In spite of Microsoft´s quasi monopoly position in the market for operating systems Linux has succeeded to become a serious competitor of Microsoft Windows. From an economic standpoint this fact raises some puzzles.(...)

This paper examines the direct private equity investment strategies across sovereign wealth funds and their relationship to the funds' organizational structures. SWFs seem to engage in a form of trend chasing, since they are more likely to invest at home when domestic equity prices are higher,...

This paper, situated against the growing body of work that argues that adequate state capacity and robust public institutions are key for socio-economic development, examines the leading and supporting institutions of secondary education in two Indian states, Andhra Pradesh (AP) and Rajasthan....