Geely: a trajectory of catching up and asset-seeking multinational growth

Relative Wealth, Status Seeking, and Catching Up

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Innovation and catching-up

Catching Up with Flu

The sniffles, sneezes, aches, and pains of flu are a dreaded part of the winter season. The fear of another deadly pandemic is ever imminent, and this issue’s Select looks at recent efforts to understand this ever-shifting virus. From efforts aiming to predict its geographical spread to those that elucidate the basic viral biology and host response, researchers are looking for new ways to stay ...

Keeping , not catching , up with the Joneses : An international asset pricing model ∗

We derive an international asset pricing model that assumes investors have preferences of the type “keeping up with the Joneses.” In an international setting investors compare their current wealth with that of their peers who live in the same country. Investors value domestic assets because they are more highly correlated with the domestic benchmark. In equilibrium, this gives rise to a multifa...

Catching-up and convergence in a model of technology-gap and cumulative growth