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Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable ….4% lower due to the regulation, a 2.2% consumption equivalent welfare loss. Four-fifths of this loss is due to lower innovation … changes in the direction of R&D, and find that regulation's negative effects only matter for incremental innovation (as …
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In April 2006, in the UK, came into force new rules relating to the obligations incumbent upon business owners if they pursue their alienation. These regulations come to meet several Europeandirective which seeks to ensure employees' rights and prevent any abuses. In this respect, the main...
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Part I. Financial Systems and Regulation -- The evolution of theory and method in law and finance / Simon Deakin … -- Economic development, financial systems, and the law / Colin Mayer -- Financial systems, crises, and regulation / Frank Partnoy … -- Part II. The Organization of Financial System Regulation -- Institutional design: the choices for national systems / Eilis …
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