Similar Search Results

Bank deregulation, competition and economic growth : the US free banking experience

Ager, Philipp; Spargoli, Fabrizio - 2013

removing barriers to bank entry on bank competition and economic growth. As governments were not concerned about systemic … stability in this period, we are able to isolate the effects of bank competition from those of state implicit guarantees. We … find that the introduction of free banking laws stimulated the creation of new banks and led to more bank failures. Our …

Persistent link: https://www.econbiz.de/10010227307

US national banks and local economic fragility

Calice, Giovanni; Gam, Yong Kyu - In: Journal of financial services research 63 (2023) 3, pp. 313-338

Persistent link: https://www.econbiz.de/10014258875

Factor shares, redistribution and growth in a captured democracy

Vindigni, Andrea - 2024

political power at the expenses of the median voter. In particular, investments in lobbying activities allow the rich to obtain … variable taxes and lobbying. In addition, it is established the existence of a transitional dynamics featuring convergence to a … balanced growth path, characterized by constant taxes and lobbying (and a constant growth rate of consumption and capital …

Persistent link: https://www.econbiz.de/10014461501

Interest groups and economic performance : some new evidence

Zimmermann, Klaus W.; Horgos, Daniel - 2008

Mancur Olson's theory of the decline of nations is path-breaking in political economics. It has been tested cross-sectionally in numerous empirical studies. We survey the existing results briefly, with a special focus on studies using the number of lobbies as an exogenous variable. Using data...

Persistent link: https://www.econbiz.de/10003779100

Interessengruppen und Economic Performance

Zimmermann, Klaus W.; Horgos, Daniel - 2007

Taking Macur Olsonś theory of the decline of nations as pathbreaking in this field we develop a formal model of the behavior of interest groups and their interaction to win some deeper insights into the interior mechanics of the interest-group-state. Followed by a brief survey of empirical...