Approach of Scaling the Level of Government Intervention in the Financial Market

Finance: New Challenges, New Opportunities: 11th International Scientific Conference “Business and Management 2020” 2020
Kristaps Freimanis, Maija Šenfelde

In the field of the economics’ regulation researchers so far have built the conceptual framework showing how the deadweight loss of market failures decrease and costs of the government intervention increase with the increased level of the government intervention. In order to quantify relationships between the level of intervention, intervention costs and the deadweight loss with econometric models it is important to understand how to apply coordinates for the data points to be included in the modelling. The main goal of the research presented in this paper is to find the unit measure for the asis of the independent variable, i.e. to shape the categorical scale corresponding to the level of intervention.

Atslēgas vārdi
categorical scale, deadweight loss, financial market regulation, market failure, government intervention
DOI
10.3846/bm.2020.591
Hipersaite
http://bm.vgtu.lt/index.php/verslas/2020/paper/view/591

Freimanis, K., Šenfelde, M. Approach of Scaling the Level of Government Intervention in the Financial Market. No: Finance: New Challenges, New Opportunities: 11th International Scientific Conference “Business and Management 2020”, Lietuva, Vilnius, 7.-8. maijs, 2020. Vilnius: VGTU Press, 2020, 407.-416.lpp. ISBN 978-609-476-231-4. e-ISBN 978-609-476-230-7. ISSN 2029-4441. e-ISSN 2029-929X. Pieejams: doi:10.3846/bm.2020.591

Publikācijas valoda
English (en)