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The harmful effects, on medium and long term, the financial crisis manifests on the economy, requires a deep analysis on the specific phenomena, aiming to the diminishing or even the eliminating of the unwanted effects. This way, an effective operation, asks for a correct diagnosis over the...
Persistent link: https://www.econbiz.de/10010743228
European regulation of the media is influenced by the economic regulation of networks, contents, and e-commerce, to … which it is very close. However, media regulation has one peculiar differentiating characteristic: it cannot concentrate … only on market competition, as the rest of modern economic regulation does, but has to pursue other fundamental values. In …
Persistent link: https://www.econbiz.de/10010743541
derivative markets jointly when evaluating the impact of regulation, such as short-sales bans and position limits in derivatives …
Persistent link: https://www.econbiz.de/10010743552
hazard, accounting frictions and funding distortions. It shows that loan screening activity is maximized when the loan …
Persistent link: https://www.econbiz.de/10010743857
In deregulated electricity markets, the transmission network is a key infrastructure for enabling competition in the generation sector. A deficient expansion of the transmission grid prevents the realization of the benefits in terms of efficiency associated with market mechanisms. Consequently,...
Persistent link: https://www.econbiz.de/10010743880
-established and informative tools for economic regulation, in particular in energy infrastructure regulation. The axiomatic features … regulation. However, critique has been voiced against the robustness of best-practice regulation in presence of uncertainty … activity. Specifically within regulation, reporting may also be biased through individual gaming or collusive behavior …
Persistent link: https://www.econbiz.de/10010744356
We investigate whether or not market discipline on banking firms changed after the Dodd–Frank Wall Street Reform and Consumer Protection Act (DFA) of 2010. If market discipline is improved, we should see a lower discount for size on yield spreads, particularly for banks identified as...
Persistent link: https://www.econbiz.de/10010744383
In theory, X-factor regulation provides better incentives for cost reduction than previously widely-used rate …-of-return regulation. However, a deeper look into how this factor is effectively estimated shows the regulator enjoys a great deal of …
Persistent link: https://www.econbiz.de/10010744452
This discussion paper describes the methodology used to compute the Broadband Development Index (IDBA, Indice de Desarrollo de la Banda Ancha). The main goal of the IDBA is to size the Digital Divide in Latin America and the Caribbean by measuring the state of broadband development in the 26...
Persistent link: https://www.econbiz.de/10010744483
Really Responsive Regulation seeks to add to current theories of enforcement by stressing the case for regulators to be …
Persistent link: https://www.econbiz.de/10010744983