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a decentralized way. In our benchmark model the two countries always agree on a centralized regulation policy. In …
Persistent link: https://www.econbiz.de/10013236197
stablecoin issuers raises the challenge of how to apply technology-neutral regulation so that similar risks are subject to the …
Persistent link: https://www.econbiz.de/10013405970
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
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
We explore how changes in capital-based macroprudential regulation in the euro area affect the exposure of national …
Persistent link: https://www.econbiz.de/10013324211
This chapter discusses the basis for and concepts of implementing performance based measures in financial regulation …
Persistent link: https://www.econbiz.de/10012844417
We empirically assess the impact of the EU roaming regulation on mobile operators’ average revenues per user (ARPU) and …-level data we find that the regulation decreased mobile operator’s revenues per user, while it had no impact on tariffs during … the latest phase of the regulation …
Persistent link: https://www.econbiz.de/10013216252
The roam-like-at-home regulation (RLAH) eliminated all mobile roaming surcharges to Eu-ropean consumers travelling … within the European Economic Area (EEA). We measure the causal impact of the regulation on EEA roaming traffic, using the … revenues. To evaluate the welfare effects of the regulation, we develop a framework that includes consumer surplus, retail and …
Persistent link: https://www.econbiz.de/10013211736
In response to the global crisis a number of new institutional measures have been introduced in the fiscal framework, both on the UE and on the member states’ level, and the question is: have these measures provided better fiscal sustainability outcomes? We approach this question by looking at...
Persistent link: https://www.econbiz.de/10012908672
The European Central Bank (ECB) took many measures to combat the eurozone’s rolling financial crisis. For providing desperately scarce dollars to eurozone banks, the ECB relied on the U.S. Federal Reserve. Using a novel econometric framework, we identify financial markets’ response to the...
Persistent link: https://www.econbiz.de/10012892183