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Most federal agencies must conduct economic analysis when proposing major regulations. This paper uses a new data set scoring the quality of analysis accompanying proposed regulations in 2008 to assess whether some types of regulations receive more thorough analysis than others. Previous...
Persistent link: https://www.econbiz.de/10014193186
As the quantity and scope of regulations in Florida grow, so does the degree to which they affect the economy. In these circumstances, a little reform to the process of creating regulations can go a long way toward crafting an environment that fosters competitiveness and economic efficiency....
Persistent link: https://www.econbiz.de/10012917447
Americans expect federal regulation to accomplish many important things, such as protecting the country from financial fraudsters, preventing workplace injuries, preserving clean air, and deterring terrorist attacks. Regulation also requires tradeoffs—there is no such thing as a free lunch....
Persistent link: https://www.econbiz.de/10012910440
This paper assesses the quality and use of regulatory analysis for economically significant regulations produced by federal agencies in 2008. A nine-member research team used a six-point (0-5) scale to evaluate regulatory analyses according to criteria drawn from Executive Order 12866 on...
Persistent link: https://www.econbiz.de/10013115938
As the quantity and scope of regulations in Florida grow, so does the degree to which they affect the economy. In these circumstances, a little reform to the process of creating regulations can go a long way toward crafting an environment that fosters competitiveness and economic efficiency....
Persistent link: https://www.econbiz.de/10013048672
We present solutions to each of the major delegation problems that arise when elected officials delegate rulemaking authority to government agencies. These problems include principal-agent issues, monopoly provision, information asymmetry, and tragedy of the commons. Rather than presenting our...
Persistent link: https://www.econbiz.de/10014347565
I test the level of information regarding possible groundwater contamination in the residential real estate market in Washington County, Minnesota. An approximately seven square-mile trichloroethylene plume has affected hundreds of households’ water supplies since at least 1988 in the...
Persistent link: https://www.econbiz.de/10009368199
We examine the relationship between entry regulations and income inequality. Entry regulations increase the cost of legally starting a business relative to the alternatives — working for someone else, entering illegally, or exiting the labor force. We hypothesize that such regulations may...
Persistent link: https://www.econbiz.de/10014124375
Ever since its introduction in 2012, RegData—the Mercatus Center’s database for quantifying federal regulation—has served as an objective tool for measuring regulations within a jurisdiction. In the decade since its launch, RegData has expanded significantly to cover several jurisdictions,...
Persistent link: https://www.econbiz.de/10014082997
As the COVID-19 crisis intensified, policymakers at the federal, state, and local levels started suspending or rescinding laws and regulations that hindered sensible, speedy responses to the pandemic. These “rule departures” raised many questions. Were the paused rules undermining public...
Persistent link: https://www.econbiz.de/10014099593