Economics of poker the effect of systemic change

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1 SYSTEMIC CHANGE, CONVERGENCE, AND INSTITUTIONAL CHOICE—AN INTRODUCTION AND A SUMMARY Werner Pascha 1.1 THE PROBLEM Among the major advanced economies, both Japan and Germany have experienced a disappointing growth performance in recent years.

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Inequality, credit and financial crises | Cambridge

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Inequality, credit and financial crises | Cambridge Table 2 provides basic descriptive statistics on the variables used in the empirical model, showing that they provide substantial levels of variability. As expected, data availability on inequality poses the most severe constraint to the analysis. (see Table 3) A simple correlation analysis shows preliminary support for the existence of a remarkably strong link between credit expansion and the Northern Virginia Community College