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We analyze how adding the shadow economy to official output figures affects technical efficiency. We find that this … only slightly affects the ranking of efficiency scores, but increases average efficiency. Our results are robust to the … ; income ; aggregate productivity ; efficiency …
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Using modern methods for analyzing multi-level data, we find that, by and large, citizens of OECD countries are more satisfied with the way democracy works in their country if more environmental policies are in place and if environmental quality is higher. We also document that parents care...
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To expand our knowledge about an appropriate anti-terror strategy, it is indispensable to assess the underlying causes of terror. We examine social and economic conditions in the country of origin of terrorist attacks, claiming that low opportunity costs of terror, e.g. approximated as slow...
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