The relationship between bank competition and industrialization remains controversial scarce in studies related to African countries. Using a sample of 26 countries from 1996 2017, the objective this paper is analyze effect banking measured by non-structural measures (Lerner index Boone indicator) on industrialization. GMM, we obtained two different results. When Lerner index, evolves same dire...

The article "Money, Prices and Wages in the Confederacy, 1861-65" by Eugene Lerner (Lerner 1955) initiated a debate in which Lerner described the increasing inflation in the Confederacy over the course of the Civil War, and analyzed its reasons, attributing it to the increase in the stock of paper money over the duration of the war. This stock kept rising (Lerner 1955, p. 20, Table 1) because o...

We estimate changes in market structure in the US electric power industry during the last three decades using two independent approaches. First, we estimate an industry-wide conjectural-variations parameter. We find that industry concentration was generally rising during the 1970s, but has been gradually and consistently falling since the early 1980s. To check the robustness of these results, w...

The main object of this research is to find out the nexus banks’ competition, ownership structure, and economic growth on credit risk financial stability. In addition, it examines level stability, growth, structure in Middle East North African (MENA) economies. generalized method moments (GMM) was used examine study. study an unbalanced panel dataset from 2011 2021 MENA countries. This demonstr...

We are here today to celebrate a unique and distinguished man, Aaron B. Lerner. I have the privilege of opening these festivities by telling you something of Aaron, realizing full well that many of you know more about certain aspects of his life than I do, but relishing, nonetheless, this particular prerequisite of my position as dean. Aaron was born in 1920 in Minneapolis, Minnesota. He was th...