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regulation. The main concern is that the new risk-sensitive bank capital regulation (Basel II) may amplify business cycle … that the latter is better in terms of simplicity, transparency, and consistency with banks' risk pricing and risk …
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To assess the likely effects of population ageing on the outcomes of direct democracy, we analyze the effect of age on voting decisions in public referenda. To this end, we provide the first quantitative review of the literature and a case study of the Stuttgart 21 referendum on one of the...
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