Emotions can have important effects on performance and economic outcomes. This study examines the behavior of professional athletes involved in a dynamic competition in their own natural environment. We empirically analyze overtime shootouts in the National Hockey League in the context of...

The influential and controversial paper by Reinhart and Rogoff (2010) triggered a debate on the effects of public debt on economic growth. Subsequent papers provide more convincing results. However, one of the key assumptions implied in these studies is that lower economic growth is spurred by...

In this paper we investigate the real interest parity condition in ten Eastern European transition countries during 1997-2009 period. Our sample is interesting for three reasons: It covers the second stage of economic transition in the aftermath of the collapse of socialism; the establishment of...