The European Commission recently put forward a proposal for a regulation to amend and strengthen the 2009 version of … the EU's rules on the regulation of credit rating agencies ("CRA3"). Among other things, Art. 35a of the draft proposal …

Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing …

We study the optimal regulation of a monopolist when intrinsic efficiency (intrinsic cost) and empire building tendency …

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