If one ranks cities by population, the rank of a city is inversely related to its size, a well-documented phenomenon … known as Zipf's Law. Further, the growth rate of a city's population is uncorrelated with its size, another well … size distributions of cities and countries are similar. But theories that explain the size-distribution of cities do not …

asymmetric regions and costly trade. As shown by extensive simulations on random networks, local market size better explains a …

solvency. This is compared with the corresponding cost if India were to repudiate its debts and experience financial autarky as …

This paper explores the relationship between the myopia, the solvency and the reputation of a government choosing the …

-sector savings and investment and those of the nation as a whole have been consistent with long-term solvency over the last three …-run external solvency. We find evidence that a number of countries violate both domestic intertemporal budget constraints, but …