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Appraisals are needed for decision-making and for performance evaluation. Knowledge on the accuracy of valuation methods is of general interest for banks and investors. We assess the accuracy of the German Regulation on Valuation with monthly data on appraisals and prices for commercial...
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The Constitution of Tonga, 132 years old in 2007 -- indeed one of the world's oldest extant constitutions -- has recently, for the first time in history, been subjected to significant scrutiny by the people who live under it. The review process has also canvassed the views of the thousands of...
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economic freedom as an institutional variable. It has been found that economic freedom can be used as a proxy of developed … freedom. We have also found that economic freedom is beneficial to growth and favors the relationship between financial … promote greater economic freedom and well-developed institutions to improve the relationship between financial development and …
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