environmental regulation. However, firms may be able to reduce the emissions costs in their home country by investing into low …

crisis, recent advances in global liquidity regulation try to curb the excessive reliance on short-term wholesale funding … regulation may interfere with the central bank's influence on short-term money market rates. This paper tries to fill the gap in … asymmetric information. Regulation can be welfare-improving in the presence of an externality and also in case of collateral …

question, we analyze the extent of national environmental regulation when policy is determined in a lobbying game between a … government and firm. We compare the resulting equilibrium regulation levels, outputs and welfare for national and multinational …

One explanation for the poor performance of regulation in the recent financial crisis is that regulators had been … due to their high degree of sophistication. Banks can search for arguments of differing complexity against regulation … levels of regulation. Bank sophistication leads to capture, and thus to worse regulatory decisions. …

of regulation on R&D investment. Nearing competition has a dampening effect on R&D spending, but once the market and … could not find any evidence that (ownership) unbundling and incentive regulation affect R&D expenditures of the utilities. …

Real life applications of Yardstick Regulation frequently refer to historical cost data. While Yardstick Regulation … Yardstick Regulation was meant to overcome can occur and firms can realize positive rents because of the use of historical cost …