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between communication and external regulation is supported for some combinations of regions and regulations, but cannot be …
Persistent link: https://www.econbiz.de/10008852049
This paper demonstrates that when a rationing equilibrium occurs in credit markets due to adverse selection effects of the interest rate, it is necessarily a multiple contracts (i.e. multiple interest rates) equilibrium with rationing at one contract. Some consequent arguments for a welfare...
Persistent link: https://www.econbiz.de/10008852281
This paper empirically examines whether regulation decreases market competition. For this purpose, I use data from … alegality (no regulation in place whatsoever), to being highly regulated and finally to being liberalized. I estimate station … market size to sustain an extra station. I find that stations soften competition the most under no regulation and they seem …
Persistent link: https://www.econbiz.de/10008852648
The primary functions of a financial system are to supply clearing and settlement of payments, to ensure resource pooling and to transfer those economic resources through time and space, as well as to provide price information on assets by correctly assessing and managing risks. A financial...
Persistent link: https://www.econbiz.de/10008852737
Under what conditions is government regulation better at protecting market participants than private, evolving, market … matter of government regulation and enforcement by an agency created for that purpose. An analysis of these two very … - government-regulation. …
Persistent link: https://www.econbiz.de/10008853000
/non-market (i.e. government regulation, judiciary/legal system) incentives for a firm to act voluntarily on environmental quality is … incentive perceived by the decision maker of firm gets increases. Firms put a higher weight on the impact on regulation and … towards co-regulation, which is practiced by developed countries like Australia and Canada to facilitate businesses to come up …
Persistent link: https://www.econbiz.de/10008853506
Tout comme celles du comité Rueff-Armand, il y a un demi-siècle, les recommandations du rapport Attali pour réformer le secteur des taxis parisiens ont été, pour la plupart, classées sans suite. Notre analyse suggère que le principal motif de l'hostilité de la profession au projet, la...
Persistent link: https://www.econbiz.de/10008854433
This study's estimates of the reduction in accidents from a ban on cell phone use while driving are both lower and less certain than previous studies indicate.
Persistent link: https://www.econbiz.de/10011145256
Can access to regulators provide operational benefits to firms?
Persistent link: https://www.econbiz.de/10011145276
The paper analyzes the effects of changes to regulatory policy and to monetary policy on cross-border bank lending since the global financial crisis. Cross-border bank lending has decreased, and the home bias in the credit portfolio of banks has risen sharply, especially among banks in the euro...
Persistent link: https://www.econbiz.de/10011145418