Download Full eBooks in PDF
The Change In Social Welfare From Deregulation Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of The Change In Social Welfare From Deregulation book. This book definitely worth reading, it is an incredibly well-written.
Author : Alice Gerster Breed
Publisher : Ayer Publishing
Page : 155 pages
File Size : 40,9 Mb
Release : 1979-01-01
Category : Business & Economics
ISBN : 0405119860
This doctoral dessertation examines the change in social welfare under the hypothesis that deregulation of the natural gas industry would result in a oligarchy instead of a monopoly.
Author : Davita Silfen Glasberg,Dan Skidmore
Publisher : Routledge
Page : 172 pages
File Size : 44,9 Mb
Release : 1997
Category : Business & Economics
ISBN : 0202305619
An examination of the savings and loan crisis and subsequent bailout reveals that the welfare state is a dynamic process: the bailout is an extension of a larger process of state projects for economic intervention that began with banking regulation following the Great Depression of the 1930s, and continued with the Chrysler bailout legislation in 1979 and the Garn-St. Germain Act of 1982, which deregulated the banking industry. In viewing the welfare state as a power process involving shifts in relative emphases on corporate and social welfare policies and expenditures, this book provides both central case studies and a new conceptual framework for policy debates on "welfare as we know it."
Author : Martha Derthick,Paul J. Quirk
Publisher : Brookings Institution Press
Page : 284 pages
File Size : 48,9 Mb
Release : 2001-06-07
Category : Business & Economics
ISBN : 0815723040
The standard wisdom among political scientists has been that "iron triangles" operated among regulatory agencies, the regulated industries, and members of Congress, all presumably with a stake in preserving regulation that protected the industries from competition. Despite almost unanimous agreement among economists that such regulation was inefficient, it seemed highly unlikely that deregulation could occur. Yet between 1975 and 1980 major deregulatory changes that strongly favored competition did take place in a wide range of industries. The results are familiar to airline passengers, users of telephone service, and trucking freight shippers, among others. Martha Derthick and Paul J. Quirk ask why this deregulation happened. How did a diffuse public interest prevail over the powerful industry and union interests that sought to preserve regulation? Why did the regulatory commissions, which were expected to be a major obstacle to deregulation, instead take the initiative on behalf of it? And why did influential members of Congress push for even greater deregulation? The authors concentrate on three cases: airlines, trucking, and telecommunications. They find important similarities among the cases and discuss the implications of these findings for two broader topics: the role that economic analysis has played in policy change, and the capacity of the American political system for transcending narrow interests.
Author : Mr.Romain A Duval,Davide Furceri,João Tovar Jalles
Publisher : International Monetary Fund
Page : 44 pages
File Size : 52,5 Mb
Release : 2017-12-14
Category : Business & Economics
ISBN : 9781484333013
This paper explores the short-term employment effect of deregulating job protection for regular workers and how it varies with prevailing business cycle conditions. We apply a local projection method to a newly constructed “narrative” dataset of major regular job protection reforms covering 26 advanced economies over the past four decades. The analysis relies on country-sector-level data, using as an identifying assumption the fact that stringent dismissal regulations are more binding in sectors that are characterized by a higher “natural” propensity to regularly adjust their workforce. We find that the responses of sectoral employment to large job protection deregulation shocks depend crucially on the state of the economy at the time of reform——they are positive in an expansion, but become negative in a recession. These findings are consistent with theory, and are robust to a broad range of robustness checks including an Instrumental Variable approach using political economy drivers of reforms as instruments. Our results provide a case for undertaking job protection reform in good times, or for designing it in ways that enhance its short-term impact.
