The aim of this paper is to analyse the role of human capital in the productivity gains of the OECD countries in the period 1965-90, breaking down the productivity gains into technical change and gains in efficiency. For this purpose we use both a stochastic frontier approach and a...

MAUDOS J., PASTOR J. M. and SERRANO L. (2000) Efficiency and productive specialization: an application to the Spanish regions, Reg. Studies 34, 829-842. This paper shows the importance of the composition of production (productive specialization) and sector inefficiencies when evaluating...

This paper studies the impact of the subprime crisis on the ratings issued by the rating agencies in evaluating the solvency of banks. After ascertaining a significant worsening of ratings after the crisis, the paper hypothesises the possibility that this worsening is due not exclusively to a...