regulation therefore aims at putting in place a financial services framework that will safeguard market processes whilst also … protecting consumers. However, benefits of regulation are accompanied by certain risks, as can be exemplified with the case of … insurance regulation. …

changes to regulation. Using shifting land use regulation boundaries and oil lease prices from Canada, we estimate the effect …Regulation often evolves, and affected consumers or firms may adjust their behavior in anticipation of potential … unregulated leases. Based on our estimates, not accounting for anticipation underestimates the total cost of the regulation by …

Some regulation is needed to enhance growth and economic welfare, but too much undermines productivity. Generally, the …