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, defined as deregulation in the product markets and liberalization and deregulation in the labor markets. After reviewing the …
Persistent link: https://www.econbiz.de/10012758159
After three years of near stagnation, the mood in Europe is definitely gloomy. Many doubt that the European model has a future. In this paper, I argue that things are not so bad, and there is room for optimism. Over the last thirty years, productivity growth has been much higher in Europe than...
Persistent link: https://www.econbiz.de/10013243948
This paper evaluates a possible US-SACU (Southern African Customs Union) free trade agreement as part of a US approach to new preferential trade agreements characterized by the term competitive liberalization.' This is the idea that competition among large countries (US/EU) to negotiate...
Persistent link: https://www.econbiz.de/10013324133
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 …
Persistent link: https://www.econbiz.de/10012760665
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 …
Persistent link: https://www.econbiz.de/10013213061
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 …
Persistent link: https://www.econbiz.de/10013078149
make the situation worse, an impact assessment analysis should accompany every law and every regulation of every Ministry …
Persistent link: https://www.econbiz.de/10014221615
Can patent protection and product market competition complement each other in enhancing incentives to innovate? In this paper, we address this question by investigating how innovation responses to a substantial policy initiative increasing product market competition interact with the strength of...
Persistent link: https://www.econbiz.de/10013064451
Regulation (GDPR). The opt-in requirement of GDPR resulted in 12.5% drop in the intermediary-observed consumers, but the …
Persistent link: https://www.econbiz.de/10014100575
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 …
Persistent link: https://www.econbiz.de/10013130786