Recent empirical work finds a negative correlation between product market regulation and aggregate employment. We … assessing the aggregate effects of product market regulation … examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation. We find …

the seemingly failure of the private insurance market to provide coverage for terrorism losses after the attack on … September 11, 2001. This paper surveys the evidence of the supposed private market failures after 9/11 and the arguments for …

In an unregulated electricity generation market, the degree to which generators in" different locations compete with … area of dominance. This" analysis is applied to a model of California's forthcoming deregulated electricity market. Our …

residential electricity market, we document evidence of consumer inertia. We estimate an econometric model of retail choice to …

In the United States today, the system of financial regulation is complex and fragmented. Responsibility to regulate …

insurance market. While the individual market represents a small slice of the U.S. population, it has historically been the … market segment with the lowest rates of take-up and greatest concerns about access to robust coverage. As part of the reform … of the individual insurance market, the Marketplaces invoke many of the principles of regulated competition including …

service regulation. Using variation created by the rule's introduction as a natural experiment, we find claims costs rose … nearly one-for-one with distance below the regulatory threshold: 7% in the individual market, and 2% in the group market …

finds that the housing bust associated with the Great Recession did not lead any major market that previously was highly … regulated to reverse course and deregulate to any significant extent. Moreover, regulation in most large coastal markets …