We measure the association between perceived job insecurity and job satisfaction in the United States and focus on public sector union workers. Job satisfaction decreases with perceived job insecurity among union workers in the public sector and primarily when tenure with an employer is high.

Job security, often measured using the perceived risk of job loss in the near future, is a significant determinant of job satisfaction. We posit that the impact job security has on job satisfaction is not only a function of how likely it is that a worker loses a job but also how likely it is...

We examine the accuracy of Blue Chip forecasts of short- and long-term interest rates and country risk premiums for the Eurozone and six other industrial countries for 1999-2008. In so doing, we utilize comparable random walk forecasts as benchmarks. Consistent with the efficient market...

Using a sample of 70 emerging market and developing countries, we examine the political and economic factors which affect the government's decision to liberalize the domestic equity markets. We document that the levels of industrialization and financial development, the quality of investor...

This paper examines fungibility as a possible explanation for the "missing link" between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....

The primary objective of this study is to asses the impact of agricultural foreign aid on agricultural output in developing countries. In order to examine this effect, we will employ a cross-section time-series econometric model where we employ annual data from 1974 through 2005 for 112...

The Survey of Consumers probes consumer sentiment on personal finances, business conditions and buying conditions. We focus on the latter category by examining the surveys question ‘Generally speaking, do you think now is a good time or a bad time to buy a house?’ and the follow-up question...