ARPINO, Bruno; VARRIALE, Roberta - In: Journal of Applied Economic Sciences 5 (2010) 1(11)_Spring2010, pp. 7-22
The aim of this paper is to assess the quality of the ranking of institutions obtained with multilevel techniques in presence of different model misspecifications and data structures. Through a Monte Carlo simulation study, we find that it is quite hard to obtain a reliable ranking of the whole...
