Abstract This study investigates the role of aligning tariff adjustments and quality incentives in a Price cap regulatory regime. According to theory costs and quality are positively related. If additional resources are needed to improve service quality, a high cost high quality utility could be...

Abstract This paper addresses the issue of impacts of the banking market structure on debt dynamics. Using a simple theoretical model, we analytically find a positive link between number of banks and growth rate of debt. By applying panel data analysis on a set of Eurozone countries, sufficient...

Zusammenfassung: Die kommunale Verschuldungssituation in Deutschland, insbesondere der starke und asymmetrische Anstieg in kurzfristigen Kassenkrediten in den letzten Jahren, steht verstärkt im Fokus von Politik, Forschung und der Öffentlichkeit. Dies betrifft nebst den Städten und Gemeinden...