The authors develop a projection model of the euro area and the United Kingdom. The model consists of two country blocks, endogenous to each other via the foreign demand channel. Each country block features an aggregate IS curve, a forward-looking Phillips curve, and an estimated forward-looking...

Academic research is a public good whose production is supported by the tuition- paying students that a faculty's research accomplishments attract. A professor's spot contribution to the university's revenues thus depends not on her spot research production, but rather on her entire cumulative...

Academic research is a public good whose production is supported by the tuition-paying students that a faculty's research accomplishments attract. A professor's spot contribution to the university's revenues thus depends not on her spot research production, but rather on her cumulative research...

Using data from Ontario, we study the extent to which education mitigates the realized work-disabling effects of permanent occupational injury. Focusing first on the rates of post-injury employment, our results suggest that education has a strong disability-mitigating effect in cases of knee and...

Purpose - The paper investigates whether Granger causal relationships exist between bond market development, stock market development, economic growth and two other macroeconomic variables, namely, inflation rate and real interest rate. The study aims to expand the domain of economic growth by...

Purpose - The paper investigates whether Granger causal relationships exist between bond market development, stock market development, economic growth and two other macroeconomic variables, namely, inflation rate and real interest rate. The study aims to expand the domain of economic growth by...

This paper investigated the linkages between banking sector depth, trade openness, and economic growth using a panel data set covering the ASEAN regional forum countries for the period 1961-2012. Using our multivariate framework, we first found that all the variables were integrated of order one...

Climate change has a profound impact on the planet, especially on developing countries – as highlighted by the Stern Report to the British government in 2006. One solution to mitigating environmental degradation and achieving better outcomes appears to be through the provision of aid to poor...

Globalisation in Historical Perspective. Michael D. Bordo, Alan M. Taylor and Jeffrey G. Williamson, eds., Nigel Harris, author Global Shaping and its Alternatives. Yildiz Atasoy and William K. Carroll, eds., D. J. Shaw, author Tapping the Market: The Challenge of Institutional Reform in the...