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CC literature suggests a theory of comparative institutional advantage in which different institutional arrangements have … a theory of institutional path dependence. Behind these unifying characteristics of the literature, however, lie a …-Capitalism-Literatur beinhaltet eine Theorie der komparativen institutionellen Vorteile, der zufolge institutionellen Konfigurationen spezifische …
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Erkenntnisse von Theorie und sozialer Praxis zusammen: Wirtschaftliche Zusammenhänge, sozialethische Bewertungsmaßstäbe …
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This paper develops a search-theoretic model to study the interaction between banking and monetary policy and how this interaction affects the allocation and welfare. Regarding how banking affects the welfare costs of inflation: First, we find that, with banking, inflation generates smaller...
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