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The Democratic Crisis and the Knowledge Problem

This article provides a new explanation for the current democratic crisis by focusing on the growing opposition of citizens to political elites. Modern democracies are basically representative democracies in the sense that citizens are represented by a governing political elite.

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The Value of Flexibility in Power Markets

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What policies to combat labour informality? Evidence from Mexico

Informality often concerns policymakers due to its negative implications on productivity and poverty. In recent years, the extent of informal employment has diverged across Mexican states.

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Worker mobility and the purchase of low CO2 emission vehicles in France: a datamining approach

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The Cost of Banking Crises: Does the Policy Framework Matter?

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Central bank credibility and the expectations channel: evidence based on a new credibility index

This article investigates the relationship between central bank credibility and the volatility of the key monetary policy instrument. First, we propose a time-varying measure of central bank credibility based on the gap between inflation expectations and the official inflation target.

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Managerial Performance in Developing the "Well-Tempered Musician"

This article identifies key meta-skills for success as a musician and the importance of the manager artist relationship.

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Structural Transformation in Mexico: What Is the Role of FDI?

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