In Penn Central Transportation Co. v. City of New York the Supreme Court stated that the existence of a regulatory taking would be determined through “essentially ad hoc, factual inquiries,” and that one of three factors of “particular significance” was the economic impact of the...

The paper aims to examine the changes in the rural waste management sector at regional scale since the Romania adhesion to the EU in 2007. Traditional waste management based on the mixed waste collection and waste disposal often on improper sites prevailed in municipal waste management options...

We estimate the effect of city land use regulation on housing prices in the presence of regulatory spillover. The total effect of regulation is decomposed into a direct effect in which regulation lowers housing productivity and an indirect effect in which household location choice mitigates the...

Using data from a survey of top local land-use officials in California, this paper provides a measure of both local regulatory stringency and the degree to which geographic constraints inhibit local development. After exploring differences in regulatory patterns across the state, the index is...

Telecommunications was one of the first markets to become part of what today comprises the regulatory state, shifting risks and rewards towards the private sector, subject to regulation. Parliamentary has oversight of policies, the regulator and subventions from HM Treasury, which are necessary...

This paper aims to review the various forms of state intervention in urban planning, and its purpose is to reconsider guidelines for solving problems in cities, caused by climate change. After World War II, urban planning was guided by centralized state management, in the scope of progress and...

This paper aims to review the various forms of state intervention in urban planning, and its purpose is to reconsider guidelines for solving problems in cities, caused by climate change. After World War II, urban planning was guided by centralized state management, in the scope of progress and...

Staatliche Banken können eine wichtige Rolle bei der Sicherung der Funktionsfähigkeit von Finanzsystemen und für die gesamtwirtschaftliche Entwicklung spielen. Dies gilt offenbar vor allem dann, wenn die Bankenregulierung schwach ist und Banken nicht ausreichend überwacht werden. Die...

Attempts to curb illegal activity by enforcing regulations gets complicated when agents react to the new regulatory regime in unanticipated ways to circumvent enforcement. We present a research strategy that uncovers such reactions, and permits program evaluation net of such adaptive behaviors....

This paper assesses the information content of sanctions of listed companies pronounced by the French Financial Market Authority, through reactions from financial markets over the period 2004 to 2016. We answer whether, for a listed company, being named in a sanction report, as an offender, an...