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Regulatory objectives and the intensity of unbundling in electricity markets

Lindemann, Henrik - 2015

Despite the positive effect electricity grids separated from generation and supply by ownership are expected to have on the level of competition in the non-network activities, several EU member states still adhere to a solely legally unbundled transmission grid. This choice might be induced by...

Persistent link: https://www.econbiz.de/10010492455

Is the revolving door of Washington a back door to excess corporate returns?

Canayaz, Mehmet I.; Martinez, Jose Vicente; Ozsoylev, Han N. - 2015

In this paper, we look into the so-called "revolving door of Washington", which is the movement of individuals between federal government positions and jobs in the private sector, and examine its link to long-run stock returns. We find that firms where current public officials become future...

Persistent link: https://www.econbiz.de/10011297554

Risks, Rules, and Institutions : A Process for Reforming Financial Regulation

Omarova, Saule T. - 2009

Reforming regulation of the financial sector is currently among the most immediate concerns of domestic and … reform. It argues that the process of reforming financial regulation should begin with a comprehensive, granular study of …-containment with regulatory reform and may end up designing a retrospective framework for financial regulation. A comprehensive post …

Persistent link: https://www.econbiz.de/10013158883

Regulation, the Market, and Interest Group Cohesion : Why Airlines Were Not Reregulated

Levine, Michael E. - 2007

incidence violates traditional versions of the economic theory of regulation. Organized subgroups should be able to protect … principal reasons, one requiring a refinement of the theory. The first is that under regulation the incentives of both … creation and wealth transfer through regulation requires both political unity and quot;slackquot;, that is, protection from …

Persistent link: https://www.econbiz.de/10012778192

The Office of Plans and Policy of the Federal Communications Commission : An Examination of the Role of Internal Organization in Economic Regulation

Spavins, Thomas - 2016

This presents a case study of the impact of internal organization on economic regulation. The Office of Plans and …

Persistent link: https://www.econbiz.de/10012977138

Regulatory Process, Regulatory Reform, and the Quality of Regulatory Impact Analysis

Ellig, Jerry - 2016

Numerous regulatory reform proposals would require federal agencies to conduct more thorough economic analysis of proposed regulations or expand the resources and influence of the Office of Information and Regulatory Affairs (OIRA), which currently reviews executive branch regulations. Such...

Persistent link: https://www.econbiz.de/10013006022

Regulation, Entrepreneurship, and Firm Size

Chambers, Dustin - 2020

We investigate whether regulatory growth disproportionately burdens small businesses relative to large businesses. Using panel data from RegData 3.0 and exploiting variation across industries over time, we empirically estimate the relationship between regulatory growth and growth in the number...

Persistent link: https://www.econbiz.de/10012852412

Reforming Regulatory Analysis, Review, and Oversight : A Guide for the Perplexed

Ellig, Jerry - 2020

The number of regulations and their economic impact continue to grow. Yet the quality and use of economic analysis to inform regulatory decisions falls far short of the standards enunciated in executive orders governing regulatory analysis and review. Both the president and Congress have...

Persistent link: https://www.econbiz.de/10012856557

Entrepreneurial Innovations, Entrepreneurship Policy and Globalization

Norbäck, Pehr-Johan - 2020

What explains the world-wide trend of pro-entrepreneurial policies in the last few decades? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...

Persistent link: https://www.econbiz.de/10012857479

Improving Regulatory Impact Analysis Through Process Reform : Testimony Before the U.S. Congress Joint Economic Committee

Ellig, Jerry - 2014

Scholarly research demonstrates that Regulatory Impact Analysis often falls short of the standards articulated in executive orders and Office of Management and Budget guidance. More often than not, agencies do not appear to use the Regulatory Impact Analysis to inform major decisions. Regulatory...

Persistent link: https://www.econbiz.de/10013048676