Productivity

• Natural Monopoly and Distorted Competition: Evidence from Unbundling Fiber-Optic Networks

  Staff Working Paper 2012-26 Naoaki Minamihashi

  Can regulation solve problems arising from a natural monopoly? This paper analyzes whether “unbundling,” referring to regulations that enforce sharing of natural monopolistic infrastructure, prevents entrants from building new infrastructure.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): Market structure and pricing, Productivity JEL Code(s): K, K2, K23, L, L4, L43, L9, L96
• May 29, 2012

  Output Gap

  Defines this key economic indicator and explains its importance for monetary policy.

  Content Type(s): Explainers Topic(s): Productivity