This paper reviews the most recent empirical literature that assesses efficiency in higher education. We analyze 76 studies ranging from 1997 to 2018 and classify them according to the methodologies applied and to the definitions used to describe the outputs, inputs, quality and the context...

How does the process of applying knowledge to the economy work? How do people innovate? What is inside the innovation black box? Can the process be stylized? We apply an economic approach to creativity which provides a general analytical framework to innovation to answer these questions by...

In this paper, we aim to discuss the main issues concerning annuities from a less technical perspective. Annuity is an old instrument which provides unique longevity insurance. But instead of being popular for reducing uncertainty on earnings at advanced ages, the market is thin. Our overview of...