Extensive multilingualism is one of the most important and fundamental principles of the European Union (EU). However, a large number of languages (currently 23) hinders communication and imposes substantial financial and legal costs. On the other hand, the reduction of the number of languages...

Museum passes which give visitors access to several museums, are becoming more and more frequent. One of the problems encountered is the sharing of the proceeds. We recommend a fair and easily implementable sharing rule that takes into account the relative contribution of each individual museum...

We show that Baumol's conclusion that returns on bonds are higher than returns on paintings is too pessimistic. There are segments in the market for which returns are significantly higher than returns on bonds and stocks, during long periods of time (20 to 40 years); since tastes do change...

We provide a unified discussion of the relations among flows of workers, changes in employment and changes in the number of jobs at the level of the firm. Using the only available set of data (a nationally representative sample of Dutch firms in 1988 and 1990) we discover that: 1) Nearly half of...

Little is known about the search strategy that employers use in their efforts to fill job vacancies. In this article, the authors analyze unique micro data to study this search strategy. They conclude that almost all vacancies are filled from a pool of applicants that is formed shortly after the...