G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6477
DP6477 The Output Cost of Gender Discrimination: A Model-Based Macroeconomic Estimate
José Tavares; Tiago Cavalcanti
发表日期2007-09-28
出版年2007
语种英语
摘要There is a large and growing literature that studies the effects of weak enforcement institutions on economic performance. This literature has focused almost exclusively on primary markets, in which assets are issued and traded to improve the allocation of investment and consumption. The general conclusion is that weak enforcement institutions impair the workings of these markets, giving rise to various inefficiencies. But weak enforcement institutions also create incentives to develop secondary markets, in which the assets issued in primary markets are retraded. This paper shows that trading in secondary markets counteracts the effects of weak enforcement institutions and, in the absence of further frictions, restores efficiency.
主题International Macroeconomics
关键词Default Enforcement Secondary markets Sovereign risk Weak law enforcement
URLhttps://cepr.org/publications/dp6477
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535325
推荐引用方式
GB/T 7714
José Tavares,Tiago Cavalcanti. DP6477 The Output Cost of Gender Discrimination: A Model-Based Macroeconomic Estimate. 2007.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[José Tavares]的文章
[Tiago Cavalcanti]的文章
百度学术
百度学术中相似的文章
[José Tavares]的文章
[Tiago Cavalcanti]的文章
必应学术
必应学术中相似的文章
[José Tavares]的文章
[Tiago Cavalcanti]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。