It is widely suggested that there is some relationship between banking crises and recessions. We assess whether there is evidence for interdependency between recessions and banking crises using both non-parametric tests and unconditional bivariate probit models and find strong evidence for...

Practitioners and scholars of public administration currently seem to have overcome comprehensive reform strategies and are focusing their attention on minor changes in public administration that generate short-term outcomes with lower transactional costs. In that sense, many have argued that...