Inflation Targeting (IT) can be expected to play a role in structurally reducing nominal interest rates, by lowering a country’s inflation expectations and risk premium. Relying on a panel of 52 advanced and emerging economies over the 1975-2009 years, we carry out a formal investigation of...

Building on standard growth-theory models, this paper provides an empirical investigation of the effects of crime on regional economic performance in Italy, as measured by labour productivity growth. Our analysis relies on a panel of annual data on the Italian regions and, contrary to previous...

This article applies frontier production function analysis to small farms in Nicaragua during 1998-2005 (Battese and Coelli, 1988). The objective of this study is to estimate an average function that will provide a picture for the shape of the organic fertilizer technology of an average firm (in...