Few, if any, epidemics responsible for 20 million severe injuries and/or deaths each year, globally, receive less public attention than do traffic accidents truly making them a “hidden epidemic”. Worse yet, the epidemic is growing as evidenced by World Health Organization data which show...

A number of recent studies have, separately, addressed the effects of public sector corruption and natural disasters. In this paper, we intersect these lines of research to assess whether corruption in the public sector plays a role in the havoc wrought by large scale natural disasters, using...

How does the inflation tax impact on buyers’ and sellers’ behaviour? How strong is its effect on aggregate economic activity? To answer, we develop a model of directed search and monetary exchange with inflation. In the model, sellers post prices, which buyers observe before deciding on cash...

A country’s levels of collective action in the provision of socially desirable goods and services are primarily determined by its level of development, important natural attributes, and its unique institutional characteristics. In general, one can expect that, given a particular set of natural...