This paper analyzes how property rights affect the allocation of firms’ available resources among different types of assets. In particular, we investigate empirically for a large number of countries whether firms in environments with more secure property rights allocate available resources more towards intangible assets and consequentially grow faster. We find that improved asset allocation due...

This paper concerns a propagation mechanism in an economy where many individuals follow a threshold rule and interact with a positive feedback. We derive an asymptotic distribution of the propagation size when the number of the agents tends to infinity. The propagation distribution exhibits a slower convergence to a deterministic value than it would if the agents followed a smooth adjustment po...

More than 20 years after the first International Conference on Nutrition (ICN), the second ICN (ICN2) cannot use a “business as usual” approach. The world has profoundly changed and nutrition has profoundly changed, as nutrition is now recognized as being multi-sectoral, multi-level, multi-stakeholder and multi-disciplinary. There is demand from countries for practical tools, guidelines, and sh...

The US Global Change Research Program has initiated a National Assessment of potential impacts from climate change. This paper summarizes the National Assessment process, and the Mid-Atlantic Regional Assessment (MARA) as an example of how the process is being implemented. At the national level, 5 sectoral working groups are assessing impacts on agriculture, forests, freshwater resources, coast...

Clinically the presence of nerve fibre bundle defects in glaucoma and non-glaucomatous lesions, and altitudinal or vertical hemianopias in pre-chiasmal lesions has been known for a long time. These suggest a sectoral lesion in the optic nerve or retina. In the majority of such cases, no retinal lesion is seen to account for these visual field defects. It has been presumed that the lesion lies i...