Despite the fact that conceptual models of individual decision making under risk are deterministic, attempts to econometrically estimate risk preferences require some assumption about the stochastic nature of choice. Unfortunately, the consequences of making different assumptions are, at...

This study examines the relationships and dynamic interactions between government capital and recurrent expenditures and economic growth in Nigeria over the period 1961 to 2010. Real Gross Domestic Product (RGDP) was used as a proxy for economic growth in the study.The analytical technique of...

This study is aims to understand that what makes an employee delighted within an organization? What are the needs and desires of employees related to workplace ergonomics? This needs to be studied that monetary benefits, being researched by various researchers have shown a significant impact on...

Several studies have been made about the present global financial crisis that has affected real economy as well. We know the root causes and its consequences. However we found a sector that has not been examined comprehensively in inland studies on the ground of changing environment. It is worth...

We introduce the use of the Mahalanobis distance for the analysis of the cohesiveness of a group of linear orders or complete preorders. We prove that arbitrary codifications of the preferences are incompatible with this formulation, while affine transformations permit to compare profiles on the...

This paper examines the inter-relationships among gold prices in five global gold markets, namely London, New York, Japan, Hong Kong (since 1 July 1997, a Special Administrative Region (SAR) of China), and Taiwan. We investigate the linkages between Taiwan and the other global gold markets to...

After the 2001 crisis , Argentina has traveled a path of high economic growth linked to a fast restructuring of the labor market and the throwback of the worsening socio-economic and distributive which initiated in the mid- 70 's, and that deepened during the decade of the 90 's. Yet it persist...

This paper uses a Bayesian approach to estimate a standard international real business cycle model augmented with preferences with zero wealth-effect, variable capacity utilization and investment adjustment costs. First, I find that the bulk of fluctuations in country-specific outputs,...

This paper examines the main issues related to the labor market in Italy and indicates some possible solutions that do not focus exclusively on the flexibility of the labor market, but rather on the overall problem and the complexity of employment, with its economic dimension, but also social....

The paper deals with a fundamental issue in the history of economic thought: the alleged separability in the classical analysis of distinct and sequential logical stages. It will be recalled that the contested idea of an analytical separation of the theory of value (relative prices), the theory...