In this essay I review Sylvia Nasar’s long awaited new history of economics, Grand Pursuit. Idescribe how the book is an economic history of the period from 1850-1950, withdistinguished economists’ stories inserted in appropriate places. Nasar’s goal is to show howeconomists work, but also...

We examine the interaction between foreign aid and binding borrowing constraint for arecipient country. We also analyze how these two instruments affect economic growth vianon-linear relationships. First of all, we develop a two-country, two-period trade-theoreticmodel to develop testable...

This paper estimates trends in absolute poverty in urban China from 1988 to 2002 using the Chinese Household Income Project (CHIP) surveys. Poverty incidence curves are plotted, showing that poverty has fallen markedly during the period regardless of the exact location of the poverty line...

R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth (strong scale effect) or the level of per capita income (weak scale effect), with far-reaching policy implications. However, for modern times there is little empirical support for...

Germany is one of the top business locations in Europe. First, thecountry is one of the most important markets in Europe in itself.Its more than 80m inhabitants make a huge number of consumers.And with a GDP constantly on the rise, there is quite somemoney to spend. At the same time, the gap...

Mit dem Umstieg von Rundfunk und Fernsehen von der Analog- auf die Digitaltechnik werden große Teile des bislang für die terrestrische Verbreitung von Rundfunk und Fernsehen benötigten und benutzten Frequenzspektrums frei. Der Rundfunk nutzt bislang 56 MHz im VHF-Band1 und 392 MHz im...

Trotz des säkularen Trends zur wettbewerblichenÖffnung monopolisierterMärkte und der Abschaffung administrativer/gesetzlicher Marktzutrittsschrankenhat sich der Kernbereichdes Postmarktes, der Briefmarkt, alsmonopolistische Nische erhalten. Beider Trennung von Post und Telekommunikationund...

The theory of endogenous technical change has deeply contributed to our understanding ofthe fundamental sources of economic growth and development. In this chapter we surveyimportant contributions in the field by focussing on the basic structure of endogenous growthmodels with horizontal as well...

International vergleichende Daten zur Abschätzung des Einflusses von Bildung für Wachstum und Beschäftigung basieren oft mangels besserer Alternativen auf Bildungsvariablen, deren Vergleichbarkeit und Qualität zweifelhaft ist. Daher wurden in dieser Studie Daten zu Bildung verwendet, um die...