Author : Clifford Winston,Thomas M. Corsi,Curtis M. Grimm
Publisher : Brookings Institution Press
Page : 92 pages
File Size : 41,6 Mb
Release : 2010-12-01
Category : Business & Economics
ISBN : 0815714386
For close to 100 years, America's surface freight industries, primarily rail and trucking, operated under the protective wing of the U.S. government. In 1980 Congress, finding vast inefficiencies in the two industries, substantially deregulated both, opening them at last to market competition. Deregulation has brought with it many changes—for firms within the industries, for their labor force, and for shippers and their customers. Clifford Winston, Thomas M. Corsi, Curtis M. Grimm, and Carol A Evans provide a comprehensive evaluation of the effect of the deregulation legislation on the rail and trucking industries. According to the authors, deregulation has made substantial progress in solving the two most vexing problems of the surface freight transportation industry—excessive rates in the trucking industry and insufficient returns on investment in the rail industry. Competition and efficiency have returned to both industries, and although the labor force in each has suffered wage and job losses, shippers and their customers have gained roughly $20 billion a year in benefits. The authors recommend policies that would continue to promote competition and the efficient use of highway and railway infrastructure.
Author : Steven Morrison,Clifford Winston
Publisher : Brookings Institution Press
Page : 100 pages
File Size : 47,6 Mb
Release : 2010-12-01
Category : Business & Economics
ISBN : 0815708068
In 1938 the U.S. Government took under its wing an infant airline industry. Government agencies assumed responsibility not only for airline safety but for setting fares and determining how individual markets would be served. Forty years later, the Airline Deregulation Act of 1978 set in motion the economic deregulation of the industry and opened it to market competition. This study by Steven Morrison and Clifford Winston analyzes the effects of deregulation on both travelers and the airline industry. The authors find that lower fares and better service have netted travelers some $6 billion in annual benefits, while airline earnings have increased by $2.5 billion a year. Morrison and Winston expect still greater benefits once the industry has had time to adjust its capital structure to the unregulated marketplace, and they recommend specific public polices to ensure healthy competition.
Author : Anonim
Publisher : Palgrave Macmillan
Page : 0 pages
File Size : 46,5 Mb
Release : 2018-05-04
Category : Business & Economics
ISBN : 0230537219
The Palgrave Encyclopedia of Strategic Management has been written by an international team of leading academics, practitioners and rising stars and contains almost 550 individually commissioned entries. It is the first resource of its kind to pull together such a comprehensive overview of the field and covers both the theoretical and more empirically/practitioner oriented side of the discipline.
Author : Bela Galgoczi
Publisher : ETUI
Page : 227 pages
File Size : 55,8 Mb
Release : 2012
Category : Climatic changes
ISBN : 9782874522499
How the objective of a resource-efficient low carbon economy is to be reached and how the transition is managed are the key issues addressed by this publication. The two main focuses are industrial policy and employment prospects on the road to a green economy that retains its industrial base. Any lasting recovery of the real economy will necessarily take the shape of a more resource-efficient production model. While we argue that only a more ambitious and comprehensive European climate policy framework would have a chance of delivering the broader 2050 climate targets, this does not mean that Europe has to give up its industrial base and its related competences. Several chapters of this book argue that the option of attaining a low-carbon economy through ‘deindustrialisation’ would prevent Europe from preserving its competitiveness and knowledge base, which are also essential for exploiting the potential of the emerging eco-industry. While decoupling economic growth from resource use is also possible with an industrial base that is more energy-and resource-efficient, this does require a fundamental shift in terms of how the economy is managed and how business decisions are made. Sustainable industrial and structural policies are needed also in order to ensure that this revolutionary process takes place in a socially balanced manner.
Author : Nick Ellison
Publisher : Routledge
Page : 238 pages
File Size : 41,9 Mb
Release : 2006-04-07
Category : Computers
ISBN : 9781134765706
'Globalization', institutions and welfare regimes -- The challenge of globalization -- Globalization and welfare regime change -- Towards workfare? : changing labour market policies -- Labour market policies in social democratic and continental regimes -- Population ageing, GEPs and changing pensions systems -- Pensions policies in continental and social regimes -- Conclusion : welfare regimes in a liberalizing world.
