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The aim of this study is to review what we know about depositors' behavior, using empirical observations and experimental data. I find that both fundamental problems and coordination failures between depositors explain depositors' behavior and therefore the emergence of bank runs. I show that...
Persistent link: https://www.econbiz.de/10012290269
If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of … economic development" in a very original way and having formulated his theory in a specific language. He managed to identify … growth theory that have appeared in the nineties. The "real carrier of economic development" matches to the "human capital …
Persistent link: https://www.econbiz.de/10010494419
dynamics of investment in the transforming Chinese economy. Our analysis focuses on the period before and after the global … crisis. We interpret investment dynamics in a comparative party-state model concept framework. We point out that … network are interlinked during the transformation of the party-state. Finally, we will reveal that behind swings of investment …
Persistent link: https://www.econbiz.de/10011944915
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Imports is an important factor beside exports when firm-level connection between innovation and productivity is … analyzed. Innovation boosts productivity, its impact has been changing between 2005 and 2016 in Hungary. The estimated impact …
Persistent link: https://www.econbiz.de/10012290317
Venture capital and private equity financing has become an important mechanism for the development and radical transformation of companies worldwide in recent decades. Nevertheless, the venture capital and private equity sector covers only a relatively small proportion of economic activity...
Persistent link: https://www.econbiz.de/10012604922
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