"Kulturelle Vielfalt und pulsierende Kreativität sind Europas Markenzeichen. Der europäische audiovisuelle Sektor, dessen Wert auf rund €96 Milliarden geschätzt wird und der über 1.100 Filmproduktionen pro Jahr erzeugt, verkörpert wahrscheinlich am besten diese Werte. Allerdings wird nur...

"The purpose of this six-month study was to provide the Commission with a description of the different provisions, which exist within the aforementioned States, to implement Chapter III of the TWF Directive. This description covers both the implementation of these provisions, and also other...

"European Publishing Monitor is a 12 month project analysing the publishing industries in selected European countries ... The project will help the European Commission understand the challenges faced by the publishing industry in selected countries. ..."

In a cross section of OECD countries we replace the macroeconomic production function by a production possibility frontier, TFP being the composite effect of efficiency scores and possibility frontier changes. We consider, for the periods 1970, 1980, 1990, 2000, one output: GDP per worker; three...

This paper compares securities settlement gross and netting architectures. It studies settlement risk arising from exogenous operational delays and compares settlement failures between the two architectures as functions of the length of the settlement interval under different market conditions....

Capital-labor substitution and total factor productivity (TFP) estimates are essential features of growth and income distribution models. In the context of a Monte Carlo exercise embodying balanced and near balanced growth, we demonstrate that the estimation of the substitution elasticity can be...