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Inflation Targeting In Emerging Markets: The Global Experience

by John B. Taylorvia Analysis
Friday, December 19, 2014

Working Group on Economic Policy: WP14112 - This paper examines the Federal Reserve’s recent policy of quantitative easing by looking back at the experience of the 1930s and 1940s when the Fed, under Treasury control, kept interest rates at levels comparable to today and its balance sheet increased similarly.

Requirements for Policy Rules for the Fed

by John B. Taylorvia Analysis
Friday, December 19, 2014

Working Group on Economic Policy: WP14111 -This testimony reviews my analysis and evaluation of the legislation, “Requirements for Policy Rules for the Federal Open Market Committee” (Section 2 of The Federal Reserve Accountability and Transparency Act). 

Interest Rates

Exiting from Low Interest Rates to Normality: An Historical Perspective

by Michael D. Bordovia Analysis
Sunday, November 30, 2014

Working Group on Economic Policy: WP14110 - This paper examines the Federal Reserve’s recent policy of quantitative easing by looking back at the experience of the 1930s and 1940s when the Fed, under Treasury control, kept interest rates at levels comparable to today and its balance sheet increased similarly.

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Patents and the Global Diffusion of New Drugs

by Iain Cockburn, Jean O. Lanjouw, Mark Schankermanvia IP2 Working Paper Series
Monday, September 29, 2014

This paper studies how patent rights and price regulation affect how fast new drugs are launched in different countries, using newly constructed data on launches of 642 new drugs in 76 countries for the period 1983-2002 and information on the duration and content of patent and price control regimes.

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Patents and the Global Diffusion of New Drugs

by Iain Cockburn, Jean O. Lanjouw, Mark Schankermanvia IP2 Working Paper Series
Monday, September 29, 2014

IP² Working Paper No. 14013 - This paper studies how patent rights and price regulation affect how fast new drugs are launched in different countries, using newly constructed data on launches of 642 new drugs in 76 countries for the period 1983-2002 and information on the duration and content of patent and price control regimes.

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Corporate Cybersecurity Realism: Managing Trade Secrets in a World Where Breaches Occur

by John Villasenorvia IP2 Working Paper Series
Thursday, August 21, 2014

IP² Working Paper No. 14012 - Cybersecurity intrusions aimed at extracting trade secrets are an unfortunate feature of the 21st century business landscape. In response, many companies have made cybersecurity a top priority, and their networks and systems have become much more secure as a result.

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Patent Holdup: Do Patent Holders Holdup Innovation?

by Stephen Haber, Ross Levinevia IP2 Working Paper Series
Wednesday, May 7, 2014

IP² Working Paper No. 14011 - President Obama and Congress have recommended major patent reforms based on the belief that the patent system allows patent holders to holdup the commercialization of complex technologies.

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O'Reilly v. Morse

by Adam Mossoffvia IP2 Working Paper Series
Monday, April 28, 2014

IP² Working Paper No. 14010 - Chief Justice Roger Taney’s 1854 decision in O’Reilly v. Morse is a famous patent case today. Scholars and judges dispute what legal rule it best represents, but everyone agrees that it was correctly decided: In voiding Claim 8 of Samuel Morse’s patent on the telegraph, Chief Justice Taney reined in a self-aggrandizing inventor who improperly tried to claim control over virtually all telecommunication technologies.

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Patents are the Foundation of the Market for Inventions

by Daniel F. Spulbervia IP2 Working Paper Series
Monday, April 21, 2014

IP² Working Paper No. 14009 - The paper develops a comprehensive framework demonstrating that patents provide the foundation for the market for inventions.

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Understanding the Realities of Modern Patent Litigation

by John R. Allison, Mark A. Lemley, David L. Schwartzvia IP2 Working Paper Series
Wednesday, April 16, 2014

IP² Working Paper No. 14008 - Sixteen years ago, two of us published the first detailed empirical look at patent litigation. That study provided a wealth of valuable information about patent validity litigation, including the discovery that nearly half of all patents litigated to judgment were held invalid. 

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