Understanding the text in legal documents can be challenging due to their complex structure
and the inclusion of domain-specific jargon. Laws and regulations are often crafted in such a …

We propose a theory of the complexity of economic decisions. Leveraging a macroeconomic
framework of production functions, we conceptualize the mind as a cognitive economy …

Previous literature offers conflicting findings on how the restrictiveness of the regulatory
environment—the amount of rules that prohibit specific activities—affects innovation of firms …

Building on administrative data and machine-learning models, I develop a firm-specific
measure of regulatory intensity: cost of compliance with all federal paperwork regulations …

Medical device regulations are dynamic, as they need to cover an ever changing landscape.
In Europe this has led to a new set of regulations (both for Medical Devices and In Vitro …

The banking reforms that followed the financial crisis of 2007–08 led to an increase in UK
banking regulation from almost 400,000 to over 720,000 words, and to concerns about their …

Complex or poorly drafted regulations are more difficult for economic agents to implement,
eroding economic efficiency. The literature has so far concentrated on the analysis of …

This research explores the impact of document complexity and readability on user
preferences for disclosure information on commercial bank web portals, with a focus on …

This paper investigates the macroeconomic impact of legislative complexity in relation to
political corruption on growth rate, welfare level and income distribution. After reviewing …

In this cover paper, we introduce a Special Issue (SI) published after the fourth edition of a
series of financial stability conferences organized by Bank of Mexico, CEMLA, Bank of …