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This paper develops a general theory of aggregation in inefficient economies. We provide non-parametric formulas for …%, increasing the economy-wide cost of monopoly distortions by two orders of magnitude compared to the famous 0.1% estimate by …
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by about 20%, increasing the economywide cost of monopoly distortions by two orders of magnitude compared to the famous 0 …
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liquidity conditions in the domestic banking system in Nigeria. Within the context of this prognosis, the study tests the … ameliorate adverse liquidity conditions and the lingering effects of the global financial crises occasioned a structural break in …
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