Showing 1 - 10 of 20,663
We assess the influence of competition and capital regulation on the stability of the banking system. We particularly … ask two questions: i) how does capital regulation affect (endogenous) entry; and ii) how do (exogenous) changes in the … competitive environment affect bank monitoring choices and the effectiveness of capital regulation? Our approach deviates from the …
Persistent link: https://www.econbiz.de/10010325147
infrastructure investments beyond the level achieved by access regulation and they seem to facilitate tacit price collusion. On the …
Persistent link: https://www.econbiz.de/10010309719
In this paper, we assess the impact of competition and regulation on prices of mobile services in France. We estimate …-adjusted prices to a set of competition and regulation variables and find that the launch of 4G networks by mobile operators was the … introduced to pre-empt the entry of low cost competitor declined at the time of entry. Moreover, we find that regulation, which …
Persistent link: https://www.econbiz.de/10011732781
We empirically assess the impact of the EU roaming regulation on mobile operators' average revenues per user (ARPU) and …-level data we find that the regulation decreased mobile operator's revenues per user, while it had no impact on tariffs during … the latest phase of the regulation. …
Persistent link: https://www.econbiz.de/10012657941
In many situations governments have sector-specific tax and regulation policies at their disposal to influence the …
Persistent link: https://www.econbiz.de/10010264257
We analyse optimal environmental policies in a market that is vertically differentiated in terms of the energy efficiency of products. Considering energy taxes, subsidies to firms for investment in more eco-friendly products, and product standards, we are particularly interested in how...
Persistent link: https://www.econbiz.de/10010270546
In many situations governments have sector-specific tax and regulation policies at their disposal to influence the …
Persistent link: https://www.econbiz.de/10010427479
This paper develops a model of successive oligopolies with endogenous market entry, allowing for varying degrees of product differentiation and entry costs in both markets. Our analysis shows that the downstream conditions dominate the overall profitability of the two-tier structure while the...
Persistent link: https://www.econbiz.de/10010427530
tighten environmental standards. Production costs under the stricter environmental regulation are private information to the … actually benefit from tighter regulation. In these circumstances, such firms may overcomply in order to signal to the … government that compliance costs are low, thus inducing the government to enforce stricter regulation. …
Persistent link: https://www.econbiz.de/10011608640
Persistent link: https://www.econbiz.de/10011696578