Inequality is an important threat to the globalization of the world economy that we experience today. This contribution uses a new measure of inequality: heigth inequality. It covers not only wage recipients, but also the self-employed, the unemployed, housewifes, children, and other groups who...

Interest in the Latin American emerging markets (LAEM) has increased considerably in recent years. It is often claimed that they have to pay a price for being too different from developed markets, i.e. for having weak institutions, failed macroeconomic programs, political instability, poor...

Historical events are reflected in asset prices. In this paper, we analyse government bond prices of Germany and Austria traded on the Swiss bourse during WWII. Some war events that are generally considered crucial are clearly reflected in government bond prices. This holds, in particular, for...