The objective of this paper is to investigate which factors ] macroeconomic, policy ]related or institutional ] foster the implementation of structural reforms. To this objective, we look at episodes of structural reforms over three decades across 40 OECD and EU countries and link them to such...

In recent years, studies have identified the determining factors for participation in voluntary agri-environmental measures (AEMs) by farmers who support sustainable agricultural production practices. Although the previous implementation of AEMs is an important determinant of sustainable...

In response to a request from the California Debt and Investment Advisory Commission, we propose a model to estimate default probabilities for bonds issued by cities. The model can be used with financial data available in Comprehensive Annual Financial Reports that cities are required to...