EUI Working Paper: SPSEuropean University Institute, 1996 - Europe |
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Page 12
... rent seeking . Rent seeking features tenure - maximizing 16The instances of functional corporatism will be further detailed below , in the discussion of central banking . government officials selling policies ( called " rents " ) 12.
... rent seeking . Rent seeking features tenure - maximizing 16The instances of functional corporatism will be further detailed below , in the discussion of central banking . government officials selling policies ( called " rents " ) 12.
Page 13
... rents . The rest of the people subsidize rents . In the corporatist model government officials also grant favorable policies to groups in exchange for political support . These policies , however , are not rents in the redistributional ...
... rents . The rest of the people subsidize rents . In the corporatist model government officials also grant favorable policies to groups in exchange for political support . These policies , however , are not rents in the redistributional ...
Page 17
... rents as diverse as tax - free status , subsidies , government - guarantee for bonds , monopoly over the issuing of small notes , or limitations on branch banking and other territorial protection against market competition , allowed ...
... rents as diverse as tax - free status , subsidies , government - guarantee for bonds , monopoly over the issuing of small notes , or limitations on branch banking and other territorial protection against market competition , allowed ...
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adopt central banking agrarian periphery Arpád SZAKOLCZAI assets Australia Austria Austria-Hungary Banca Commerciale Italiana Banco Bank of England bank's banking structures banking system Banque Belgium Bouvier Britain business cycle Canada capital and reserves capital scarcity central bank Chlepner commercial banks competition corporatism corporatist corporatist regimes countries Crédit Lyonnais Crédit Mobilier Denmark denominator includes deposit banking deposit market depositors Dépôts Development discount Economic History equity equity-liability ratio European University Institute finance fiscal-military model France function Germany Gerschenkron Giandomenico MAJONE GNP per capita Goodhart groups information asymmetry insolvency investment banks Italy joint stock banks last resort lending of last liabilities liquidity guarantee market fragmentation mixed banking moderate corporatism National Monetary Commission Netherlands nonprofit banking nonprofit sector Norway note-issuing monopoly Oxford University Press paper percent pluralist Policy private bankers profit proxy rediscount Reichsbank rents representation savings banks Social Société Générale solvency specialized banking Sweden Teichova territorial Tortella universal banking