<jats:sec> <jats:title content-type="abstract-subheading">Purpose</jats:title> <jats:p>This paper aims to investigate the influence of financial development on non-performing loans (NPL).</jats:p> </jats:sec> <jats:sec> <jats:title content-type="abstract-subheading">Des...

State capture and corruption are widespread phenomena across the globe, but their empirical study still lacks sufficient analytical tools. This paper develops a new conceptual and analytical framework for gauging state capture based on microlevel contractual networks in...

We use Portuguese firm-level data to investigate whether changes in resource misallocation may have contributed to the poor economic performance of some southern and peripheral European countries leading up to the Eurozone crisis. We extend Hsieh and Klenow's (2009) met...

This concluding chapter of the third edition of European Integration Theory (OUP 2018) takes stock of the updated mosaic of integration theory. The chapter is organised in three sections. The first section offers a comparative perspective on the book’s chapters. To that...

Cross-border activities of firms are said to be risky and complicated due to so-called 'liabilities of foreignness' (LOF) (Zaheer & Mosakowski 1997; Zaheer 1995). These LOF are difficulties firms in general have to face when acting in environments they are not familiar ...

In this paper, we present a disaggregated framework for the analysis of past and projected structural developments in the most relevant revenue and expenditure categories and the fiscal balance. The framework, in particular, distinguishes between the effects of discreti...

In this paper, we consider a one-to-one matching model with two phases; an adolescence phase where individuals meet a number of dates and learn about their aspirations, followed by a matching phase where individuals are matched according to a version of Gale and Shapley...

A growing number of countries are developing or reforming pension and health policies in response to population ageing and to enhance the welfare of their citizens. The adoption of different policies by different countries has resulted in several natural experiments. Th...

Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sec...

Climate change mitigation will create new natural resource and supply chain opportunities and dilemmas, because substantial amounts of raw materials will be required to build new low-carbon energy devices and infrastructure. However, despite attempts at improved governa...