Im Zuge der Globalisierung nimmt die Intensität der Beziehungen zwischen Nationen, zwischen Unternehmen und zivilgesellschaftlichen Akteuren zu. Transnationale Normbildungsnetzwerke entstehen, die einen bislang wenig bekannten Einfluss auf alle Lebensbereiche (Wirtschafts- und...

This paper reviews the theory of foreign direct investment (FDI), focusing on an apparent con‡ict between theory and recent trends in the globalized world. The bulk of FDI is horizontal rather than vertical, but horizontal FDI is discouraged when trade costs fall. This seems to conflict with...

Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into the potential mechanisms driving economic...

Die Akzeptanz kleinräumiger Angebote der Lebensmittelversorgung im Untersuchungsraum Stuttgart steht im Mittelpunkt dieses Arbeitsberichts, der grundsätzliche Überlegungen und aktuelle empirische Untersuchungen am Fachgebiet Agrarmärkte und Agrarmarketing der Universität Hohenheim hierzu...

This paper presents a model yielding testable implications concerning the long-run co-movements of real exchange rates, relative productivity, the trade balance and terms of trade. Countries with higher productivity, trade deficits or improved terms of trade are found to have more appreciated...

The December 1776 issue of the "Gentleman's Magazine," flagship of British periodicals, features an item unique in the history of 18th-century music: the "Scale to Measure the Merits of Musicians." It comprises an evaluative chart of two-dozen composers, marking the first quantitative assessment...

This paper derives the conditions under which fitness-reducing alleles can survive in a long-run stationary equilibrium for a trading population, extending the results in Saint-Paul (2002) for arbitrary systems of sexual reproduction.