Dekle, Robert (contributor); Kletzer, Kenneth (contributor) - 2004
proposed by Dekle and Kletzer [2002a and b] could
raise the social costs created by inadequate supervision and regulation of … from
r
!2
2α
k to
(α−γ)
2
2α
k,
where k is constant since the growth rate is zero. The social costs of intermediation also …