This article suggests the use of program evaluation -- a branch of social science research designed to assess organizations and their activities -- to analyze continued reform efforts at the Securities and Exchange Commission ("SEC") under Section 967 of the Dodd-Frank Wall Street Reform and...

The dire current Sudanese nation socioeconomic and political situation is well known fact for the whole world. Economic collapse have been in process for years and poverty rates expand by the day. Socially, the country is in de facto disintegrating, public discontent developed into civil wars in...

Business innovation is viewed by many as a solution to Canada's ailing productivity performance. One of the more troubling aspects of Canada's innovation track record is that businesses spend relatively little on research and development (R&D) despite having access to some of the world's most...

Behavioral economics introduced the concept of salience to law and economics. In the area of tax policy, salience refers to the prominence of taxes in the minds of taxpayers. This article complicates the literature on salience and taxation by introducing the concept of “hypersalience,” which...

The goal of the paper is to evaluate the impact of reducing the administrative costs on the efficiency in the public sector. Within the general framework provided by the specialised literature, the proposed methodology uses the classical model of a function of production, thus describing the...

This article contributes to the debate on the systemic effects of technology policy by investigating knowledge spillovers of pre-competitive publicly funded Industrial Collective Research (ICR) in Germany. The ICR aims to compensate for obstacles faced by SME in carrying out research and...

The article is a review of the Paycheck Protection Program (“PPP”), an initiative under the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. The program was meant as a lifeline for small businesses by offering forgivable loans. However, recent reports have indicated that...

We use a large and unexplored dataset covering all mainland Portuguese municipalities from 1979 to 2002 to evaluate the impact of political forces in the allocation of grants from the central government to local authorities. Empirical results clearly show that, besides variables that proxy local...

This paper addresses issues relating to the establishment and financial management of extrabudgetary funds (EBFs), a large group of government entities that on average accounts for 40 to 45 percent of central government expenditure-two-thirds of which represents social security funds-in...

An increasingly large body of evidence on bounded rationality has led many scholars to question economics' traditional hostility towards paternalism. But if individuals' ability to make rational decisions is limited, wouldn't some paternal overseer's ability also be limited - both because the...