Car use is an increasingly serious problem in many modern cities because of polluting emissions, noise, accidents and congestion. To examine this issue, this paper analyzes the individual choice between taking the car and using alternative transport modes (e.g. walking, cycling, taking the bus...

One of the most cited criticism for US fashion brands is their exploitation of workers in their overseas manufacturing facilities. This paper studies whether such textile and apparel production facilities (also known as “sweatshops”) lead to lower education and thus a lower socio-economic...

The article is stressed on the stability indicator of the banking system as binary variable, which takes a single value in unstable condition and non-zero value otherwise. It is offered to explore stability dynamics of Ukrainian banking system as time series, suggested to perform stability...

Given the fact that numerous challenges prohibit African immigrants from availing financial capital for the purpose of starting a business in South Africa, this paper sets out to investigate whether those that succeeded experienced a significant increment in their financial capital three or more...

This paper investigates in detail the design parameters of the two most prominent U.S. tradeable emission permit program - the U.S. EPA Sulfur Allowance Trading Program and the South Californian Regional Clean Air Incentives Market (RECLAIM). In contrast to expectations and the existing...

This paper examines the pattern of the labor market appraisal of workers’ schooling, focusing on the Northern regions of the country. The manufacturing industry is studied in particular since a large part of the economic activity is located in the North, relative to the rest of the country’s...

This paper details particle Markov chain Monte Carlo (PMCMC) techniques for analysis of unobserved component time series models using several economic data sets. PMCMC provides a very compelling, computationally fast and efficient framework for estimation and model comparison. For instance, we...

This paper discusses the principles that determine firstly how cities evolve over seven phases in what I call the Affinity Factor model. Secondly, we see how Affinity Factor model may help understand how development spreads or distributes within the city. We observe how these principles impact...

The present paper examines the changes in work participation rates, participation rate in education and the growth of employment, and explores the prospects of employment growth in the state of Andhra Pradesh (India) in the scenario of declining population growth which acts as a limiting factors...

This paper examines real estate pricing featuring the price response curve, both theoretically and empirically. The Bertrand model with differentiated products suggests that the price response of real estate may differ when properties in the vicinity are priced by an affiliated firm or one's own...