This paper examines the extent of state dependence in unemployment and the role played in this by intervening low-wage employment. A range of dynamic random and fixed effects estimators are compared. Low-wage employment is found to have almost as large an adverse effect as unemployment on future...

Mark Stewart is professor of civil engineering and director of the Centre for Infrastructure Performance and Reliability at University of Newcastle, Australia. He is currently a visiting scholar at the Mershon Center for International Security Studies. In his presentation, Stewart will discuss...

This paper describes the simulation of a nearest neighbour searching algorithm for document retrieval using a pool of microprocessors. The documents in a database are organised in a multi‐dimensional binary search tree, and the algorithm identifies the nearest neighbour for a query by a...

A semi-nonparametric estimator is presented for a series of generalized models that nest the ordered probit model and thereby relax the distributional assumptions in that model. A new Stata command for the estimation of such models is presented. The approach is illustrated using examples.

In recent times a number of countries initiated some important tax reforms to eliminate the distortions of double taxation. In this context, Australia adopted a dividend imputation system in 1987, while the US employed the 1986 Tax Reform Act (TRA). The analysis examines the effect on the level...