This paper examines the effect of parental divorce during childhood on generalized trust later on in life using Australian HILDA panel data. The dependent variable is composed of answers to the statement: “Generally speaking, most people can be trusted.” The main explanatory variables...

The number of immigrants across the world has doubled since 1980. The estimates of the impact of immigration on wages and employment in host countries are quantitatively small but vary widely. We use meta-regression analysis to show how the estimates vary with definitions of the labor market,...

The article explores the reasons for winning and losing persistence in the Polish banking sector in the 1994-2005 period. It empirically verifies four hypotheses. They associate the performance persistence with market power, informational opacity, ownership structure, as well as with different...

This paper aims to shed light on the characteristics and particularly the determinants of credit-less recoveries. After building a dataset and documenting some stylised facts of credit-less recoveries in emerging market economies, this paper uses panel probit models to analyse key determinants...