This paper investigates private net saving in the US economy—divided into its principal components, households and (nonfinancial) corporate financial balances—and its impact on the GDP cycle from the 1980s to the present. Furthermore, we investigate whether the financial markets (stock...

Purpose – Considering the sectoral balance approach of Godley, and focusing only on the two main components of the private sector balance for the US economy (household and non-financial corporate balance), the purpose of this paper is to investigate the relationship between these two sectors,...

Purpose – Considering the sectoral balance approach of Godley, and focusing only on the two main components of the private sector balance for the U.S. economy (household and non-financial corporate balance), we investigate the relationship between these two sectors, the financial variables,...

In this paper, our main objective is to emphasize the difference between the old and the new EU member states (EU-15  versus EU-12 or NMS ) as regards the dependence on the Internal Market in the field of trade in goods. Conversely, we are trying to find out which European countries are most...

Extremely affluent investors differ in a number of ways. In industrialized countries the average age of UHNWI is rather high, their wealth is frequently inherited and the investment style if more conservative. In contrast, UHNWI in emerging markets are comparatively young, they have created...

The Information Society Unit of the JRC-IPTS has been investigating the Information and Communication Technology (ICT) sector and its R&D in Asia for several years as an extension of the PREDICT research project. The workshop was organised as part of this on-going research to gather the most...