implementation of the Market Abuse Directive (European Union Directive 2003/6/EC), which strengthens the existing regulation in the … Netherlands. We show that the new regulation reduced the information content of sales by top executives. …

rating agency and the bank corrupts rating quality, rating-independent regulation enhances welfare. The welfare benefits are …

This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … in other “safe” countries will impose tighter regulation. As a result, governments in risky countries get to borrow more …

We develop a simple model of banking regulation with two policy instruments: minimum capital requirements and … regulation. Therefore, countries are better off by harmonising regulation on an international standard. …

The paper aims at empirically investigating the relationship between regulation and the capital structure of the …

We study the nature of individual demands for environmental regulation and for trade openness in the general … respect to the stringency of regulation. Moreover, even though trade has the potential to benefit everyone, the poor may … oppose trade openness because of a concern that laxer environmental regulation will then be imposed in the interest of the …

-earners and profit-earners lobby the government for taxation and labour market regulation, and labour market legislation must be … regulation in the labour market. In such a case, the political equilibrium is characterized by strong union power and right …

subsequently quit. Regulation of apprenticeship length (a historically important feature) enhances efficiency. Appropriate …