The Middle East and North Africa (MENA) countries are among the world's top emitters of CO2 and SO2 in per capita terms. The objective of this paper is to analyze whether investing in the democratic development of these countries is an effective tool to make the economic growth in this region...

This paper empirically studies the impact of decentralization and inter-jurisdictional competition on foreign aid effectiveness. For this purpose we examine a commonly used empirical growth model, considering different measures of fiscal decentralization. Our panel estimations reveal that...

This paper empirically studies the impact of the quality of political institutions on the link between central bank independence and inflation. Making use of data on the evolution of central bank independence over time and controlling for possible nonlinearities, we employ interaction models to...

This paper studies the impact of decentralization on the shadow economy. We argue that decentralization may decrease the size of the shadow economy mainly through two transmission channels: (1) Decentralization enhancing public sector efficiency (efficiency effect), and (2) decentralization...

Dieser Beitrag untersucht empirisch die ökonomischen Bestimmungsgründe des nach wie vor bestehenden Lohnunterschieds zwischen Ost- und Westdeutschland. Durch die Verwendung eines Mikrodatensatzes, welcher Angaben zur Personen- und Betriebsebene über die Zeit enthält, und die Anwendung neuer...