The financial markets have developed a variety of methods to cater for borrowers with substantial financing requirements, while simultaneously devising mechanisms for risk diversification. A key evolution was the development ...

Securities and Exchange Commission (SEC) regulations in 1975 gave select rating agencies increased market power by increasing both barriers to entry and the reliance on ratings for regulations. We test whether these ...

This article aims to point out how the enforced self-regulationsystem in the fight against money laundering in Brazil, by means of compliance incentive, leads to the so-called phenomenon of the regulatory agencies' capture, ...

Economists have argued that regulation is the appropriate approach to maintain output in its economically efficient level in a natural monopoly, and that can be achieved by submitting these companies to regulatory agencies’ ...

The incidence of alternative work arrangements has risen during recent decades, affecting the shape of the economy and leading to calls for changes in labor regulation. In this paper, we study the demand for temporary ...

El sistema de regulación y supervisión por administraciones independientes ha significado una de las más importantes reformas del derecho público europeo. Su influencia en las transformaciones que se han venido gestando ...

El sistema de regulación y supervisión por administraciones independientes ha significado una de las más importantes reformas del derecho público europeo. Su influencia en las transformaciones que se han venido gestando ...