Since 1988, Business Week on a regular basis ranks MBA programs based on qualitative (quot;subjectivequot;) surveys of students and employers. We rank MBA programs using the quantitative (quot;objectivequot;) data collected with the 2004 Business Week survey. We employ equal-weighted and...

This paper examines the role of uncertainty and imperfect local knowledge in foreign direct investment. The main idea comes from the literature on investment under uncertainty, such as Pindyck (1991) and Dixit and Pindyck (1994). We empirically test quot;the value of waitingquot; with a dataset...

Regulatory change not seen since the Great Depression swept the U.S. banking industry beginning in the early 1980s and culminated with the Interstate Banking and Branching Efficiency Act of 1994. This article examines whether deregulation affected new charter (birth), failure (death), and merger...

This paper is a preliminary look at the benefits to states in the US of subsidizing college education. The benefits studies are the external benefits of college education on the earnings of both college graduates and those who have not graduated from college. In completing a college education...

Migration is often viewed as an investment decision. Temporary migrants can be expected to invest less in accumulating human capital specific to the host country. Instead, they work more hours in order to accumulate savings and invest in financial capital that can be transferred back to their...

Migration is often viewed as an investment decision. Temporary migrants can be expected to invest less in accumulating human capital specific to the host country. Instead, they work more hours in order to accumulate savings and invest in financial capital that can be transferred back to their...

In this paper, two approaches (labor efficiency and separate factors approach) and two production functions ( a ray-homothetic function and the Cobb-Douglas function), are used to estimate the productivity of female versus male farm laborers in the traditional agricultural economy of Nepal. The...