Argentina has been characterised for a long time by inflation, recession, poverty and failed reforms. We analyse the reforms of Javier Milei with the help of the Austrian School of Economics, German ordoliberalism and the theory of financial repression. It is shown that Milei’s reforms have...

This study examines three issues related to the sensitivity of bank CEO compensation to risk, or vega: (1) its relevance compared with CEO compensation vega in industrial firms; (2) its determinants; and (3) its effect on bank risk-taking. Using a sample of 156 U.S. bank holding companies (BHCs)...

This study examines the impact of bilateral air service agreements (BASAs) on air passenger transport in Africa and quantifies the consumer welfare effects associated with air transport liberalization. Using data for 71 country pairs from Africa observed over the period 2011-2019, the paper...