The notable rebound of U.S. manufacturing activity following the Great Recession has raised the question of whether the sector might be experiencing a renaissance. Using panel regressions, we find that a depreciating real exchange rate, an increasing spread in natural gas prices between the...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

This paper uses a novel variant of identification through hetroscedacity to estimate spillovers across U.S., Euro area, Japanese, and UK government bond and equity markets in a vector autoregression. The results suggest that U.S. financial shocks reverberate around the world much more strongly...

Industrie 4.0 und das Internet der Dinge sind international als wichtige Initiativen einer erfolgversprechenden industriellen Zukunft gesetzt: Wer macht das Geschäft mit den Daten aus der digitalen Fabrik? Deutschland hat die "Plattform Industrie 4.0", China "Made in China 2025", die USA das...

This book offers an in-depth exploration of the international phenomenon of enlightened paternalist capitalism and social engineering in the golden age of capitalism in the United States, United Kingdom, Germany, and France. Erik de Gier shows how utopian socialist, religious, and craft-based...

"Markets run on information. Buyers make decisions by relying on their knowledge of the products available, and sellers decide what to produce based on their understanding of what buyers want. But the distribution of market information has changed, as consumers increasingly turn to sources that...