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two similar-sized banks operating in the Netherlands in the 1920s: the Amsterdamsche Bank and the Rotterdamsche … Bankvereeniging. Whilst the first escaped the crisis relatively unscathed, the second required assistance from the Nederlandsche Bank …, the Dutch central bank. A new and detailed narrative of one episode of the crisis using as yet unused primary sources is …
Persistent link: https://www.econbiz.de/10005870562
, centralbanks have made extensive use of both new and existing toolsfor supplying central bank money to financial institutions …
Persistent link: https://www.econbiz.de/10005869394
Persistent link: https://www.econbiz.de/10014272594
It has long been recognized that the media play an essential role in governmentaccountability. However, even in the absence of censorship, the government mayinfluence news content by maintaining a "cozy" relationship with the media. Thispaper develops a model of democratic politics in which...
Persistent link: https://www.econbiz.de/10009138477
This paper examines pre-colonial interaction among polities along the Konkan coast, from Surat to Goa, during the long half-century c.1680-1756. Specifically it uses the dynasty of the Angrias, who were deemed pirates by the European powers but were actually an integral part of the Maratha...
Persistent link: https://www.econbiz.de/10005870387
Recent sociological analysis of the extent to which modern British society hasbecome more meritocratic raises important conceptual issues for the recurrenteconomic history debate concerning the social mobility of Britain’s business leaders.The majority view in this debate is that high social...
Persistent link: https://www.econbiz.de/10005870757
We provide evidence on the match between …rms, managers, and incentives using anew survey that contains information on managers' risk preferences and human capital,on their compensation schemes, and on the …rms they work for. The data is consistentwith the equilibrium correlations predicted by...
Persistent link: https://www.econbiz.de/10005870955
Among other areas such as housing and urban renewal, economic development was seen as a key factor in the recovery in Leipzig. The City Department of Economic Development and the Economic Initiative Mitteldeutschland, a lobby group representing large regional employers, designed a cluster...
Persistent link: https://www.econbiz.de/10008836912
When should expertise be shared in markets and when in …firms? Knowl-edge exchanges in the market involve less information about the quality ofthe provider's expertise, but facilitate good utilization of experts knowledge.In a …rm, management holds soft information about individuals...
Persistent link: https://www.econbiz.de/10008860687
This paper uses confidential microdata from the Census of Services to examine lawfirms' field boundaries. We find that the share of lawyers working in field-specializedfirms increases as market size increases and lawyers field-specialize, indicating thattransaction costs among lawyers, and not...
Persistent link: https://www.econbiz.de/10008860690