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Political cycles foster the effects of land price distortion on land misallocation.
"A national severe price distortion seems most unlikely," he said in 2004.
Despite IOSCO's fears of price distortion, it backed away from recommending changes after fierce lobbying from the industry.
This is the subject of our new article, which provides an empirical examination of the impact of insider trading on market performance and price distortion.
Reforms of China's land-leasing system and central-local fiscal institutional arrangements are needed to reshape local governments' land-leasing incentives and remove land price distortion.
Alan Greenspan was more than willing to tell us that a "national severe price distortion seems most unlikely in the United States".
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This great exodus has contributed to short-term price distortions.
The price distortions that they cause alter investment plans in producer countries, usually developing nations.
They also argue that regulators lack data tying speculative trading to price distortions.
Its high-powered computers are programmed to profit from split-second price distortions.
The commission has said that even small price distortions could have a "huge impact" on energy prices.
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