The Databank of the Centre for Economic and Regional Studies has established Admin3, the third round of the Panel of Administrative Data. The data source contains administrative data of the National Health Insurance Fund Administration, the Hungarian State Treasury, the National Tax and Customs...

The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...

The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...

Understanding corruption is at the heart of treating the dysfunctionality of many countries' public sectors. Yet, most corruption research suffers from one common problem: There is no "objective" measure of public-sector corruption for a cross-section of countries. Most studies on the...

This paper revisits the discussion about the role that fundamentals play in asset prices using sovereign credit spread data. We augment the standard macroeconomic proxy set by text-based measures of country and global fundamentals from a database of Reuters news articles between 2007 and 2016....

This paper documents the influence of diaspora networks of high-skilled individuals - i.e., inventors - on international technological collaborations. By means of gravity models, it studies the determinants of the internationalization of inventive activity between a group of industrialized...

In this paper we use a panel of 189 countries to describe the salient trends that have emerged in national personal income tax systems spanning the twenty five year period from 1981 to 2005. Using complete national income tax schedules, we calculate actual average and marginal tax rates at...

This paper summarizes a comprehensive revision and update of UTIP's work on the inequality of pay and incomes around the world, from 1963 to 2008. The new UTIP-UNIDO (University of Texas Inequality Project-United Nations Industrial Development Organization) dataset of industrial pay inequality...

A standard Ak-model of endogenous growth has been extended to allow for an intertemporal conflict between capitalists and workers. For the dynamic game thus obtained, an equilibrium solution in feedback Nash (Markovian) strategies have been computed. However, many equilibria in trigger...