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 …

Union: the solvency of their government’s finances; and the accuracy of fiscal forecasts. Extending the existing methodology … of solvency tests, the paper finds that, with few exceptions, EU governments are insolvent, albeit debt/GDP ratios show …

accounts. The results of various solvency tests indicate that, in spite of the recent worsening of the current account, the …

The paper studies the solvency of the Indian public sector and the eventual monetization and inflation implied by … suggests that solvency cannot be maintained with an indefinite continuation of the pattern of behaviour reflected in the … seigniorage will not be sufficient to restore solvency. …

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