Nearly 75 years ago, John Hicks introduced and formalized the concept of the elasticity of substitution between capital and labour and its relation to derived demand. The resulting formula has proven very useful in understanding the derived demand for productive factors, the distribution of...

According to the endowment effect there is some discomfort associated with giving up a good, that is to say, we are willing to give up something only if the price is greater than the price we are willing to pay for it. This implies that the indifference curves should designate a reference point...

More females than males have been attending Canadian universities over the past decade and this gender imbalance in university participation has been increasing. We use the Linear Probability and Logit models to investigate the determinants of attending university and explore the reasons for the...

This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a variety of political economy questions - from the economic effects of party control of government...

Introductory economics courses emphasize opportunity cost, comparative advantage and specialization to show the benefits of trade. We assert that this emphasize leads to erroneous student mindset that trade requires specialization based on comparative advantage. We test students who have been...

This note contains an empirical analysis of the decision of German-speaking business scholars to boycott and opt out of the best known research ranking of business scholars, initiated and published by Germany’s largest business daily, Handelsblatt. Our analysis indicates that scientists who...

Access to information may represent an important barrier to learning about and ultimately transferring to 4-year colleges for low-income community college students. This paper explores the role that access to information technology, in particular, plays in enhancing, or possibly detracting from,...

Being granted a title enhances the status of the awardee while its loss has an opposite effect. The present article examines whether the latter effect dominates the former in the sense that elevation is less status-enhancing than relegation is status-damaging. Thereto, we use the three...

In many countries there is a considerable gender gap in enrolment for a bachelor’s degree in Economics, arguably an important stepping stone towards positions of influence in policy making and occupations paying relatively high wages. We investigate the sources of this gap by looking in detail...

This paper investigates the determinants of academic achievements of post-reform undergraduate students of Ca’ Foscari University of Venice. Academic achievements are measured with the students’ grade point averages and time to graduation. The set of independent variables contains...