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The Impact of Commercial Real Estate Regulations on U.S. Output

Babalievsky, Fil; Herkenhoff, Kyle; Ohanian, Lee E.; … - National Bureau of Economic Research - 2023

Commercial real estate accounts for roughly 20% of the U.S. fixed asset stock, and commercial land use is highly regulated. However, little is known about the quantitative impact of these regulations on economic activity or consumer welfare. This paper develops a spatial general equilibrium...

Persistent link: https://www.econbiz.de/10014437026

When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation

Cicala, Steve - 2014

following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated …

Persistent link: https://www.econbiz.de/10012458556

The Great Pyramids of America : A Revised History of US Business Groups, Corporate Ownership and Regulation, 1930-1950

Kandel, Eugene - 2013

Most listed firms are freestanding in the U.S, while listed firms in other countries often belong to business groups: lasting structures in which listed firms control other listed firms. Hand-collected historical data illuminate how the present ownership structure of the United States arose: (1)...

Persistent link: https://www.econbiz.de/10012458971

A Brief History of Regulations Regarding Financial Markets in the United States : 1789 to 2009

Komai, Alejandro - 2011

In the United States today, the system of financial regulation is complex and fragmented. Responsibility to regulate …

Persistent link: https://www.econbiz.de/10012461215

Pharmaceutical Industry, Drug Quality and Regulation : Evidence from US and Italy

Atella, Vincenzo - 2008

This paper examines the relationship between drug price and drug quality and how it varies across two of the most common regulatory regimes in the pharmaceutical market: minimum efficacy standards (MES) and a mix of minimum efficacy standards and price control mechanisms (MES+PC). Through a...

Persistent link: https://www.econbiz.de/10012464081

The Political Economy of Financial Regulation : Evidence from U.S. State Usury Laws in the 19th Century

Benmelech, Efraim - 2007

We investigate the causes and consequences of financial regulation by studying the political economy of U.S. state … affected by rate ceilings. Exploiting the heterogeneity across states and time in regulation, enforcement, and market … conditions, we find that regulation tightens when it is less costly and when it coexists with other economic and political …

Persistent link: https://www.econbiz.de/10012465805

US Water Pollution Regulation over the Last Half Century : Burning Waters to Crystal Springs?

Keiser, David A. - 2019

In the half century since the founding of the U.S. Environmental Protection Agency, public and private U.S. sources have spent nearly $5 trillion ($2017) to provide clean rivers, lakes, and drinking water, or annual spending of 0.8 percent of U.S. GDP in most years. Yet over half of rivers and...

Persistent link: https://www.econbiz.de/10012480024

Regulatory Costs of Being Public : Evidence from Bunching Estimation

Ewens, Michael; Xiao, Kairong; Xu, Ting - National Bureau of Economic Research - 2021

. Consistent with firms seeking to avoid costly regulation, we document significant bunching around multiple regulatory thresholds …

Persistent link: https://www.econbiz.de/10012616591

Designing Fuel-Economy Standards in Light of Electric Vehicles

Gillingham, Kenneth - National Bureau of Economic Research - 2021

Electric vehicles are declining in cost so rapidly that they may claim a large share of the vehicle market by 2030. This paper examines a set of practical regulatory design considerations for fuel-economy standards or greenhouse gas standards in the context of highly uncertain electric vehicle...

Persistent link: https://www.econbiz.de/10012599357

Endogenous Quality Investments in the U.S. Hospital Market

Garthwaite, Craig - 2020

High and increasing hospital prices have led to calls for price regulation. If prices are high because of consolidation …

Persistent link: https://www.econbiz.de/10012481635