This study has uniquely established that financing women though Self Help Groups has a significant role in empowering women, which is a smart economics indeed in achieving the objective of economic development of the weaker sections. The findings of this study establish using the statistical...

We consider a family of proper random variables which converges to an improper random variable. The limit in distribution is found and applied to obtain a closed-form expression for the limiting power of the Cliff-Ord test for autocorrelation. The applications include the theory of...

The paper studies the effect of voluntary work on labour income for Italian employees. The Heckman and Instrumental Variables methods are used in order to control for self-selection bias of participation in labour market and endogeneity of volunteering. The results show that a wage premium of 3...

Excerpt: Worldwide, governments are growingly focusing on free and open source software (FOSS) as a move toward transparency and the freedom to run, copy, study, change and improve the software. The European Commission (EC) is also supporting the development of FOSS [...]. In addition to the...

We analyse the determinants of the regional disparity of FDI inflows to Russia. The spatial distribution of FDI is attributed to regional and/or trans-regional factors. Region specific characteristics such as wage, education level, transportation as well as gross regional product, which accounts...

In this paper we examine the effect of dollar stores on children's Body Mass Index (BMI). We use data from a dataset compiled by the Arkansas Center for Health Improvement which created and implemented the BMI screening process for all public school children in the state of Arkansas. We combine...

We study the estimation of a high dimensional approximate factor model in the presence of both cross sectional dependence and heteroskedasticity. The classical method of principal components analysis (PCA) does not efficiently estimate the factor loadings or common factors because it essentially...

We investigate whether individuals feel happier when others around them are happier in broadly defined worker groups. This will be a formal test of spillovers in happiness. Answering this question requires a careful handling of the reflection problem, as it may not be possible to separate the...

Compare with the rate of development of human society , human biological evolution and behavioral pattern change very slowly ,thus human has to use “raw” cognitive pattern which cause bias to process modern information. To study the problem of Corporate Over-investment based on Heuristic...

This paper considers dynamic panel models with a factor error structure that is correlated with the regressors. Both short panels (small T) and long panels (large T) are considered. With a small T, consistent estimation requires either a suitable formulation of the reduced form or an appropriate...