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The great recession of 2008 - 2009: Causes, consequences and policy responses

Verick, Sher; Islam, Iyanatul - 2010

US to the worst recession the world has witnessed for over six decades. Through an in-depth review of the crisis in terms … suggested, while at the same time the majority of the world's poor had benefited insufficiently from stronger economic growth …, global imbalances, misperception of risk and lax financial regulation. Thirdly, beyond the aggregate picture of economic …

Persistent link: https://www.econbiz.de/10010269861

Stages of the Ongoing Global Financial Crisis: Is There a Wandering Asset Bubble?

Orlowski, Lucjan T. - 2008

This study argues that the severity of the current global financial crisis is strongly influenced by changeable allocations of the global savings. This process is named a "wandering asset bubble". Since its original outbreak induced by the demise of the subprime mortgage market and the...

Persistent link: https://www.econbiz.de/10010269915

Global climate change and the resurgence of tropical disease: An economic approach

Gollin, Douglas; Zimmermann, Christian - 2010

We study the impact of global climate change on the prevalence of tropical diseases using a heterogeneous agent dynamic general equilibrium model. In our framework, households can take actions (e.g., purchasing bednets or other goods) that provide partial protection from disease. However, these...

Persistent link: https://www.econbiz.de/10010269933

School competition and students' entrepreneurial intentions: International evidence using historical Catholic roots of private schooling

Falck, Oliver; Woessmann, Ludger - 2010

School choice research mostly focuses on academic outcomes. Policymakers increasingly view entrepreneurial traits as a non-cognitive outcome important for economic growth. We use international PISA-2006 student-level data to estimate the effect of private-school competition on students'...

Persistent link: https://www.econbiz.de/10010269939

Effectiveness of Competition Law: A Panel Data Analysis

Kronthaler, Franz - 2007

The paper explores what macroeconomic factors can tell us about the effectiveness of recently enacted national competition laws. Qualitative evidence suggests that numerous countries fall short in implementing competition law. Furthermore, there seems to be significant differences between...

Persistent link: https://www.econbiz.de/10010269962

Success in pharmaceutical research: The changing role of scale and scope economies, spillovers and competition

Plotnikova, Tatiana - 2010

This paper investigates the determinants of success in the development of new drugs. In specific, it explores the factors of success in drug development programs at different stages of innovation process. We use economies of scale, scope, R&D competition and technological spillovers as...

Persistent link: https://www.econbiz.de/10010270028

Productivity and heterogeneous knowledge: Exploring the relationship in a sample of drug developers

Bottazzi, Giulio; Plotnikova, Tatiana - 2010

This paper aims to investigate the effect of knowledge characteristics on the total factor productivity of firms developing drugs in the pharmaceutical industry. We decompose knowledge into knowledge associated with the technological firm portfolio and knowledge related to R&D projects, which...

Persistent link: https://www.econbiz.de/10010270030

The G20 proposal on IMF governance: Is there progress?

Menkhoff, Lukas; Meyer, Reeno - 2010

The G20 summits in 2009 have proposed major changes in governance of the International Monetary Fund (IMF). Most important seems to be the acknowledgment that the IMF in its current form lacks legitimacy and ownership. Accordingly, the G20 suggests a reallocation of voting shares to emerging and...

Persistent link: https://www.econbiz.de/10010270054

Religiosity and personal well-being: People can be happy with or without religion

Opfinger, Matthias - 2010

use information from the World Values Survey about subjective happiness and life satisfaction. We relate this information …

Persistent link: https://www.econbiz.de/10010270058

Mobile termination carrier selection

Kruse, Jörn - 2008

Persistent link: https://www.econbiz.de/10010270378