Showing 1 - 10 of 438
CNMT (Classical Neoclassical Monetary Theory) has defined monetary policy and the role of Central Banks for the last … one hundred years. This book argues that it is time to change. It proposes a NMT (New Monetary Theory) which argues that … receive and repay long term preferential loans. NMT implies a major revolution both in Monetary Theory and in Monetary Policy …
Persistent link: https://www.econbiz.de/10015214321
Japan’s national hospital system, which consists of a combination of private, national, prefectural and metropolitan hospitals, is the largest employers of the of the doctors. The article provides details on the women doctors’ discontinuous workforce participation in the Japanese hospital...
Persistent link: https://www.econbiz.de/10015214848
The cross-sectional trends in dividends are investigated at an aggregate level of ownership (i.e. closely/largely held and regulated firms), and at disaggregate level across 20 industries to examine how Indian Private Corporate Sector appropriated its profits over 1961-2007 periods....
Persistent link: https://www.econbiz.de/10015215156
This study presents the rst analyses of the equity of health care financing in Iran. Kakwani Progressivity Indices (KPIs) and concentration indices (CIs) are estimated using ten national household expenditure surveys, which were conducted in Iran from 1995/96 to 2004/05. The indices are used to...
Persistent link: https://www.econbiz.de/10015216515
The competition frame of the market economy determines the businesses, which don’t manage to impose themselves through quality, competitiveness and efficiency, and for whom there is not possible a straightness in permissible terms, to become insolvent and, therefore, to be eliminated from the...
Persistent link: https://www.econbiz.de/10015216631
In this paper we rely on empirical data to develop a classification of state-influenced banks. An estimate of such banks’ combined market share by July 1, 2009 is suggested. We identify 53 state-controlled banks in Russia, including state-owned banks and state-governed banks. Public sector in...
Persistent link: https://www.econbiz.de/10015218633
The place of currency in the financial assets category, strictly speaking, is more difficult to establish in our days due to the approach between assets under the aspects of their monetary features. A special problem, specific to each country, is to define the structure of money stock in...
Persistent link: https://www.econbiz.de/10015218776
Before 1989 Romanian banking system was structured in the specific way of a centralized economy. Restructuring the banking system took its first step at the end of 1990 when the newly established commercial bank Banca Comerciala Romana (BCR) took over retail operations performed previously by...
Persistent link: https://www.econbiz.de/10015218786
This paper uses the banking industry case to show that the boundaries of public property in Russia are blurred. A messy state withdrawal in 1990s left publicly funded assets beyond direct reach of official state bodies. While we identify no less than 50 state-owned banks in a broad sense, the...
Persistent link: https://www.econbiz.de/10015220840
The present study intends to describe and analyze recent trends in foreign exchange markets, specifically the United States Dollar and the Euro relations as well as the fundamentals behind monetary assets. It brings to light the relationship between economic variables and monetary policy as well...
Persistent link: https://www.econbiz.de/10015221375