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regarding the actual intensity of financial regulation in developed countries as well as a robust literature about how to … conducting a theoretically complete analysis of costs and benefits in the area of financial regulation as well as the problems … associated in making international comparisons between the observed levels of the intensity of financial regulation across …
Persistent link: https://www.econbiz.de/10014061542
This paper investigates patterns in product market regulation across 34 OECD and 21 non-OECD countries, using an … updated and revised version of the OECD’s indicators of product market regulation (PMR). The analysis shows that …
Persistent link: https://www.econbiz.de/10011398831
Transnational regulatory networks play important roles in multi-level regulatory regimes, as e.g, the European Union. In this paper we analyze the role of regulatory networks from the perspective of the economic theory of legal federalism. Often sophisticated intermediate institutional solutions...
Persistent link: https://www.econbiz.de/10011436724
employment, appropriate regulation is needed. …
Persistent link: https://www.econbiz.de/10011502381
The "revolving door" phenomenon has become very common in most industrialised countries, and is leading to conflicts of interest as well as economic distortions. The purpose of this paper is to develop an indicator of the distortionary effects of the revolving door - The Revolving Door Indicator...
Persistent link: https://www.econbiz.de/10010459790
Im Mittelpunkt dieses Beitrags steht eine Analyse des kalifornischen Strommarktdebakels und der Lehren aus den dortigen Ereignissen. Das Papier geht auf die Entwicklung der Märkte ein und zeigt die Gründe für das Scheitern des kalifornischen Übergangsmodells auf. Die Analyse zeigt, dass es...
Persistent link: https://www.econbiz.de/10011474704
finds that despite the regulatory difficulties, the Internet is far from being a “regulation-free” space as there are … regulation. Most of them aim at protecting personal data and consumers more generally. In many cases generally applicable laws …
Persistent link: https://www.econbiz.de/10010464865
securities regulation that had protected investors and their marketplace since the end of the Great Depression. This essay … author concludes that this reallocation of regulatory responsibility will realign the dual system of securities regulation to …
Persistent link: https://www.econbiz.de/10013133451
Exchange Commission to seek legislation to preempt states from concurrent regulation. Currently, the preemption issue is being … judicial, congressional, and executive recognition that has been extended to the states in the field of securities regulation …. After reviewing these sources of support for state regulation, a response is made to the claim that duplication and the …
Persistent link: https://www.econbiz.de/10013133453
duplicative coverage argument. The author also questions the argument that capital formation is impeded by merit regulation …, providing evidence that states with reputations for strict merit regulation have not experienced adverse effects on capital … formation. Although he recognizes the utility of the merit regulation debate, the author concludes by acknowledging the positive …
Persistent link: https://www.econbiz.de/10013133455