The data from the project "Conviver," launched in 2006 in Belo Horizonte (Brazil), provides a unique opportunity to study illegal electricity connections. Based on an original dataset of 15,279 low-income households, this paper studies the incidence and determinants of illegality in the context...

This paper analyzes defense spending preferences using ordered logit regression analysis of American National Election Survey data from 1980 through 2008. Our results indicate that as opposed to having the ideology of isolationism, political party identification towards the Republican Party or...

type="main" xml:id="twec12145-abs-0001" <title type="main">Abstract</title> <p>We investigate whether countries have access to loans with better conditions after an International Monetary Fund (IMF) agreement. We conduct an empirical analysis which takes into account both the maturity and the interest rate of public and...</p>

Purpose – The purpose of this paper is to empirically demonstrate that drivers of venture capital (VC) investments are different across three broadly defined sectors: high-technology manufacturing, medium-technology manufacturing and services, and low-technology services. Moreover, such...