The aim of this paper is to analyze the links between health status, education and economic growth in Portugal. Focus is given to the achievements made in infant mortality rate which represents the most significant reduction among the OECD countries in the last decades. While this very positive...

In the paper relation between the unregistered employment and life satisfaction is investigated. Endogeneity of the employment status and income is described by the system of simultaneous equations with random individual effects. The system is estimated with maximum likelihood on the Russia...

Prior research has shown that credit downgrades affect firm's capital structure decision. However, after adjusting for biases associated with the use of market debt ratio and after controlling for simultaneity between credit ratings and leverage, we find that rating upgrades also play a role in...