Dutch disease is a condition whereby a booming export sector along with a concomitant strengthening of the non-tradable sector cause a deterioration in the rest of the tradable sector. Regression analysis finds that Dutch disease due to international remittances appears to afflict the developing...

I analyze the effect of an unexpected influx of immigrants on the price of skill and hence on the earnings, human capital accumulation and educational attainment of native workers. In order to study these effects, I develop a general equilibrium model with heterogeneous workers who differ in...

Enthralling experience of the newest format of cricket coupled with the possibility of making it to the prestigious Olympic spectacle, T20 cricket will be the most important cricket format in times to come. The findings of this paper confirmed that comparatively test cricket is boring to tag...

Electricity markets vary greatly across jurisdictions, in terms of regulatory institutions, cost levels and environmental impacts. Integrating such different markets can lead to significant changes. This paper considers two jurisdictions - one with a regulated monopoly selling at average cost...

Institutionalist economists have always been criticizing the neoclassical way of studying the economy, especially because of its obsession to a very strict and flawed formalism. This formalism receives critique also from advocates of agent-based computational economic (ACE) models. The criticism...

This paper proposes to reconsider the methodology (in the first part of the paper) and the history (in the second part of the paper) of economics on the basis of the constructivist institutionalism practiced at present in political science. In the third part of the paper a project for the...

By employing a parsimonious econometric approach, based on an ARIMA model, this study detects significant Islamic calendar effects on U.S. meat consumption. This surprising finding strengthens the assumption that the size of the Muslim community is considerably larger than assumed by U.S....

The relationship between risk and return is one of the most studied topics in finance. The majority of the literature is based on a linear, parametric relationship between expected returns and conditional volatility. However, there is no theoretical justification for the relationship to be...

In this paper it is argued that the heavier is domestic taxation of domestic dividend income, the more attractive is foreign investment to domestic agents. Dividend imputation schemes play an important role in this discussion. Dividend imputation eliminates the double taxation of domestic...

Will aid given to specific sector promote growth? Will bilateral aid be more effective than multilateral aid in export promotion? This paper fills a gap in the literature by studying the implications of aid channeled specifically to trade and export oriented growth. Many African Countries look...