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A deregulated market environment in power industries offers utilities or load serving entities the chance to make profit by pursuing a suitable operational strategy. However, the volatility of the real-time market clearing price raises a price risk issue because the load serving entity sells...
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. We find that the mandatory dual audit regime before the deregulation is associated with a lower cost of equity than … voluntary dual audit after the deregulation. Furthermore, the lower cost of equity under the mandatory dual audit regime is …
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argument that the Crisis was caused by deregulation, this article assesses to what extent the financial industry influenced the … legislative process underlying these reforms. The hypothesis is that, during the deregulation process, the financial industry … support deregulation. Providing systematic empirical evidence of capture, the results support the literature labelling the …
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Conventional wisdom suggests that when business regulation is excessive, deregulation should enhance efficiency. The … effects of the Croatian reform, we determine the yearly volume of deregulation measures applicable to each affected sector and … the volume of deregulation measures, we find that deregulation, on average, increased labor productivity but had no effect …
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Conventional wisdom suggests that when business regulation is excessive, deregulation should enhance efficiency. The … effects of the Croatian reform, we determine the yearly volume of deregulation measures applicable to each affected sector and … the volume of deregulation measures, we find that deregulation, on average, increased labor productivity but had no effect …
Persistent link: https://www.econbiz.de/10015193174
We analyze the impact of occupational deregulation on the wages of licensed workers. To do so, we exploit a … deregulation policy in the German craft sector that removed the master certificate as a requirement for starting a business in … about half of the craft occupations. Specifically, we examine the impact of this deregulation policy on the wage premium of …
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