Showing 1 - 10 of 33
the STRIPS market, this action would ensure thatSTRIPS promising to pay the same amount on the same futuredate will trade … at the same price, and it would enhance theinternal integration of the market for notes and bonds as wellas the … integration of that market with the STRIPS market. Inparticular, it would result in very nearly identical market pricesfor …
Persistent link: https://www.econbiz.de/10005870027
between Northern and Southern economic development has widened. In this context, the creation of the Italian national market … has been a highly debated topic. Originally, it was thought that Italian regions did not experience much market …, Federico (2007) finds evidence of market integration starting even before 1861. The purpose of the present study is to examine …
Persistent link: https://www.econbiz.de/10005870396
This paper tests whether the so-called ‘reach of the market’ helps to explain ‘why Europe’ and ‘why north … process of commodity market integration pre-dated the take-off in the late eighteenth or early nineteenth century, so it was …
Persistent link: https://www.econbiz.de/10005870461
) to the emergence of the world’s first successful market economy.[...] …
Persistent link: https://www.econbiz.de/10005870702
growth process has fallen under therubric of market integration, the conversion of discrete and autonomous markets intoan … interdependent and unified whole. This concept of market integration is particularlyrelevant to the early modern era in Europe, in …
Persistent link: https://www.econbiz.de/10005870755
a strong market position until World War I. This dissertation investigates the rise and fall of the Anglo-Norwegian ice …
Persistent link: https://www.econbiz.de/10005870787
The state is conceptually distinct from both economy and society, with inherent interests in expanding its scope for autonomous action, asserting control over economic and social interactions, and structuring economic and social relations. These interests derive primarily from the state’s...
Persistent link: https://www.econbiz.de/10005870833
One of the many miracles of Victorian Britain’s market economy was that it worked most efficiently when it was left to … throughout the nineteenth century assumed, following Adam Smith, that the market was naturally self-governing, and that economic …, there emerged a recognition that in some circumstances the discipline of the market could not be relied on to produce …
Persistent link: https://www.econbiz.de/10005870941
the contradictions in the Third Way’s effort to reconcileprivate market, managerial efficiencies with the goals of …
Persistent link: https://www.econbiz.de/10008695293
[...]The analysis of competitive markets culminated in the fundamental theorems of welfare economics which elucidated the (restrictive) conditions under which resource allocation by markets would achieve Pareto efficiency. The first fundamental theorem says that all perfectly competitive...
Persistent link: https://www.econbiz.de/10009248812