Using data from the National Longitudinal Survey of Youth (1993), this study analyses the effects of physical attributes, namely, height and weight, on the wages of males and females in professional and blue-collar occupations. A parallel theme of analysis is whether physical attributes have any...

In the two-person dictator game, player A (allocator) chooses how to split a given sum of money with player B (recipient). Player B has no power in terms of either accepting or rejecting payer A's offer. This paper investigates the gender dynamics within the four possible dyads in a modified...

Developing economies often impose restrictions on foreign direct investment (FDI). In recent years many developing economies liberalize external trade as well as FDI inflows. The economists have neglected the importance of government policies on economic performance until recently. This paper...

The paper tests four hypotheses at the same time using an autoregressive return-generating process and an asymmetric conditional variance specification, both also including deterministic day of the week dummies. The daily stock index returns from 19 countries are employed to test: (H1)...

Shocks to the international economy that occurred around 1973 may have altered the rate of convergence of national income across countries. Markov chains are used to examine whether the rate of convergence of national income was different pre- to post-1973 for a cross-section of 104 countries...

A linear relationship exists between interim disclosures submitted to the Helsinki Exchanges and their determinants over the period 1985-1993. A non-linear model better explains the relationship. This finding has implications for the design of other disclosure index studies.

Volatility changes before and after a major event cannot be effectively modelled without considering the impact of other events during the sample period. This paper reexamines the impact of settlement time changes on the volatility change in the Shanghai and Shenzhen Stock Exchange by Li et al....

The effects of economic reforms on wage inequality in China are investigated. The results, based on a sample of workers who joined the labour force during the reform period, show that economic reforms have increased wage inequality and over 90 percent of the wage differential is attributable to...

In this paper the behaviour of various non-nested hypothesis testing procedures are studied, namely the J and JA tests and the same bootstrap-adjusted tests, using graphical methods. These methods are the P value plot, the P value discrepancy plot and the size-power graph. The size and power of...

Developing countries in South Asia and elsewhere are frequently ravaged by floods. An important part of most flood management programmes is the provision of safe drinking water (SDW) to prevent the spread of diseases. How should a government agency that is interested in distributing SDW to flood...