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Historical events are reflected in asset prices. In this paper, we analyse government bond prices of Germany and Austria traded on the Swiss bourse during WWII. Some war events that are generally considered crucial are clearly reflected in government bond prices. This holds, in particular, for...
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important role in explaining brain drain. The effects of social networks on brain drain are analyzed in a decision theory … framework with asymmetric information. We distinguish between the role of insidership and personal connections. The larger the …
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