搜索结果: 16-30 共查到“理论经济学 REGULATION”相关记录30条 . 查询时间(0.193 秒)
A spatial analysis of state banking regulation
Branch banking interstate banking spatial econometrics
2011/9/24
We use a spatial model to investigate a state's choice of branch banking and interstate banking regimes as a function of the regime choices made by other states and other variables suggested in the li...
Financial Crisis 101: A Beginner's Guide to Structured Finance, the Financial Crisis, and Capital Market Regulation
financial crisis mortgage securitization monetary policy capital market
2011/9/11
The article focuses on financial crisis in the U.S. economy, mortgage securitization, factors causing crisis development, and effects on monetary policy. It states that crisis in mortgage led to mortg...
Insurance Demand Anomalies and Regulation
risk aversion individuals' demand insurance normative implications
2011/9/7
In recent years, it has become increasingly clear that risk aversion alone cannot explain individuals' demand for insurance. From the perspective of risk aversion, individuals tend to purchase insuran...
Energy Efficiency Regulation and R&D Activity:A Study of the Top Runner Program in Japan
Top Runner Standards Energy Efficiency R&D
2013/2/25
The Top Runner Program, a new approach to enhancing the energy efficiency of appliances and vehicles, has been in-troduced in Japan. In this paper an empirical analysis of the impact of the program an...
Optimal Investment and Premium Policies under Risk Shifting and Solvency Regulation
Risk Shifting Insurance Regulation Pareto Optimality
2011/3/30
Limited liability creates a conflict of interests between policyholders and shareholders of insurance companies. It provides shareholders with incentives to increase the risk of the insurer's assets a...
We show that any objective risk measurement algorithm mandated by central banks for regulated financial entities will result in more risk being taken on by those financial entities than would otherwis...
Public Utilities: Privatization without Regulation
Privatization public utilities dynamic programming
2010/12/6
In the last decades, transitional countries of Central and Eastern Europe have engaged in strong privatization programs of public utilities. However, a large part of them did not meet legal and econom...
Any Regulation of Risk Increases Risk
regulation crisis risk management value-at-risk risk Basel
2010/4/28
We show that any objective risk measurement algorithm mandated by central banks for regulated financial entities will result in more risk being taken on by those financial entities than would otherwis...
Mapping markets to the statistical mechanics: the derivatives act against the self-regulation of stock market
statistical mechanics self-regulation of stock market
2010/10/29
Mapping the economy to the some statistical physics models we get strong indications that, in
contrary to the pure stock market, the stock market with derivatives could not self-regulate.
Regulation Simulation
Regulation Simulation market
2010/10/18
A deterministic trading strategy by a representative investor on a single market asset, which generates complex and realistic returns with its first four moments similar to the empirical values of Eu...
Can Capital Ratios be the Centre of Banking Regulation – A Case Study
Mortgage securitization Financial crisis Banking regulation Capital adequacy
2010/10/21
The application, or to be more precise, the misapplication of securitization in the mortgage market had fatal consequences for the financial sector worldwide. More over securitization techniques enabl...
Regulation and the Wealth of Nations: The Connection between Government Regulation and Economic Progress
Wealth Nations Government Regulation
2009/7/23
Adam Smith’s main message is that when unregulated, undistorted rewards
are higher in one activity than another, economic progress is usually promoted
if resources flow toward the high-return use. A...
A Theory of Liquidity and Regulation of Financial Intermediation
Liquidity Regulation Financial Intermediation
2014/3/18
This paper studies a Diamond–Dybvig model of providing insurance against unobservable liquidity shocks in the presence of unobservable trades. We show that competitive equilibria are inefficient...
State Regulation of Open-Access, Common-Pool Resources
State Regulation Open-Access Common-Pool Resources
2014/6/25
Open-access, common-pool resources, such asmany fisheries, aquifers, oil pools, and the atmosphere, often require some type of regulation of private access and use to avoid wasteful exploitation. This...
Political Constraints on Government Cartelization: The Case of Oil Production Regulation in Texas and Saudi Arabia
Political Constraints Government Cartelization The Case of Oil Production Regulation Texas and Saudi Arabia
2014/6/27
We examine government cartelization efforts in crude oil production. Texas and Saudi Arabia are alleged to act as swing producers to maintain the interstate (1933-1972) and OPEC (1973 on) oil cartels ...