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Economics of the Public Sector
Joseph E. Stiglitz
Издател: Norton & Company
At the center of our country's political life are some basic economic questions: How does the government affect the economy? What should the government do? Why are some economic activities undertaken in the public sector and others in the private? Should government do more than it is currently doing, or less? Should it change what it is doing, and
The German Pfandbrief
Издател: Association of German Mortgage Banks
The German Pfandbrief market is the largest non-state segment in the European bond market with a volume outstanding of over EUR 1 tn at the end of 1999. Public Pfandbriefe account for around 80% of the volume outstanding, the rest being Mortgage Pfandbriefe.
Trade in Services in the Central and East European Countries
Roman Romisch
Издател: WIIW
Trade in services, although often neglected by theory and empiricism, plays a quite influential role in the balance of payments of most countries. In the case of the CEE countries, services trade also enters another dimension: it is a helpful means in the modernization process of the CEE economies whose (producer) services, as of 1989, were far
The Transition Economies
Leon Podkaminer
Издател: WIIW
For the first time since the transformation began, all transition economies recorded GDP growth in the year 2000. Some of the traditional 'losers' grew much faster than the traditional 'winners' of the transition process. The average growth rate in the region more than doubled and the differences in the rates of GDP change narrowed significantly.
Paper or Plastic? The Effect of Time on Check and Debit Card Use at Grocery Stores
Elizabeth Klee
Издател: Board of Governors of the Federal Reserve System
Time is a significant cost of conducting transactions, and theoretical models predict that transactions costs significantly affect the type of media of exchange buyers use. However, there is little empirical work documenting the magnitude of this effect. This paper uses grocery store scanner data to examine how time affects consumer choices of
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