Nature or nurture: why do railroads carry greater freight share in the United States than in Europe?
During the 1950s, the share of freight carried by railroads was similar and declining in both the United States and Europe.
Research
Understanding the patchwork quilt of electricity restructuring in the United States
Galbraith and Vietnam: An Adviser Who Told Kennedy the Truth
A Tale of Two Sectors: Diverging Paths in Taiwan’s Automotive Industry
Global Taiwan examines the impact of globalization on the industry and economy of Taiwan since the spectacular growth of the 1990s.
Kin Groups and Reciprocity: A Model of Credit Transactions in Ghana
This paper studies kinship band networks as capital market institutions. Membership in a community where individuals are dynastically linked has two effects on informal credit.
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