Metropolitan growth has been dramatic in the past several decades, and today metropolitan regions are recognized as the main driving forces in national growth and development as well as in national and global innovation processes. The purpose of this book is to contribute to a better...

By empirically assessing the competitiveness of 505 cities around the world from regional, national and other perspectives, this book not only ranks these cities but also presents a treasure trove of information with regard to each city’s relative strengths and weaknesses. This unique resource...

Chapter 1: The Startup Common -- Part 1: Exploring the Startup Common -- Chapter 2: Creating Pillar Companies -- Chapter 3: Launching Startups from Universities -- Chapter 4: Deepening the Human Capital Pool -- Chapter 5: Sourcing Investment Capital -- Chapter 6: Building Mentor Networks --...

Tourism and the Built Environment -- Architectural Tourism in the Spatial and Temporal Urban Context -- Contemporary Architecture and the Destination Image -- Architectural Tourism and the Spectaculture.

We study how macroeconomic shocks affect U.S. public debt dynamics using a VAR with debt feedback. Following a fiscal austerity shock, the debt ratio initially declines and then returns to its pre-shock path. Yet, the effect is not statistically significant. In a weak economic environment, the...

This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over the period 1979Q2 to 2011Q2. Set-identification of the U.S. oil supply shock is achieved through...

The United States has pledged to become carbon neutral by 2050, meet sectoral objectives (e.g., for carbon free power, electric vehicles) and encourage greater mitigation among large emitting countries and of international transportation emissions. Fiscal policies at the national, sectoral, and...

This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of analyses to identify which fund categories are more vulnerable to distress than others, and how sales from funds can impact financial stability. We develop a new measure to identify...

We isolate a U.S. dollar currency premium by comparing corporate bonds issued in the dollar and the euro by firms o utside t he U .S. a nd e uro a rea. We make s everal empirical observations that dissect the perceived advantage of borrowing in the dollar. First, while the dollar dominates...