Using micro data on more than 130,000 individuals from 69 countries, we analyze the extent to which joblessness of the individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that personal joblessness experience translates...

Using micro data on more than 130,000 individuals from 69 countries, we analyze the extent to which joblessness of the individuals and the prevailing unemployment rate in the country impact perceptions of the effectiveness of democracy. We find that personal joblessness experience translates...

Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...

In the present short paper author attempts to point out econometrically the importance of banking sector viability and household consumption as a requirement for economic growth. In the recent financial crisis many economies are facing the danger of financial collapse. The remedy is difficult,...

In the present short paper author attempts to point out econometrically the importance of banking sector viability as a requirement for economic growth. In the recent financial crisis many economies are facing the danger of financial collapse. The remedy is difficult, cold minded policy-makers...

In the present paper an empirical analysis will point out that loans to households trigger consumption which in turn through the creation of economic growth, as claimed by Saito (2007), reduces unemployment. Austerity measures should not last for too long, since economy will face too many...

In the present paper an empirical analysis will point out that consumption generates economic growth, as claimed by Saito (2007). The sample covers all world during the period 2006 - 2011. Data are drawn from O.E.C.D. and are elaborated by means of the Eviews software package

Can capitalist systems rapidly change from one type to another? According to the varieties of capitalism literature, a broad set of complementary institutional practices make it very difficult for extensive changes to occur quickly. So how did France make a secular change from the...