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Auriol, Emmanuelle; Picard, Pierre M. - In: Journal of Economic Behavior & Organization 89 (2013) C, pp. 187-209

In this paper, we discuss the choice for build–operate-and-transfer (BOT) concessions when governments and firm managers do not share the same information regarding the operation characteristics of a facility. We show that larger shadow costs of public funds and larger information asymmetries...

Persistent link: https://www.econbiz.de/10010664298

Transaction cost regulation

Spiller, Pablo T. - In: Journal of Economic Behavior & Organization 89 (2013) C, pp. 232-242

This paper discusses the fundamental underpinnings and some implications of transaction cost regulation (TCR), a …. TCR sees regulation as the governance structure of these interactions, and thus, as in standard transaction cost economics … possible institutional alternative. In that sense, politics becomes fundamental to understanding regulation as the governance …

Persistent link: https://www.econbiz.de/10010664305

Policies to promote use of generic medicines in low and middle income countries: A review of published literature, 2000–2010

Kaplan, Warren A.; Ritz, Lindsay Sarah; Vitello, Marie; … - In: Health Policy 106 (2012) 3, pp. 211-224

Review the literature on the impact of policies designed to enhance uptake of generic medicines in low and middle income countries (LMICs).

Persistent link: https://www.econbiz.de/10010664356

Contagion and risk-sharing on the inter-bank market

Ladley, Daniel - In: Journal of Economic Dynamics and Control 37 (2013) 7, pp. 1384-1400

Increasing inter-bank lending has an ambiguous impact on financial stability. Using a computational model with endogenous bank behavior and interest rates we identify the conditions under which inter-bank lending promotes stability through risk sharing or provides a channel through which...

Persistent link: https://www.econbiz.de/10010664652

Do local energy prices and regulation affect the geographic concentration of employment?

Kahn, Matthew E.; Mansur, Erin T. - In: Journal of Public Economics 101 (2013) C, pp. 105-114

intensity. Across the United States, there is significant variation in electricity prices and labor and environmental regulation … relatively lax Clean Air Act regulation. …

Persistent link: https://www.econbiz.de/10010664744

Executive Compensation and Regulation Imposed Corporate Governance: Evidence from the California Non-Profit Integrity Act (2004)

Dhole, Sandip; Khumawala, Saleha B; Mishra, Sagarika; … - Deakin University, Faculty of Business and Law, School …

affected nonprofit organizations. We find that, for affected organizations, executive compensation costs during post-regulation …

Persistent link: https://www.econbiz.de/10010665530

The stock market reaction to the public announcement of a supranational list of too-big-to-fail banks during the financial crisis

Abreu, José Filipe; Gulamhussen, Mohamed Azzim - In: Journal of International Financial Markets, … 25 (2013) C, pp. 49-72

In the aftermath of the global financial meltdown, regulators initiated a process to strengthen the regulation of too …

Persistent link: https://www.econbiz.de/10010665655

Governance of natural health products regulation: An iterative process

Walji, Rishma; Wiktorowicz, Mary - In: Health Policy 111 (2013) 1, pp. 86-94

Natural health products (NHPs) are rapidly increasing in popularity, public consumption and of regulatory concern internationally. Canada has implemented regulations for these products in response to concerns over quality, safety and efficacy. We conducted a narrative review of the NHP...

Persistent link: https://www.econbiz.de/10010665900

Market selection and scale inefficiency – A new methodology applied to EU business services

Kox, Henk L.M.; van Leeuwen, George - In: Structural Change and Economic Dynamics 25 (2013) C, pp. 77-94

The paper proposes a new way of analysing the efficiency of dynamic market selection, based on the persistence of scale economies. The new methodology is used to investigate the causes of stagnating productivity growth in EU business services. The persistence of scale-related inefficiencies is...

Persistent link: https://www.econbiz.de/10010665919

Governance, Regulation and Financial Market Instability: The Implciations for Policy

Konzelmann, Sue; Wilkinson, Frank; Fovargue-Davies, Marc; … - ESRC Centre for Business Research - 2009

Just as the 1929 Stock Market Crash discredited Classical economic theory and policy and opened the way for Keynesianism, a consequence of the collapse of confidence in financial markets and the banking system – and the effect that this has had on the global macro economy – is currently...

Persistent link: https://www.econbiz.de/10010614639