The theory of human capital postulates that earnings of different categories of workers, be they male or female, black or white, unionised or non-unionised depend on the level of human capital endowment of these individuals [Becker (1964) and Mineer (1974)]. Besides educational attainment and...

Wide fluctuations in world prices of food-grains, especially rice and wheat, in the seventies and the early eighties forced many developing countries to strive for self-sufficiency in food-grain production. Pakistan is among the countries where near self-sufficiency was achieved in wheat in the...

This paper analyses the impact of internal migration on earnings within the human capital model framework. Since migrants constitute a non-random sample of population, the endogenous nature of migration decision warrants necessary correction for the selectivity bias in their earnings function....

Why do factors of production, especially the labour, migrate from one region or sector to another? This question, which remains fundamental to economic and human resource development, has been a major topic among researchers. While considerable progress has been made in developing a theoretical...

Information on wage levels is essential in evaluating the living standards and conditions of work and life of the workers. Since nominal wage fails to explain the purchasing power of employees, real wage is considered as a major indicator of employees purchasing power and can be used as proxy...

Econometric models are generally constructed for a specific country on the assumption that national economies are independent. In reality, this is not the case. In this paper, we have constructed prototype linkage econometric models for Pakistan, India, Bangladesh and Sri Lanka. These models are...

While there are a number of issues in economics which are frequently scrutinized, the most important of them probably is the determination of a stable money demand function. Other issues in this regard relate to the choice between (i) broad vs narrow definition of money; (ii) measured...

The study explores the dynamics of moonlighting, demographics, human capital and association of occupations between primary and secondary job. The paper is based on cross-section data Labour Force Survey 2006-07 and limited to male wage workers residing in urban areas. Among two motives...