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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 crosssection of 120 countries and a...
Persistent link: https://www.econbiz.de/10010294540
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Monopolistic screening under learning by doing
Gärtner, Dennis - 2007
This paper investigates the design of incentives in a dynamic adverse selection framework when agents' production technologies display learning effects and agents' rate of learning is private knowledge. In a simple two-period model with full commitment available to the principal, we show that...
Persistent link: https://www.econbiz.de/10010315563
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Telecommunications regulation and new services: A case study at the state level
Prieger, James E. - 2000
The effects that regulation has on the innovation and the introduction of new telecommunications services have not been … previously quantified in the literature. This study compares state-regulated services in Indiana under rate of return regulation … (RoRR) and under alternative regulation. The econometric model comprises an count process (for innovation) followed by a …
Persistent link: https://www.econbiz.de/10010318609
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Auditor Independence and NAS : A Comparative Analysis of Selected Current Regulatory Frameworks
Islam, Ainul - 2012
There is a widespread public perception that the provision of NAS undermines auditor independence. In order to protect auditor independence, the regulatory frameworks of many countries include regulations and guidelines which auditors are required to observe. This paper provides a comparative...
Persistent link: https://www.econbiz.de/10013107296
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India's platform economy and emerging regulatory challenges
Kathuria, Rajat; Kedia, Mansi; Bagchi, Kaushambi - 2021
The phenomenal rise of the platform economy has reshaped how economies operate across the world. The importance of digital platforms has never been more evident than in combatting the ongoing corona virus (Covid-19) pandemic. Even with the threat of a global recession looming large, technology...
Persistent link: https://www.econbiz.de/10013479031
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Endogeneous regulatory delay and the timing of product innovation
Prieger, James E. - 2005
This paper endogenizes the interplay between innovation by a regulated firm and regulatory delay. When product innovation costs fall over time, an extra day of regulatory delay increases time to introduction by more than a day. In the signaling model, the firm therefore times its innovation to...
Persistent link: https://www.econbiz.de/10010266380
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Regulation, innovation, and the introduction of new telecommunications services
Prieger, James E. - 2000
I examine the effects of FCC regulation on the innovation and introduction of advanced telecommunications services in … the U.S. An interim of lighter regulation provides an experiment to test the regulatory regime''s impact on innovation … would have if the stricter regulation had still been in place. Overall, firms would have introduced 62% more services to …
Persistent link: https://www.econbiz.de/10010318599
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Financial Market Enforcement in France
de Batz, Laure - 2022
This paper puts into perspective enforcement as conducted by the French Financial Market Authority since its creation in 2003 until 2021 with regards to the current state of the literature on financial crimes. We survey exhaustively the three main channels of action: sanctions, settlements...
Persistent link: https://www.econbiz.de/10014547763
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Explicit evidence of an implicit contract
Young, Andrew T.; Levy, Daniel - 2013
We thank three anonymous referees for thoughtful comments and suggestions which we found very constructive and helpful. We are particularly grateful to the editor, Al Klevorick, for his advice and painstaking guidance through the multiple revision process. We thank Robert Barsky, Susanto Basu,...
Persistent link: https://www.econbiz.de/10010336017
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The welfare effects of endogenous quality choice in cable television markets
Crawford, Gregory S.; Shcherbakov, Oleksandr; Shum, Matthew - 2015
We measure the welfare consequences of endogenous quality choice in imperfectly competitive markets. We introduce the concept of a "quality markup" and measure the relative welfare consequences of market power over price and quality. For U.S. paid-television markets during 1997-2006, we find...
Persistent link: https://www.econbiz.de/10011420559