Der Bericht befasst sich mit der Wirtschaftslage und den Reformprozessen nach den Anschlägen vom 11. September in den Ländern Zentralasiens. Es wird dargestellt, welchen Stand die wirtschaftliche Entwicklung erreicht hat und welche Probleme in der zentralasiatischen Region bislang ungelöst...

Workers are embedded within a network of social relationships and can communicate through word-of-mouth. They can find a job either directly or through personal contacts. From this micro scenario, we derive an aggregate matching function that has the standard properties but fails to be...

We provide some of the first rigorous evidence on performance spillovers and social network in the workplace. The data we use are rather extraordinary - weekly data for rejection rates (proportion of defective output) for all weavers in a firm during a 12 months (April 2003-March 2004) period,...

Economists draw important lessons for modern development from the medieval Maghribi traders who, according to Greif, enforced contracts multilaterally through a closed, private-order coalition'. We show that this view is untenable. The Maghribis used formal legal mechanisms and entered business...