Despite the general narrative that the world is in a period of democratic decline, there have
been surprisingly few empirical studies that assess whether this is systematically true. Most …

Can external threats strengthen group identity? A growing body of research in economics
emphasises the importance of cultural attributes such as identity for trust and cooperation …

We examine whether fiscal rules' impact on fiscal performance depends on budget
transparency. Using panel data of 73 countries over the 2003–2013 period, we find that …

Despite the general narrative that we are in a period of global democratic decline, there
have been surprisingly few empirical studies to assess whether this is systematically true …

What explains the worldwide changes in central bank design over the past five decades?
Using a new dataset on central bank institutional design, this paper investigates the timing …

Although the debate regarding the impact of high-quality institutional measures to address
climate change associated with global carbon dioxide (CO 2) emissions has gained …

During the past decade, analyses drawing on several democracy measures have shown a
global trend of democratic retrenchment. While these democracy measures use radically …

Diversification is primarily associated with improved performance, although the increasing
complexity of conglomerates may offset these benefits. ESG scores and their dimensions …

When using discretionary fiscal policies in the countries belonging to the European Union,
any change affecting the current fiscal stance must run into the boundary designed by fiscal …

This paper presents empirical evidence of asymmetric fiscal policy along the business cycle,
using a real-time panel dataset on 19 OECD countries from 1997 to 2018. We estimate …