This study considers the effect that judicial and police efficiency exercised on crime in 25 of the 33 political-administrative divisions in Colombia during the period 2000- 2011. Specifically, the study seeks to determine whether the reduction of crime was the result of increases in the cost of...

This work uses dynamic panel data methods to identify the determinants of the loan loss provisioning ratio in the Luxembourg banking sector from 1995 Q1 to 2011 Q4. The study is motivated by the theoretical framework assuming that both macroeconomic and microeconomic variables have a strong...

In contrast to earlier recessions, the monetary regimes of many small economies have not changed in the aftermath of the global financial crisis. This is due in part to the fact that many small economies continue to use hard exchange rate fixes, a reasonably durable regime. However, most of the...

Este trabajo analiza si ha habido un proceso convergente en la productividad del trabajo en el sector agrario de la Unión Europea (UE), para un conjunto de 125 regiones en el periodo 1986-2004. Para su estudio se propone un modelo dinámico de datos de panel. Los resultados confirman que las...