The paper examines whether there is any trade-off between child labour hours and child schooling outcomes. By drawing on Bangladesh National Child Labour Survey data, we find that children’s work, even in limited amounts, does adversely affect child human capital. This is reflected in reduced...

This paper aims to assess the empirical validity of the overall theoretical framework of other-regarding preferences. We focus on those preference axioms that are common to all the prominent theories of outcome-based other-regarding preferences. This common set of preference axioms leads to a...

Empirical studies have established that franchise extension has positive effects on long-run growth because democratisation leads to greater equality of access to resources. However, in the short-run franchise may lead to a redistribution of resources away from important sectors of an economy....

Perhaps the most unexpected of Frederick Taylor‟s legacies is the alleged influence his ideas had in the Soviet world. This paper explores this contention by examining the introduction of differential piece rates and „scientific‟ norms—both key aspects of the Taylorist and Soviet...

This paper studies how media and the quality of institutions affect government action taken before and after a natural disaster. The key elements in this relationship are the media's role as the provider of information to voters about government action, the quality of democracy that pertains to...

Microeconomic studies have found cash flow to be important for the investment decision and this result is often interpreted as is evidence of adverse selection in credit markets. Using direct survey evidence on banks’ willingness to lend, this research examines the role of credit in the...

Use of public resources for private economic gain is a longstanding, contested political issue. Public resources generate benefits beyond commodity uses, including recreation, environmental and ecological conservation and preservation, and existence and aesthetic values. We analyze this problem...

The Australian economy is currently experiencing a resource boom and policy responses to this boom such as migration and taxation, as well as the broader role of monetary and fiscal policies are the subject of academic as well as public debate. This paper investigates the impact of a resource...

We use a human–subjects experiment to investigate how bargaining outcomes are affected by changes in bargainers’disagreement payoffs. Subjects bargain against changing opponents, with an asymmetric disagreement outcome that varies over plays of the game. Both bargaining parties are informed...

This study departs from the previous literature on purchasing power parity (PPP) by proposing a demand system based methodology for calculating the PPP that takes account of consumer preferences and allows for the substitution effect of price changes. The methodology is applied to provide...