Showing 71 - 80 of 103,303
We estimate the effects of the deregulation of shop opening hours on the market structure of the retail sector and on the size and composition of the labour force employed there. To identify these effects, we exploit the staggered implementation of a reform that allowed Italian municipalities to...
Persistent link: https://www.econbiz.de/10012827459
Following the 2008 financial crisis, countercyclical regulation emerged as one of the most promising breakthroughs in … years to halting destructive cycles of booms and busts. This new approach to systemic risk posits that financial regulation … and to prick asset bubbles before they burst. If countercyclical regulation is to succeed, however, then policymakers must …
Persistent link: https://www.econbiz.de/10013005214
This paper offers a framework for regulating internalities. Using a simple economic model, we provide four principles for designing and evaluating behaviorally-motivated policy. We then outline rules for determining which contexts reliably reflect true preferences and discuss empirical...
Persistent link: https://www.econbiz.de/10013027352
We analyze the influence of rate regulation on insurance demand in an annuity setting. With a unique dataset containing … a natural experiment due to German federal regulation and the E.U. Gender Directive we study the impact of unisex … guarantees within the annuity in unisex contracts than without rate regulation. This behavior contradicts economic intuition. We …
Persistent link: https://www.econbiz.de/10013020191
Persistent link: https://www.econbiz.de/10013051068
equilibrate in the public interest when that interest is not well-defined. The market for regulation is incomplete; while there is … a limitless demand for regulation the supply of regulation is constrained. The response to market incompleteness has … been threefold; deregulation, self-regulation and whistleblowing. Whistleblowing, in particular, has conferred many …
Persistent link: https://www.econbiz.de/10013002084
incidence violates traditional versions of the economic theory of regulation. Organized subgroups should be able to protect … principal reasons, one requiring a refinement of the theory. The first is that under regulation the incentives of both … creation and wealth transfer through regulation requires both political unity and quot;slackquot;, that is, protection from …
Persistent link: https://www.econbiz.de/10012778192
Occupational licensing and non-competition agreements are two important types of labour market regulation in the United … States, both covering around one fifth of all workers. While some regulation is needed to protect safety and ensure quality … of services, it also creates entry barriers and reduces competition with important costs for job mobility, earnings and …
Persistent link: https://www.econbiz.de/10012304432
relationship between regulation, firm dynamics and entrepreneurship. We identify some foundational considerations relevant to this …
Persistent link: https://www.econbiz.de/10012953388
,000 annual reports. These reports, the so-called "Form 10-Ks," contain a characterization of a company's financial performance … around legal complexity and regulation …
Persistent link: https://www.econbiz.de/10012966720