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Reflections on a Hypothesis: Lessons for Policy, Research, and Corporate Practice.
Prof. Christian Ketels - Institute for Strategy and Competitiveness, Harvard Business School and Center for Strategy and Competitiveness, Stockholm School of Economics.
Prior studies suggest that, with elastically supplied inputs, free entry may lead to an inefficiently high number of firms in equilibrium. Under input scarcity, however, the welfare loss from free ent...
The problem of piracy in the Gulf of Aden emerged as a threat to maritime transportation in early 2000 and it became a serious threat to international peace and security before 2010. Though the numbe...
Regional trade agreements (RTAs) are not new, but many commentators agree that their importance in global trade is once again on the rise (Figure 1). As of May 15, 2011, the World Trade Organization (...
The proliferation of regional trade agreements (RTAs) has motivated a significant number of ex post econometric studies investigating their agricultural trade impacts. The general conclusion is that R...
Economies are complex man-made systems where organisms and markets interact according to motivations and principles not entirely understood yet. The increasing dissatisfaction with the postulates of t...
The German banking system came under pressure during the financial crisis, not least due to its significant exposure to toxic assets which originated in the US. In the short run, the stability of the ...
This paper reviews the literature on economic development as it relates to indigenous people in the United States and Canada, and focuses on how institutions affect economic development of reservation...
An orthodox currency board (CB) renders central banking redundant for interest and exchange rate determination. Thereby, monetary policy is de facto outsourced. Foreign direct investment (FDI) in bank...
This Article consists of an introductory essay and an edited transcript of an unusual panel discussion on implications of the financial crisis. A panel of experts composed of prominent corporate and b...
We review the potential contributions of environmental and resource economics (ERE) to the achievement of sustainable development in developing countries; and highlight the limitations associated with...
Railway reform in the past decade has seen the introduction of mandated third party access to track in a number of jurisdictions. This article argues that third party access changes the property right...
To identify factors associated with small group employer participation in New Mexico's State Coverage Insurance (SCI) program. Telephone surveys of employers participating in SCI ( N=269) and small em...
There are two aspects through which an economic policy can influence the econom icsituation –monetary and fiscal. Monetary and fiscal policies have different and sometimes controversial goals to ...

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