Showing 1 - 10 of 325
"According to the conventional wisdom, when an economy enters a recession and nominal prices adjust slowly, the monetary authority should devalue the domestic currency to make the recession less severe. The reason is that a devaluation of the currency lowers the relative price of non-tradable...
Persistent link: https://www.econbiz.de/10011394220
"Vermeersch and Kremer examine the effects of subsidized school meals on school participation, educational achievement, and school finance in a developing country setting. They use data from a program that was implemented in 25 randomly chosen preschools in a pool of 50. Children's school...
Persistent link: https://www.econbiz.de/10010522676
"Over the past two decades, globalization, and more specifically the increased exposure to competition from low … costs are used as an exogenous measure of import competition. The authors find a positive and robust effect of import … competition on product quality. This effect is found to be particularly strong for non-exporting plants. The results also show …
Persistent link: https://www.econbiz.de/10011394188
Persistent link: https://www.econbiz.de/10011393741
"Under the traditional "competition-fragility" view, more bank competition erodes market power, decreases profit … margins, and results in reduced franchise value that encourages bank risk taking. Under the alternative "competition … suggest that - consistent with the traditional "competition-fragility" view - banks with a greater degree of market power also …
Persistent link: https://www.econbiz.de/10010521063
Competition can drive productivity growth in Kosovo, especially in the context of the post-Coronavirus disease 2019 … recover from economic shocks more quickly. Competition in product markets can also prop-up economic recovery in a more … inclusive way for the poorest households. Kosovo has made significant progress towards pro-competition regulation of product …
Persistent link: https://www.econbiz.de/10013545583
"Regulation is purportedly enacted to serve specific social purposes. In reality, however, it follows a more complex political economy process, where legitimate social goals are mixed with the objectives of particular interest groups. Whatever its justification and objectives, regulation can...
Persistent link: https://www.econbiz.de/10010522729
Persistent link: https://www.econbiz.de/10010523053
Persistent link: https://www.econbiz.de/10010523110