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Why Governments Sell Public Firms: The Spanish Case
Governments Public Firms The Spanish Case
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2010/11/5
This paper compares the goals that the successive Spanish governments have actually
pursued (as deduced from the set of privatizations carried out over the last fifieen years) with the standard hypot...
Few topics ineconomics generate more disagreement than the question
of monetary policy. No consensus appears to be emerging as
more and more theories and proposals appear. Economists disagree
overw...
In this paper the effects of selling assets are examined in a property rights model a`
la Grossmann, Hart and Moore. The possibility of selling an asset gives its owner
a bargaining tool which can s...