This paper compares the depth and length of the recent crisis with the Great Depression in the 1930s. It claims that economic policy played a crucial role in shortening and curtailing the recent crisis. We analyse which policies were applied during the recent crisis and which measures worked. We...

Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...

Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation...

Mit dem vorliegenden Sammelband werden die Jahrestagungen des Ausschusses Evolutorische Ökonomik des Vereins für Socialpolitik in Tübingen und Osnabrück dokumentiert. Obwohl diese Tagungen - wie bei den vorangegangenen Treffen - unter keinem spezifischen Generalthema standen, ist versucht...

Dieser Band präsentiert weitere zehn Beiträge aus der Arbeit des Evolutorischen Ausschusses, die den Untersuchungsgegenstand der Evolutorischen Ökonomik, den wirtschaftlichen Wandel, aus verschiedenen Perspektiven analysieren. Jeder Beitrag wird von einem Korreferat begleitet, das die...

In contrast to the usual approach taken in the literature, in which an Industry Life Cycle (ILC) is reproduced by aggregate functions, the model of this paper generates a self-organizing ILC. A general evolutionary agent-based simulation model is developed that can be adapted for specific...