structure with one firm choosing higher investments. While access regulation imposed on the dominant firm leads to lower prices … network effects leading to potentially increased demand, regulation can substantially lower aggregate social welfare …

the monopoly is not contestable, i.e. not controlled by a credible threat of entry, regulation is necessary. The essential …; ex ante in stead of ex post regulation. The corporatist solution has the best performance, but it comes at a high price …

aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … observed in market economies. Early in transition, faster reform is associated with larger contributions from reallocation, but …

, employment and shadow employment in Russia and Ukraine. The first section presents a summary of the economic and institutional … try to discover the mechanism of influence of the last reform of the Ukrainian payroll tax system on the structure and …

, especially in societies with highly skewed distribution of ownership. We however argue that the success of CG reform would, in …. Using recent data from Russia for 2000-2008, we find that the introduction of corporate governance codes in Russia had …

aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … observed in market economies. Early in transition, more reform is associated with larger contributions from reallocation, but …

floor, however, a Demsetz auction is worse than no regulation at all of the bottleneck monopoly. Our results apply beyond …

relationship between market structure and innovation, that is the effect of regulation on the incentives to innovate of a regulated … monopolistic firm. More precisely, we discuss the influence of price regulation on the economic incentives to undertake costly R …&D effort to discover a new technology. After a discussion of positive approaches to regulation and their relevance for the …