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The bank lending channel (BLC) has found entrance into standard economic textbooks. But the approach, as presented by Bernanke and Blinder [1988] operates with lopsided loan demand, money demand and money supply functions. This invalidates the idea that potential changes in the supply of loans...
Persistent link: https://www.econbiz.de/10009646630
The bank lending channel (BLC) has found entrance into standard economic textbooks. But the approach, as presented by Bernanke and Blinder [1988] operates with lopsided loan demand, money demand and money supply functions. This invalidates the idea that potential changes in the supply of loans...
Persistent link: https://www.econbiz.de/10010307897
The bank lending channel (BLC) has found entrance into standard economic textbooks. But the approach, as presented by Bernanke and Blinder [1988] operates with lopsided loan demand, money demand and money supply functions. This invalidates the idea that potential changes in the supply of loans...
Persistent link: https://www.econbiz.de/10009425295
Persistent link: https://www.econbiz.de/10008860536
Reliable microdata on corrupt behavior are hard to obtain in the field, and available field data are hard to interpret. Laboratory corruption experiments have therefore recently gained in popularity, and those that shed light on gender effects are surveyed in this article. The tentative main...
Persistent link: https://www.econbiz.de/10008828702
Corruption is a complex and multifaceted phenomenon. The aim of this article is to open the “black box” of corrupt transactions using the framework of the New Institutional Economics. First, it examines “corrupt contracts”, the institutions that promote them, the mechanisms involved, the...
Persistent link: https://www.econbiz.de/10008493484
Corruption is a complex and multifaceted phenomenon. The aim of this article is to open the “black box” of corrupt transactions using the framework of the New Institutional Economics. First, it examines “corrupt contracts”, the institutions that promote them, the mechanisms involved, the...
Persistent link: https://www.econbiz.de/10014199150
Persistent link: https://www.econbiz.de/10008817004