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Contagious bank failures in a free banking system : a persistent misunderstanding

Bédard, Mathieu - In: Journal des économistes et des études humaines : JEEH 20 (2014) 1, pp. 71-78

Persistent link: https://www.econbiz.de/10010430589

Competition, entry, and the social returns to infrastructure in transition economies

Aghion, Philippe; Schankerman, Mark - 1998

Persistent link: https://www.econbiz.de/10001354612

Competition, entry and the social returns to infrastructure in transition economies

Aghion, Philippe; Schankerman, Mark - In: The economics of transition 7 (1999) 1, pp. 79-101

Persistent link: https://www.econbiz.de/10001367922

Competition, Entry, and the Social Returns to Infrastructure in Transition Economies

Aghion, Philippe; Schankerman, Mark A. - 1999

This paper presents a simple model for analysing the contribution of investments in physical and institutional infrastructure to the transition process. In addition to the direct cost savings, infrastructure investment generates important indirect effects, or transition impacts. The model shows...

Persistent link: https://www.econbiz.de/10014196697