Similar Search Results

Evidence-based policymaking : promise, challenges and opportunities for accounting and financial markets research

Leuz, Christian - 2018

regulation are no exception. This article discusses the promise of evidence-based policymaking in accounting and financial … markets as well as the challenges and opportunities for research supporting this endeavor. In principle, using sound theory …

Persistent link: https://www.econbiz.de/10011932398

Economic Reforms and Productivity-Enhancing Reallocation in the Post-Soviet Transition

Brown, J. David; Earle, John S. - 2021

How do economic reforms affect resource reallocation processes and their contributions to productivity growth? This paper studies the consequences of enterprise privatization and liberalization of product markets, labor markets, and imports in the former Soviet Republics of Russia and Ukraine....

Persistent link: https://www.econbiz.de/10013319543

A Narrative Database of Major Labor and Product Market Reforms in Advanced Economies

Duval, Romain - 2018

This paper describes a new database of major labor and product market reforms covering 26advanced economies over the period 1970-2013. The focus is on large changes in product marketregulation in seven individual network industries, employment protection legislation for regularand temporary...

Persistent link: https://www.econbiz.de/10012928014

Product Market Deregulation and Growth : New Country-Industry-Level Evidence

Bouis, Romain - 2016

The paper investigates the economic effects of major product market reforms in some of the historically most protected non-manufacturing industries. It relies on a unique mapping between new annual data on reform shocks and sector-level outcomes for five network industries (electricity and gas,...

Persistent link: https://www.econbiz.de/10012977853

Regulation : theory and concepts

Bös, Dieter - 2001

paper we have accentuated the importance of quality regulation, which is a rather neglected field in the theory of … mechanism and Shleifer's yardstick Regulation. Unfortunately, in practical applications of these simple mechanisms the regulated … regulator must be extremely well-informed if he wants to apply this sort of regulation: except for the actual realizations of a …

Persistent link: https://www.econbiz.de/10011539949

Irreversible investments and regulatory risk

Panteghini, Paolo; Scarpa, Carlo - 2003

This paper addresses the issue of how regulatory constraints affect firm s investment choices when the firm has an option to delay investment. The RPI-x rule is compared to a profit sharing rule, which increases the x factor in case profits go beyond a given level. It is shown that a pure price...

Persistent link: https://www.econbiz.de/10011507879

Investment size and firm's value under profit sharing regulation

Moretto, Michele; Panteghini, Paolo; Scarpa, Carlo - 2003

In this article we analyse the effects of different regulatory schemes (price cap and profit sharing) on a firm s investment of endogenous size. Using a real option approach in continuous time, we show that profit sharing does not affect a firm s start-up decision relative to a pure price cap...

Persistent link: https://www.econbiz.de/10011509471

The interplay between regulation and competitions : the case of universal service obligations

Hörnig, Steffen; Valletti, Tommaso M. - 2002

Regulators have long been aware of the social aspects of communication. In the past, regulated monopolists have provided Universal Service Obligations, typically funded via a system of cross-subsidies. In this paper, we first review the rationale for imposing Universal Service Obligations, based...

Persistent link: https://www.econbiz.de/10011409371

Competition, regulation and institutional quality

Fabella, Raul V. - 2017

Regulation and competition policy are two alternative modalities by which the state intervenes in the market. In order … varieties of market failures and identify those for which regulation is best address (cooperation failures such as The Fishing … regulation in jurisdictions where institutions are weak. The reasons are: information intensity and asymmetry being greater with …

Persistent link: https://www.econbiz.de/10011635985

Single-till versus dual-till regulation of airports

Czerny, Achim Ingo; Zhang, Anmin - 2015

are privately owned and experience little or no ex-ante regulation of airport charges. On the other hand, airports … activities into the regulation of airport infrastructure charges? This question is addressed in this paper. We discuss basic …

Persistent link: https://www.econbiz.de/10010510068