productivity across sectors exhibits weak correlation. While previous work examined production complementarity, our analysis … production and a low marginal cost of replication, sectors can share the cost to forecast their sector-specific productivity …

effects of bank regulation and the impact of deregulation. We find that where entry was more restricted the cost of credit was … deregulation raises above the level present in more competitive markets, suggesting that the pre-existing conditions severely …

process of interstate bank deregulation that lowered barriers to competition across U.S. states over the 1980s and 1990s with …

manufacturing production. Labor market reform is modeled as a reduction in firing costs and/or unemployment benefits. We find that … business cycle conditions at the time of deregulation significantly affect adjustment. A reduction of firing costs entails …

Using comprehensive loan-level data in China, we investigate how the deregulation on bank entry barriers alters local … deregulation are adversely mitigated by entrant banks’ preferences for lending to SOEs over more productive private firms. This …

The wave of crises that began in 2008 reheated the debate on market deregulation as a tool to improve economic … policy to reduce transition costs. Third, deregulation reduces static and dynamic inefficiencies, making price stability more … desirable. International synchronization of reforms can eliminate policy tradeoffs generated by asymmetric deregulation …