We evaluate the Friedman-Schwartz hypothesis that a more accommodative monetary policy could have greatly reduced the severity of the Great Depression. To do this, we first estimate a dynamic, general equilibrium model using data from the 1920s and 1930s. Although the model includes eight...

Company Law comprises the legislation that regulates all the procedures related to creation, registration, operation, governance and dissolution of companies. The purpose of EU rules in this area is to: Enable businesses to start a business within the EU Provide protection for shareholders and...