In this paper, we examine the main empirical contributions pertaining to the relationships between productive efficiency and proprietary forms in the care sector. International evidence indicates that non-profit organisations (NPOs) are likely to be less cost-efficient but more attentive to...

This paper examines whether Euro Area countries would have faced a more favorable inflation output variability tradeoff without the Euro. We provide evidence that this claim is true for the periods of the Great Recession and the European Sovereign Debt Crisis. For the Euro Area as a whole, the...

This paper analyses the Beveridge Curve across nine OECD countries from 1985 to 2012. Besides allowing for some customary labour-market institutions, we assess the role of various kinds of structural factors (technological progress, globalisation, oil prices) and of the current recession on the...

In this paper, controlling for several macroeconomic factors, we test the hypothesis that central bank independence is closely correlated with the level of social consensus and cooperation on income distribution. Using data from a panel of OECD countries over period 1972-2002, we find evidence...

The use of stochastic frontier models to perform the empirical analysis of efficiency and productivity has recently become very widespread, developing into a very large literature. Within this literature, the development of the body of techniques known as model validation has remained somehow...

This study examines the effect of various forms of investment expenditure (gross fixed capital formation, R&D and European Structural and Investment Funds) on employment across NUTS2 European regions from 2000 to 2016. We find that the effect of R&D is heavily conditional upon regional...