This paper focuses on qualitative aspects of financing, investment and output decisions offirms. Such dimensions can be modeled econometrically by means of dynamic limited dependent variables models. We develop a partial equilibrium dynamic stochastic programmingproblem of investment, dividend...

In 2000 commentators everywhere were hailing the boom in some western economies as the dawn of a new economy. In 2001, with a slowdown biting in the US economy, dot.coms folding and information and communications technology firms feeling the pinch globally, the headline writers have swung the...

At OECD Forum 2001, some 1,500 representatives of civil society, government, business and labour came together to discuss the critical policy challenges of sustainable development and the new economy. Svend Auken, Danish Minister for the Environment and Energy, captured the spirit of the Forum...

This book investigates the implications of digital technologies on the industrial and business dynamics of modern economies. In-depth studies analyse how deep-rooted work practices of the Old Economy have been dramatically challenged when confronted with the entrepreneurial wave of the New...

During the past two centuries, major technological breakthroughs such as the steam engine and electricity have acted as the catalysts for growth and have resulted in a marked increase in material well-being. The dominant technology today - information and communication technology (ICT) - does...

In this book, Robert Boyer follows the origins, course and collapse of the "new economy" and proposes a new interpretation of US dynamism during the 1990s. He argues that the diffusion of information and communication technologies is only part of a story that also requires understanding of the...

Foreword; Acknowledgements; Table of contents; Reader's guide; Acronyms and abbreviations; Executive summary; Chapter 1. A framework for measuring regional and local well-being; Introduction: Why measure well-being on a regional level?; A framework for measuring regional well-being; Measuring...

How’s life? The answer can depend on the region in which you live. Many factors that influence people’s well-being are local issues, such as employment, access to health services, pollution and security. Policies that take into account regional differences beyond national averages can...