Dans ce numéro de Regards économiques, nous examinons l’impact sur la consommation des ménages de la réforme fiscale introduite en Belgique à partir de 2002. Nos résultats indiquent un impact positif mais limité dans le temps.

This article analyzes the recent oral argument in the case of <i>Leegin Creative Leather Products v. PSKS, Inc</i> before the U.S. Supreme Court.

A less deferential standard for granting injunctive relief, such as that applicable to injunction requests by the U.S. Department of Justice (“DOJâ€Â), would ensure that important non-structural factors receive due attention and would thereby enhance the quality of...

Bundled discounts present a classic example of what Judge Easterbrook calls “the puzzle of exclusionary conduct.†That puzzle exists because “competitive and exclusionary conduct look alike,†and it is often difficult for courts to condemn...

One of the most maligned antitrust decisions in history involved a merger of grocery store chains. Even those voices inclined toward substantial antitrust intervention believe the Supreme Court erred in its 1966 <i>Von’s Grocery</i> decision, which condemned the merger of the third-...

The basic idea of crowdfunding is to raise external finance from a large audience (the “crowd”), where each individual provides a very small amount, instead of soliciting a small group of sophisticated investors. The paper develops a model that associates crowdfunding with pre-ordering and...

This study investigates characteristics of individual crowdfunding practices and drivers of fundraising success, where entrepreneurs can tailor their crowdfunding initiatives better than on standardized platforms. Our data indicate that most of the funds provided are entitled to receive either...

Initially, voting rights were limited to wealthy elites providing political support for stock markets. The franchise expansion induces the median voter to provide political support for banking development as this new electorate has lower financial holdings and benefits less from the uncertainty...