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In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality … share of both the “very unhappy” and the “perfectly happy”. Lower happiness inequality is found both between and within …
Persistent link: https://www.econbiz.de/10011126047
In this paper we propose to measure inequality of educational achievements by constructing a Gini index on educational … attainments. We then use the proposed measure to analyse the relationship between inequality in incomes and educational …-linear relationship between these two measures of inequality, actual data indicate that average years of education have a stronger …
Persistent link: https://www.econbiz.de/10010745976
‘Safe harbour’ is shorthand for a bundle of privileges in insolvency which are typically afforded to financial institutions. They are remotely comparable to security interests as they provide a financial institution with a considerably better position as compared to other creditors should...
Persistent link: https://www.econbiz.de/10011264787
independent than Central Banks are on their monetary task; (v) thesupervisory agency cannot rely on high powered incentives to …
Persistent link: https://www.econbiz.de/10010744814
) matched to bank-level panel data for the US, Canada and 27 European countries. Ourdataset covers almost 7,000 banks (including … operating costs and is greater for smaller firmsthan larger firms. Although the long-run effects are similar, US and UK banks …
Persistent link: https://www.econbiz.de/10010744922
The objective of this paper is to propose a model to assess risk for banks. Its main innovation is to incorporate … endogenous interaction between banks, recognising that the actual risk to which an individual bank is exposed also depends on its … interaction with other banks and other private sector agents. To this end, we develop a two-period general equilibrium model with …
Persistent link: https://www.econbiz.de/10010745460
calibrated against UK data. The model comprises a household sector, three active heterogeneous banks, a central bank … in our model, i.e. banks’ probabilities of default and banks’ profits - to a proxy of welfare. …
Persistent link: https://www.econbiz.de/10010745512
Interpretation for Banks represented a critical step on the way to delineate the relationship between the financial sector and human … rights: the document lays the foundations for the adoption of the first ever comprehensive guide on how universal banks …
Persistent link: https://www.econbiz.de/10011126414
. This paper examines the cases of Bolivia and Colombia to explore decentralisation’s effects on government responsiveness …, decentralisation made government more responsive by re-directing public investment to areas of greatest need. In Colombia …
Persistent link: https://www.econbiz.de/10010928596
the remarkable case of Bolivia with the more complex case of Colombia to explore decentralization’s effects on public … education outcomes. In Colombia, decentralization of education finance improved enrollment rates in public schools. In Bolivia …
Persistent link: https://www.econbiz.de/10010928741