Despite the confusion surrounding the measurement of public sector outputs with respect to their demand and their distribution, the growing abundance of statistical data on public expenditures has been given incentives to the investigators of public economics to undertake research on the...

Abstract This paper elaborates upon the following three theses: First, given bank sector concentration, the other aspect of this sector that matters for the overall economy is that of price vs . quantity competition by itself. Second, the macroeconomic performance of price competition is...