], and extend it to a random regulator. This model generalizes and unifies the different competitive frameworks proposed in … the several situations following from the parametrization of the regulator. Finally, we study the effect of the …

containing original concepts: cascaded individuals, a social planner vs a regulator, aggregate deposits (stock) vs pyroclastic …

helps to prevent capture, increases the likelihood of ex post investigation and improves welfare. …

micro-enterprises, representing 99 per cent of all newly created businesses, suffer from a lack of external resources … (MFIs), dedicated to persons partially or totally excluded from the banking sector, have therefore developed special lending … business plan, whereas the second type, mainly monthly guaranteed benefit income recipients totally excluded from the banking …

banking system. For that purpose, we consider an overlapping generation model with endogenous growth. There is horizontal … differentiation and imperfect competition in the banking sector. Macro-economic shocks affect the return on capital and, together with … the expectations of depositors, condition the stability of the banking sector. We specify to what extent deposit insurance …

Book review of a selection of Jean-Baptiste Say's principal writings on money and banking …

competitive, and the output market can be either com- petitive or oligopolistic. First, we de…ne the condition for which banking …