Private equity funds and hedge funds are both alternative asset classes that are continuouslygrowing in importance. Although they have different focuses, they share some characteristics.First of all, both have or allegedly have a significant impact on the economy as well as thefinancial system...

This paper revisits the issue of the productivity performance of pre-World War I Britain’s railway system with an improved dataset and with modern time-series econometrics. We find a slowdown in TFP growth between 1850 and 1870, after which it stabilized at about 1.1%. An analysis of...

This paper explores the location of industry in pre-World-War-I Britain using a model that takes account both of factor endowment and also of new economic geography influences. Broadly speaking, the pattern of industrial location in this period was quite persistent and regional specialization...

The findings set out in this Report challenge the perception of low population support for rights overall - and the view that the public think rights are a “charter” for criminals and terrorists. They support the reasoning of the Joint Committee on Human Rights (JCHR) that economic and...

We conduct a laboratory experiment to study whether people in-tuitively use real-option strategies in a dynamic investment setting.The participants were asked to play as an oil manager and make pro-duction decisions in response to a simulated mean-reverting oil price.Using cluster analysis,...

Outward FDI of firms from Brazil, Russia, India, and China has increasedsignificantly in the last years. Despite this trend comprehensive research on thespecific motives and antecedents of outward FDI from BRIC countries is stillunderrepresented. Case studies of eight companies were conducted...