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Regulation in the UK: is it getting too heavy?
Sheehy, John - 2006
Some regulation is needed to enhance growth and economic welfare, but too much undermines productivity. Generally, the …
Persistent link: https://www.econbiz.de/10009668590
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Committees and special interests
Felgenhauer, Mike; Grüner, Hans Peter - 2003
Some committees convene behind closed doors while others publicly discuss issues and make their decisions. This paper studies the role of open and closed committee decision making in presence of external influence. We show that restricting the information of interest groups may reduce the bias...
Persistent link: https://www.econbiz.de/10009635893
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Cooperation in international banking supervision
Holthausen, Cornelia; Rønde, Thomas - 2004
This paper analyzes cooperation between sovereign national authorities in the supervision and regulation of a … multinational bank. We take a political economy approach to regulation and assume that supervisors maximize the welfare of their own … the countries are perfectly aligned, Þrst best closure regulation cannot be implemented; (2) the more aligned the …
Persistent link: https://www.econbiz.de/10009636539
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Institutions and service employment
Messina, Julián - 2004
We live in a service economy, but the extent of development of service employment differs across developed countries. This paper assesses the role of structural factors and institutions in explaining the common patterns and main differences in the recent expansion of service employment in OECD...
Persistent link: https://www.econbiz.de/10009636543
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Pricing payment cards
Bedre-Defolie, Özlem; Calvano, Emilio - 2009
In a payment card association such as Visa, each time a consumer pays by card, the bank of the merchant (acquirer) pays an interchange fee (IF) to the bank of the cardholder (issuer) to carry out the transaction. This paper studies the determinants of socially and privately optimal IFs in a card...
Persistent link: https://www.econbiz.de/10009640439
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Liquidity requirements and payment delays
Schulz, Christian - 2011
The paper presents an analysis of the trade-offs of participants of different type between payment delay and liquidity requirement on the basis of synthetically generated data. The generation of the synthetic transaction data set for a simple RTGS system is described and calibrated using real...
Persistent link: https://www.econbiz.de/10009640617
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Regulatory effects of the amendment to the HwO in 2004 in German craftsmanship
Rostam-Afschar, Davud
Persistent link: https://www.econbiz.de/10011444990
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Risk sharing through financial markets with endogenous enforcement of trades
Köppl, Thorsten V. - 2004
When people share risk in financial markets, intermediaries provide costly enforcement for most trades and, hence, are an integral part of financial marketsu0092 organization. We assess the degree of risk sharing that can be achieved through financial markets when enforcement is based on the...
Persistent link: https://www.econbiz.de/10009636542
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Legislation and regulations on drug trafficking in the EU member states
Decourrière, André - 2001
Persistent link: https://www.econbiz.de/10009637434