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Persistent link: https://www.econbiz.de/10010391562
.S. policymakers often treat market competition as a panacea. However, in the case of mortgage securitization, policymakers' faith in … competition is misplaced. Competitive mortgage securitization has been tried three times in U.S. history - during the 1880s, the … 1920s, and the 2000s - and every time it has failed. Most recently, competition between mortgage securitizers led to a race …
Persistent link: https://www.econbiz.de/10013113952
The main objective of the competition policy and law is to preserve and promote competition, as a means to ensure … adequate supplies to consumers. As a general proposition, competition law consists of rules that are aimed at protecting the … process of competition in order to maximize consumer welfare. The aim of the Competition policy is to enhance the economic …
Persistent link: https://www.econbiz.de/10013117710
source of inefficiency and a barrier to competition …
Persistent link: https://www.econbiz.de/10013088069
Whereas the EU's internal market rules govern market access and public intervention, its competition rules are … concerned with the market conduct of private parties. When do the competition rules apply to healthcare? In principle the scope … for application of the competition rules to the healthcare sector is largely defined by the Member States themselves. This …
Persistent link: https://www.econbiz.de/10013090330
U.S. policymakers often treat market competition as a panacea. However, in the case of mortgage securitization …, policymakers' faith in competition is misplaced. Competitive mortgage securitization has been tried three times in U.S. history … - during the 1880s, the 1920s, and the 2000s - and every time it has failed. Most recently, competition between mortgage …
Persistent link: https://www.econbiz.de/10013092443
Does greater product market competition improve external competitiveness and growth? This paper examines this question … emerging market economies and developing countries, and finds that an improvement in domestic competition is associated with a … signficant increase in real GDP per capita growth rate, achieved mainly through an improvement in export competitiveness and …
Persistent link: https://www.econbiz.de/10012839680
the U.S. Federal Trade Commission regarding its hearing on Concentration and Competitiveness in the U.S. Economy as part … of the Hearings on Competition and Consumer Protection in the 21st Century. The GAI Competition Advocacy Program provides … a wide range of recommendations to facilitate adoption of economically sound competition policy …
Persistent link: https://www.econbiz.de/10012911592
Persistent link: https://www.econbiz.de/10012822574
We examine how bank competition in the run-up to the 2007-2009 crisis affects banks' systemic risk during the crisis … competition at the industry level lead to higher realized systemic risk. The results suggest that the use of securitization …
Persistent link: https://www.econbiz.de/10012865123