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We analyze how adding the shadow economy to official output figures affects technical efficiency. We find that this only slightly affects the ranking of efficiency scores, but increases average efficiency. Our results are robust to the functional form of the production technology and the...
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We study the relationship between major religious denominations and individuals' levels of education, using the World Values Survey. In a first step, running country-by-country regressions, we report first-time evidence that no single denomination has a universal effect on education. Each...
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