The rapid rise in the price of crude oil between 2004 and the summer of 2006 are the subject of debate. This paper investigates the factors that might have contributed to the oil price increase in addition to demand and supply for crude oil, by expanding a model for crude oil prices to include...

The rapid rise in the price of crude oil between 2004 and the summer of 2006 are the subject of debate. This paper investigates the factors that might have contributed to the oil price increase in addition to demand and supply for crude oil, by expanding a model for crude oil prices to include...

This essay critizes enthusiastic conceptions of globalization which suppose an extensive weakening of nation states. On the one hand, the previous autonomy of nation states is overestimated, and on the other hand, the different processes summarized by the term globalization need a more...

This paper analyzes levels and trends in within-country income inequality during the second-half of the 20th century. Two broad general trends were visible: beginning in the 1950s and 1960s inequality declined substantially in most countries, and in the 1980s and 1990s it increased more variably...