In France, firms that have 50 employees or more face substantially more regulation than firms that have less than 50 … model the regulation as the combination of a sunk cost that must be paid the first time the firm reaches 50 employees and a … using indirect inference by fitting the discontinuity of the size distribution. The key finding is that the regulation is …

Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing … regulation in jurisdictions where institutions are weak. The reasons are: information intensity and asymmetry being greater with …

breite Debatte zur Rolle und Regulierung der Ratingagenturen statt. Der vorliegende Artikel fokussiert explizit nur auf einen … Aspekt dieser Debatte, nämlich die Rolle und Regulierung der Ratingagenturen im Rahmen ihrer Bewertung strukturierter … synchron erfolgende Regulierung der Ratingagenturen und der Emittenten vorgeschlagen, wodurch eine Besserstellung sowohl der …

Uncertainty in election outcomes generates politically induced regulatory risk. For monopoly regulation, political …