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generating facilities-based competition in Germany is the cable-broadcasting network. The current developments in the cable …, there is a need for unbundling regulation to foster competition. Improvements to the current open-network regulation …-practices in Germany are suggested. …
Persistent link: https://www.econbiz.de/10010297466
Under ex ante access regulation entrants often claim that access fees are excessive. I show that this is only the case … strictly positive access fee which may exceed the efficient level. Ex post regulation facilitates this type of collusion and …
Persistent link: https://www.econbiz.de/10010298680
This paper considers the impact of European telecom regulation on the value of affected companies. Employing a … repeating ARGARCH model, I compare the effect of three types of regulation which are categorized based on the addressed subject …, i.e. cross-market, country-specific and company-specific regulation. While standard event study approaches are a special …
Persistent link: https://www.econbiz.de/10010303007
On April 1, 2005, Denmark changed the way references prices, a main determinant of reimbursements for pharmaceutical purchases, are calculated. The previous reference prices, which were based on average EU prices, were substituted to minimum domestic prices. Novel to the literature, we estimate...
Persistent link: https://www.econbiz.de/10010302596
In dem vorliegenden Artikel werden ausgewählte theoretische und empirische Aspekte des Zusammenhangs zwischen Existenzgründungen, staatlichem Handeln und Beschäftigung diskutiert. Dabei wird die Frage, ob Existenzgründungen zusätzliche Beschäftigung schaffen überwiegend aus einer...
Persistent link: https://www.econbiz.de/10010297483
einer Regulierung gestellt. Die "Informationsherrschaft" hat dabei verschiedene Seiten: Zum einen kann die unbegrenzte … diese Interessen gegeneinander abwägen. Mit der "Regulierung" gegenläufiger informationeller Interessen obliegt ihnen eine … öffentliche Regulierungsfunktion zuzuweisen. In diesem Artikel sprechen wir uns gegen eine solche ex-ante-Regulierung aus. Das …
Persistent link: https://www.econbiz.de/10011553962
market regulation have motivated this quality improvement. In particular we show that this rise in quality is only profitable …
Persistent link: https://www.econbiz.de/10010297983
This paper gives an overview over corporate governance and banking regulation in Germany. Particular attention is put …, some of the recommendations and suggestions made to improve corporate governance in Germany are not legally binding even …
Persistent link: https://www.econbiz.de/10010299931
and regulation schemes on retail electricity prices. We find significantly higher prices in markets with vertically …
Persistent link: https://www.econbiz.de/10010307833
This paper analyzes which factors are driving the ZEW Indicator of Economic Sentiment. Using the results of a poll among survey participants as well as Granger causality tests we identify three groups of influence factors: other sentiment indicators, financial variables and real economy data. In...
Persistent link: https://www.econbiz.de/10010297299