This paper presents a simple classroom experiment for first-year university students of introductory economics, about participation in a competitive labour market. The students are designated as workers and the lecturer/tutor represents the numerous employers in this experiment. The experiment...

Time series analyses generally rely on having a relatively high frequency of consistent and reliable data to work with. However for many of the South Pacific Island Nations (SPINS), data on major macroeconomic series, like GDP, are typically available only annually from the early 1980s. This...

This study analyses long-run level relationships between total factor productivity (TFP) and a set of variables (the degree of openness of an economy, the different roles of government, and human capital) that are hypothesised as the major factors that drive TFP in the High-Performing Asian...

Colombia’s economy has experienced positive growth over the past few years despite the incidence of serious armed conflict in the region. However, the Colombia of today still faces a significant degree of sociopolitical instability as a result of organised crime associated with drug...

This paper uses hierarchical cluster analysis to examine the degree of economic integration among member countries of the Association of Southeast Asian Nations (ASEAN), and Japan, China and the Republic of Korea during three time periods: 1969-1984, 1985-1994 and 1995-2009. The results indicate...

Time series analyses generally rely on having a relatively high frequency of consistent and reliable data to work with. However for many South Pacific Island Nations (SPINs), data on macroeconomic series, like GDP, are typically available only annually from the 1980s onwards. This paper...

We provide an overview of the workings of the National Science Foundation and the proposal review process, as well as some guidance in writing proposals for funding.

In this paper we derive conditions under which optimal tax rates for addictive goods exceed tax rates for non-addictive consumption goods in an environment where exogenous government spending cannot be nanced with lump sum taxes. Standard static models that consider revenue raising and...