We investigate the effect of population aging on international factor flows in a political-economy framework. Political barriers to immigration in developed countries and insecure property rights in developing countries impede factor flows. Taking into account different generations' conflicting...

Aging, longevity risk and following pension reforms are expected to have large impacts on households' saving level, and their need/demand for financial instruments. Evidence shows that the share of the insurance products and private pension funds in the household financial portfolio increased...

Chapter 1: General Introduction -- Chapter 2: Entrepreneurial Activity and Economic Growth: A Literature Review -- Chapter 3: A Review of Economic Development Thinking and the Role of Innovative Entrepreneurship: Past, Present, and Future -- Chapter 4: Why Do Some Nations Succeed While Others...

Die Idee des "Wachstums" hat zwei Jahrhunderte lang die europäische Wirtschafts- und Sozialpolitik geprägt. Die jährlichen Wachstumsraten schienen über Glück und Unglück einer Gesellschaft zu entscheiden. Ohne Wachstum kein Wohlstand, keine Arbeitsplätze, keine ausgeglichenen...

This paper examines how an emerging economy's institutional context motivates different forms of MNE entrepreneurship, which, subsequently, leads either to economic development or economic growth. To do so, the paper distinguishes emerging economies' institutional environment into a state of...