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Less bank regulation, more non-bank lending
Chen, Mary; Lee, Seung Jung; Neuhann, Daniel; Saidi, Farzad - 2024
Bank deregulation in the form of the repeal of the Glass-Steagall Act facilitated the entry of non-bank lenders into the market for syndicated loans during the pre-2008 credit boom. Institutional investors disproportionately purchase tranches of loans originated by universal banks able to...
Persistent link: https://www.econbiz.de/10014533282
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Independent Regulation of Public Utilities in Developing Countries and Efficiency : The Case of Electricity Sector
Sarr, Babacar - 2015
introducing Independent Regulation in the electricity industry is effective in stimulating performance improvements: this lead to …
Persistent link: https://www.econbiz.de/10013032133
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Liberalisation of International Civil Aviation – Charting the Legal Flightpath
Lykotrafiti, Antigoni - 2020
The paper focuses on the issue of liberalisation of international civil aviation, examining how the law could accommodate a reform of the Chicago regime. It looks into the strengths and weaknesses of the most prominent legal options available to States to implement liberalisation, namely,...
Persistent link: https://www.econbiz.de/10014098006
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The Politics of Temporary Work Deregulation in Europe : Solving the French Puzzle
Vlandas, Tim - 2016
Temporary work has expanded in the last three decades with adverse implications for inequalities. Because temporary workers are a constituency that is unlikely to impose political costs, governments often choose to reduce temporary work regulations. While most European countries have indeed...
Persistent link: https://www.econbiz.de/10013007403
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The Impact of Tax, Product and Labour Market Distortions on the Phillips Curve and the Natural Rate of Unemployment
Bokan, Nikola - 2010
Most people accept that structural and labour market reforms are needed in Europe. However few have been undertaken. The usual conjecture is that reforms are costly in economic performance and costly to finance. Blanchard and Giavazzi (2003) and Spector (2004) develop a general equilibrium model...
Persistent link: https://www.econbiz.de/10013135626
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The impact of tax and market distortions on the Phillips Curve and the natural rate of unemployment
Bokan, Nikola (contributor);  … - 2008
Most people accept that structural and labour market reforms are needed in Europe. However few have been undertaken. The usual conjecture is that reforms are costly in economic performance and costly to finance. Blanchard and Giavazzi (2003) and Spector (2004) develop a general equilibrium model...
Persistent link: https://www.econbiz.de/10003748818
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The impact of labour market deregulation : lessons from the "Kiwi" and "Polder" models
Gorter, Cees; Poot, Jacques - 1999
Unemployment remains a major economic and social problem in many developedeconomies. Thispaper provides theoretical and empirical perspectives on the impact of labourmarket deregulation as a means of combatting unemployment and of enhancing competitivewage determination. The paper focusses...
Persistent link: https://www.econbiz.de/10011300559
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Industrial Actions and Firing Regimes : How Deregulating Worker "Exit" Reshapes Worker "Voice"
Belloc, Filippo - 2021
discharge regulation and industrial actions. We empirically answer the question as whether stricter dismissal laws make EU …
Persistent link: https://www.econbiz.de/10013235350
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The Impact of Tax and Market Distortions on the Phillips Curve and the Natural Rate of Unemployment
Ormerod, Paul - 2011
Most people accept that structural and labour market reforms are needed in Europe. However few have been undertaken. The usual conjecture is that reforms are costly in economic performance and costly to finance. Blanchard and Giavazzi (2003) and Spector (2004) develop a general equilibrium model...
Persistent link: https://www.econbiz.de/10013132140
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Two roads diverged: two alternate strategies for protecting captive freight shippers in the "americas" model of freight rail restructuring
Pittman, Russell W. - 2024
example, the United States, Canada, Mexico, and Brazil - it's not so straightforward. For freight shippers lacking economic … categories: 1) direct regulation of rates, and 2) imposed, regulated competition from a second railway (for example …, interswitching or trackage rights). We argue that, despite disadvantages familiar to every Economics 101 student, direct regulation …
Persistent link: https://www.econbiz.de/10015073852