This paper estimates the survival time of nearly 7,000 firms in a dozen high-income and middle-income countries in a scenario of extreme economic distress, using the World Bank's Enterprises Surveys. Under the assumption that firms have no incoming revenues and cover only fixed costs, the median...

This paper shows that Eastern Orthodox believers are less happy compared with Catholics and Protestants using data covering more than 100 countries around the world. Consistent with the happiness results, the paper also finds that relative to Catholics, Protestants, and non-believers, those of...

We estimate the survival time of nearly 7,000 firms in a dozen of high-income and middle-income countries in a scenario of extreme economic distress, using the World Bank's Enterprises Surveys. Under the assumption that firms have no incoming revenues and cover only fixed costs, the median...