In 2001, China's entry into the World Trade Organization (WTO) and the US recession put pressure on maquiladora workers' wages. The result was an increase in the gender wage gap. At the firm level, this increase is not discriminatory, in the sense that the lower income entitlement for women is...

The High-Performing Asian Economies (HPAEs) have been unusually successful compared to large parts of Asia (including India), Africa and Latin America at matching high growth rates with significantly declining income inequalities. This paper looks at India and the HPAEs from a human capital...

This paper analyses two main features of the financialisation period, namely: 1) the replacement of the 'originate and hold' banking model with the 'originate and distribute' banking model; 2) the securitisation process of structured finance products. These features have produced remarkable...

This paper argues that a hierarchy of ideals exists in market interactions that sets the benchmark on the norm of fairness associated with these interactions, thus affecting pricing decisions associated with market exchange. As norms emerge, an ideal determines the criteria of optimal behavior...

Based upon unique survey data collected using respondent driven sampling methods, we investigate whether there is a gender pay gap among social entrepreneurs in the UK. We find that women as social entrepreneurs earn 29% less than their male colleagues, above the average UK gender pay gap of...

Based upon unique survey data collected using respondent driven sampling methods, we investigate whether there is a gender pay gap among social entrepreneurs in the UK. We find that women as social entrepreneurs earn 29% less than their male colleagues, above the average UK gender pay gap of...

In this paper, we present evidence on empirical connections between crime and education, using various data sources from Britain. A robust finding is that criminal activity is negatively associated with higher levels of education. However, it is essential to ensure that the direction of...