Attempts to curb illegal activity through regulation gets complicated when agents can adapt to circumvent enforcement …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …

We analyze how an entry regulation that imposes a mandatory educational standard affects entry into self-employment and … Germany after reunification. Consistent with our expectations, we find that entry regulation reduces entry into self … changes after unforeseen economic shocks. -- Entry regulation ; self-employment ; occupational mobility …

This paper analyzes how policy changes affect shareholder wealth in the context of environmental regulation. We exploit …

contributions to the latter's decisions. Both a shift from national to international regulation and a decrease in trade costs …