Production, Information Costs, and Economic Organization pdf

... Rewards and the Aggregate Production Function," Rev. Econ. Statist., Nov. 1970, 52, 395-404. Production, Information Costs, and Economic Organization BY ARMEN A. ALCHIAN AND ... assert that the ALCHIAN AND DEMSETZ: ECONOMIC ORGANIZATION 793 The similarity between the preceding analysis and the question of absentee landlordism and o...

Ngày tải lên: 31/03/2014, 05:21

... Development and Cultural Change, Kyklos, Journal of Comparative Economics, Review of Economics and Statistics, European Economic Review, American Economic Review, Public Choice, Applied Economics, ... demands on areas such as education, justice and health, and encourage stable and long- run growth (Rodrik 1999, Lake and Baum 2001, Baum and Lake 2003). Opponents of democrac...

Ngày tải lên: 23/12/2013, 06:17

... A. and Limongi, F. (1993). “Political Regimes and Economic Growth,” Journal of Economic Perspectives 7: 51–69. Przeworski, A., Alvarez, M.E., Cheibub, J.A. and Limongi, F. (2000). Democracy and Development: ... Publications (London, Thousand Oaks, CA and New Delhi) ever developed (Fukuyama, 1992) and the economic growth and efficiency that appears to sustain it. We attempt...

Ngày tải lên: 20/01/2014, 10:20

... Philippines and Peru might be influenced by low trust levels, whereas the positive performance of countries like Finland and Denmark might be influenced by high trust levels. Thailand and India ... decides between economic institutions, “which correspond to taxes, the security of property rights, contracting institutions, entry barriers, and other economic arrangements” and...

Ngày tải lên: 20/02/2014, 16:20

... of 1945, and a number of firms were already engaged in the manufacture and sale of computers by 1950. And yet, as late as 1956 Howard Aiken, a brilliant physics instructor at Harvard and one ... labour and how much a growth in a unit of capital should add to the output of the economy. It turned out that the measured growth of inputs (i.e., in capital and labor) between 1870 a...

Ngày tải lên: 20/02/2014, 19:20

... National Saving and Economic Performance, edited by B. Douglas Bernheim and John Shoven. Chicago: University of Chicago Press and National Bureau of Economic Research, 1991b. Barro, Robert J., and Jong-Wha ... for economic growth. Figure 3, reproduced from Mendoza, Milesi-Ferretti, and Asea (1996), shows the correlation among the OECD countries between income taxes and econ...

Ngày tải lên: 08/03/2014, 06:20

... ENVIRONMENT HEALTH AND HEALTH CARE INFRASTRUCTURE AND TRANSPORTATION INTERNATIONAL AFFAIRS LAW AND BUSINESS NATIONAL SECURITY POPULATION AND AGING PUBLIC SAFETY SCIENCE AND TECHNOLOGY TERRORISM AND HOMELAND ... research and analysis. is electronic document was made available from www.rand.org as a public service of the RAND Corporation. CHILDREN AND FAMILIES EDUCATION A...

Ngày tải lên: 15/03/2014, 21:20

Ngày tải lên: 23/03/2014, 22:20

... deposits and in capital markets so their funding costs, and consequently lending rates, are aected by nancial market conditions. For several years up until mid 2007, with market conditions and ... and Wong (2009). Recent Developments in Banks’ Funding Costs and Lending Rates Anna Brown, Michael Davies, Daniel Fabbro and Tegan Hanrick* The global nancial crisis has affect...

Ngày tải lên: 29/03/2014, 01:20

... costs, such as risk premia and competitive pressures, which are not affected by the cash rate. At various points in time, changes in these factors can result in changes in funding costs and ... between mid 2007 and 2010. The article also documents the decline in bank lending rates since mid 2011, and discusses the effect on banks’ margins of the movement in funding costs and...

Ngày tải lên: 29/03/2014, 01:20