This paper reviews post-crisis financial regulatory reforms, examines how they fit together and identifies open issues. Specifically, it takes stock of the salient new features of bank and CCP international standards within a unified analytical framework. The key notion in this framework is...

We explain the recent events in the German market for online access using a model of a regulated monopoly renting phone lines to retailers. Retailers offer either a linear or a flat tariff to consumers. Consumer heterogeneity leads to adverse selectiion. We show why market entry for flatrate...

Dieser Beitrag illustriert theoretische Argumente zu den Charakteristika vergangener und gegenwaertiger Globalisierungsprozesse am Beispiel des (ehemaligen) MAN-Produktionsstandortes Steyr. Dabei wird gezeigt, wie sich allgemeine Dynamiken verstärkter internationaler Eigentumskonzentration und...