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Barriers to Entry, Deregulation and Workplace Training
Bassanini, Andrea; Brunello, Giorgio - 2021
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/10013317117
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Before it Gets Better : The Short-Term Employment Costs of Regulatory Reforms
Bassanini, Andrea - 2017
on cyclical conditions: the employment cost of deregulation is higher in economic downturns, negligible in good times …
Persistent link: https://www.econbiz.de/10012947130
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Wage Determination and Imperfect Competition
Booth, Alison L. - 2014
competitive model of the labour markets, for example, typically no intervention or regulation would be justified. However, labour …
Persistent link: https://www.econbiz.de/10013056654
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Monetary Persistence, Imperfect Competition, and Staggering Complementarities
Merkl, Christian; Snower, Dennis J. - 2021
This paper explores the influence of wage and price staggering on monetary persistence. We show that, for plausible parameter values, wage and price staggering are complementary in generating monetary persistence. We do so by proposing the new measure of quantitative inertia, after discussing...
Persistent link: https://www.econbiz.de/10013316832
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The Design of Insurance Coverage for Medical Products Under Imperfect Competition
Bardey, David - 2015
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/10013028181
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Product Market Regulation, Firm Size, Unemployment and Informality in Developing Economies
Charlot, Olivier - 2011
formal sector wage premium. The opposite is true for labor market regulation. Finally, we show that the so-called overhiring …
Persistent link: https://www.econbiz.de/10013129903
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Truth-Telling : A Representative Assessment
Abeler, Johannes - 2012
A central assumption of the canonical cheap talk literature is that people misreport their private information if this is to their material benefit. Recent evidence from laboratory experiments with student subjects suggests, however, that while many people do report the payoff-maximizing...
Persistent link: https://www.econbiz.de/10013099099
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Product Market Regulation and Endogenous Union Formation
Haefke, Christian - 2006
We contribute to the growing literature which aims to link product market regulation and competition to labor market … moving from the US low regulation-individual bargaining economy to the EU high regulation-collective bargaining economy leads …
Persistent link: https://www.econbiz.de/10012779655
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Regulatory Barriers and Entry in Developing Economies
Bennett, John - 2006
We model entry by entrepreneurs into new markets in developing economies with regulatory barriers in the form of licence fees and bureaucratic delay. Because laissez faire leads to quot;excessivequot; entry, a licence fee can increase welfare by discouraging entry. However, in the presence of a...
Persistent link: https://www.econbiz.de/10012779967
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The Optimal Minimum Wage with Regulatory Uncertainty
Bennett, John - 2015
For two different regulatory standards, we examine the optimal minimum wage in a competitive labour market when the government is uncertain about supply and demand. Solutions are related to underlying supply and demand conditions, and the extent of uncertainty and of rationing efficiency. We...
Persistent link: https://www.econbiz.de/10013009495