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The unemployment impact of product and labour market regulation : evidence from European countries
Piton, Céline; Rycx, François - 2018
This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and a large set of covariates, results show that product market...
Persistent link: https://www.econbiz.de/10011871988
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Privatisation in developing countries : what are the lessons of recent experience?
Estrin, Saul; Pelletier, Adeline - 2016
This paper reviews recent empirical evidence on privatisation in developing countries. Particular emphasis is placed on new areas of research such as the distributional impacts of privatisation. Overall, the literature now reflects a more cautious and nuanced evaluation of privatisation. Thus it...
Persistent link: https://www.econbiz.de/10011571943
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The impact of regulation on innovation
Aghion, Philippe; Bergeaud, Antonin; Van Reenen, John - 2021
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 …
Persistent link: https://www.econbiz.de/10012431121
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Linking retail electricity pricing and the decarbonisation of the energy sector: a microeconomic approach
Mastrandrea, Linda - 2021
In this paper we address the problem of policy coordination in the electricity sector when the supply side is subject to a carbon constraint. We specifically evaluate the link between retail electricity pricing and GHG emissions reduction. Moreover, we incorporate in the analysis both the...
Persistent link: https://www.econbiz.de/10012697523
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Towards renewable electricity in Europe : an empirical analysis of the determinants of renewable electricity development in the European Union
Mac Domhnaill, Ciarán; Ryan, Lisa - 2018
The twenty-first century must see a decarbonisation of electricity production to mitigate the flow of greenhouse gas emissions into the atmosphere. This paper presents an econometric analysis of the factors that motivate the use of renewable energy in electricity production using panel data from...
Persistent link: https://www.econbiz.de/10011964362
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Labour market regulation in the EU-15 : causes and consequences - a survey
Siebert, William S. (contributor) - 2006
efficiency arguments are questionable, because of the disemployment effects of strict regulation. Regulation is better explained … rationally desires strict regulation to divert rent from other groups such as the skilled workers and the unemployed. Legal … tradition. Given a predisposition to intervene, these countries begin with some degree of labour regulation, which then creates …
Persistent link: https://www.econbiz.de/10003497972
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When banks strategically react to regulation : market concentration as a moderator for stability
Schliephake, Eva - 2013
Persistent link: https://www.econbiz.de/10010197094
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Capital-market effects of securities regulation : the role of implementation and enforcement
Christensen, Hans B.; Hail, Luzi; Leuz, Christian - 2010
Persistent link: https://www.econbiz.de/10010434750
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Regulating the doom loop
Alogoskoufis, Spyros; Langfield, Sam - 2018
Euro area governments have committed to break the doom loop between bank risk and sovereign risk. But policymakers have not reached consensus on whether and how to reform the regulatory treatment of banks' sovereign exposures. To inform policy discussions, this paper simulates portfolio...
Persistent link: https://www.econbiz.de/10011978559
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Evaluating macroprudential policies
Buch, Claudia M.; Vogel, Edgar; Weigert, Benjamin - 2018
Macroprudential policy is a relatively new policy field. Its goal is to preserve financial stability and to prevent the build-up of systemic risk that may have adverse effects for the functioning of the financial system and for the real economy. New institutions have been tasked with the...
Persistent link: https://www.econbiz.de/10011978687