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Banks as Patient Fixed-Income Investors
Hanson, Samuel G. - 2014
We examine the business model of traditional commercial banks in the context of their co-existence with shadow banks. While both types of intermediaries create safe "money-like" claims, they go about this in different ways. Traditional banks create safe claims by relying on deposit insurance,...
Persistent link: https://www.econbiz.de/10012458379
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Banks as Patient Fixed-Income Investors
Hanson, Samuel Gregory; Shleifer, Andrei; Stein, Jeremy C. - 2021
We examine the business model of traditional commercial banks in the context of their co-existence with shadow banks. While both types of intermediaries create safe "money-like" claims, they go about this in different ways. Traditional banks create safe claims by relying on deposit insurance,...
Persistent link: https://www.econbiz.de/10013224374
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Teaching Practices and Social Capital
Algan, Yann; Cahuc, Pierre; Shleifer, Andrei - C.E.P.R. Discussion Papers - 2011
performance is nonlinear. The evidence supports the idea that progressive education promotes social capital. …
Persistent link: https://www.econbiz.de/10009351521
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Teaching Practices and Social Capital
Algan, Yann; Cahuc, Pierre; Shleifer, Andrei - Institute for the Study of Labor (IZA) - 2011
performance is nonlinear. The evidence supports the idea that progressive education promotes social capital. …
Persistent link: https://www.econbiz.de/10009353432
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Teaching practices and social capital
Algan, Yann; Cahuc, Pierre; Shleifer, Andrei - 2011
performance is nonlinear. The evidence supports the idea that progressive education promotes social capital. …
Persistent link: https://www.econbiz.de/10010286875
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Why does democracy need education?
Glaeser, Edward; Ponzetto, Giacomo; Shleifer, Andrei - In: Journal of Economic Growth 12 (2007) 2, pp. 77-99
Across countries, education and democracy are highly correlated. We motivate empirically and then model a causal … base. As education raises the benefits of civic engagement, it raises participation in support of a broad-based regime …
Persistent link: https://www.econbiz.de/10005716638
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Why does democracy need education?
Glaeser, Edward L.; Ponzetto, Giacomo; Shleifer, Andrei - 2006
Persistent link: https://www.econbiz.de/10003308587
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Why does democracy need education?
Glaeser, Edward L.; Ponzetto, Giacomo A. M.; Shleifer, … - In: Journal of economic growth 12 (2007) 2, pp. 77-99
Persistent link: https://www.econbiz.de/10003503656
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Why Does Democracy Need Education?
Glaeser, Edward - 2006
Across countries, education and democracy are highly correlated. We motivate empirically and then model a causal … base. As education raises the benefits of civic participation, it raises the support for more democratic regimes relative …
Persistent link: https://www.econbiz.de/10012466541
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Why Does Democracy Need Education?
Glaeser, Edward L.; Ponzetto, Giacomo A. M.; Shleifer, … - 2021
Across countries, education and democracy are highly correlated. We motivate empirically and then model a causal … base. As education raises the benefits of civic participation, it raises the support for more democratic regimes relative …
Persistent link: https://www.econbiz.de/10013246308