This article revisits the effects of life expectancy (LE) on economic growth (IPC) reported in previous research. Maximum likelihhod (ML) estimates are obtained based on the monotonic nonlinear flexible Box-Cox power transformation regression model. This variance stabilizing model, unlike the a...

The ifo Institute for Economic Research has been conducting the ifo business survey since its foundation in 1949. To ensure stability of participation rates, regular sample recruitment is indispensable. Does the dispatch method matter for response rates of a recruiting campaign? To answer this...

This study analyses the performance of the International Monetary Fund (IMF) World Economic Outlook output forecasts for the world and for both the advanced economies and the emerging and developing economies. With a focus on the forecast for the current year and the next year, we examine the...

This article empirically investigates the growth performance of European noneuro area countries during the recent global crisis depending on their respective exchange rate regime. Usually, floating exchange rate regimes are considered to better help countries cope with negative real shocks....

This article studies the effect of credit constraints on the jobs created by multinational enterprises in host countries. Although most FDI is labour intensive, few studies delve into the determinants of foreign direct employment (FDE). This article constructs a model of limited commitment...

Heterogeneous panel causality tests are employed to consider the relationship between urbanization change and economic growth. Urbanization causes economic growth in high-income countries, but noncausality could not be rejected for both middle-income and Latin American countries. A...

Given that private rewards have mixed effectiveness in the realm of prosocial behaviours (Bénabou and Tirole, 2006), we explore whether a 'public' reward (denominated in additional units of public good provision) successfully encourages prosocial behaviour in the form of increased donations to...

The purpose of this article is threefold. First, we measure both technical and scale efficiency of major Australian banks during the period 2006 to 2012 using data envelopment analysis (DEA). Second, the robustness and sensitivity of efficiency scores are tested based on a bootstrap approach....