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"This study examines the effect of changes in the vintage distribution of cardiovascular system drugs on hospitalization and mortality due to cardiovascular disease using longitudinal country-level data. The vintage of a drug is the first year in which it was marketed anywhere in the world. We...
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modern art, but it is unlikely that a large number of places will join New York and London as centers of artistic innovation …
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"Non-representational painting was one of the most radical artistic innovations of the twentieth century. Abstract painting was created independently by three great pioneers - the experimental innovators Kandinsky and Mondrian, and the conceptual Malevich - virtually simultaneously, in the years...
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"The paper examines the size and productivity of total intangible capital relative to total tangible capital for a large panel of Italian Manufacturing firms. In the analysis, we decompose total intangibles in two different ways: in intangibles expensed in firms' current accounts (as usually...
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"What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing ground for this question: freight rates fell on average by 50% while global trade increased 400% from 1870 to 1913. We estimate the first indices of bilateral freight rates for...
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