until 2008 with the experience of Sweden and Iceland. The working hypothesis is that social capital decay can be a precursor … as well as consequence of slow economic growth and of financial crises. Iceland is a case in point. An increasingly …

contrary, under corruption, we show that bailouts are ineffective unless rent-seeking groups are eradicated. -- sovereign debt …

This paper investigates the relationship between electoral incentives, institutions and corruption. We assume that …

This paper reviews economic developments in Iceland following its financial collapse in 2008, focusing on causes and … developments elsewhere on the periphery of Europe, in Greece, Ireland, and Portugal. In some ways, however, Iceland resembles Italy …

This study discusses the economic, political, and judicial aftermath of Iceland's financial collapse in 2008. It … be adjusted in two respects. Second, since the crisis, Ireland has made a significantly stronger recovery than Iceland in … terms of per capita income. Third, Iceland's economic recovery from the crisis is marred by a visible deterioration of …