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inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare … increase welfare; however, it may also decrease welfare if education is insufficient to alter the equilibrium information and …
Persistent link: https://www.econbiz.de/10013118774
welfare by discouraging entry. However, in the presence of a licence fee, bureaucratic delay creates a strategic opportunity …
Persistent link: https://www.econbiz.de/10012779967
labor market regulation is high. Moreover, there is evidence in our sample that product market deregulation promotes labor …
Persistent link: https://www.econbiz.de/10012777020
has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …
Persistent link: https://www.econbiz.de/10012764487
context scale economies dominated the effects of choice and competition. This points to an often ignored trade-off between … scale and competition …
Persistent link: https://www.econbiz.de/10013129092
This paper presents a novel method for estimating the likely welfare effects of competition reforms for both current … mobile services and an increase of 4.6 million new users. This reform would generate a welfare gain of 1.37 percent among all … consumers are more likely to reap the benefits of greater competition. This method represents a powerful tool for supporting the …
Persistent link: https://www.econbiz.de/10013250766
This paper offers an eclectic survey of the political economy of labor regulation in the United States at federal and … review, and interjurisdictional competition as well as the implications of union decline. Our analysis should help dispel any …
Persistent link: https://www.econbiz.de/10012779168
, inequality is highly responsive to the increase in product market competition triggered by domestic regulatory reform …
Persistent link: https://www.econbiz.de/10013058310
in international data. More market orientation might be related to gender wage gaps via its effects on competition in … product and labor markets and the general absence of regulation in the economy. The first approach employs meta-analysis data …
Persistent link: https://www.econbiz.de/10013316922
This paper provides a systematic empirical investigation of the effect of product marketliberalization on employment when there are interactions between policies and institutions inproduct and labor markets...
Persistent link: https://www.econbiz.de/10005863030