Using a novel data set from post-communist countries in the 1990s, this paper examines the link-ages between political constraints, economic reforms and growth. Results from a dynamic panel analysis suggest that public support for reform is negatively associated with increases in income...

The aim of this paper is to estimate in a multivariate context the factors associated with wellbeing and ill-being without making the assumptions that they are opposite ends of the same continuum, and that the factors uniformly affect both well-being and ill-being. Using the first five waves of...

The most common approach used in international comparisons of agricultural productivity and technological change is generally based on Cobb-Douglas production functions. Similarly, the technological level is usually modeled as a linear deterministic trend. In this paper, we propose more general...

Individuals who vote in one election are also more likely to vote in the next. Modelling the causal relationship between past and current voting decisions however is intrinsically difficult, as this positive association can exist due to habit formation or unobserved heterogeneity. This paper...

This paper shows that small firms inventory investment is substantially more sensitive (relative to large firms) to cash flow than previously recognized. Consequently, the strength of financing constraints on inventory investment may have been understated.

Using a novel data set from post-communist countries in the 1990s, this paper examines linkages between political constraints, economic reforms and growth. A dynamic panel analysis suggests public support for reform is negatively associated with income inequality and unemployment. Both the ex...