It is typically found that the labour force participation of women is negatively affected by the presence of young children. This paper focuses on the causality, in the sense of Granger's definition, between the participation of mothers of young children and childcare provision. It is found that...

Recent panel data is used to reconsider the determinants of interstate differences in the ratio of insured to total unemployment. It is concluded that previous research on the influence of replacement rates, duration of jobless spells and female labour force participation is robust, but it is...

This paper discusses the reliability of using a Granger causality test to find an engine of growth. The paper first focuses on growth models' cointegration implications since causality must exist in an error-correction model. As a complementary, Monte Carlo experiments with independently...

The New IS and Phillips curves state that output and inflation are purely forward-looking but this theory is conflicting with the empirical results. This note analyses how some augmented version of those curves, called hybrid IS and Phillips curves are more consistent with the data properties.

The effects of international trade have been studied primarily from the perspective of a nation, often overlooking the more direct effects that occur on a regional or state level. Studies have illustrated the relationship between international trade and openness to the size of a nation's...

The use of capital controls in mainland China has meant that shares in listed PRC state enterprises - traded in either Shenzhen or Shanghai - have been broadly separated into 'A' and 'B' share categories. 'A' shares are traded in Chinese RenMinBi and are restricted to trades between indigenous...

This paper presents an empirical analysis of the aggregated import demand behaviour for Malaysia. The study involved a small sample of annual data from 1970 to 1998. To estimate the long-term relationship between import demand, and its determinants, namely income and relative prices, a robust...

Duality theory is utilized to develop a translog profit function (TPF) which includes one output (hog), three variable inputs (labour, fodder, and piglet), four fixed inputs (capital, farm size, location, and pollution cost). Based on the trade theory for small country, the factors of corn and...

This paper studies the efficient market hypothesis using four New Zealand Stock Exchange indexes (NZSE 10, NZSE 30, NZSE 40, and NZSE SC) within the random walk, cointegration and Granger causality test framework. The test results have shown that the small-firm stock market is semistrong form...

The paper attempts to shed some light on the role of information and communication technologies (ICT) in industry convergence in the European Union. In particular, whether it has improved the convergence process of the less developed countries within the European Union. While ICTs may play a...