Similar Search Results

Manning, Alan - London School of Economics (LSE) - 2000

description of the way in which labour markets actually work. This paper uses the techniques of search theory to analyse the …

Persistent link: https://www.econbiz.de/10010746659

Search and endogenous concentration of liquidity in asset markets

Vayanos, Dimitri; Wang, Tan - London School of Economics (LSE) - 2004

We develop a search-based model of asset trading, in which investors of different horizons can invest in two identical … assets. The asset markets are partially segmented: buyers can search for only one asset, but can decide which one. We show … that there exists a "clientele" equilibrium where one market has more buyers and sellers, lower search times, higher …

Persistent link: https://www.econbiz.de/10010928661

A search-based theory of the on-the-run phenomenon

Vayanos, Dimitri; Weill, Pierre-Olivier - London School of Economics (LSE) - 2005

through search. Short-sellers can endogenously concentrate in one asset because of search externalities and the constraint … that they must deliver the asset they borrowed. As a result, that asset enjoys both greater liquidity, measured by search …

Persistent link: https://www.econbiz.de/10010745747

Seigniorage

Buiter, Willem H. - London School of Economics (LSE) - 2007

In this paper I analyse four different but related concepts, each of which highlights some aspect of the way in which the state acquires command over real resources through its ability to issue fiat money. They are (1) seigniorage (the change in the monetary base), (2) Central Bank revenue (the...

Persistent link: https://www.econbiz.de/10010884602

The EU commission and national governments as partners: EC regulatory expansion in telecommunications 1979-2000

Thatcher, Mark - London School of Economics (LSE) - 2001

Explicitly or implicitly, general models of European integration claim that EC regulatory expansion involves a struggle for power between Commission and national governments. The Commission is seen as a policy entrepreneur, taking the initiative to drive forward integration (Sandholtz and Zysman...

Persistent link: https://www.econbiz.de/10010884603

Limits to globalisation: some implications for taxation, tax policy, and the developing world

Roxan, Ian - London School of Economics (LSE) - 2012

Globalisation is a phenomenon that is said to have radically changed the international economy. It is said to have radically limited the power of national governments, particular in the field of taxation, in a world of highly mobile capital and flexible transnational corporations. To explore the...

Persistent link: https://www.econbiz.de/10010884624

The National Audit Office, the Public Accounts Committee and the risk landscape in UK public policy

Dunleavy, Patrick; Gilson, Christopher; Bastow, Simon; … - London School of Economics (LSE) - 2009

Persistent link: https://www.econbiz.de/10010884670

Taxation and capital structure: evidence from a transition economy

Klapper, Leora; Tzioumis, Konstantinos - London School of Economics (LSE) - 2008

Persistent link: https://www.econbiz.de/10010884725

Income transfers in transition : constraints and progress

Barr, Nicholas - London School of Economics (LSE) - 1996

Visiting the main employment office in Warsaw in late 1989, I asked how many people they were currently paying benefits to. The answer (in a city of 1.6 million people) was five. A year later, unemployment in Poland was more than a million, and by December 1993 was three million. There is no...

Persistent link: https://www.econbiz.de/10010928685

Student loans : towards a new public/private mix

Barr, Nicholas - London School of Economics (LSE) - 1997

This paper discusses how to construct student loans to ensure that, for the most part, they count as private spending. Though the specifics relate to the finance of higher education, the issue has much wider ramifications for flexible combinations of public and private activity, for example in...

Persistent link: https://www.econbiz.de/10010928697

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