Effect of the Government Intervention on Market Efficiency

Scientific Conference on Economics and Entrepreneurship SCEE'2018 [CD-ROM] 2018
Kristaps Freimanis, Maija Šenfelde

Current research suggests that government should intervene in the market if it has not achieved efficiency by the forces of demand and supply. There are several reasons identified which causes the market to fail to allocate resources efficiently: incomplete markets, information asymmetry, public goods, externalities etc. Thereby authors research how real-life government intervention correspond to their legitimacy to intervene arising from market failures.

Keywords
Government intervention, market efficiency, monetary policy

Freimanis, K., Šenfelde, M. Effect of the Government Intervention on Market Efficiency. In: Scientific Conference on Economics and Entrepreneurship SCEE'2018 [CD-ROM], Latvia, Rīga, 18-18 October, 2018. Riga: 2018, pp.1-1. ISBN 978-9934-22-141-5. ISSN 2256-0866.

Publication language
English (en)