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This paper shows that cross country differences in the generosity and the quality of the welfare state are associated with differences in the trustworthiness of their citizens. We show that generous, transparent and efficient welfare states in Scandinavian countries are based on the civicness of...
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In this paper we present a computer-based model (so-called European Tax Analyzer) for the international computation and comparison of company tax burdens. The methodology follows the forward-looking concepts for the measurement of effective average tax rates (EATR) on the basis of a model-firm....
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The purpose of this paper is to provide a survey of the international studies on bank efficiency with emphasis on …
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Investment banks' core functions expose them to a wide array of risks. This paper analyses cost and profit efficiency … efficiency scores for environmental influences including key banks' risks, bank - and industry specific factors and macroeconomic … conditions. Our evidence suggests that failing to account for environmental factors can considerably bias the efficiency scores …
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