This paper investigates the determinants of fiscal decentralisation, focusing in particular on the impact of the level of income on the level of fiscal decentralisation. Various measures of fiscal decentralisation, several of them novel in this context, are employed in a cross-country...

This paper examines whether Australian labour market variables, in particular aggregate employment and unemployment, exhibit particular forms of nonlinearity and asymmetry that are of economic interest. the analysis used nonparametric tests - the BDS text and the triples test. The BDS test...

What impact, if any, does Fiscal Decentralization (FD) have on economic growth? Further investigations of the inter-relationships between FD and economic growth are timely given that government decentralization remains at the forefront of many Organization for Economic Cooperation and...

A number of papers have documented a significant decline in real GDP volatility in several major OECD economies. Some authors have presented evidence to suggest that this is the outcome of a one-off structural break from a high to low volatility state whilst others have estimated regime...

Happiness research is a new, rapidly growing and provocative aspect of economic science. In fact, there are now over 1,800 published papers on the subject, and it might be said that the ‘dismal science’ has come to be obsessed with happiness. This research provides a number of interesting...