We develop an endogenous fertility model of social stratification with two hereditary classes: warriors and peasants. Our model shows that the extra cost warriors must incur to raise their children and to equip them for war is the key determinant of (1) the relative sizes of both classes, and...

This study models and forecasts the components of population growth in Arkansas through 2017. A structural econometric model is developed and used to generate ex-ante forecasts. The model includes equations for births, deaths, and net migration. These three variables, in combination with...

This paper presents the first results of an ongoing research project that work with the microdata from COMEXT database to calculate the levels of intra-industry trade in manufactures between 1988 and 2011. The analysis provides data on the long-term evolution of this phenomenon and its breakdown...

Technical advances in retail banking have had profound repercussions for the competitiveness of individual firms and for the sector as a whole. This paper looks at the role played by new technological resources within the context of organizational change and the products and services offered by...