Cross-country evidence on student achievement might be hampered by omitted country characteristics such as language or legal differences. This paper uses cross-state variation in Germany, whose sixteen states share the same language and legal system, but pursue different education policies. The...

This policy paper offers a synthesis of research on privatisation and its impacts on the utilities sector in different countries. It identifies issues to be considered by policy makers concerned with economic reform, including the implications of sequencing privatisation together with...

Cross-country evidence on student achievement might be hampered by omitted country characteristics such as language or legal differences. This paper uses cross-state variation in Germany, whose sixteen states share the same language and legal system, but pursue different education policies. The...

In her recent book “Inequality: An Entangled Political Economy Perspective,” Mikayla Novak provides a new way to understand, and analyze, income and wealth inequality. By adopting Richard Wagner's framework of Entangled Political Economy, Novak creates a connection between inequality – an...

The growth of entrepreneurship literature spurred a discussion on the distinct characteristics of the different types of entrepreneurship, with most attention being given to market, social, and political entrepreneurship. In organizing the inquiry around these supposedly distinct types of...

The burgeoning literature on corporate governance, both in economics and in law, has focused heavily on the agency costs of delegated management. It is therefore striking to encounter a large number of well-established and highly successful companies that have long been under the complete...

PPPs have been implemented broadly around the world in the infrastructure sector - water and sanitation, transports, energy and telecommunications - and, more recently, in the provision of public services -­ education, health, prisons, and water and waste management. Key aspects of the contract...

The Sustainable Development Goals (SDGs) are increasingly used by corporations for benchmarking and communicating their sustainability performance. The SDGs have several features that make them attractive for this purpose, including their universality, specificity and, in many cases, direct...

This paper aims to contribute to a theoretic and analytical basis to analyze Public Private Partnerships (PPPs) as a particular institutional arrangement from the point of view of its transaction costs, an approach that still has been neglected. That negligence has frequently jeopardized the...

PPPs have been implemented broadly around the world in the infrastructure sector -water and sanitation, transports, energy, and telecommunications- and, more recently, in the provision of public services -education, health, prisons, and water and waste management. Key aspects of the contract...