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Bailouts and the Preservation of Competition

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NBER2010-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16650
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资源简介:
Governments rescue private companies partly to prevent other firms from gaining excessive market power. However, if failing firms exit, new entry may limit remaining firms' market power if there are potential entrants who can be as effective competitors as the firms leaving the market. We quantify
提供机构:
美国国家经济研究局
创建时间:
2010-12-01
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