In this paper, we formulate a dynamic utility maximization model of female labor force participation and fertility choices and estimate approximate decision rules using data on married women in Italy, Spain and France. The pattern of estimated state dependence effects across countries is...

The multiple features of intellectual property rights and industrial competition are explored through the analytically rigorous lens of the frontier of the economics literature. The book covers a broad range of issues ranging from industrial espionage to collective property rights in cultural...

Can nations be ranked on the quality of their elites? Elites are dominant coalitions possessing the strongest coordination capacity over a country's key resources. They run the highest impact business models, which can be value creating or value extracting. We aim to produce a political economy...

The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...