effects of reforms lowering barriers to entry and dismissal costs. Our estimates show that both policies induce non …

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 … intensity per firm rather than just a misallocation towards smaller firms and lower entry. We generalize the theory to allow for …

We analyze how an entry regulation that imposes a mandatory educational standard affects entry into self-employment and … Germany after reunification. Consistent with our expectations, we find that entry regulation reduces entry into self … changes after unforeseen economic shocks. -- Entry regulation ; self-employment ; occupational mobility …

. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …

and allocations. -- asking prices ; competing mechanism design ; auctions with entry ; competitive search …

on existing theories of competition in markets with adverse selection. -- Asymmetric information ; competition ; adverse …

has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to … ; competition …