Showing 1 - 10 of 19
In the view of most policymakers and economists,competition in retail banking takes place in localmarkets covering a relatively small geographic area.Banks are thought to design their services and settheir loan and deposit rates in response to the supply anddemand conditions prevailing in a...
Persistent link: https://www.econbiz.de/10005870100
[...]We conclude that technological change, combinedwith overall growth in the capital stock, is the most importantfactor driving the growing wage inequality betweenlow-skilled and high-skilled workers. Increased competitionfrom abroad, both from developing and industrializedcountries, appears...
Persistent link: https://www.econbiz.de/10005870367
This paper examines major privately-owned British railway companies before World War I. Quantitative evidence is presented on return on capital employed, total factor productivity growth, cost inefficiency, and speed of passenger services. There were discrepancies in performance across companies...
Persistent link: https://www.econbiz.de/10005870385
This paper uses recently digitised samples of apprentices and masters in London and Bristol to quantify the practice of apprenticeship in the late 17th century. Apprenticeship appears much more fluid than is traditionally understood. Many apprentices did not complete their terms of indenture;...
Persistent link: https://www.econbiz.de/10005870488
This paper examines the effect of a new technology on a labour-intensive service. Comparing primal and dual TFP-growth with final-year social savings, we find that, between 1900 and 1938, motion pictures increased entertainment output (measured in spectator-hours) by at least nine percent...
Persistent link: https://www.econbiz.de/10005870549
This article examines the hypothesis that in the “Third Reich”, bureaucratic agencies engaged in economic policies competed with each other. First, a model of competition is constructed whose predictions are then compared with actual political processes in Nazi Germany. This shows that the...
Persistent link: https://www.econbiz.de/10005870590
We find little support for the Schumpeterian hypothesis of a positiverelationship between market power and innovation in 1950’s Britain eventhough many economists and policymakers accepted it at the time. Pricefixingagreements were very widespread prior to the 1956 RestrictivePractices Act and...
Persistent link: https://www.econbiz.de/10005870753
The travel of small facts (such as data) across geographicallocations and disciplines is increasingly regulated by the private andpublic sponsors of digital databases. My analysis focuses on thecontrast between the strategies supported by the public and privatesectors in governing bioinformatic...
Persistent link: https://www.econbiz.de/10005870906
This paper reviews some issues relevant to the delivery of public services. Itreviews some of the debates and flags some issues that are significantworldwide, especially in Africa. It emphasises how the debate has movedalong in terms of defining the relative responsibilities of the public...
Persistent link: https://www.econbiz.de/10008860722