While there is a vast literature on the effect of unemployment insurance on unemployment duration, in almost all of these studies the replacement ratio is the key explanatory variable. Does not contest the almost universal findings that the higher the ratio of unemployment income to that of...

Discusses the recommendations of the Greenbury Committee on the remuneration of directors in public companies. Specifically comments on the following issues: the establishment, membership and status of remuneration committees in public companies; the determination of remuneration policy for...

Between 1963 and 1971 the number of places available at Government Training Centres (GTCs) increased by over 400 per cent, so that by 1971 there were 52 centres with 11,000 places capable of retraining about 20,000 persons annually. Early in 1972 the Conservative Government announced plans for a...

In recent years Adrian Ziderman has applied the tools of cost‐benefit analysis to the evaluation of government training and his latest paper analyses the regional location of Government Training Centres (GTCs). Although he is kind enough to suggest that his paper was stimulated by an earlier...

The paper builds an argument that international trade can be an explanation behind polarization of employment in the labor market observed in developed countries such as UK and US It considers a small open economy, having production sectors which use three types of labor: high-skill,...

This textbook presents a systematic study of terrorism from the standpoint of economic analysis. Choosing the kind and level of measures to counter terror is, to a large extent, an economic decision, as counterterrorism (CT) measures and their side effects are costly. This text, contains...

Any subsidy plan for supplementing low incomes tends to reduce labor supply, to the extent leisure is not an inferior good, by raising incomes over what they would be from earnings alone. Under a constant or increasing marginal tax rate subsidy plan, this tendency is reinforced by the fact that...