In order to study the effect of sector-specific regulation on industry behavior and market outcome, regulatory density must be measured. The "Polynomics Telecommunication Regulation Index 2012" aims to provide such a measure for telecommunications. It is based on coded answers to almost 30...

Empirical research based on the Bhaduri/Marglin-variant of the Kaleckian model has recently shown that aggregate demand in many medium-sized and large open economies tends to be wage-led in the medium to long run, even in a period of increasing globalisation. In this paper we extend this type of...

In January 2011, a price regulation was established in the Austrian gasoline market which prohibits firms from raising their prices more than once per day. Similar restrictions have been discussed in New York State and Germany. Despite their intuitive appeal, this article argues that...

In January 2011, a price regulation was established in the Austrian gasoline market which prohibits firms from raising their prices more than once per day. Similar restrictions have been discussed in New York State and Germany. Despite their intuitive appeal, this article argues that...

Increasing price levels, high price volatility and the suspicion of collusive behavior are important topics of public debates on competition in retail gasoline markets in many countries. Several governments and competition authorities introduced fuel price regulations in form of restrictions on...

The European Union plans to achieve fully liberalized internal electricity markets by 2014. Achieving this ambitious goal is strongly dependent on two factors: national energy policies and transmission networks. The current work focuses on the national policies of three EU states across three...