Purpose: Despite second homes having been extensively studied in the tourism area during the last two decades, there is a lack of updated review. This work presents a systematic literature review and a revision of the main issues studied. Methods: The document begins with a discussion about...

We analyze the emergence of large-scale education systems in a framework where growth is associated with changes in the con guration of the economy. We model the incentives that the economic elite could have (collectively) to accept taxation destined to nance the education of credit-constrained...

This paper explores the real exchange rate (RER)-economic growth relationship for a wide sample of countries over the period 1960-2009. After removing influential observations, the system-GMM estimates suggest a positive link between an undervalued RER and growth in non-industrial countries,...