Using machine learning algorithms to find patterns in stock prices
AbstractThis paper analyzes the regulation of access to, and activity of, the legal and medical professions. A critical assessment is offered of the economic theory of the regulation of professions in relation to the key issues of: (a) Why regulate, (b) How to regulate, and (c) What to regulate. We suggest a set of indicators to measure the quality of regulatory restrictions, and thereby expose comparative inefficiencies, in the medical and legal professional activities. We conclude that generally speaking the USA followed by Norway, the UK [England and Wales] and Belgium perform better in terms of efficient regulation, whereas Germany, Austria and Portugal perform badly for both legal and medical professionals. Other countries (including the Netherlands, Spain, France) vary. Our results are partly, but not entirely, consistent with previous findings.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by FEDEA in its series Working Papers with number 2006-11.
Date of creation: Jun 2006
Date of revision:
Contact details of provider:
Web page: http://www.fedea.net
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carmen Arias).
If references are entirely missing, you can add them using this form.