The human capital of young and old workers are imperfect substitutes both in production and in on-the-job training. This helps explain why capital does not flow from rich to poor countries, causing instantaneous convergence of per capita output. If each generation chooses its human capital...

As interest in marine renewable energy increases, observations are crucial for understanding the environments that prospective turbines will encounter. Data from an acoustic Doppler velocimeter in Puget Sound, WA are used to perform a detailed characterization of the turbulent flow encountered...

Interest in pandemics has increased dramatically in recent times with the emergence of Avian Influenza and conditions conducive to a global flu outbreak. While understandably most of the focus is on public health policies that might prevent or ameliorate the effects of a pandemic, there is often...

This paper examines the treatment of the labour market in three macroeconometric models of the Australian economy: the Australian Treasury Macroeconomic (TRYM) model, the Access Economics Macro (AEM) model, and the Murphy model. In each of these models, employment and unemployment are basically...

The human capital of young and old workers are imperfect substitutes both in production and in on-the-job training. This helps explain why capital does not flow from rich to poor countries, causing instantaneous convergence of per capita output. If each generation chooses its human capital...