Author : Mr.Anton Korinek,Mr.Jonathan Kreamer
Publisher : International Monetary Fund
Page : 42 pages
File Size : 44,7 Mb
Release : 2013-12-17
Category : Business & Economics
ISBN : 9781475546088
Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the distributive implications of financial regulation center stage. We develop a model in which the financial sector benefits from risk-taking by earning greater expected returns. However, risktaking also increases the incidence of large losses that lead to credit crunches and impose negative externalities on the real economy. We describe a Pareto frontier along which different levels of risktaking map into different levels of welfare for the two parties. A regulator has to trade off efficiency in the financial sector, which is aided by deregulation, against efficiency in the real economy, which is aided by tighter regulation and a more stable supply of credit. We also show that financial innovation, asymmetric compensation schemes, concentration in the banking system, and bailout expectations enable or encourage greater risk-taking and allocate greater surplus to the financial sector at the expense of the rest of the economy.
Author : Catherine Pélissier Kingfisher
Publisher : Philadelphia : PENN/University of Pennsylvania Press
Page : 242 pages
File Size : 53,5 Mb
Release : 2002
Category : Political Science
ISBN : UOM:39015055929411
Western Welfare in Decline explores the plight of poor single mothers in five English-speaking countries that have implemented welfare restructuring: the United States, Canada, Britain, and New Zealand.
Author : Herbert G. Grubel
Publisher : Unknown
Page : 164 pages
File Size : 47,7 Mb
Release : 1983
Category : Business enterprises
ISBN : UOM:39015046358845
Author : Gabriele Ciminelli,Mr.Romain A Duval,Davide Furceri
Publisher : International Monetary Fund
Page : 72 pages
File Size : 51,8 Mb
Release : 2018-08-16
Category : Business & Economics
ISBN : 9781484373729
Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of 26 advanced economies over the period 1970-2015, using a newly constructed dataset of major reforms to employment protection legislation for regular contracts. We apply the local projection method to estimate the dynamic response of the labor share to our reform events at both the country and the country-industry levels. For the latter, we employ a differences-in-differences identification strategy using two identifying assumptions grounded in theory—namely that job protection deregulation should have larger negative effects in industries characterized by (i) a higher “natural” propensity to adjust the workforce, and (ii) a lower elasticity of substitution between capital and labor. We find a statistically significant, economically large and robust negative effect of deregulation on the labor share. In particular, illustrative back-of-the-envelope calculations suggest that job protection deregulation may have contributed about 15 percent to the average labor share decline in advanced economies. Together with existing evidence regarding the macroeconomic gains from job protection and other labor market reforms, our results also point to the need for policymakers to address efficiency-equity trade-offs when designing such reforms.
Author : Marc Allen Eisner
Publisher : Taylor & Francis
Page : 292 pages
File Size : 46,9 Mb
Release : 2017-02-24
Category : Political Science
ISBN : 9781317293293
Regulatory change is typically understood as a response to significant crises like the Great Depression, or salient events that focus public attention, like Earth Day 1970. Without discounting the importance of these kinds of events, change often assumes more gradual and less visible forms. But how do we ‘see’ change, and what institutions and processes are behind it? In this book, author Marc Eisner brings these questions to bear on the analysis of regulatory change, walking the reader through a clear-eyed and careful examination of: the dynamics of regulatory change since the 1970s social regulation and institutional design forms of gradual change – including conversion, layering, and drift gridlock, polarization, and the privatization of regulation financial collapse and the anatomy of regulatory failure Demonstrating that transparency and accountability – the hallmarks of public regulation – are increasingly absent, and that deregulation was but one factor in our most recent significant financial collapse, the Great Recession, this book urges readers to look beyond deregulation and consider the broader political implications for our current system of voluntary participation in regulatory programs and the proliferation of public-private partnerships. This book provides an accessible introduction to the complex topic of regulatory politics, ideal for upper-level and graduate courses on regulation, government and business, bureaucratic politics, and public policy.
Author : Nathalie Morel,Bruno Palier,Joakim Palme
Publisher : Policy Press
Page : 402 pages
File Size : 52,5 Mb
Release : 2012
Category : Political Science
ISBN : 9781847429247
Since the late 1990s, new strategies concerning the role and shape of welfare states have been formulated, many of which are guided by a logic of social investment. This book maps out this new perspective and assesses both its achievements and shortcomings. In doing so, it provides a critical analysis of social investment ideas and policies and opens up for discussion many of Europe's most pressing concerns--such as an aging population, the current economic crisis, and environmental issues-- and whether social investment can provide adequate responses to these challenges.