Lustration is alternately theorized and anecdotally alleged to either undermine or contribute to the democratic transitions in Central and Eastern Europe (CEE) by supporting or undermining trust in public institutions, and by extension trust in national government. Using quantitative data on...

Although institutional reforms are necessary to increase rates of entrepreneurship in European countries, we argue that one-size-fits-all reform strategies are unlikely to be successful. Reform strategies must be informed by a better knowledge of the varieties of European capitalism and the...

We study the effects of broadening the safety net on bank risk taking in Central Europe, using individual bank data and time-varying regulatory data. Further, we analyse the shareholder structure and its links with risk, as well as possible modifications it may introduce to the moral hazard...