Showing 1 - 10 of 511
have occurred in pricing, service, and competition in the 28 years since deregulation. We then examine some of the major …
Persistent link: https://www.econbiz.de/10012775910
This paper uses a variety of data sources to study the effect of deregulation on the structure of wages in the airline … deregulation, with roughly similar declines for industry-specific occupations (pilots and flight attendants) and general …
Persistent link: https://www.econbiz.de/10013308329
This paper describes the effects of deregulation on negotiated wage rates and employment levels of aircraft mechanics … real wage rates since deregulation,and only recent increases in interfirm wage differentials. Employment growth rates, on …-entrant airlines. The data suggest that deregulation resulted in a transfer of 5000-7000 maintenance jobs from the incumbent trunks to …
Persistent link: https://www.econbiz.de/10013218973
, 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
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
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
(deregulation) and improving contractual enforcement (legal reform). Deregulation fosters entry, thereby increasing the number of … deregulation, as it preserves incumbents' rents, while at the same time allowing the less efficient among them to transfer control …
Persistent link: https://www.econbiz.de/10012760453
Writings on the macroeconomic impact of capital account liberalization find few, if any, robust effects of liberalization on real variables. In contrast to the prevailing wisdom, I argue that the textbook theory of liberalization holds up quite well to a critical reading of this literature. The...
Persistent link: https://www.econbiz.de/10012760534
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
A first step in the 'big bang' markets was the deregulation of the foreign exchange market on April 1, 1998. This paper … the deregulation. Intra-day data are analyzed with the following results: (1) Holding constant the effects of volume and … volatility, the deregulation was associated with a convergence of Japanese quoted spreads toward those of other banks. (2 …
Persistent link: https://www.econbiz.de/10012763769