting three labor market settings (perfect … market imperfections. Consistent with differences in institutions and in the industrial relations system in the two countries …
Persistent link: https://www.econbiz.de/10013016354
What are the factors that explain reversals in the implementation of structural reforms? Our main hypothesis is that reversals in different reforms are driven by different factors. This paper uses new reform indicators and presents novel evidence showing that (a) FDI inflows reduce the...
Persistent link: https://www.econbiz.de/10013106946
The relationship between economic and political liberalization has received a great deal of attention lately, yet the possibility of a nonlinear relationship and the role of reversals remain largely neglected. Focusing on democratization and financial reform, this paper offers evidence for a...
Persistent link: https://www.econbiz.de/10013157255
The COVID-19 virus, also known as the coronavirus, is currently spreading around the world. While a growing literature suggests that exposure to pollution can cause respiratory illness and increase deaths among the elderly, little is known about whether increases in pollution could cause...
Persistent link: https://www.econbiz.de/10012834484
countries over the period 1980-2002, we present evidence that product market deregulation is more effective at the margin when … labor market regulation is high. Moreover, there is evidence in our sample that product market deregulation promotes labor … market deregulation. We show that these results are mostly consistent with the basic predictions of a standard bargaining …
Persistent link: https://www.econbiz.de/10012777020
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/10012780267
attributed to product market deregulation. Our quantitative analysis suggests that under individual bargaining, a decrease of … less than two-tenths of a percentage point of unemployment rates can be attributed to product market deregulation, a …We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main …
Persistent link: https://www.econbiz.de/10012782768
We study the labor market outcomes of a deregulation reform in Germany that removed licensing requirements to become …
Persistent link: https://www.econbiz.de/10012909864
This paper provides novel evidence on the causal effect on female employment of labor market deregulation by using the … of labor market deregulation. Furthermore the 1985 treatment is found to have a lasting and growing impact on female …
Persistent link: https://www.econbiz.de/10013053530