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(1919), Keynes analyzes the challenges posed by debt overhangs in the aftermath of World War I and the deflationary strategy … that is the background to The General Theory (1936), the analysis reveals Keynes’s deep understanding of the havoc wreaked …
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Using quarterly data of 58 countries, this paper provides empirical evidence that mobile phone diffusion from 2007 to 2009 is positively influenced by international network effects. Direct and indirect network effects are a result of the international standadization of telecommunication...
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