We sought to examine how different activities performed during employment gaps are associated with later cognitive function and change. Five cognitive measures were used to indicate cognitive impairment of 18,259 respondents to the Survey of Health, Ageing, and Retirement in Europe (ages...

Excessive fiscal spending is commonly cited as a primary cause of the current European sovereign debt crisis. We develop an alternative hypothesis which better accounts for systemic differences towards EMU countries’ exposure to market speculation: the rise of competitiveness imbalances which...

Mega-events such as the Olympic Games tend to be accompanied by copious media coverage of the negative social impacts of these events, and people in the affected areas are often thought to share similar experiences. The research in this paper, which focused on the Beijing Summer Olympic Games of...

We use a mechanism–design approach to study a team whose members choose a joint project and exert individual efforts to execute it. Members have private information about the qualities of alternative projects. Information sharing is obstructed by a trade–off between adaptation and...

Innovation processes within corporations increasingly tap into international technology sources, yet little is known about the relative contribution of different types of innovation channels. We investigate the effectiveness of different types of international technology sourcing activities...

We look into the available macroeconomic figures and the predictions made about the recession in Greece by international organizations, Greek research centers, and the Greek government; and suggest that the predictions regarding the decline in real GDP in recent years were overly optimistic. The...

Obesity has risen dramatically at the same time as globalization has surged, which poses the question of whether the two are related. In this paper we analyze whether empirical evidence confirms the association between the different types of globalization (economic, political or social) and...

This paper develops a theory of the opening and dynamic development of a futures market with competing exchanges. The optimal contract design involves a trade-o¤ between the hedging potential of a contract and it's degree of substitution with competing contracts. As design costs go down slowly,...

We use highly disaggregated firm-level export data from Costa Rica, Ecuador, and Uruguay over the period 2005-2008 to provide a precise characterization of firms' export margins, across products, destination countries, and crucially customers. We show that a firm's number of buyers and the...