This thesis examines the determinants of capital structure in Sub-Saharan Africa. It looksat three related issues. The first issue is the financing decisions of firms, that is, thechoice between debt and equity. It investigates the extent to which firm characteristicsaffect the way African firms...

This paper investigates trends in intergenerational transmission of education among black South Africans - changes in correlation between parents' and children's education. Using data for 1954-1993 birth cohorts, we find a decrease in intergenerational transmission of education over the last...

This paper investigates trends in intergenerational transmission of education among black South Africans - changes in correlation between parents' and children's education. Using data for 1954-1993 birth cohorts, we find a decrease in intergenerational transmission of education over the last...

This paper investigates trends in intergenerational transmission of education among black South Africans – changes in correlation between parents' and children's education. Using data for 1954-1993 birth cohorts, we find a decrease in intergenerational transmission of education over the last...

Focusing on capital flight of the worst kind for developing countries-stolen public assets-we develop a model which shows that both the threat of losing elective office and its complement, the threat of delayed detection, do not affect the choice of whether to plunder or not. Rather they...

This paper investigates trends in intergenerational transmission of education among black South Africans – changes in correlation between parents' and children's education. Using data for 1954-1993 birth cohorts, we find a decrease in intergenerational transmission of education over the last...