“...The incentive of providing protection of intellectual property has been analyzed both for an emerging economy and for a developed economy. The optimal patent...”

“...This article looks at the empirical consequences of introducing endogenous capital depreciation in the standard neoclassical model with quadratic adjustment...”

“...This article presents a unified framework for analyzing two factors that have been independently studied as determinants of unit values in international trade:...”

“...Coordination games represent coordination problems that arise across social science disciplines. Focal points have been found to be an effective way to solve...”

“...Shiller's (2005) prediction of the current global crisis followed from two key observations: (i) the recent housing booms in the United States and other...”

“...Public debts capitalize into property prices. Thus, they are a burden to the present generation who owns the devalued property. This largely neglected fact has...”

“...Work on the impact of U.S. monetary policy on emerging financial markets mostly focuses on official target rate announcements; empirical evidence using data on...”

“...The experience effect in asset markets is one that was thought to be settled. As subjects gained experience with the interface and each other, they typically...”

“...How is long run economic growth related to the endogenous diversity of knowledge? We formulate and study a microeconomic model of knowledge creation, through...”