Aphorisms that “rising tides raise all boats” or that material advances of the rich eventually “trickle down” to the poor are really maxims regarding the nature of stochastic processes that underlay the income/wellbeing paths of groups of individuals. This paper looks at the implications...

The Master of Business Administration (MBA) degree is generally regarded as the principal postgraduate qualification in business. This article describes the process by which a business school reviewed and redesigned its MBA programme. The main changes were increased attention to information...

Poverty measurement and the analysis of the progress (or otherwise) of the poor, whether it is societies, families or individuals, is beset with difficulties and controversies surrounding the definition of a poverty line or frontier. Here, borrowing ideas from the mixture model literature, a new...

This paper examines the determinants of city growth in China. Evidence is provided that economic reforms played an important role in accelerating urban growth. The relative magnitude of the state sector has a negative impact on city growth and the city's openness to foreign direct investment has...

This paper develops methodology for nonparametric estimation of a measure of the overlap of two distributions based on kernel estimation techniques. This quantity has been proposed as a measure of economic polarization between two groups, Anderson (2004) and Anderson et al. (2010). In ecology...