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This paper examines the impact of financial market imperfections on long-term productivity growth. It focuses on … of real investment. The paper examines separately situations in which productivity growth is driven by learning …
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This paper examines the impact of financial market imperfections on long-term productivity growth. It focuses on … of real investment. The paper examines separately situations in which productivity growth is driven by learning …
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How does the lack of legitimacy of property rights affect the dynamics of the creation of the rule of law? The authors investigate the demand for the rule of law in post-communist economies after privatization under the assumption that theft is possible, that those who have stolen assets cannot...
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