This paper studies the economic effects on re-employment and program substitution behavior among elderly displaced workers who exogenously lose eligibility for their early retirement option. We use detailed Norwegian matched employer-employee data containing information on bankruptcy dates and...

Like universities, federal agencies conduct research and development (R&D) activities that result in the creation of new technologies. In many cases, these technologies are created to support the specific needs of an agency’s mission. In other cases, they are spontaneous creations of ongoing...

This study provides a novel attempt to evaluate whether a logit early warning system (EWS) for systemic banking crises can produce better predictions when political indicators are employed alongside traditional macro-financial indicators. Based on a dataset covering 32 advanced economies for the...

This study provides a novel attempt to evaluate whether an early warning system (EWS) for systemic banking crises can produce better predictions when political indicators are employed alongside traditional macrofinancial indicators. Based on a dataset covering 32 advanced economies for the...