Abstract The rise in inequality in the US over the last few decades has been well documented. However, the effects of inequality on polarization and middle class in particular are less well studied and understood. We employ Relative Distribution tools (Handcock and Morris, 1998) on the well...

The credit crises experienced in the US in year 2008 is labeled as perhaps the most significant crises since the great depression. The roots of the crises were found in the default of the sub-prime mortgages and the failure occurred in both the US and the UK. Due to the integrated nature of...

Analyses of the economic effects of the introduction of the public pension system on older men in the US have been hamstrung by difficulties generating reliable estimates of historical labor-force participation rates using data from early US censuses that only asked respondents about their...

In the beginning of the 1890s, counties located in the Cotton Belt of the American South were hit by an agricultural plague, the boll weevil, that adversely affected cotton production and hence the demand for labor. We use variation in the incidence of the boll weevil multiplied with counties’...

In the beginning of the 1890s, counties located in the Cotton Belt of the American South were hit by an agricultural plague, the boll weevil, that adversely affected cotton production and hence the demand for labor. We use variation in the incidence of the boll weevil multiplied with counties’...

In the beginning of the 1890s, counties located in the Cotton Belt of the American South were hit by an agricultural plague, the boll weevil, that adversely affected cotton production and hence the demand for labor. We use variation in the incidence of the boll weevil multiplied with counties’...

From ancient times to the modern world, "The Shortest History of Economics" (published in the United States as "How Economics Explains the World") discusses the hidden economic forces behind war, innovation and social transformation. It traces how capitalism and the market system emerged, and...

We develop an endogenous fertility model of social stratification with two hereditary classes: a warrior elite and a peasantry. Our model shows that the extra cost warriors must incur to raise their children and to equip them for war is the key determinant of (1) the relative sizes of both...

Research and Science Today Journal is a publication founded in 2011 and it is dedicated to the students of all levels (license, master and doctoral) of faculties in the country and abroad. We want to offer the participants the opportunity to present their scientific works in the following areas:...

More often than not, the State did not acknowledge the matrimonial norms as settled by the Church. This relation seems to have altered towards the end of the 19th century, when the State succeeded in imposing on the Church the respect for the general civil framework. Yet, the change was not...