Building on new behavioral and institutional theories, using a data set of about 450 variables and augmenting the Sala-i-Martin definition of robustness, we find evidence in support of the hypothesis that the standard causes of the shadow economy (SE), taxes, the administrative burden and labor...

Die Rezession hielt in der Ukraine seit Beginn der Transformation an. Gleichzeitig zeigen Indikatoren für den ordnungspolitischen Transformationsfortschritt, daß die Ukraine zu der Gruppe weniger östlicher Transformationsländer gehört, die einen nur sehr geringen Fortschritt bei der...

This paper assesses the causes and costs of the Russian banking crisis, the lending behavior of Russian banks, and it evaluates the authorities' response to the crisis. There appears to be evidence for conservative lending behavior on the part of Russian banks. The paper also searches for ways...

Following a brief review of the theoretical literature on the benefits and shortcomings of fiscal decentralization this paper presents an empirical analysis of the relationship between per capita economic growth and its production function determinants, on the one hand, and constructed...