We study the link between middle-management ability and shop labour productivity using data from 245 shops of a UK nationwide retailer. The company scores six broad areas of management practice, the most important of which turns out to be "commercial awareness", where able managers achieve 17%...

We apply a robust method to the estimation of Impulse Response Functions (IRFs) to paneldata for 99 countries for the period 1974-2001. There is a lively debate on the persistence of the current banking crisis’ impact on output. IRFs estimated by Cerra and Saxena (2008) suggest that these...