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Pension funds’ performance in strongly regulated industries in Central Europe : evidence from Poland and Hungary
Bohl, Martin T.; Lischewski, Judith; Voronkova, Svitlana - 2010
characterized by strong regulation of their private pension fund industries. Thus, the paper extends the literature which has so far … mostly focused on performance of pension fund industries facing no or limited regulation. We find that the performance of … fund management ; investment and performance regulation ; performance measurement ; Central European stock markets …
Persistent link: https://www.econbiz.de/10008665401
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Latin versus European power : a tale of two market reforms
Mennel, Tim (contributor);  … - 2007
, enacting regulation to ensure household consumer protection and security of supply. …
Persistent link: https://www.econbiz.de/10003608096
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To raise or not to raise? : impact assessment of Russia’s incremental gas price reform
Heyndrickx, Christophe; Alexeeva-Talebi, Victoria; … - 2012
The growing momentum for gas price liberalization in Russia is increasingly constrained by fears of potentially strong adverse impact that market-based price setting principle will have on the economy. Based on a novel multi-regional, multi-sector and multi-household computable general...
Persistent link: https://www.econbiz.de/10009575382
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A vision of the European energy future? : the impact of the German response to the Fukushima earthquake
Grossi, Luigi; Heim, Sven; Waterson, Michael - 2014
The German response to the Fukushima nuclear power plant incident was possibly the most significant change of policy towards nuclear power outside Japan, leading to a sudden and very significant shift in the underlying power generation structure in Germany. This provides a very useful natural...
Persistent link: https://www.econbiz.de/10010388537
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Facility- and service-based competition and investment in fixed broadband networks : lessons from a decade of access regulations in the European Union member states
Briglauer, Wolfgang; Gugler, Klaus; Haxhimusa, Adhurim - 2015
This paper employs firm-level panel data of 57 incumbent and entrant firms for 23 European countries in the decade from 2003 to 2012. We examine the impact of service- and facility-based competition on firm-level investment as well as the strategic effects underlying infrastructure investment...
Persistent link: https://www.econbiz.de/10011300640
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How to fill the digital gap? : the (limited) role of regulation
Briglauer, Wolfgang; Cambini, Carlo; Melani, Sauro - 2016
This paper provides evidence on the migration from an “old” technology to a “new” technology, taking into account the impact that regulatory interventions on the old one might have on the incentives to invest and adopt the new one. This analysis has been applied to a sample of EU27...
Persistent link: https://www.econbiz.de/10011409765
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How do drug prices respond to a change from external to internal reference pricing? : evidence from a Danish regulatory reform
Kaiser, Ulrich; Mendez, Susan J. - 2015 - This version: January 5, 2015
We study the effects of a change in the way patient reimbursements are calculated on the prices of pharmaceuticals using quasi-experimental data for Denmark which switched from external (where reimbursements are based on prices of similar products in foreign countries) to internal reference...
Persistent link: https://www.econbiz.de/10010462523
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The impact of alternative public policies on the deployment of new communications infrastructure : a survey
Briglauer, Wolfgang; Frübing, Stefan; Vogelsang, Ingo - 2015
, deregulatory policies including soft regulation are the dominant policy in “black” areas, where several independent infrastructure …
Persistent link: https://www.econbiz.de/10010462525
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Ex post regulation facilitates collusion
Beschorner, Patrick Frank Ernst (contributor) - 2008
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/10003784608
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Blockholdings and corporate governance in the EU banking sector
Köhler, Matthias (contributor) - 2008
Ownership structures widely differ across the EU. While large blockholdings dominate in the banking sector in Continental Europe, ownership is widely dispersed in the United Kingdom. These differences have consequences for corporate governance in the EU banking sector. This paper analyzes the...
Persistent link: https://www.econbiz.de/10003793860