The process of the liberalisation of services of general economic interest (SGEI) in the EU adopted the universal service (US) regulatory model. The objectives of the process were to strengthen free competition and improve social welfare. SGEIs have the characteristic of networked services and,...

Purpose: Bank reputations took a severe knock following the global financial crisis of 2007-2009. To get the global banking industry back on its feet, regulations existing at the time were strengthened and new ones were introduced. While the industry has come a long way in clawing back its...

The research states that the exacerbation of the climate crisis observed in recent years is accompanied by an increase in ground-level temperatures, natural disasters, loss of water resources, and other extreme weather events, which significantly impact the economy, water, and food security of...

Purpose - This paper aims to examine the effects on firms' outcomes of a new government regulation on the private security industry that aimed to enhance the selection and training processes for armed-private security officers. Design/methodology/approach - By using human capital theory and...

Globalisierung und E-Commerce schaffen neue Möglichkeiten für Verbraucher, führen aber auch zu Ungleichgewichten, da Konsumdaten überwacht und genutzt werden. Die Autonomie der Verbraucher ist gefährdet, während globale Unternehmen gesellschaftliche Rahmenbedingungen gestalten. Der...

A big part of the EU-US productivity gap is due to the EU investing less in ICT-related tangible and intangible capital. These lower investments are partly explained by EU digital regulations limiting companies' access to modern endowments like data. Limits to these endowments push EU firms...

The EU Corporate Sustainable Due Diligence Directive shifts the costs of compliance with social and environmental rules to private entities within complex supply networks.To ensure effective and cost-efficient implementation, the Directive should aim to reduce economic complexity. Regulations...

We examine the issue of the appropriate selection of macroprudential instruments according to the vulnerabilities identified and the policymakers' objectives using a version of the 3D DSGE model following Mendicino et al. (2020) and Hinterschweiger et al. (2021) calibrated for the euro area. We...