This paper analyses technical efficiency of European banks over the period 1996-2003 with unbalanced panel data …

The purpose of this paper is to evaluate the efficiency of the East German economy at the firm level using an … efficiency in eastern and western Germany. The results indicate that firms in eastern Germany are significantly less efficient …-level efficiency. …

occurs since bargaining power is endogenous, and generically causes inefficiency. Interestingly, redistribution arises … decreasing efficiency, which becomes more severe as the centralized budget increases. We also analyze partial ex-ante commitment … through alternative decision-making institutions: Both majority rule and exogenous tax rules can improve efficiency. …

the relationship between income redistribution (measured by the ratio of the income distribution resulting from market … processes and the income distribution after redistribution) and ethno-linguistic fractionalization. We find that the impact of … ethno-linguistic fractionalization on income redistribution is conditional on the level of economic freedom: countries that …

so as to achieve the same amount of redistribution at lower cost. The French tax code should be simplified and changed …

of utility, and lower preferred levels of income redistribution. In societies with a low level of actual social mobility …