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Cacciatore, Matteo - 2016

business cycle conditions at the time of deregulation significantly affect adjustment. A reduction of firing costs entails …

Persistent link: https://www.econbiz.de/10012994915

From Nothing to Too Much : Regulatory Reform in Greece

Hatzis, Aristides N.; Nalpantidou, Sonia - 2013

After many years of an impasse in attempts to introduce Regulatory Impact Assessment to Greece the Greek Prime Minister announced in July of 2006 the introduction of a very ambitious Integrated Impact Assessment on the economy, the society and the environment. The model presented was at the same...

Persistent link: https://www.econbiz.de/10014221615

Short-Term Pain for Long-Term Gain : Market Deregulation and Monetary Policy in Small Open Economies

Cacciatore, Matteo - 2015

This paper explores the effects of labor and product market reforms in a New Keynesian, small open economy model with labor market frictions and endogenous producer entry. We show that it takes time for reforms to pay off, typically at least a couple of years. This is partly because the benefits...

Persistent link: https://www.econbiz.de/10013010295

The Church vs the Mall : What Happens When Religion Faces Increased Secular Competition?

Gruber, Jonathan - 2006

Recently economists have begun to consider the causes and consequences of religious participation. An unanswered question in this literature is the effect upon individuals of changes in the opportunity cost of religious participation. In this paper we identify a policy-driven change in the...

Persistent link: https://www.econbiz.de/10012779615

Impulsive Consumption and Financial Wellbeing : Evidence from an Increase in the Availability of Alcohol

Ben-David, Itzhak - 2017

Increased availability of alcohol may harm individuals if they have present-focused preferences and consume more than initially planned. Using a nationwide experiment in Sweden, we study the credit behavior of low-income households around the expansion of liquor stores' operating hours on...

Persistent link: https://www.econbiz.de/10012960513

Differentiation Strategy and Market Deregulation : Local Telecommunication Entry in the Late 1990s

Greenstein, Shane M.; Mazzeo, Michael - 2021

The authors examine the role of differentiation strategies for entry behavior in markets for local telecommunication services in the late 1990s. Whereas the prior literature has used models of interaction among homogenous firms, this research is motivated by the claim of entrants that they...

Persistent link: https://www.econbiz.de/10013243919

Input Constraints and the Efficiency of Entry : Lessons from Cardiac Surgery

Cutler, David M. - 2010

Prior studies suggest that, with elastically supplied inputs, free entry may lead to an inefficiently high number of firms in equilibrium. Under input scarcity, however, the welfare loss from free entry is reduced. Further, free entry may increase use of high-quality inputs, as oligopolistic...

Persistent link: https://www.econbiz.de/10013151395

How Do Hospitals Respond to Market Entry? Evidence from a Deregulated Market for Cardiac Revascularization

Li, Suhui - 2013

Regulatory entry barriers to hospital service markets, namely Certificate of Need (CON) regulations, are enforced in many states; although no longer federally mandated, policy makers in other states are considering reinstating CON policies in tandem with service expansions mandated under the...

Persistent link: https://www.econbiz.de/10013084146

These are the Good Old Days : Foreign Entry and the Mexican Banking System

Haber, Stephen H. - 2013

In 1997, the Mexican government reversed long-standing policies and allowed foreign banks to purchase Mexico's largest commercial banks and relaxed restrictions on the founding of new, foreign-owned banks. The result has been a dramatic shift in the ownership structure of Mexico's banks. For...

Persistent link: https://www.econbiz.de/10013088399

Deregulation, Misallocation, and Size : Evidence from India

Alfaro, Laura - 2014

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 … regressions reveal that the distributional effects of deregulation on firm size are significantly non-linear. The size …

Persistent link: https://www.econbiz.de/10013064852