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privatization and deregulation is evaluated and policies involving re-regulation are discussed. The paper thus reviews rate of …This paper reviews the economic theories of regulation. It discusses the public and private interest theories of … regulation, as the criticisms that have been leveled at them. The extent to which these theories are also able to account for …
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have begun to adapt their access regulation regimes to the new technological conditions. The regulatory reactions gravitate … towards three distinct regulatory trajectories: unregulated competition, access regulation, and structural separation. We …
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have begun to adapt their access regulation regimes to the new technological conditions. The regulatory reactions gravitate … towards three distinct regulatory trajectories: unregulated competition, access regulation, and structural separation. We …
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results from a deregulation shock is associated with an accumulation of foreign assets unless production of nontraded goods is …
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alternatively European and the U.S. labor markets, a deregulation episode, which lowers the markup by 3 percent- age points, results …®ected in the long-run. The sensitivity analysis reveals that product market deregulation is more e®ective in countries where … labor market regulation is high, product markets are initially highly regulated, unemployment bene¯ts are smaller and labor …
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Product and labour 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 labour …
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calibration capturing alternatively European and the U.S. labor markets, a deregulation episode, which lowers the markup by 3 … labor share is almost unaffected in the long-run. The sensitivity analysis reveals that product market deregulation is more … effective in countries where labor market regulation is high, product markets are initially highly regulated, unemployment …
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