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Embedded Supervision : How to Build Regulation into Decentralised Finance

Auer, Raphael - 2022

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

Students are Almost as Effective as Professors in University Teaching

Feld, Jan - 2019

In a previous paper, we have shown that academic rank is largely unrelated to tutorial teaching effectiveness. In this paper, we further explore the effectiveness of the lowest-ranked instructors: students. We confirm that students are almost as effective as senior instructors, and we produce...

Persistent link: https://www.econbiz.de/10012865171

Prioritarianism in Education

Ooghe, Erwin - 2021

I first summarize and critically discuss the different normative views that are operational in the academic literature on education. Afterwards, I analyze how prioritarians would allocate resources in a dynamic model of skill formation and compare it to utilitarians and Rawlsians. I finish with...

Persistent link: https://www.econbiz.de/10013246472

How much sunlight does it take to disinfect a boardroom?: a short history of executive compensation regulation

Dew-Becker, Ian - 2008

This paper reviews the history of executive compensation disclosure and other government policies affecting CEO pay, and as well surveys the literature on the effects of these policies. Disclosure has increased nearly uniformly since 1933. A number of other regulations, including special taxes...

Persistent link: https://www.econbiz.de/10010264423

Regulating national firms in a common market

Biancini, Sara - 2008

We consider the regulation of national firms in a common market. Regulators can influence the production of national …

Persistent link: https://www.econbiz.de/10010264297

The demands for environmental regulation and for trade in the presence of private mitigation

Hotte, Louis; Winer, Stanley L. - 2008

We study the nature of individual demands for environmental regulation and for trade openness in the general … respect to the stringency of regulation. Moreover, even though trade has the potential to benefit everyone, the poor may … oppose trade openness because of a concern that laxer environmental regulation will then be imposed in the interest of the …

Persistent link: https://www.econbiz.de/10010264525

The political economy of regulatory risk

Strausz, Roland - 2010

This paper investigates political uncertainty as a source of regulatory risk. It shows that political parties have incentives to reduce regulatory risk actively: Mutually beneficial pre-electoral agreements that reduce regulatory risk always exist. Agreements that fully eliminate it exist when...

Persistent link: https://www.econbiz.de/10010266082

Corruption and the shadow economy : an empirical analysis

Dreher, Axel; Schneider, Friedrich G. - 2006

This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption and shadow economy are substitutes in high income countries while they are complements in low income countries. The hypotheses are tested for a cross-section of 120 countries and...

Persistent link: https://www.econbiz.de/10010276563

MIMIC models, cointegration and error correction: an application to the French shadow economy

Bühn, Andreas; Schneider, Friedrich G. - 2008

The analysis of economic loss attributed to the shadow economy has attracted much attention in recent years by both academics and policy makers. Often, multiple indicators multiple causes (MIMIC) models are applied to time series data estimating the size and development of the shadow economy for...

Persistent link: https://www.econbiz.de/10010276604

Hurricane insurance in Florida

Jametti, Mario; von Ungern-Sternberg, Thomas - 2009

This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural catastrophes) are typically referred to as uninsurable" risks. The more exposed property owners find it difficult to obtain insurance cover from the private market and/or can...

Persistent link: https://www.econbiz.de/10010276899

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