We introduce a methodology for establishing a connection between two nodes of a broadband network, that allows for securing sufficient resources at every intermediate node along the selected route, and thereby guarantee Quality of Service. We describe how a Virtual Path (VP) mechanism may be implemented within our framework, and compare the performance achieved by such a scheme with that of a V...

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Demand shocks lower firm financing premiums by increasing the present value of cash-flow, thereby easing constraints. We study effects unanticipated federal spending on investment in United States using a novel panel dataset that combines procurement contracts with key financial firm-level information. Consistent accelerator model, our results suggest 1 dollar purchases increases capital financ...

Public Infrastructure, Location of Private Schools and Primary School Attainment in an Emerging Economy The paper argues that access to public infrastructure plays a crucial role on the presence of private schools in a community, as it could not only minimise the cost of production, but also ensure a high return to private investment. Results using community, school and child/household-level PR...

The paper presents a comprehensive survey of the ‘shopping list’ of sources of external finance that are directly channelled to the business sector of developing countries. Generally, our analytical survey covers the 1970-2000 period, and includes the distribution of foreign resources classified according to the different income-based and geographical breakdown of developing countries. We exami...