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Might a Securities Transactions Tax Mitigate Excess Volatility? Some Evidence From the Literature
Haberer, Markus - 2004
International financial markets are said to be excessively volatile due to destabilizing speculation and excessive market volume. Transactions taxes might help. From studying the literature we conclude that there must be an optimal market liquidity, which minimizes excess volatility. There are...
Persistent link: https://www.econbiz.de/10010323935
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Delineating the proper scope of government: A proper task for a constitutional court?
Engel, Christoph - 2000
The German Basic Law is open for an interpretation that would allow the Constitutional Court to test the normative adequacy of most statutes. If the court does, it could be modelled as the supervisor of the legislator, i.e., of the agent of the people. The model predicts collusion between the...
Persistent link: https://www.econbiz.de/10010323939
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Granting discretion to collusive agencies: The role of the standing doctrine
Lehmann, Markus - 1999
Persistent link: https://www.econbiz.de/10010323944
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Seek and ye shall find!: Linking different perspectives on institutional change
Knill, Christoph; Lenschow, Andrea - 2000
Persistent link: https://www.econbiz.de/10010323948
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The problems of collective action: A new approach
Holzinger, Katharina - 2003
The problem of collective action is usually identified with social dilemmas. A wider notion of the term collective action problem is introduced, as dilemmas are not the only problems to arise in collective action. The article first presents a typology of collective action problems based on...
Persistent link: https://www.econbiz.de/10010323950
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Die Wirkung internationaler Institutionen: Von der Normanerkennung zur Normeinhaltung
Börzel, Tanja A.; Risse, Thomas - 2001
. International institutions can deploy sanctions but also provide resources for strengthening the capacity necessary to comply …
Persistent link: https://www.econbiz.de/10010323952
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Standardising as governance: The case of credit rating agencies
Kerwer, Dieter - 2001
The global integration of financial markets has been accompanied by a transformation of their governance structures. Private intermediary organisations now play a more important role than in the past. A prominent example is provided by the commercial credit rating agencies that have established...
Persistent link: https://www.econbiz.de/10010323963
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Bringing together or driving apart the union? Towards a theory of differentiated integration
Kölliker, Alkuin - 2001
This contribution develops a theory on the impact of differentiation on integration and unity among EU member states … and discusses empirical evidence from four policy areas. According to the theory, the centripetal effects of closer … respective policy area in terms of public goods theory. The eventual participation of initially reluctant member states, which …
Persistent link: https://www.econbiz.de/10010323966
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Learning, institutions, and economic performance
Mantzavinos, C.; North, Douglass C.; Shariq, Syed - 2003
In this article, we provide a broad overview of the interplay among cognition, belief systems, and institutions, and how they affect economic performance. We argue that a deeper understanding of institutions' emergence, their working properties, and their effect on economic and political...
Persistent link: https://www.econbiz.de/10010323971