The directory of development organizations, listing 70,000 development organizations, has been prepared to facilitate international cooperation and knowledge sharing in development work, both among civil society organizations, academic and research institutions, governments and the private sector.

We derive the statistical properties of the SNP densities of Gallant and Nychka (1987). Weshow that these densities, which are always positive, are more flexible than truncated Gram-Charlier expansions with positivity restrictions. We use the SNP densities for financialderivatives valuation. We...

We show theoretically that when larger firms pay higher wages and are more likely to becaught defaulting on labour taxes, then large high-wage firms will be in the formal sector andsmall low-wage firms will be in the informal sector...

State and federal reforms of the 1990s transformed the U.S. cash assistance program forsingle parents and their children. Despite an extensive literature examining these changesand their impacts, there have been few studies that consider the effects of these reformsfrom the perspective of the...

In many countries, non-compliance with minimum wage legislation is widespread, andauthorities may be seen as having turned a blind eye to a legislation that they havethemselves passed. But if enforcement is imperfect, how effective can a minimum wage be?And if non-compliance is widespread, why...

Academic entrepreneurship has become an increasingly important channel through whichuniversities contribute to economic development. This paper studies academic entrepreneursusing a comprehensive venture capital database...

Options are financial derivatives that, conditional on the price of an underlyingasset, constitute a right to transfer the ownership of this underlying. Morespecifically, a European call and put options give their owner the right to buyand sell, respectively, at a fixed strike price at a given...

The globalization of banking in the United States is influencing the monetarytransmission mechanism both domestically and in foreign markets. Using quarterlyinformation from all U.S. banks filing call reports between 1980 and 2005, we findevidence for the lending channel for monetary policy in...

A significant part of the activity of the UK Department Of Trade and Industry (DTI) is concerned with enhancingbusiness access to, and use of, external sources of knowledge and expertise. In March 2005 the DTI, recognising theneed for a synthesis of available evidence, conceived and commissioned...

Immaterielle Vermögenswerte, die nicht in der Bilanz erfasst werden, sind in den letztenJahren vielfach als wichtige Determinanten des Unternehmenswertes identifiziertworden1. Unabhängig von den Besonderheiten einer Branche wird zunehmend derVersuch unternommen, immaterielle Vermögenswerte...