This paper investigates why smaller farms appear to use land more intensively than larger farms in India. Using data from 400 small farms in Gujarat, the authors find the inverse relationship between output per hectare and farm size is explained by regional variations in fertility and labor...

We outline a small model of the Irish labour market and use it to explain what has happened over the last 10 years. We conclude that Irish unemployment problems in the 1980s were due to international demand-side factors, such supply-side factors as taxes and unemployment relief, and...

: The study investigates volatility in the stock markets of India and Canada using daily closing price data for the period from January 2002 to July 2009. Various volatility and diagnostic tests suggest certain stylized facts about volatility like volatility clustering and mean reverting...

Surat is situated at the mouth of the river Tapi where it meets the Arabian Sea and has for centuries been a flood-affected area. The most recent floods however, were different because of the magnitude of their effect. Nearly 90 per cent of the households were affected; six of the seven wards of...

During the 1980s the OECD countries experienced divergent trends in taxation. In some countries governments took to cutting tax rates, especially income tax rates, influenced perhaps by the supply-side economists. In other countries, tax rates continued to rise as had generally been the case...

We argue that the 1970s were characterized by attempts to maintain a cooperative, low unemployment equilibrium in the face of considerable union power, through use of incomes policies and neo-corporatist machinery. The 1980s saw a shift away from this, towards direct measures to limit union...

This paper estimates the probabilities of occupational choices for a panel of British children as a function of earnings and socioeconomic background variables. Copyright 1990 by Royal Economic Society.

With diminishing returns to the peer group, it is optimal social policy to mix children in schools. We consider what happens when, contrary to the outcome being determined by a social planner, schools and children are free to seek each other out: with some caveats, this leads to perfect...

The paper develops a model in which employment is an enduring rent-sharing relationship. In each period rents are subject to a transient disturbance, and the parties weigh the future stream of benefits against current dis-benefits. The analysis suggests a strong correlation between real interest...

Given recent emphasis on externality to education, macroeconomic studies have a role to play in the analysis of return to schooling. In this paper we study the connection between growth and human capital in a convergence regression for the panel of Italian regions. We include measures of...