Missing money and missing markets: Reliability, capacity auctions and interconnectors

Micronance and Missing Markets

The existing theoretical analysis of micro…nance focuses on the nature of the loan contract such as group liability. We draw attention to the role of missing or imperfect labor market in understanding some of the important ‘second generation’debates in micro…nance. Our analysis helps explain a number puzzles in micro…nance such as (i) high repayment rates with high interest rates, (ii) di¢ cult...

Monetary Equilibrium with Missing Markets

Non-Linear Inflationary Dynamics based on the Concept of Missing Money in Iran

In this research, non-linear inflationary dynamics based on the concept of missing money is studied using the threshold autoregressive models based on seasonal data of the time interval (1990:04-2016:07) for the economy of Iran. The finding of the research shows that simple and Divisia liquidity growth variables are determined as threshold variables, and inflation reacts to changes in the growt...

Incomplete Databases: Missing Records and Missing Values

Data completeness is an essential aspect of data quality as in many scenarios it is crucial to guarantee the completeness of query answers. Data might be incomplete in two ways: records may be missing as a whole, or attribute values of a record may be absent, indicated by a null. We extend previous work by two of the authors [10] that dealt only with the first aspect, to cover both missing reco...

The Missing “Missing Middle”

T he notion that the distribution of firm size in poor countries is characterized by a bimodal distribution with a “missing middle” is a widely accepted fact in development economics (for example, see Krueger 2013). The idea of the missing middle is that there are a large number of small firms, some large firms, but very few medium-sized firms. The purported fact about the missing middle is cit...