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Attilio da Empoli’s contribution to monopolistic competition theory
Keppler, Jan Horst - Université Paris-Dauphine (Paris IX) - 2001
to the theory of monopolistic competition. During the 1920s a lively discussion developed about the link between the cost … structure of the individual firm and the degree of competition in the wake of the demise of the Marshallian concept of the … (“external competition”) and the inadequacy of the Cournot solution for spatially differentiated firms that compete with …
Persistent link: https://www.econbiz.de/10011073364
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Da Empoli’s theory of equilibrium in retrospect
Meijer, Gerrit - In: Journal of Economic Studies 28 (2001) September, pp. 359-368
theirs. Da Empoli’s work is on the process of competition. In this he has affinity to work of Knight and Clark written in the …
Persistent link: https://www.econbiz.de/10004976555
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About a dispute of some time ago: Umberto Ricci vs Attilio da Empoli
Fusco, Antonio Maria - In: Journal of Economic Studies 28 (2001) September, pp. 299-305
Reconsiders Umberto Ricci’s harsh comments on the book of the young Attilio da Empoli about the Theory of Economic Equilibrium and also re-examines da Empoli’s original theses about “ultramarginality” that aroused Umberto Ricci’s fierce criticism. In his reply, da Empoli punctually...
Persistent link: https://www.econbiz.de/10004976582
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Attilio da Empoli’s contribution to monopolistic competition theory
Keppler, Jan Horst - In: Journal of Economic Studies 28 (2001) September, pp. 305-323
to the theory of monopolistic competition. During the 1920s a lively discussion developed about the link between the cost … structure of the individual firm and the degree of competition in the wake of the demise of the Marshallian concept of the … (“external competition”) and the inadequacy of the Cournot solution for spatially differentiated firms that compete with …
Persistent link: https://www.econbiz.de/10004976598
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To share or not to share? : uncovered losses in a derivatives clearinghouse
Raykov, Radoslav S. - 2016
This paper studies how the allocation of residual losses affects trading and welfare in a central counterparty. I compare loss sharing under two loss-allocation mechanisms - variation margin haircutting and cash calls - and study the privately and socially optimal degree of loss sharing. For...
Persistent link: https://www.econbiz.de/10011432527
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The Paul Storer memorial lecture : cross-border trade integration and monetary policy
Poloz, Stephen S. - 2016
In this paper we explore the nexus between cross-border trade integration and monetary policy. We first review the evidence that trade liberalization has increased the degree of integration in North America and conclude that, while robust structural inferences remain elusive, there is sufficient...
Persistent link: https://www.econbiz.de/10011538633
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Implementing cross-border interbank lending in BoC-GEM-FIN
Shukayev, Malik; Toktamyssov, Argyn - 2016
Persistent link: https://www.econbiz.de/10011542953
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A decentralized market with common values uncertainty : non-steady states
Blouin, Max; Serrano, Roberto - 1998
Persistent link: https://www.econbiz.de/10011504686
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Technological progress and monetary policy : managing the fourth industrial revolution
Poloz, Stephen S. - 2019
This paper looks at the implications for monetary policy of the widespread adoption of artificial intelligence and machine learning, which is sometimes called the "fourth industrial revolution". The paper reviews experiences from the previous three industrial revolutions, developing a template...
Persistent link: https://www.econbiz.de/10012132152
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Financial openness and growth in developing countries : why does the type of external financing matter?
Gaies, Brahim; Nabi, Mahmoud Sami - In: Journal of economic integration : jei 34 (2019) 3, pp. 426-464
Persistent link: https://www.econbiz.de/10012136114