This paper investigates the relationship between institutional and regulatory quality, and high-tech sector investment. Using data from 25 European Union (EU) countries from 2004 to 2019 (extended to 2023 for artificial intelligence-specific analyses), the study examines how institutional...

Private lending has exploded over the past two decades. To explore its rise, we focus on Business Development Companies (BDCs). We show that their growth is intimately connected to growth in private equity. Many BDCs are directly connected to large private equity organizations, and their...

The worsening mental health of young workers in the United States drives the disappearance of the U-shape in wellbeing and the hump-shape in illbeing in the last decade. Illbeing declines in age among workers but is hump-shaped among non-workers across all US states. This has been the case for...

Viet Nam’s health system faces persistent overcrowding in its hospitals, despite decades of reform and substantial investments. This paper examines the drivers and consequences of Viet Nam's hospital-centric health system and proposes evidence-based strategies for reform. Drawing on national...

Rising non-performing assets (NPAs) remain a persistent threat to banking stability in emerging economies, including India. This study examines the role of conventional macroeconomic determinants in shaping NPA dynamics using annual panel data from 30 Indian banks over the period 2003-2022....

Background: This study revisits whether oil revenue windfalls translate into higher socio-economic welfare in oil-exporting economies and explains why oil price booms often fail to generate sustained gains in real GDP per capita. Methods: Using annual data for ten oil-exporting countries over...