productivity can be enhanced by product market policies which, by increasing competition and efficiency, facilitate higher rates of … countries, we find that: (i) competition-enhancing regulation is associated with a higher rate of firm churning; (ii) business … regulation can be indirectly associated, via its impact on business dynamism, with the somewhat weak productivity performance in …

In this paper we analyse public sector efficiency in the new member states of the European Union compared to that in … emerging markets. After a conceptual discussion of expenditure efficiency measurement issues, we compute efficiency scores and … rankings by applying a range of measurement techniques. The study finds that expenditure efficiency across new EU member states …

decisions. If going far beyond this, in particular if successfully influencing policy makers to unnecessarily tighten regulation …

efficiency of labour reallocation has not changed significantly. Second, the observed increase in capital misallocation has been …, heightened uncertainty, restrictive bank credit standards and tight product and labour market regulation are found to have …

We analyse the cross-border propagation of prudential regulation in the euro area. Using the Prudential Instruments …

has partial control over bank regulation it can exercise regulatory lenience. Two, the Fed's stronger output orientation … procyclical capital regulation …