In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example–both by those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive economic recovery after its 2001-02 crisis–one that...

In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example - both by those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive economic recovery after its 2001-02 crisis - one that...

This paper explores how existing relationships between competitors can shift them from self-focused, reward-maximizing pursuits to peer-focused, competitive pursuits. Building upon recent research on rivalry, we explore the consequences of this unique relationship for decision-making in...

In this paper, I discuss something obvious, and to show something obviousat least in this casethere is no need to apply sophisticated theoretical models or fancy empirical techniques. I argue that the actual European Central Bank solution for the European countries in crisis is very far from...