Examining US data, this study uses techniques of cointegration analysis to test whether real estate investment trusts (REITs) are a useful hedge against inflation. Johansen tests seem to indicate that REITs are cointegrated with the general price level. This is true for a broad REIT index as...

Рассмотрена правовая база исполнения договоров пожизненного содержания и их специфика, прямо влияющая на разрабатываемые методы их экономического анализа и...

"This paper shows that the German labor market is more volatile than the US labor market at the business cycle frequency. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, the labor market tightness and vacancies) divided by the...

"This paper shows that the German labor market is more volatile than the US labor market at the business cycle frequency. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, the labor market tightness and vacancies) divided by the...

This paper examines the phenomenon of international R%D collaboration in the form of cross-national patenting. Using a unique dataset on patents from the USPTO for a maximum of 125 countries over the period 1975-2005, we show that, despite the potential for technological advancement arising from...