Standard New Keynesian models have often neglected temporary sales. In this paper, we ask whether this treatment is appropriate. In the empirical part of the paper, we provide evidence using Japanese scanner data covering the last two decades that the frequency of sales was closely related with...

This paper uses data from Peru, Pakistan and Ghana to simultaneously analyse child labour and child schooling, and compares them between these countries .We use a multinomial logit estimation procedure that analyses the participation and non participation of children in schooling and in...

While the global environment waits for the world to reach some form of agreement on climate policy, developing countries such as India are entering a phase of higher economic growth. The decisions on investment in energy systems that will be made in India in coming years will have an important...