When is regulation more efficient than competition?
Long Title: When is regulation more efficient than competition? Teaser: When is regulation more efficient than competition? This column provides a theoretical framework for thinking about these issues...
View ArticleDoes price regulation affect the adoption of new pharmaceuticals?
Long Title: Does price regulation affect the adoption of new pharmaceuticals? Teaser: Pharmaceutical price regulations make drugs more accessible to consumers – if the products are brought to market....
View ArticlePrice distortions slow economic growth in sub-Saharan Africa
Long Title: Price distortions slow economic growth in sub-Saharan Africa Teaser: Real income in sub-Saharan Africa has grown by less than 1% per year over the past half century. Yet within this dismal...
View ArticleWhy do we need a financial sector?
Long Title: Why do we need a financial sector? Teaser: This column launches a new Vox Debate titled “Why do we need a financial sector and how much should we pay for it”. The column argues standard...
View ArticleWhat is the value of the financial sector? Discuss
Teaser: Wouter den Haan of the London School of Economics talks to Viv Davies about his lead commentary in the current Vox Debate on the value of the financial sector. He argues that standard measures...
View ArticleIs light-touch regulation passé?
Long Title: Is light-touch regulation passé? Teaser: Following the crisis of 2008–09 a period of banking-sector vulnerability occurred in many countries. To what extent did this vulnerability result...
View ArticleMacroeconomic adjustment and the history of crises in open economies
Long Title: Macroeconomic adjustment and the history of crises in open economies Teaser: Are countries that have previously experienced banking crises less vulnerable to them in the future? This...
View ArticleUnbundling the incumbent: Evidence from UK broadband
Long Title: Unbundling the incumbent: Evidence from UK broadband Teaser: In many countries, incumbent broadband providers are required to let new entrants access their network, what is called ‘local...
View ArticleImplementation of Basel III in the US will bring back the regulatory...
Long Title: Implementation of Basel III in the US will bring back the regulatory arbitrage problems under Basel I Teaser: Rejigging financial regulation is in vogue. But, in the world of international...
View ArticleOn the causes and consequences of land use regulations
Long Title: On the causes and consequences of land use regulations Teaser: Zoning policies and land use regulations are widespread. This column presents recent research suggesting that regulations...
View ArticleA banking union for the Eurozone
Long Title: A banking union for the Eurozone Teaser: The crisis has highlighted the need for, and difficulties with, a Eurozone banking union. This column argues that, to make a union, you need three...
View ArticleHow have financial markets reacted to financial-sector reforms after the crisis?
Long Title: How have financial markets reacted to financial-sector reforms after the crisis? Teaser: Lax financial-sector regulation was the fulcrum of the Global Crisis and policymakers reacted by...
View ArticleThe effect of regulation on banks’ liquidity buffers
Long Title: The determinants of banks’ liquidity buffers and the role of liquidity regulation Teaser: What are the determinants of banks’ liquidity holdings and how are these reshaped by liquidity...
View ArticleMarket mechanisms in retreat
Long Title: Market mechanisms for regulation: Cap-and-trade and ObamacareTeaser: Market-based mechanisms such as cap-and-trade can tackle externality problems more efficiently than command-and-control...
View ArticleEnsuring the European Resolution Fund is large enough
Long Title: How much is enough? The case of the Resolution Fund in Europe Teaser: The European Resolution Fund is intended to reach €55 billion – much less than the amount of public assistance...
View ArticleCannabis use and liberalisation attitudes
Long Title: Is cannabis use really so harmful? Teaser: There is a robust positive association between support for cannabis liberalisation and cannabis use, but it is unclear whether users have...
View ArticleDeterminants of generic medicine adoption
Long Title: Determinants of generic medicine adoption Teaser: Generic medicines are cheaper than their branded counterparts, offering potential savings in healthcare budgets. Medicine-price...
View ArticleSpillovers from systemic bank defaults
Long Title: Spillovers from systemic bank defaults Teaser: To date, much uncertainty exists about how large the spillovers would be from the default of a systemically important bank. This column...
View ArticleAre banks too large?
Long Title: Are banks too large? Teaser: Large banks have grown and become more involved in market-based activities since the late 1990s. This column presents evidence that large banks receive...
View ArticleNet neutrality: Goals and challenges
Long Title: Net neutrality: A simple goal with some difficult implementation ahead Teaser: Netflix recently agreed to pay Comcast for faster access to Comcast’s customers, intensifying the debate...
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