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Since the 2000s, economists across fields have increasingly used consumer credit reporting data for research. We introduce readers to the economics of and the institutional details of these data. Using examples from the literature, we provide practical guidance on how to use these data to...
Persistent link: https://www.econbiz.de/10015051929
) or full (2006) deregulation had any effect in increasing competition, as expected, with the temporal exception in one or … monopolies or to create the effective antitrust regulation like in USA. …
Persistent link: https://www.econbiz.de/10010255264
Purpose – The purpose of this paper is to discuss important aspects concerned with credit risk measurement of SMEs.Methodology - Paper presents theoretical study, based on literature review and summary of findings of similar research papers, which have focused on credit risk assessment of...
Persistent link: https://www.econbiz.de/10013109592
The last decade has witnessed a change to more powerful incentive schemes and the adoption by a large number of regulators of some form of price cap regimes. The efficiency frontiers literature tackles the problem of measuring the X factor in a price cap regime with an RPI-X rule. However, that...
Persistent link: https://www.econbiz.de/10012777909
We examine an environmental policy which may be revisited by a new administration. We allow for pollution to be persistent over time and for uncertainty in next period's environmental policy. When pollution is non-persistent, we show that regulatory uncertainty is inconsequential for output,...
Persistent link: https://www.econbiz.de/10014346056
We use a new regulatory dataset to measure the intensity competition in the UK deposit-taking sector. The novelty of … this study is two-fold. First, the dataset allows us to explore trends in competition intensity over an extended, 24-year …. Second, we take a portmanteau approach and estimate a number of different performance-based competition measures common in …
Persistent link: https://www.econbiz.de/10012978060
lower prices and broader product variety. The present study reveals that those benefits depend on competition in services … strength of competition in services markets. The OECD STRI in telecommunications is found to be associated with a more complete …
Persistent link: https://www.econbiz.de/10012801170
In 1959, Ragnar Frisch prompted Georg Rasch to formalise a separability theorem that continues today to serve as the basis of a wide range of theoretical and applied developments in psychological and social measurement. Previously unnoted are the influences on Rasch exerted by Frisch’s...
Persistent link: https://www.econbiz.de/10013214837
Researchers have long been interested in whether environmental regulations discourage investment, reduce labour demand, or alter patterns of international trade. But estimating those consequences of regulations requires devising a means of measuring their stringency empirically. While creating...
Persistent link: https://www.econbiz.de/10010230664
around legal complexity and regulation …
Persistent link: https://www.econbiz.de/10012966720