inequity). This tradeoff between efficiency and equity is the primary focus of this paper. We investigate how the distribution …

We assess the consequences of fiscal consolidation episodes on public sector efficiency (scores) for 35 OECD countries … for the 2007-2020 period. We find that fiscal consolidations improve public sector efficiency and results are robust … across efficiency models. Moreover, peripheral euro-area economies and economies with debt-to-GDP ratios between 60% and 90 …

We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we … empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government … spending efficiency scores via data envelopment analysis. Second, relying on panel data and impulse response approaches, we …

mission: its role in facilitating the emergence of efficiency wages. We show that in a standard gift-exchange principals … bias has a high social cost: if principals had correct beliefs and thus offered the profit-maximizing wage, efficiency … the agent's effort), by increasing principals' trust, acts as a debiasing mechanism and, thereby, increases efficiency by …

Industrial activity periodically experiences breakthrough innovations in energy efficiency, but the estimated impacts …-specific energy efficiency improvements affect aggregate energy use through adjustments in factor markets and commodity markets, and a … respond to efficiency innovations. In a calibrated simulation, we find variation in these centrality concepts explains between …