Investment in human capital in terms of returns to education is considered a crucial factor that contributes to the remarkable economic growth especially in the rapidly developing countries. Since poverty and education are closely related, this paper attempts to examine whether returns to...

The present paper adopts a modelling perspective derived from goods characteristics analysis [Lancaster (1971)] and the general ideas of transactions costs. This is implemented in estimated equations, which feature the age of partner sought as the dependent variable and own age and various other...

This work seeks to broaden the issue of the economic analysis of both sexual exchange, in general, and virtual exchange using digital transfers in particular. Economic work on sexual exchanges has tended to be bogged down in fixation with the price paid usually in standard econometric analyses...

A noted feature of single item ‘happiness' measures is the tendency to produce figures at distances well above the mid-point of the scale. Most work, in economics, focuses on trying to ‘explain' happiness as revealed in such scales and does not go on to look in detail at the distribution....

William Easterly, an ex-World Bank economist and widely respected growth theorist, in recently noting that skilled individuals may elect to pursue occupations that redistribute income rather than enhance growth, referred to 'the somewhat whimsical piece of evidence . . . that economies with lots...

Digital crime is an area where the application of the economics of crime is complex. In a nutshell, the essential economic problem of digi-crime is the impact of technological progress making transactions costs of enforcement potentially too high, partly because of the low costs of copyright...