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The author argues that conversion of over 1 million hectares of customary land to leasehold land tenure merely endowed the elite with excessive landholdings they did not fully utilise for tobacco production because it exceeded the requirement for production of the quota of tobacco output...
Persistent link: https://www.econbiz.de/10005134965
The household membership decision is viewed as a “research project” where the offspring invests in human and non human capital to influence the probability of finding an alternative to the parental household. The problem is formulated as a differential game between a selfish offspring and...
Persistent link: https://www.econbiz.de/10005408338
A seller with two objects faces a group of bidders who are subject to budget constraints. The objects have common values to all bidders, but need not be identical and may be either complements or substitutes. In a simple complete information setting we show: (1) if the objects are sold by means...
Persistent link: https://www.econbiz.de/10005062330
Discusses the factors that influence long-term aged care demand and provides projections of future expenditure. Long …
Persistent link: https://www.econbiz.de/10005561545
expenditure to revenue suggesting the preference of controlling the spending decisions to reduce the tax revenue-expenditure …
Persistent link: https://www.econbiz.de/10005125024
increase in the quantity and quality of productive assets and of the human and social capital that will enhance agriculture and … is expected that public expenditure create the conditions required for an efficient allocation of resources needed for a …
Persistent link: https://www.econbiz.de/10005412495
The social science literature has done much to document pervasive racial discrimination in Brazil and there is little doubt that a very dark color is a handicap to social advancement. Nevertheless, very few empirical economic studies have attempted to quantify the impact of ethnic discrimination...
Persistent link: https://www.econbiz.de/10005556747
The purpose of this paper is to examine inter-ethnic differences in the returns to education for the three main ethnic groups in the Metropolitan Region of Salvador (MRS), Bahia state, in Northeastern Brazil. Our results suggest that sheepskin effects take the traditional form of an additional...
Persistent link: https://www.econbiz.de/10005125740
Many studies show that individuals from ethnic minority groups receive low levels of job-related training, raising the question of whether lower expected wage benefits contribute to this lack of training. In this paper, unit record data are used to examine the effect of job- related training on...
Persistent link: https://www.econbiz.de/10005125810
, year-to-year change of earnings multiple P/E tends to anticorrelate with profits cycle. It shows sluggishness of market … trend. It is presence of phase of earnings accumulation. Such accumulation is possible only during periods of significant … outstripping of earnings growth over the market growth. Now there is no phase of earnings accumulation, because market returned to …
Persistent link: https://www.econbiz.de/10005413241