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dataset including details on officials' professional careers before and after their tenure and data on financial regulation …
Persistent link: https://www.econbiz.de/10012908339
lobbying on banking regulation and supervision by reviewing recent empirical evidence. Third, we discuss the effect of the …In this chapter, our goal is to discuss whether and how bank lobbying in the United States leads to regulatory capture …. First, we provide an overview of the importance of and motivations behind bank lobbying. Second, we examine the impact of …
Persistent link: https://www.econbiz.de/10012926772
We study the potential benefits and mechanisms of firms' political connections by analyzing the Italian experience, where, in the early nineties, Silvio Berlusconi, a rich TV tycoon, became the leader of the conservative political coalition. Using firm-level data, we find that the 101 companies...
Persistent link: https://www.econbiz.de/10012063531
Who watches the watchmen? In order to examine the role of the governance separation of powers principle in economics, we developed a theoretical model of a structurally failed market with and without political pressure. We conclude that if the executive branch is dedicated to its public duty,...
Persistent link: https://www.econbiz.de/10014518046
The Russian Federation is in the process of making major structural changes to its railway and electricity sectors. Both sectors will be at least partly vertically disintegrated, with the aim of creating competition in the "upstream" sector while maintaining state ownership and control of the...
Persistent link: https://www.econbiz.de/10014075403
This article examines the issue of the appropriate scope of review of economic evidence enshrined in the discretionary assessments of utility regulators in the US and the UK. It advances a balance of institutional competencies approach to the question of the degree of deference owed to the...
Persistent link: https://www.econbiz.de/10012936634
question, we analyze the extent of national environmental regulation when policy is determined in a lobbying game between a …Can multinational firms exert more power than national firms by influencing politics through lobbying? To answer this … government and firm. We compare the resulting equilibrium regulation levels, outputs and welfare for national and multinational …
Persistent link: https://www.econbiz.de/10010340558
Energy industries are mainly organised at national level in Hungary, however local governments have their specific role in the system. Local governments have been major performers in the first period of the transition process: they were entitled to receive 25 per cent of the shares in electric...
Persistent link: https://www.econbiz.de/10010494369
. Local governments are also in the forefront of the energy saving programmes. -- Energy industries ; regulation ; local …
Persistent link: https://www.econbiz.de/10003721600
by the proposed state legislation would be preempted by federal regulation. Section 616 of the Communications Act, giving …
Persistent link: https://www.econbiz.de/10012718245