Corruption costs Europe up to €990 billion in GDP annually, according to a new study. That's more than eight times previous estimates.
Mar 22, 2016
Statistical models can characterize relationships among aspects of economic behavior, and comprehensive econometric models are often used to guide public policy decisions. Several RAND researchers are skilled in the use of econometric models and use them to help explain how economic and political decisions may affect, for instance, military purchasing, agricultural production, and vehicle ownership patterns.