previously thought. Persistence is also culture specific, in the sense that the country of origin of one's ancestors matters for …

culture are more likely to end up adopting democracy earlier than countries with a collectivist culture. Our empirical … analysis suggests a strong and robust association between individualistic culture and average polity scores and length of … countries with collectivist culture are also more likely to experience autocratic breakdowns and transitions from autocracy to …

advances in the estimation and evaluation of DSGE models, discusses current challenges, and provides avenues for future …

benchmark indices. Both kinds of alternative models improve performance evaluation of actively managed portfolios, with the …