European Union countries have implemented widespread reforms to product markets in order to stimulate competition, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme (SMP) were associated with increased product market...

This papers studies the effects on service quality and consumer surplus of a minimum price which is fixed by a bureaucratic non-monopolistic professional association. It shows that the price set by a Niskanen-type professional assocation will maximize consumer surplus only if consumers demand...

Der Apothekenmarkt wird in Deutschland in vieler Hinsicht reglementiert. Ein Großteil der verkauften Produkte unterliegt einer Preisbindung und der Marktzugang ist stark beschränkt. Die Autorin plädiert für eine Liberalisierung des Marktes und macht konkrete Reformvorschläge.

We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main theoretical contribution is combining a job matching model with monopolistic competition in the goods market and individual bargaining. We calibrate the model to US data and...

Two very different approaches are used to explore the relation between market orientation and gender wage differentials in international data. More market orientation might be related to gender wage gaps via its effects on competition in product and labor markets and the general absence of...

This paper empirically analyzes the effects of de jure financial openness on institutional quality as captured by indicators on investment risk, corruption level, impartiality of judiciary system as well as the effectiveness of bureaucratic authorities. Using a panel data set of more than 110...

Ziel dieses Beitrages ist es, die Argumente zugunsten der Beibehaltung des Ladenschlußgesetzes empirisch auf ihre Stichhaltigkeit hin zu überprüfen. Dabei sollen vor allem auch die Erfahrungen des Auslandes mit flexiblen Ladenöffnungszeiten berücksichtigt werden. Hinsichtlich der...