The liberalization of the German Markets for postal Services which have been realized with the beginning of 2008 was politically combined with the introduction of minimum wage legislation. This minimum wage increases the labour costs of the competitors without reaching the cost level of the...

This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm size dynamics and reallocation of resources within industries. Following deregulation, resource misallocation declines and the left-hand tail of the firm size distribution thickens...

Im Zuge der durch europarechtliche Vorgaben erzwungenen Liberalisierung des deutschen Postmarktes wurde die Frage der vollständigen Öffnung des deutschen Marktes mit der Einführung eines branchenspezifischen Mindestlohnes verbunden. Der durch die bisherige Exklusivlizenz geschützte...

This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource misallocation declines and a considerable thickening of...

This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource misallocation declines and a considerable thickening of...

This study investigates how government ideology matters for the success of World Bank economic policy loans, which typically support market-liberalizing reforms. A simple model predicts that World Bank staff will invest more effort in designing an economic policy loan when faced with a left-wing...