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Capital Regulation and Credit Risk Taking : Empirical Evidence from Banks in Emerging Market Economies

Godlewski, Christophe - EconWPA - 2004

impact of capital regulation on banks’ behavior. We also show empirical evidence on the role of the regulatory, institutional …

Persistent link: https://www.econbiz.de/10005076943

The Misallocation of Resources of Anticipated Inflation

Frenkel, Michael; Mehrez, Gil - EconWPA - 1997

This paper analyzes the effects of anticipated inflation on the resource allocations between production and financial services. We develop a model with heterogeneous workers and two sectors economy. A manufacturing sector producing a final composite good and a financial sector providing monetary...

Persistent link: https://www.econbiz.de/10005126418

Do efficient banking sectors accelerate economic growth in transition countries?

Koivu, Tuuli - EconWPA - 2002

The relationship between financial sector and economic growth in transition countries has been largely ignored in the earlier empirical literature. In this paper, we analyse the finance-growth nexus using a fixed-effects panel model and unbalanced panel data from 25 transition countries during...

Persistent link: https://www.econbiz.de/10005561315

New Labor Legislation in Montenegro – Labor Law and Proposal of the General Collective Agreement

Krsmanovic, Ana - EconWPA - 2004

A key area of focus in the economic reform process and the design of a favorable business environment is labor market legislation. Montenegro has obviously failed in this area. After nearly 13 years since the beginning of the transition process, or five years since the beginning of Economic...

Persistent link: https://www.econbiz.de/10005076510

The Uneasy Case for the Flat Tax

Buckley, Francis; Rasmusen, Eric - EconWPA - 1999

There is a secret paradox at the heart of social contract theories. Such theories assume that, because personal security and private property are at risk in a state of nature, subjects will agree to grant Leviathan a monopoly of violence. But what is to prevent Leviathan from turning on his...

Persistent link: https://www.econbiz.de/10005076588

Of Regulatory Law

Carloff, Andy - EconWPA - 2005

Some thoughtful questions and linear answers to the economic, social, and political consequencs that comes with restrictive regulating laws. 'Regulatory law is where Socialism meets Liberalism; or what might be called the highest form of Liberalism, the lowest form of Socialism.'

Persistent link: https://www.econbiz.de/10005076636

Policy Reform in Networks Infrastructure: The Case of Mexico

Tovar-Landa, Ramiro - EconWPA - 1997

This paper addresses the recent Mexico experience in the opening to competition in networks infrastructure mainly in the telecommunications sector. In spite of deregulation and privatization policies in the recent past, there are threats from regulatory failures which create obstacles in the...

Persistent link: https://www.econbiz.de/10005076639

Understanding Regulatory Environments and their Impact on Economic Change

James, Harvey; Johnson, Derek - EconWPA - 2002

, conduct, and attribute regulation. The standard we use to evaluate the efficiency and effectiveness of regulations creating …

Persistent link: https://www.econbiz.de/10005076905

Revolutionary Ideas for Radio Regulation

Galbi, Douglas A. - EconWPA - 2003

. To get needed, radical changes in radio regulation, much more attention should be directed toward central issues of … that can revolutionize radio regulation. Bringing this knowledge to life in the field of radio regulation involves asking … three questions. First, what is a good separation and balance of powers in radio regulation? Second, how should radio …

Persistent link: https://www.econbiz.de/10005126024

A Proposal to Promote Local Competition: The LoopCo Plan

Morris, Roy - EconWPA - 1998

The LoopCo Plan, which uses market mechanisms to promote competition, is the best approach to restructuring the telecommunications market, say its proponents, who object to the requirements and to-date implementation of the Telecommunications Act of l996. The local-loop's spin-off 's consumer...

Persistent link: https://www.econbiz.de/10005126025

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