The distress of Italian commercial banks in 1926-1936: a new dataset from banking supervision archives by Molteni, M

Oil in Egypt, Oman, and Syria : some macroeconomic implications by Alami, R

“…Syrian output rose successfully without recourse to commercial bank lending, but its government remains vulnerably dependent on oil revenues. …”

A new version of Edgeworth's taxation paradox by Ritz, R

“…The paper also presents two new applications: (i) an emissions tax that leads to an increase in industry emissions (due to entry), and (ii) an interest rate cut by the central bank that reduces lending by commercial banks (due to exit). Basic principles of environmental regulation and monetary policy therefore fail under the conditions of the paradox.…”

Equilibrium analysis, banking and financial instability

“…Monetary Equilibria with Commercial Banks and Default (MECBD) exist and financial instability and default emerge as equilibrium phenomena. …”