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growth rates of the years 1950 to 1973, the best in terms of economic growth in all of Portugal's history. The apparent … contradiction is not limited to Portugal, in fact, as rapid growth in many economies in that period occurred within a framework of … fast growth seen during the Golden Age.As we show in this paper, Portugal is an interesting case in the international …
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The paper analyzes the relationship between bank competition and stability, with a specific focus on the Middle East … and North Africa. Price competition has a positive effect on bank liquidity, as it induces self-discipline incentives on … banks for the choice of bank funding sources and for the holding of liquid assets. On the other hand, price competition may …
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Using a large panel of U.S. public firms, we exploit the staggered deregulation of interstate bank branching laws to …
Persistent link: https://www.econbiz.de/10013405081
The paper analyzes the relationship between bank competition and stability, with a specific focus on the Middle East … and North Africa. Price competition has a positive effect on bank liquidity, as it induces self-discipline incentives on … banks for the choice of bank funding sources and for the holding of liquid assets. On the other hand, price competition may …
Persistent link: https://www.econbiz.de/10014412401
We examine turbulence over the product life cycle using the lowest possible level of industry aggregation, allowing for the use of panel data to study the evolution of single product markets. We find that replacement of exiting firms by subsequent entry plays a primary role in generating...
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