1. What impact does a country's level of IPO activity have on its venture capital funding? How does this compare to the impact of labor market rigitidies?
2. What are the two major theories used to detect out of control costs?
3. Some politicians and academics have often shown some fascination for the Classical Gold Standard. Briefly explain the premise for this nostalgia. Would you support the yearning for a return to the Gold Standard? Explain your answer.