This study examines whether size-contingent employment regulations are associated with distortions in firm size distribution and whether such patterns are more consistent with productivity-based selection or with broader constraints on firm scaling. Using 2024 census data covering 86,758 formal...

Many developing country governments would like to attract investment and create jobs in manufacturing and high-tech industries. Heavy and unpredictable laws and regulations, frequent demands for bribes, high taxes, poor-quality roads, slow and inefficient ports, and unreliable power, however,...

Amidst the escalating geopolitical fragmentation of the global financial system, divergent stablecoin architectures are emerging. This study employs Qualitative Comparative Analysis (QCA) and introduces a formalized 'Geopolitical Stablecoin' (GPSC) model to conduct a systematic comparison of...

Since U.S. bank capital holdings began rising almost concurrently with the monetary policy change after 2008, we examine the role of capital requirements for monetary policy regimes. While standard models predict that equilibrium determination and responses to aggregate shocks are fundamentally...

Despite having developed a comprehensive and highly-rated regulatory policy system (so-called 'better regulation'), involving consultation, impact assessments, evaluation, inter-institutional commitment and independent oversight, the European Union continues to face criticism for the volume,...