From our October 2025 issue: Uruguay’s move to multi-acquiring reshaped its payment system.
A 2025 study finds:

📉 Lower market concentration
🏦 More competition + new entrants
💰 Fees stabilized even after policy agreements

Full paper below ⬇️
https://doi.org/10.1007/s11149-025-09494-9

Found in October issue: Can capital & liquidity really protect banks from systemic risk?
A 2025 study of 169 global banks finds:

💡 Capital helps most in emerging markets
⚠️ Liquidity offers weak protection
📉 NPLs heighten systemic risk

Read more below
https://doi.org/10.1007/s11149-025-09492-x

We would like to welcome Dr. Thomas Hoenig to the Editorial Board of the Journal of Regulatory Economics!

His distinguished career includes 20 years as President of the Kansas City Federal Reserve Bank. He is now a Senior Fellow at the Mercatus Center at George Mason University.

🗄️ July Article from the Archive 🗄️

Does industry self-regulation work? This 2012 study found chemical firms in the Responsible Care program increased pollution by 15.9% vs non-participants—eliminating 3 years of sector-wide reductions.

#energyeconomics #research #selfregulation

🗄️April Article from the Archive!🗄️How can market-based policies like carbon taxes be more effective?

This month: Cost Heterogeneity and Market-Based Policies.
💡Exploring how different cost structures affect policy effectiveness💡

#Economics #Policy #MarketEfficiency

⚡Sweden's electricity market⚡- would fewer, larger firms lead to higher efficiency? This article finds economies of scale lower costs, but firms have little incentive to merge. Policymakers may need to rethink regulations to encourage consolidation, and improve efficiency! #TBT

India's 2016 Real Estate Law - How did it shake up the market?🏡📉

The 2016 RERA Act led to a drop in stock prices as firms faced higher compliance costs & financing challenges. 💡A fascinating look at how major regulations reshape industries!💡

#realestate #TBT #RERA

📫How can postal services remain universal in a changing market?

A unique look at the consequences of digitalization, with data driven solutions using the Delphi and Fuzzy TOPSIS methodologies!

#Economics #TBT #Regulation #PostalServices #Policy #Technology

Are you interested in the impacts of state-level regulation on economic growth, entrepreneurship, and employment?

Call for papers: special issue of the Journal of Regulatory Economics on "The Burden of State-Level Administrative Rules"