The paper tries to convey the idea that choosing a winner among a group of nominees or short-listed candidates may hurt those who bestow prizes, those who are selected, as well as those who base their own choices on the ranking. We base our observations on examples of contests (movies,...

This paper shows that electoral incentives deter politicians from supporting trade liberalization. We focus on all major trade liberalization bills introduced since the early 1970s in the U.S. Congress, in which House and Senate members serve respectively two- and six-year terms and one third of...

The article illustrates the formation over time of the late 20th century canons of two schools that dominated all other European schools in their time: Italian Renaissance and Flemish Realism. Since most artists were discussed some 400 years ago, by Vasari in the second edition of his Vite and...

We develop a new data envelopment analysis (DEA)-based methodology for measuring the efficiency of decision-making units (DMUs) characterized by multiple inputs and multiple outputs. The distinguishing feature of our method is that it explicitly includes information about output-specific inputs...

In order to facilitate employment adjustment by firms and to reduce the unemployment rate, legislation regarding temporary employment has been relaxed in Belgium (as in most European countries) over the last 20 years. Accordingly, the share of temporary employment as a percentage of total...

This paper investigates the impact of international trade on wage dispersion in a small open economy, Belgium. It is one of the few to: (i) use detailed, matched employer-employee data to compute industry wage premia and disaggregated industry-level panel data to examine the impact of changes in...