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Efficient Local Government Service Provision : The Role of Privatization and Public Sector Unions
Jerch, Rhiannon - 2016
Local governments spend roughly $1.6 trillion per year to provide a variety of public services ranging from police and fire protection to public schools and public transit. However, we know little about public sector's productivity in delivering key services. To understand the productivity both...
Persistent link: https://www.econbiz.de/10012456586
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A Model to Evaluate Vehicle Emission Incentive Policies in Japan
Fullerton, Don - 2014
Using three years of data from the 47 prefectures of Japan, we estimate behavior of households who simultaneously make discrete decisions about vehicle ownership and continuous decisions about driving distance. We use the estimated parameters to calculate elasticities and to simulate the effects...
Persistent link: https://www.econbiz.de/10012458334
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Economic and Political Liberalizations
Giavazzi, Francesco - 2004
This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10012468036
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Macroeconomic Effects of Regulation and Deregulation in Goods and Labor Markets
Blanchard, Olivier - 2001
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 … market deregulation, we then use our results to study two specific issues. First, to shed light on macroeconomic evolutions …
Persistent link: https://www.econbiz.de/10012470609
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Right-to-Carry Laws and Violent Crime : A Comprehensive Assessment Using Panel Data, the LASSO, and a State-Level Synthetic Controls Analysis
Donohue, John J. - 2017
Our preferred panel data regression specification (the "DAWmodel") and the Brennan Center (BC) model, as well as other statistical models by Lott and Mustard (LM) and Moody and Marvell (MM) that had previously been offered as evidence of crime-reducing RTC laws, now only generate statistically...
Persistent link: https://www.econbiz.de/10012455172
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Does Competition Affect Bank Risk?
Jiang, Liangliang - 2017
Although policymakers often discuss tradeoffs between bank competition and stability, past research provides differing theoretical perspectives and empirical results on the impact of competition on risk. In this paper, we employ a new approach for identifying exogenous changes in the competitive...
Persistent link: https://www.econbiz.de/10012455601
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Market Reforms in the Time of Imbalance
Cacciatore, Matteo - 2016
business cycle conditions at the time of deregulation significantly affect adjustment. A reduction of firing costs entails …
Persistent link: https://www.econbiz.de/10012456546
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The U.S. Electricity Industry After 20 Years of Restructuring
Borenstein, Severin - 2015
Prior to the 1990s, most electricity customers in the U.S. were served by regulated, vertically-integrated, monopoly utilities that handled electricity generation, transmission, local distribution and billing/collections. Regulators set retail electricity prices to allow the utility to recover...
Persistent link: https://www.econbiz.de/10012457553
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In with the Big, Out with the Small : Removing Small-Scale Reservations in India
Martin, Leslie A. - 2014
An ongoing debate in employment policy is whether promoting small and medium enterprises creates more employment. Do small enterprises generate more employment growth than larger firms? We use the elimination of small-scale industry (SSI) promotion in India to address this question. For 60...
Persistent link: https://www.econbiz.de/10012458175
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When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation
Cicala, Steve - 2014
techniques relative to matched plants that were not subject to any regulatory change. Deregulation also led to a shift toward …
Persistent link: https://www.econbiz.de/10012458556