Although countries and school systems worldwide are emphasizing the importance of science education for technological development and global economic competition, comparative findings from standardized international student assessments point towards a huge gap in science scores between developed...

This paper describes and analyzes outcomes of the first World Values Survey for Malaysia, an upper-middle income country that was not yet included in the four previous Surveys. I look at results for tolerance, interest in democracy and other survey questions, and find that the Malaysian Chinese...

In the Islamic world, Malaysia is a happy outlier: richer and politically more mature than the average of the 58 members of the Organization of the Islamic Conference. That makes it interesting to test theories of modernization for this prosperous Islamic country. In our analysis of the first...

Links between fluctuations in domestic money supplies and subsequent fluctuations in rates of real output have been less visible in Western Europe than in the United States. This paper discusses some of the causes and investigates the stability of the demand for money in West Germany, the...

This paper estimates forecasting models using annual data for the income velocity of money in the G-7 countries. The predictions are conditional upon the realized value of the long-term domestic government bond rate. Such conditional forecasts did not deteriorate over the period 1980-1988 as...

Forecasting models are estimated using annual data for the income velocity of money in seven major industrial countries. The predictions are conditional on the realized value of the long-term domestic government bond rate. These forecasts did not deteriorate over the period 1980-88, compared...