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Busse, Jeffrey A.; Goyal, Amit; Wahal, Sunil - National Centre of Competence in Research - Financial … - 2011

We examine active retail mutual funds and institutional products with a mandate to invest ininternational equity markets between 1991 and 2009. Using global and regional factor models,we find no reliable evidence of alphas in the aggregate or on average. The right tail of thedistribution...

Persistent link: https://www.econbiz.de/10009486829

Common and Uncommon Sources of Growth in Asia Pacific

Weber, Enzo - Sonderforschungsbereich Ökonomisches Risiko <Berlin>

This paper embarks to analyse the role of exports and investment supposed to be major sources of economic growth in …

Persistent link: https://www.econbiz.de/10005854965

Ist Wirtschaftswachstum systemimmanent?

Irmen, Andreas - Université du Luxembourg / Faculté de Droit, … - 2011

Der Begriff „Wachstum“ gehört zu den schillernden Schlagwörtern des politischen Alltags.2 Wachstum ist gut, und vieles scheint in Gefahr, wenn Wachstum ausbleibt. So führt Bundeskanzlerin Merkel in ihrer Regierungserklärung vom 10. November 2009 zum Beginn der neuen Legislaturperiode...

Persistent link: https://www.econbiz.de/10009248988

ECONOMIC GROWTH WITH BUBBLES

Martin, Alberto; Ventura, Jaume - National Bureau of Economic Research <Cambridge, Mass.> - 2010

dispersion in the rates of return to investment. During bubbly episodes, unproductiveinvestors demand bubbles while productive … investors supply them. Because of this, bubbly episodeschannel resources towards productive investment raising the growth rates … of capital and output. Themodel also illustrates that the existence of bubbly episodes requires some investment to be …

Persistent link: https://www.econbiz.de/10005870349

Das Internet: New Economy und Netzwerkeffekte

Ahlert, Dieter; Becker, Jörg; Ehlers, Lars H.; Hören, … - 2000

Das Internet und die multimedialen Möglichkeiten des World Wide Web habendazu geführt, dass eine neue Industrie um die …

Persistent link: https://www.econbiz.de/10005840674

The Role of Offshore R&D in Strengthening Competitive Advantage: Chances and Challenges in India

Tiwari, Rajnish - Technische Universität <Hamburg> / Arbeitsbereich … - 2007

A recent phenomenon of globalisation has come to be known as "Knowledge Process Outsourcing" (KPO), whereby knowledge-intensive R&D work is outsourced to an outside firm or an offshore-subsidiary. Primary motives of KPO are thought to be availability of highly-skilled labour, locations of...

Persistent link: https://www.econbiz.de/10005866967