If your parents are constantly meddling in your life and you would like them to give you a little more freedom, you might consider asking them for deregulation. Your vocabulary might just impress them enough to grant it.Definitions of deregulation noun the act of freeing from regulation (...
Japan's once-booming economy has been sluggish, mainly as a result of deflation and decreased productivity, according to international economics experts at Rice University's Baker Institute for Public Policy. In a new issue brief, the experts argue that without pushing deregulation, the Japanese eco...
innovation. A broad literature has developed in economics evaluating this transformation from both theoretical and empirical perspectives. Among the markets that have received the most attention are airlines, financial services, telecommunications, transportation and ...
To better illustrate the meaning of changes in complexity across cohorts, Fig. 2 shows the distribution of the complexity index amongst workers according to intervals computed with respect to the value of one or more standard deviations of such an index over the total sample (SD = 0.074)....
However, as a result of ignoring fixed costs, the overall level of the incumbent’s profit has no meaning. Nevertheless, this is not a problem since we are only interested in the relative comparison between scenarios. Note also that we can compare profit and consumer surplus on a relative ...
As far as the mortgage fraud thing, one out of every 109, that's definitely an uptick, but that's not enough to set off housing crisis 2.0. The thing to point out with that is, most of the fraud we're seeing is income-related, meaning people getting fake pay stubs and things...