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-black players. This is not a difference across the board but predominantly present at the lower end of the newspaper rating … discrimination. Clubs simply want value for money. Newspaper football experts do seem to have a racial bias in their rating of …
Persistent link: https://www.econbiz.de/10012595313
We exploit the introduction of free banking laws in US states during the 1837-1863 period to examine the impact of removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic stability in this period, we are able to isolate the...
Persistent link: https://www.econbiz.de/10010227307
are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports … activities into the regulation of airport infrastructure charges? This question is addressed in this paper. We discuss basic …
Persistent link: https://www.econbiz.de/10010510068
requiring a higher CSR level by regulation while preserving competition always gives higher within-market welfare. …
Persistent link: https://www.econbiz.de/10012591411
regulation by taking all transaction costs into account which stem from the principal/agent relationship between regulatory … regulated entities – part of these costs can be regarded as the administrative burden of regulation for the private sector – but … society due to e.g. miscommunication on the aims of regulation, and are, of course, hard to quantify. A cost calculation using …
Persistent link: https://www.econbiz.de/10011377583
Institutional barriers to entry were removed to a considerable extent in 1996 in the Dutch retail sector. Three years before that the regulator decided to not take legal actions anymore against entrants violating institutional requirements. In the current analysis we investigate the effects of...
Persistent link: https://www.econbiz.de/10011302129
We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … ask two questions: i) how does capital regulation affect (endogenous) entry; and ii) how do (exogenous) changes in the … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …
Persistent link: https://www.econbiz.de/10011348715
Persistent link: https://www.econbiz.de/10000902272
Persistent link: https://www.econbiz.de/10010191430
When the financial positions of pension funds worsen, regulations prescribe that pension funds reduce the gap between their assets (invested contributions) and their liabilities (accumulated pension promises). This paper quantifies the business cycle effects and distributional implications of...
Persistent link: https://www.econbiz.de/10011869913