UNDERSTANDING TRANSACTION COSTS IN THE MESOECONOMIC PERSPECTIVE

Katarzyna Mroczek-Dąbrowska, Marian Gorynia The aim of this article is to provide an insight into understanding transaction costs on other than the company level. Using the literature review, the foundations of the new institutional economics are evoked to verify whether any obstacles exist that would prevent translating the analysis into the mesoeconomic level. Furthermore, referring […]

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abnormal returns CMS analysis credit institutions Croatian food industry deposit net outflows e-intermediaries export competitiveness exporting foreign direct investment funding stability high value household deposits Income Evaluation Question industry intense economic growth IPOs Ireland IS curve leader follower model liquidity standards matched firms Mincer equation monetary policy New Keynesian model oil prices Phillips curve Polish hospitality market poverty price discrimination proximity concentration trade off quantile unit root with Fourier function rate fences returns to education room rate parity strategy structural change subjective equivalence scale SURE Taylor rules TECM the EU threshold cointegration tracking error trend breaks validation Zellner estimator