There is an increasing trend in the pattern of world migration of educated and skilled individuals leaving developing countries for developed ones. This has created much concern about a so-called “brain drain”. As the name suggests, the brain drain was believed by early commentators to be...

In drug R&D, there are big challenges today. Big pharma is struggling with a drying up of the pipeline and neglected diseases do not attract much drug development effort. India faces a different challenge not often discussed: it has not yet brought out a single widely used new drug. This is...

We contribute to the debate on whether institutional investors have an information advantage in a novel way – by investigating institutional options holdings. We find that net institutional option holdings predict both future abnormal stock returns and earnings surprises, particularly for...

This report aims to provide policy makers in Albania with new evidence to inform the design and implementation of public policies on post-secondary education, vocational education and training (VET) system labor market information and intermediation, and labor policies. The STEP Employer Survey...