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specified regulation(s). Relative to the regulation(s), four conceptual categories that can help frame the analysis are: (A …) regulation applicable and compliant, (B) regulation applicable and non-compliant, (C) regulation non-applicable after adjustment … of activity, and (D) regulation non-applicable to the activity. Rather than use thegeneric labels ‘informal’ and â …
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on wages as do unions -- that is about 15 percent, but unlike unions which reduce variance in wages, licensing does not …
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The paper focuses on labor and product market deregulations, as fundamental elements in the passage from an investment to an innovation-based economy.The approach undertaken is prominently empirical.After a very brief description of the regulatory levels on the two sides of the Atlantic, we take...
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sports leagues that objects pro-competitive balance regulation as being non Walrasian when (American) teams are profit … maximising. A next step is to cover how the Walrasian model has been adapted to European open leagues and their regulation of win … circle between TV rights revenues and wages in French football that may explain the aforementioned disequilibrium. …
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The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
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