The literature on patent buyouts has focused on single-economy settings, where buyouts are welfare improving relative to patents unless there are frictions such as imperfect information or commitment problems. We expand the analysis to a world with two heterogeneous countries featuring different...

Several country-level studies have identified long-term adverse effects of in-utero exposure to the 1918 influenza pandemic (also known as the Spanish Flu) on economic outcomes. In-utero conditions are theoretically linked to adult health and socio-economic status through the fetal origins...