It has traditionally been argued that the development of telecommunications infrastructure is dependent on the quality of countries' political institutions. We estimate the effect of political institutions on the diffusion of three telecommunications services and find it to be much smaller in...

One of the most persistent and lasting debates in economic research refers to whether the answers to subjective questions can be used to explain individuals' economic behavior. Using panel data for twelve EU countries, in the present study we analyze the causal relationship between self-reported...