Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency is regressed on explanatory variables. No evidence is found for average productivity responding to deregulation over the period studied. State-owned banks are found to be...

his paper succeeds in investigating, through a questionnaire-based research conducted on a population of managers-teachers, the opinion of the skills / competences which are the main managerial and decision-making support. Ordered hierarchically as early as their intial scaling in the phase of...

This paper attempts to delineate from a theoretical of view the financial data series relative to other statistical data, starting from the financial econometrics’ models and from the resulting features of the specific descriptive statistics’ analysis of these characteristic series. From the...

A természeti katasztrófák különböző hatásaival (környezeti, társadalmi, gazdasági, pozitív, negatív, semleges stb.) számos nemzetközi tanulmány fogalakozik, érzékeltetve ezzel a kérdéskör fontosságát. Mind nemzetközi, mind hazai szinten számolnunk kell a természeti...

This book approaches the elementary statistical concepts. It presents also some statistical methods of collecting and analysis of data.

In the growth literature, evidence on income convergence is mixed. In the development literature, health and education indicators are also often used. This study examines whether health and education levels are converging across countries and calculates their convergence speed, using data from...

The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in...

This paper investigates the determinants of the international role of a currency. It argues that standard determinants such as monetary performance and financial openness are at best imperfect indicators of a currency’s stability prospects, because the issuer’s promise of stability is not...

In recent years there has been substantial theoretical and empirical work on the role that financial markets play in fostering economic growth and development. This paper provides a selective review of the literature, as well as new empirical evidence on the relationship between financial...

Despite the liberalization of foreign portfolio investment around the globe since the early 1980s, the home-bias phenomenon is still found to exist. Using a relatively new IMF survey dataset of cross-border equity holdings, this paper tests new structural equations from a consumption-based...