Economics Stack Exchange
Economics Stack Exchange

Questions tagged [regulation]

41 questions
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Wouldn't abolition of cash give rise to a substitute currency?

Some countries (e.g. Sweden and Denmark) plan to abolish physical cash in the future and restrict the use of cash to electronical deposits. One of the reasons for this is to prevent hoarding / boost spending of money, which could be achieved by…
proskor
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Banking Regulatory Frameworks, between the 1973 collapse of Bretton Woods and the introduction of the Basel Accords in 1988?

Does anyone know of any work on banking system behaviour, and in particular the governing regulatory frameworks that applied between the 1973 collapse of the gold standard based Bretton Woods system and the introduction of the Basel Accords and…
Lumi
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Are obstructed views a negative externality?

I recently read an excellent paper on the causes of high urban real estate prices in the United States, Why is Manhattan so expensive? Regulation and the rise in house prices (GLAESER, GYOURKO, and SAKS (2005)). In trying to understand if…
BKay
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Why hasn't massive derivatives exposures at banks already led to disaster?

I recently heard that Deutsche Bank had $72trillion of "derivatives exposure", which is many times greater then the entire German GDP. Now as I understand it, derivatives are essentially just bets on the movement of assorted prices... so I am…
Mick
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References where fewer rules resulted in better governance

I am trying to find references that support an idea that I think I read in a book on theory of institutions. I can't find the original reference. Basically, I'd like to find anything that talks about number of rules and the strictness of enforcement…
Steve Clanton
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Hayek's defense of competition regulation

This article claims Hayek endorsed competition regulation: As it evolved, neoliberalism became more strident. Hayek’s view that governments should regulate competition to prevent monopolies from forming gave way – among American apostles such as…
Incognito
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Books/Papers on Macroprudential Regulation

I am looking for some good introductory papers or possible books on macroprudential regulation.
Thorst
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Should free market consumers have the maximum information easily available?

As far as I know, free markets rely on well-informed consumers. If this is the case, shouldn't an efficient free market provide consumers as much information as possible about a product so that the consumer can accurately tell the market what they…
thosphor
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Difference between CCAR and ICAAP stress tests

What is the difference between ICAAP and CCAR? Except that one is for USA and other is for Canada?
Victor123
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How can a free market be operated in a way that significant social and environmental costs are intrinsically covered?

More precisely, is there any practical way to operate a free market so that external costs, namely negative social and environmental impacts, become naturally (intrinsically) covered (paid for or mitigated) by the market itself? History suggests…
J Conklin
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Reason for SMEs in the European Union employing the bulk of people?

Is there any specific reason why SMEs in the European Union employ the vast majority of people in general as well as in certain industries? Are they exempt from certain regulatory burdens such as certain labour laws, for instance minimum wage…
Jacques Jonker
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Is there a list of U.S. government regulations or actions that depend on government produced statistics?

I'm interested in compiling a list of government actions that depend on government produced figures. For example social security benefits depend on the CPI. I don't know if such a list already exists.
Hal J
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How do we explain the difference in average leverage between banks and non-financial firms?

I've been reading a little about the capital structure of banks. For example, in this working paper, "Financing as a Supply Chain: The Capital Structure of Banks and Borrowers" by Gornall and Strebulaev (accessed 2014), it mentions this: There is…
jmbejara
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Size and influence of the regulatory/supervisory sector

I am interested in the size of what I call the regulatory/supervisory sector in Western economies. A regulatory/supervisory (R&S) activity involves either: Determining a set of rules economic agents must comply with under penalty of retaliatory…
Daneel Olivaw
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Can't government experiment on price in the case of a monopoly?

In the lecture given by Jon Gruber at MIT, he talks about the governmental regulations on monopolies, and he states that (in short) for government to regulate a monopoly, it needs to know the price of that good in the case of a perfectly…
Our
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