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change is needed. The rigid system is preferable at early stages of technological development, when (lack of) commitment …
Persistent link: https://www.econbiz.de/10009150639
change is needed. The rigid system is preferable at early stages of technological development, when (lack of) commitment …
Persistent link: https://www.econbiz.de/10010274865
investment. For the first case, we find that even absent asymmetric information, a lack of regulatory commitment can cause …
Persistent link: https://www.econbiz.de/10010332652
entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high …
Persistent link: https://www.econbiz.de/10012110569
investment. For the first case, we find that even absent asymmetric information, a lack of regulatory commitment can cause …
Persistent link: https://www.econbiz.de/10010991544
entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high …
Persistent link: https://www.econbiz.de/10011977827
funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the …
Persistent link: https://www.econbiz.de/10011925841
investment. For the first case, we find that even absent asymmetric information, a lack of regulatory commitment can cause …
Persistent link: https://www.econbiz.de/10010190802
We consider an intertemporal policy game between changing governments that differ in their attitudes towards a particular feature of market outcomes, exemplified with environmental pollution. When in power, a government will choose policy instruments and set strictness of regulation with a view...
Persistent link: https://www.econbiz.de/10010284351
We consider an intertemporal policy game between changing governments that differ in their attitudes towards a particular feature of market outcomes, exemplified with environmental pollution. When in power, a government will choose policy instruments and set strictness of regulation with a view...
Persistent link: https://www.econbiz.de/10005652400