This paper is a Monte-Carlo study of the small sample power of six tests of a normality hypotheses when the alternative is an alpha-stable distribution with param- eter values similar to those estimated for monthly total returns on equity indices. In these circumstances a sample size of 2oo is...

In most of the empirical literature on land titling, the household is regarded as unitary, and land rights are found to have ambiguous effects on land allocation, investment and productivity. Using data from 12 provinces in Vietnam, we diversify land titles, and show in a household fixed effects...

This book provides the first systematic, integrated, analytical account of the evolution of the international economy during the last millennium.It emphasizes the two-way interaction between trade and geopolitics, and the importance of such interactions for world economic development.

This paper takes a fresh look at the estimation of economic base multipliers. It uses recent developments in both nonstationary and nonlinear inference to consider issues surrounding the derivation of such multipliers for Northern Ireland. It highlights the problem of distinguishing between...

If women have different economic preferences than men, then female economic and political empowerment is likely to change policy and household decisions, and in turn macroeconomic outcomes. We test the hypothesis that female enfranchisement leads to lower government budget deficits due gender...