Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

contractual regulation, such as in the domain of consumer protection …

the work force in the developing world in the past two decades. The persistence of large informal sectors throughout the … developing world, including countries with high rates of growth, puts a premium on increasing our knowledge of how informal …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

Does regulation affect the pace and nature of innovation and if so, by how much? We builda tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss.Four-fifths of this loss is due to lower innovation … forchanges in the direction of R&D, and find that regulation's negative effects only matter forincremental innovation (as …