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Allocating Lending of Last Resort and Supervision in the Euro Area

Charles M. Kahn and João A. C. Santos

in Monetary Unions and Hard Pegs: Effects on Trade, Financial Development, and Stability

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199271405
eISBN:
9780191601200
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199271402.003.0017
Subject:
Economics and Finance, Economic Systems

The Maastricht Treaty created the European System of Central Banks and the European Central Bank (ECB) to head the system. The treaty entrusts the ECB with the responsibility for monetary policy, but ... More


International Competitiveness and Technological Change

Marcela Miozzo and Vivien Walsh

Published in print:
2006
Published Online:
May 2007
ISBN:
9780199259236
eISBN:
9780191717901
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199259236.001.0001
Subject:
Economics and Finance, Economic Systems

This book analyses the role of technological change in the competitiveness of firms and national economies. This includes an examination of the roles of R&D spending, and the organizational and ... More


Schumpeter: Capitalism, Flexicurity, and Democracy?

Peter Flaschel and Alfred Greiner

in Flexicurity Capitalism: Foundations, Problems, and Perspectives

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199751587
eISBN:
9780199932825
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199751587.003.0004
Subject:
Economics and Finance, Economic Systems

Chapter 3 starts from Schumpeter's investigation of the possibility of a Western type of competitive socialism that successfully not only solves the coordination problem, but also the incentive ... More


Introduction: The Broader View

Mancur Olson and Satu Kähkönen

in A Not-so-dismal Science: A Broader View of Economies and Societies

Published in print:
2000
Published Online:
November 2003
ISBN:
9780198294900
eISBN:
9780191596728
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198294905.003.0001
Subject:
Economics and Finance, Economic Systems

This introduction to the book discusses the reasons for the expansion of economic thinking into the other social sciences, and argues that an integrated concept of economics and social sciences is ... More


The Command System

Włodzimierz Brus and Kazimierz Laski

in From Marx to the Market: Socialism in Search of an Economic System

Published in print:
1991
Published Online:
November 2003
ISBN:
9780198283997
eISBN:
9780191596032
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283997.003.0004
Subject:
Economics and Finance, Economic Systems

The economic system of ‘real socialism’ grew out of the discrepancy between the expected socialist attitudes of the population and the reality of dominating self‐interest. In the absence of properly ... More


How did it Happen?

Jerome P. Kassirer

in On the Take: How Medicine's Complicity with Big Business Can Endanger Your Health

Published in print:
2005
Published Online:
October 2011
ISBN:
9780195300048
eISBN:
9780199850518
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195300048.003.0009
Subject:
Economics and Finance, Economic Systems

This chapter explores how money came to exert such a remarkable influence over the medical profession. It considers some of the factors that made many of America's doctors pay more attention to their ... More


Why Trustworthiness Is Important

Sue Jaffer, Nicholas Morris, and David Vines

in Capital Failure: Rebuilding Trust in Financial Services

Published in print:
2014
Published Online:
October 2014
ISBN:
9780198712220
eISBN:
9780191780752
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198712220.003.0001
Subject:
Economics and Finance, Financial Economics, Economic Systems

This chapter provides an overview of how it might be possible to rebuild the trustworthiness of the financial services industry. It summarises the main arguments of the book and shows how the various ... More


The Limits to Compensation in the Financial Sector

Thomas Noe and H. Peyton Young

in Capital Failure: Rebuilding Trust in Financial Services

Published in print:
2014
Published Online:
October 2014
ISBN:
9780198712220
eISBN:
9780191780752
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198712220.003.0003
Subject:
Economics and Finance, Financial Economics, Economic Systems

Performance bonuses have become commonplace in financial institutions and now constitute a major part of employee compensation. Such practice followed academic work on principal-agent contracts, ... More


Incentive Regulationin Theory and PracticeElectricity Distribution and Transmission Networks

Nancy L. Rose

in Economic Regulation and Its Reform: What Have We Learned?

Published in print:
2014
Published Online:
January 2015
ISBN:
9780226138022
eISBN:
9780226138169
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226138169.003.0006
Subject:
Economics and Finance, Economic Systems

Public utility network industries historically evolved as either state-owned or private regulated vertically integrated monopolies. Many countries have privatized and restructured these sectors. ... More


A Short History of Crisis and Reform

Richard Davies

in Capital Failure: Rebuilding Trust in Financial Services

Published in print:
2014
Published Online:
October 2014
ISBN:
9780198712220
eISBN:
9780191780752
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198712220.003.0004
Subject:
Economics and Finance, Financial Economics, Economic Systems

Crisis and reform go hand in hand in banking: crashes lead to new rules, regulations, and institutions that have an impact for decades. Focusing on five episodes from 1792 to 1929–33, this chapter ... More


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