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This lecture discusses the 2010 crisis of the European Monetary Union and draws some lessons for reform. Crisis resolution has been difficult because the sovereign debt crisis of countries like Greece and Portugal has come together with real-estate and banking crises in countries like Ireland...
Persistent link: https://www.econbiz.de/10009153317
-out guarantee. The reason is that the prospect of a bail-out induces the protected bank to expand, thereby intensifying competition …
Persistent link: https://www.econbiz.de/10002526282
The paper reconsiders arguments raised from the viewpoint of competition policy against Germany’s centralized Dual … performance. Furthermore, other features identified in the debate as hampering competition are argued as having an economic …
Persistent link: https://www.econbiz.de/10011582240
This lecture discusses the 2010 crisis of the European Monetary Union and draws some lessons for reform. Crisis resolution has been difficult because the sovereign debt crisis of countries like Greece and Portugal has come together with real-estate and banking crises in countries like Ireland...
Persistent link: https://www.econbiz.de/10010286723
-out guarantee. The reason is that the prospect of a bail-out induces the protected bank to expand, thereby intensifying competition …
Persistent link: https://www.econbiz.de/10010261478
Grundlagen erläutert und es stellt sich heraus, daß der Wettbewerb als ein evolutionärer Prozeß zu analysieren ist, der innerhalb … competition policy. I call it the Institutional-Evolutionary Antitrust Model. In order to construct an antitrust model one needs … both empirical knowledge and considerations of how to adequately deal with norms. The analysis of competition as an …
Persistent link: https://www.econbiz.de/10010323983
competition policy. I call it the Institutional-Evolutionary Antitrust Model. In order to construct an antitrust model one needs … both empirical knowledge and considerations of how to adequately deal with norms. The analysis of competition as an … Grundlagen erläutert und es stellt sich heraus, daß der Wettbewerb als ein evolutionärer Prozeß zu analysieren ist, der innerhalb …
Persistent link: https://www.econbiz.de/10010324006
Grundlagen erläutert und es stellt sich heraus, daß der Wettbewerb als ein evolutionärer Prozeß zu analysieren ist, der innerhalb …
Persistent link: https://www.econbiz.de/10011581950
competition policy. I call it the Institutional-Evolutionary Antitrust Model. In order to construct an antitrust model one needs … both empirical knowledge and considerations of how to adequately deal with norms. The analysis of competition as an …
Persistent link: https://www.econbiz.de/10011582635