1.
Eurocrisis and the myths of European redistribution: illegitimate, unsustainable, inefficient?
(Francesco Nicoli/Essay)
(Francesco Nicoli/Essay)
... it produces a moral-hazard scheme where endogenous incentives to reform (otherwise known as “market pressure”) are artificially removed. Second stands the “Myth of the Efficient Markets”: it is believed ...
2.
Efficiency as a descriptive variable of autonomous electoral systems in Spain
(Jaume Magre Ferran/Essay)
(Jaume Magre Ferran/Essay)
... decision to look to countries with multi-level political structures for inspiration. This paper puts forward the hypothesis that the electoral system in communities which form part of the endogenous party ...