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Randomized Regulation : The Impact of Minimum Quality Standards on Health Markets
Bedoya Arguelles, Guadalupe; Das, Jishnu; Dolinger, Amy - 2023
Persistent link: https://www.econbiz.de/10014356919
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Do Regulations Based on Credit Ratings Affect a Firm's Cost of Capital?
Kisgen, Darren J. - 2010
;DBRSquot;), for use in bond investment regulations. After DBRS certification, bond yields change in the direction implied by the firm … that ratings-based regulations on bond investment affect a firm's cost of debt capital …
Persistent link: https://www.econbiz.de/10012757538
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Regulation and Distrust
Aghion, Philippe - 2010
In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation, while regulation in turn discourages social capital...
Persistent link: https://www.econbiz.de/10012757998
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Media Versus Special Interests
Dyck, I. J. Alexander - 2010
We argue that profit-maximizing media help overcome the problem of quot;rational ignorancequot; highlighted by Downs (1957) and in so doing make elected representatives more sensitive to the interests of general voters. By collecting news and combining it with entertainment, media are able to...
Persistent link: https://www.econbiz.de/10012758344
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Indexed Regulation
Newell, Richard G. - 2010
Seminal work by Weitzman (1974) revealed prices are preferred to quantities when marginal benefits are relatively flat compared to marginal costs. We extend this comparison to indexed policies, where quantities are proportional to an index, such as output. We find that policy preferences hinge...
Persistent link: https://www.econbiz.de/10012759315
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Assessing Job Flows Across Countries : The Role of Industry, Firm Size and Regulations
Haltiwanger, John - 2010
This paper analyzes job flows in a sample of 16 industrial and emerging economies over the past decade, exploiting a harmonized firm-level dataset. It shows that industry and firm size effects (and especially firm size) account for a large fraction in the overall variability in job flows....
Persistent link: https://www.econbiz.de/10012759408
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Product Market Regulation and Market Work : A Benchmark Analysis
Fang, Lei - 2010
examine the effect of product market regulations on hours worked in a benchmark aggregate model of time allocation. We find … that product market regulations affect time devoted to market work in effectively the same fashion as do taxes on labor … income or consumption. In particular, if product market regulations are to affect aggregate market work in this model the key …
Persistent link: https://www.econbiz.de/10012760396
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Regulation - the Corridor to Liberalization : The Experience of the Israeli Phone Market 1984-2005
Gronau, Reuben - 2010
An important part of the literature on regulatory economics is based on the US experience, where a well-established regulator faces a privately owned monopoly. It is sometimes forgotten that this model does not apply in many places where a newly established regulator faces a government owned, or...
Persistent link: https://www.econbiz.de/10012760613
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The Effectiveness of Cigarette Regulations in Reducing Cases of Sudden Infant Death Syndrome
Markowitz, Sara - 2010
Sudden Infant Death Syndrome is a leading cause of mortality among infants and is responsible for thousands of infant deaths every year. Prenatal smoking and postnatal environmental smoke have been identified as strong risk factors for SIDS. Given the link between smoking and SIDS, this paper...
Persistent link: https://www.econbiz.de/10012760641
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The Effect of State Community Rating Regulations on Premiums and Coverage in the Individual Health Insurance Market
Herring, Bradley - 2010
Some states have implemented community rating regulations to limit the extent to which premiums in the individual … these laws led to adverse selection. In some sense, the extent to which these regulations ultimately affected the individual … regulations. While we find that people living in unregulated states with higher expected expense due to chronic health conditions …
Persistent link: https://www.econbiz.de/10012760664