This study tests the weak form of the efficient capital markets theorem in five transition economies in Southeast Europe between 2005 and 2016. A panel pooled mean group estimator is used to examine the relationship between macroeconomic indicators and the performance of stock market indexes....

Despite progress in the past decade, financial markets in Colombia remain relatively small and shallow. In particular the banking system suffers high intermediation costs, which limit constrains access to finance by households and firms. This paper explores some of the causes behind these...

This paper presents the econometric analysis of lower secondary school performance carried out for the chapter on education of the 2019 OECD Economic Survey of Sweden. The dataset covers most Swedish schools providing education for 9th graders. Student socio-economic background has a...

This paper investigates the causal effect of public administration efficiency on firm-level productivity. To this purpose, we combine newly available data from Italy on public administration efficiency of subnational governments with geo-localised firm-level data for the years 2004-2014. Italy...

1. Mapping the European higher education landscape : new insights from the EUMIDA Project / Andreas Niederl ... [et al.] -- 2. Is there a European university model? : new evidence on national path dependence and structural convergence / Torben Schubert ... [et al.] -- 3. Public and private...

The Chinese insurance industry has experienced rapid development during the past decade. This original book is the first English language study in the literature to address the efficiency issue of the Chinese insurance sector, and presents a comprehensive review on alternative methodologies for...

This paper examines the agricultural productivity-farm size relationship in the context of Bangladesh. Features of Bangladesh's agriculture help overcome several limitations in testing the inverse farm size-productivity relationship in other developing country settings. A stochastic production...