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Using the postal service as an example, this article highlights the critical role played by a series of “implicit” judgments when estimating the government earnings differential. Regression estimates demonstrate that alternative treatments of location, gender, industry, occupation and union...
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receive wages 28% higher than similar private sector workers. A premium estimate of 34% is obtained following an accounting …
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The existence and the use of the essential facilities doctrine was questioned in theory and in practice. Although the doctrine was developed in antitrust, it became a frequently cited notion in the regulation of network utilities. Its relevance is hotly debated during the setup of the new...
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