Gegenstand der Studie ist der Einfluss des Immaterialgüterrechtsschutzes auf ausländische Direktinvestitionen und den Technologietransfer aus Industrieländern in Entwicklungs- und Schwellenländer. Der internationale Technologietransfer spielt im wirtschaftlichen Aufholprozess der...

A lending boom is reflected in the composition of bank liabilities when traditional retail deposits (core liabilities) cannot keep pace with asset growth and banks turn to other funding sources (non-core liabilities) to finance their lending. We formulate a model of credit supply as the flip...

A lending boom is reflected in the composition of bank liabilities when traditional retail deposits (core liabilities) cannot keep pace with asset growth and banks turn to other funding sources (non-core liabilities) to finance their lending. We formulate a model of credit supply as the flip...

We argue that a higher share of the private sector in a country's external debt raises the incentive to stabilize the exchange rate. We present a simple model in which exchange rate volatility does not affect agents' welfare if all the debt is incurred by the government. Once we introduce...