level) to the dynamic formation and reformation of 'distributional coalitions' and the process of aggregate concentration … inflationary restructuring: the first, which lasted until 1970, involved rapid increases in aggregate concentration with relatively … modest stagflation, whereas the second, post-1970 regime consisted of stable (or even declining) concentration amidst severe …

market concentration to reflect public ownership of the core market players. As a result of this modification, most market … system, its concentration and competitiveness. Some light is shed on comparative financial performance of state …-controlled banks versus other market participants. We also show that direct stare ownership is being replaced by indirect ownership and …

This paper analyses the effects of concentration on profitability in the US banking sector from 1994-2005, using bank …-level panel data. A new index of concentration is proposed, which reflects the depth and intensity of concentration. The … relationship between concentration and profitability. Strong support is found for the Structure-Conduct-Performance hypothesis, as …

. Market concentration is significant as a determinant of bank profitability. There is no evidence of structure …

What do economists understand about the economy if they do not understand the profit phenomenon? Next to nothing …. Therefore, the very first task in theoretical economics is to clarify the difference between profit and wage income and their …

ownership is not to enable those who own, but to disable those who do not. It is only through the threat of prevention – or …

finance it. Today, ANSES surplus contrasts with the increasing deterioration of the provincial finances. Moreover, part of the … surplus of ANSES is intended to finance the National Government, which in turn provides financial assistance to provinces …