The objective of this study is to analyze the debate surrounding the transformation of the Bank of Brazil into a central bank in 1923. The article seeks to answer the question: What was the role of a central bank for Brazilian policymakers at that time? Unlike other Latin American countries that...

This study investigates farmer preferences for publicly and privately financed agri‐environmental contracts. Using a labelled Discrete Choice Experiment with 366 German grassland farmers, we examine trade‐offs between payment schemes (public/private), payment criteria...

I examine the pricing behavior of municipal and private firms in the unregulated Swedish district heating market, characterized by geographically bounded local monopoly networks. Conditional on exogenous cost factors, private firms charge on average seven percent higher prices compared to their...