than the equilibrium interest rate. Most importantly, this paper analyses the efficiency and distributional consequences of … of banking on carbon emissions, technological progress, and optimal investment decisions is quantified and the incentives …

This paper investigates the efficiency of the public sector in a sense of public performance and expenditures. For 23 …, security and infrastructure. We use several efficiency techniques (FDH, order-m) and investigate input- and output …-oriented efficiency of the public sector. We find that countries with small public sectors tend to be more efficient no matter which …

We examine the efficiency gains in health systems generated after the national roll out of basic healthcare in El …-specialized health workers improves efficiency, maintaining quality of care. …

persistent decline in investment. Moreover, the territorial dispute has led to persistent pessimism in these firms' expectations … about future sales, which can explain 60% of the overall decline in investment. …