Date: 2019
Type: Article
Bailouts : the lesser of two evils?
Journal of policy modeling, 2019, Vol. 41, No. 1, pp. 84-98
CALÒ, Silvia, Bailouts : the lesser of two evils?, Journal of policy modeling, 2019, Vol. 41, No. 1, pp. 84-98
- https://hdl.handle.net/1814/66306
Retrieved from Cadmus, EUI Research Repository
This paper investigates the relation between bailouts and regulation. Regulation, by limiting the room for government intervention in the market, can affect the likelihood and size of a bailout. While a higher level of regulation is associated with a lower likelihood of a direct acquisition, such countries resort to a higher use of State aid. The findings suggest the more transparent nature of direct acquisitions, makes them the lesser of two evils. In this light, policymakers should monitor State Aid and bailouts together, with the aim of making the former more transparent.
Additional information:
Available online 17 July 2018.
Cadmus permanent link: https://hdl.handle.net/1814/66306
Full-text via DOI: 10.1016/j.jpolmod.2018.06.007
ISSN: 0161-8938
Publisher: Elsevier
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