Books in the Contributions to Economics series

The main objective of this book is to develop a strategy and policy measures to enhance the formalization of the shadow economy in order to improve the competitiveness of the economy and contribute to economic growth;

New developments in assessing and managing risk are discussed in this volume. Among the subjects treated are important issues such as: risk measures and allocation of risks, factor modeling, risk premia in the hedge funds industry and credit risk management.

Few would doubt the potential of information technology to connect individuals, firms and organisations. These include frameworks for regulation, inclusion of customers in defining product and service strategies, access to advanced technology and networks for all groups, and more.

This book considers the issue of exchange rate policymaking from a political economy perspective. Empirical analysis is based on a panel survey of 47 countries and thereby provides insights on how political and institutional conditions typically affect exchange rate policy.

Today, economic growth depends more than in the past on sound and well-organized firms, which means more innovation, a better educated labor force, higher likelihood of access to financial resources and efficient investments.

I am institutionally indebted to the University of Konstanz, notably its Faculty of Economics and Statistics, for continuous provision of an excellent research environment, and to the Deutsche Forschungsgemeinschaft in Bonn for generous sponsorship of the former SFB, whose financial support dur ing that period is gratefully acknowledged.

The present volume contains the proceedings of an international conference on the economic history of the seaports of Antwerp and Rotterdam (1870-2000).

While the experimental approach sheds new light on the microeconomic standard topics of bargaining and cooperation, the election market approach as a new field may provide better forecasts for political elections - and for soccer World Championships.

This book analyzes the consequences that would arise if Germany's means-tested unemployment benefits were replaced with an unconditional basic income.

2 Financial market imperfections, investment and cycles 9 2. 2 Agency costs and macroeconomic fluctuations 15 2. 3 Financial market imperfections and corporate capital structure 24 2. 2 Agency costs and capital structure choice 30 2.

Thus, I would like to mention some of my most heavily used software tools in order to let you, the reader, know that nowadays you don't depend on big commercial software packages any more.

New developments in assessing and managing risk are discussed in this volume. Among the subjects treated are important issues such as: risk measures and allocation of risks, factor modeling, risk premia in the hedge funds industry and credit risk management.

Illegal immigration is a problem to not only a labor importing country but also to a labor exporting country, since the implementation of strict immigration policies, i.e., border patrol and employer sanctions, affects both economies.

Combines theoretical, institutional and empirical analyses' to form a comprehensive framework for evaluating financial sustainability and distributional effects of the pension systems implemented in Germany and the United Kingdom.

The economic determinants of equilibrium employment covered by the analysis of the book are: New forms of work organization, changes in the skill structure of the labor force, market power of key factors for organization, expectations of investors and international capital movements.

Across a line drawn from New York to Los Angeles, the level of cconomi

Italian industrial districts (IDs) recently attracted international attention because their performance during the last few decades contradicted the alleged weakness of industrial structures based on SMEs in "traditional" sectors.