The Union Members had some many problems to solve when drafting the Treaty of Rome (1958) that very little attention was paid to social policies provisions on the rights of workers, even less space was devoted to the migration of labour in the common market and the idea of full employment was...

The article presents a model of social norm evolution, which suggests how the increase in optimal and actual first response times (FRT) of economics journals can be related. When the optimal FRT and the norm about how much time refereeing should take increase, it seems that the existence of a...

This short paper presents some preliminary results of an ongoing research work focusing on richness and diversity of economic literature. The key idea is that each article published in an economic journal retains multiple identities. These multiple identities are captured through the use of Jel...

This paper is a draft chapter for an edited collection on Law and Public Choice being published by Edward Elgar and edited by Dan Farber and Anne Joseph O’Connell. The chapter provides an overview of public choice literature regarding three aspects of federalism - exit-based normative...

The Stability and Growth Pact (SGP) adopted by the European Council in its June 1997 Amsterdam meeting is an agreement by European Union Member States related to their conduct of fiscal policy to facilitate and maintain economic and monetary union. It basically consists of enforcement policies...

The first response time (henceforth FRT) of economics journals has increased over the last four decades from 1-2 months to 3-6 months. The optimal FRT, however, is not zero, because the FRT deters submission of mediocre papers to good journals and consequently saves valuable time of referees and...

Decentralisation is invariably among the recommendations that international organisations such as the World Bank make for an enhancement of social provisions, and particularly a better targeting of social assistance regimes, in Eastern and Central Europe. However, theoretical literature as wel...

Journal articles are sometimes later reprinted as chapters of edited books. The question whether citations of this material should mention the book or the journal has significant implications. I describe several advantages of citing the journal: it allows the readers to locate the material more...

This paper was written as the first draft of the invited Foreword for the book, Money and the Economy, by Apostolos Serletis. The paper provides a critical view of those areas in which methodology in economics deviates from that in the physical sciences, provides examples and illustrations of...

Indian sugar industry, second largest agro-based processing industry afte the cotton textiles industry in country, has a lion's share in accelerating industrialization process and bringing socio-economic changes in under developed rural areas. Sugar industry covers around 7.5% of total rural...