Showing 1 - 10 of 477
Regulatory entry barriers to hospital service markets, namely Certificate of Need (CON) regulations, are enforced in many states; although no longer federally mandated, policy makers in other states are considering reinstating CON policies in tandem with service expansions mandated under the...
Persistent link: https://www.econbiz.de/10013084146
bank regulation, which will affect competition and stability in the long term, outside the period that may be observed …
Persistent link: https://www.econbiz.de/10013088399
This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource misallocation declines and a considerable thickening of...
Persistent link: https://www.econbiz.de/10013064852
Recent research has suggested that the reduction of entry regulation can promote firm entry and job creation, but …
Persistent link: https://www.econbiz.de/10013069155
We examine the effect of US branch banking deregulations on the entry size of new firms using micro-data from the US Census Bureau. We find that the average entry size for startups did not change following the deregulations. However, among firms that survived at least four years, a greater...
Persistent link: https://www.econbiz.de/10013070600
the heterogeneity of the effect of entry, contract enforcement regulation, and financial development on both the decision … the level of regulation and financial development and some individual characteristics that are important determinants of … entrepreneurship, such as gender, business skills, and social networks. We find that entry regulation moderates the effect of business …
Persistent link: https://www.econbiz.de/10013154571
This paper studies the impact of product and labor market reforms when the economy faces major slack and a binding constraint on monetary policy easing---such as the zero lower bound. To this end, we build a two-country model with endogenous producer entry, labor market frictions, and nominal...
Persistent link: https://www.econbiz.de/10012944649
We study the consequences of product and labor market reforms in a two-country model with endogenous producer entry and labor market frictions. We focus on the role of business cycle conditions and external constraints at the time of reform implementation (or of a credible commitment to it) in...
Persistent link: https://www.econbiz.de/10012994915
This paper studies the impact that capital market imperfections have on the natural" selection of the most efficient firms by estimating the effect of the pre-deregulation level of" leverage on the survival of trucking firms after the Carter deregulation. Highly leveraged" carriers are less...
Persistent link: https://www.econbiz.de/10013215356
the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the …
Persistent link: https://www.econbiz.de/10013216094