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High unemployment rate is one of the main characteristics of the labour market in times of crisis. Even young people with university degrees have difficulties in finding their first jobs. Lack of work experience is often pointed out as being one of the main obstacles for that. The question...
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or cost savings. We suggest a united approach to measure competition and efficiency simultaneously to test this … hypothesis. We estimate bank-specific Lerner indices as measures of competition and test if cost and profit efficiency are …
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