This paper presents a survey of the large empirical literature in economics that has sought to examine the relationship between educational expenditures and outcomes in both developed and developing countries. The main feature of this literature is the remarkable lack of consensus about the...

The paper aims at qualifying the links between labor-market-institutions, taxation, tax monitoring, and underground economic activity. The proposed model is a continuous time matching model with one commodity roduced either overground or underground. Underground economic activity arises because...

This work questions the nature of money through the analysis of a complex set of local monetary systems located in Argentina (trueque). It is based on both the reconstitution of the history of the main national trueque networks (meso-level) and the observation of the monetary and financial...