Data from nine transition economies in Central and Eastern Europe are used to examine the role of computer adoption for returns to education. As in western economies, computers are adopted most heavily by young, educated, English-speaking workers with the best access to local telecommunications...

Consumer payments in the United States gradually have been shifting away from paper checks for the past several years. Cash use has declined as well, although at a much slower pace. As the number of check payments has decreased, those payments have been replaced with electronic and card...

Purpose - The purpose of the study is to analyze when - while predicting the future price of a financial instrument - we should stop computations and start using this information for the actual investment. Design/methodology/approach - We derive the explicit formulas explaining how the resulting...