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In this study, we analyse the sustainability of fiscal policy of EU member countries within the panel cointegration and … positive effect on the improvement of the fiscal position of the governments of the EU member countries. -- sustainability …
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This paper assesses the relationship between institutions, output, and productivity, when official output is corrected for the size of the shadow economy. Our results confirm the usual positive impact of institutional quality on official output and total factor productivity, and its negative...
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