There is increasing recognition that corruption has an adverse influence on growth as it distorts both market economy and democracy. However, the existing literature has failed to address countries' characteristics as far as the process of sample selection is concerned. This paper empirically...

This study investigates the relationship between cultural diversity, political violence and public expenditures. Using a cross-section of cultural diversity indices, it is empirically examined whether cultural diversity caused or intensified political violence in the 1980s and 1990s. It is found...

This article investigates the role of financial market development on business cycle volatility in the economy of Korea, using time-series data for the period 1967 to 2010. The financial market development and business cycle volatility are measured by three different variables of financial...

Purpose – The purpose of this paper is to estimate the impacts of women's education on the mean age of women at first birth (denoting the timing of fertility) and total fertility rate (TFR, denoting the level of fertility) using cross-country panel data. Design/methodology/approach – The...