This paper analyzes why an entry regulation that generated large rents was abruptly abolished. We argue that the rents … supporting the regulation dissipated because a new technology encouraged illegal entry by raising the cost of enforcement. In …

methodologies, this paper investigates empirically the determinants of money laundering and its regulation in over 80 countries by … additionally constructs specific money laundering regulation indices based on available information on laws and their mechanisms of … across countries; the results are robust to potential endogeneity of money laundering regulation. The relevance of historical …

number of non-compliant firms is much larger than the number of firms adjusting out of the regulation. Thus non …

conceptualized as a form of algorithmic regulation or governance-by-data. Therefore, the implementation of personalized law requires …

proceeded through a strategy we call Regulation by Selective Enforcement. Rather than impose penalties on a significant number … developing issues of national importance. We conclude that while the SEC's Regulation by Selective Enforcement strategy has been …

We examine whether a shock to the enforceability of Regulation Fair Disclosure (Reg FD) limited its ability to restrict …