While the link among wage, BMI, height and schooling has often been estimated based on US data, this study investigates this relationship using panel data for a developing country - Ethiopia. Controlling for endogeneity of schooling and BMI, our findings indicate that wage is significantly...

It is well-known that income inequality has risen sharply in the US and in other developed countries of late. One obvious economic solution to high and rising inequality, government redistribution, raises philosophical questions regarding ethics or fairness. In Anarchy, State and Utopia, Robert...

This paper investigates surplus-value rates and work time patterns among fulltime workers in five European Union economies - France, Germany, Italy, Spain and the UK - using macroeconomic EUROSTAT data and individual-level data extracted from the 2009 Labour Force Survey. This is considered in...

The ongoing Global Financial Crisis (GFC) has posed a growing challenge to the implementation of monetary stimulus measures in both sovereign (e.g. US, UK, Japan) and non-sovereign (eurozone) economies. With the policy rate close to the zero nominal bound, the UK has relied on quantitative...

Dynamic models of ambiguity aversion are increasingly popular in applied work. This paper shows that there is a strong interdependence in such models between the ambiguity attitude and the preference for the timing of the resolution of uncertainty, as defined by the classic work of Kreps and...

Di erent discrete time triangular arrays representing a noisy signal of players' activities can lead to the same limiting di usion process yet lead to di erent limit equilibria. Whether the limit equilibria are equilibria of the limiting continuous time game depends on the limit properties of...

The most prominent feature of the female labor force across the past hundred years is its enormous growth. But many believe that the increase was discontinuous. Our purpose is to identify the short- and long-run impacts of WWII on the labor supply of women who were currently married in 1950 and...

This article introduces the recently expanded Residential Mortgage Arrears and Repossessions Statistics published by the Central Bank of Ireland. An overview of developments regarding mortgage arrears since 2009 is provided, and the motivation for expanding the data is outlined. New features of...