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regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
Persistent link: https://www.econbiz.de/10012866557
materialize. Financial regulation encouraging the decarbonization of the banks' balance sheets via tax-subsidy schemes …
Persistent link: https://www.econbiz.de/10012825396
We consider the regulation of national firms in a common market. Regulators can influence the production of national … that supranational competition can have very different consequences on the rent seeking behaviour of firms, depending on …
Persistent link: https://www.econbiz.de/10010264297
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …
Persistent link: https://www.econbiz.de/10012866874
The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...
Persistent link: https://www.econbiz.de/10010271923
. Second, a TV channel might find it optimal to commit to not raising advertising revenue. Third, regulation of the advertising …
Persistent link: https://www.econbiz.de/10010283590
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10010283608
The paper empirically examines the implementation record of international financial regulation of the banking sector … record is particularly strong in countries where large banking sectors and big banks are both present, and where regulation …
Persistent link: https://www.econbiz.de/10012824593
through asset building. The theoretical and empirical results indicate that an increase in the initial level of competition … implies greater export incentive. However, over the life cycle of a firm, the role of competition is impacted by the intensity … of capital accumulation and the initial level of wealth. Greater local competition before the entry of firms in the …
Persistent link: https://www.econbiz.de/10012836956
of multi-homing on both sides is mostly ignored in the literature on competition between two-sided platforms. We help … fill this gap by developing a model for platform competition in a differentiated setting (a Hoteling line), which is …
Persistent link: https://www.econbiz.de/10012840538