profits. Instead of such an equilibrium, a deregulation race is likely to emerge in which all but the last country repeal … their antitrust laws. The deregulation race results in a chain of Stackelberg leadership positions taken over by national …

universe of firms in Hungary, we show that financial openness triggers input-cost and consumption channels, with the latter …

Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have … operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests …, but couldn't formulate rules for particular industries. The deregulation movement reflected the relative competencies of …

effects of bank regulation and the impact of deregulation. We find that where entry was more restricted the cost of credit was … deregulation raises above the level present in more competitive markets, suggesting that the pre-existing conditions severely …

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 … regulation as determining both the entry costs faced by firms, and the degree of competition between firms. We think of labor …

were replaced as inputs to capital regulation. Second, the redesigned system ensures capital buffers sufficient to …, we document that insurers' risk taking was distorted and increased in response to the new regulation …

make the situation worse, an impact assessment analysis should accompany every law and every regulation of every Ministry …

U.S. airlines have lost nearly $60 billion (2009 dollars) in domestic markets since deregulation, most of it in the … that challenges the economics of deregulation. I examine some of the most common explanations among industry participants …