This paper discusses the growing dimensions of the offshoring of service activities both in manufacturing and service industries. Trade in Value-Added data implies a great potential of service offshoring for global welfare, however, the negative effects have to be balanced by appropriate...

This paper examines three questions: 1) How and why have financial models of doing business emerged in the last three decades? 2) What new forms of financial capitalism have become important in the current period? 3) How do new financial intermediaries, such as private equity, and the financial...

In view of high and rising jobless rates in the industrialized countries the solution of the unemployment problem becomes a cardinal question for politicians and economists. What factors have determined the unemployment trend since the 1960s and what conclusions can be drawn for employment policy?

The goal of this paper is to develop a comprehensive research agenda to analyze trends in domestic outsourcing in the United States - firms' use of contractors and independent contractors - and its effects on job quality and inequality. In the process, we review definitions of outsourcing, the...

Shared access to airwaves dates back to the dawn of radio. Yet, recent spectrum policy in the United States has articulated the idea of “spectrum sharing” as a distinct form of radio regulation. In this paper we take stock of spectrum sharing as a public policy, with a focus on four...