Communications markets have made much progress towards competition and deregulation in recent years. However, it is increasingly clear, in the age of the Internet and the digital revolution, that much more needs to be done, and that new approaches, both at the Federal Communications Commission...

Numerous studies have demonstrated that investment in telecommunications infrastructure and other forms of information technology is the primary cause of the acceleration in productivity growth, which began in the late 1990s and has continued, unabated, to the present. Economists also recognize...

After more than half a century of monopoly and public utility-type regulation of retail telephone rates, the United States embarked on a path of liberalization in the early 1980s. That process is now nearing completion. However, two areas of telephone service largely remain under traditional...

In recent years, twelve U.S. states have liberalized price controls on basic telephone services, and several others are considering doing so. To assess the impact of these changes, we collected and analyzed a comprehensive data set on basic telephone prices and on the specific characteristics of...