We model growth in dictatorships facing each period an endogenous probaibility of "political catastrophe" that would extinguish the regime's wealth ability. Domestic capital exhibits a bifurcation point determining economic growth or shrinkage. With low initial domestic capital the dictator...

The internet is often anticipated to have disruptive competitive impacts, causing upstart firms to overthrow incumbent market leaders. This paper uses the UK IT consulting industry as a test case to see whether such competitive impacts of the internet might already be occurring. Comparable...

We examine convergence behavior in simple bimatrix games. We classify possible types of simple games, pick interesting examples of each type, and summarize convergence behavior under various information and player matching protocols.

We analyze the Spence education game in experimental markets. We compare a signaling and a screening variant, and we analyze the e¤ect of increasing the number of employers from two to three. In all treatments, there is a strong tendency to separate. More e¢cient workers invest more often and...

This paper uses a model of human capital accumulation, labour market distortions, wordof-mouth communication, and community formation to analyse socio-economic stratification, educational choices and intergenerational social mobility. Workers obtain information about job opportunities from...

Wages in Australia have long been set by government tribunals. Although the system may create microeconomic inefficiency, it also may facilitate incomes policies, such as the 10 percent wage cut in 1931. This paper uses records from early to mid-career employees of the Union Bank of Australia to...

We present a detailed, high-frequency data set on the civil conflict in Colombia during the period 1988-2002. We briefly introduce the Colombian case and the methodological issues that hinder data collection in civil wars, before presenting the pattern over time of conflict actions and intensity...

We analyze the relationship between senate malapportionment and the allocation of the US federal budget to the states during the period 1978-2002. A substantial literature originating from the influential paper by Atlas et al. (1995) finds that small and overrepresented states get significantly...

The decision to request a preliminary injunction-a court order that bans a party from certain behavior until its lawfulness is ascertained in a final court ruling at trial-is an important litigation instrument in many areas of the law including antitrust, copyright, patents, trademarks,...

Empirical Mode Decomposition, an adaptive data-driven technique which can be used to extract non-stationary signals buried in noise, seldom admits theoretical calculation of the statistical properties of the extracted signals. Instead, numerical experiments are required. In this paper we use...