This paper examines the impact of corporate diversification and firm size on the value creation over the 1997-2005 period for twenty-five non-banking firms listed on Tunis Stock Exchange. Our results confirm previous studies in that shares of diversified firms sell at a discount. Moreover, value...

This paper examines the impact of corporate diversification and firm size on the value creation over the 1997-2005 period for twenty-five non-banking firms listed on Tunis Stock Exchange. Our results confirm previous studies in that shares of diversified firms sell at a discount. Moreover, value...

In this article we apply a two stage approach in order to investigate the existence of a stronger gender discrimination when the job position is higher, splitting the Italian labor market into managers and non managers. Once the threefold selection biases for the two genders are accounted for...

In this paper we have investigated the relationship between human capital proxied by the schooling level and fertility decisions for some EU countries. For this purpose we have resorted to a dynamic random effect probit model controlling for unobserved heterogeneity and initial problem, by using...

I demonstrate a simple procedure for creating age-adjusted earnings distribution statistics, using US data and recentered influence function regression methods. As the baby boom generation has moved toward the latter part of their career, earnings distribution statistics for the working age...

This note introduces a generalized version of multi-component decomposition method, which disintegrates a growth rate of an index into the roles of individual components. The method can be applied to two classes of indices: the additive-product form and the product-additive form. The application...

We introduce demographic shocks in a multi-sector endogenous growth model, a-la Uzawa-Lucas. We show that an analytical solution of the stochastic problem can be found, under the restriction that the capital share equals both the inverse of the intertemporal elasticity of substitution and the...

In this work, we study whether labour and leisure costs reported by informal caregivers must be analysed separately, using two comparable Spanish samples, for the years 1994 and 2004. We do this since informal care introduces an additional time constraint on the individual, which complicates the...

Studies in the US have shown that black immigrants have remained at the bottom of the wage ladder and that other groups of immigrants have overtaken them over time. The goal of this research is to determine whether a specific group of immigrants can displace a group at the bottom of the ladder....

This paper chose Singapore as a case study to investigate whether population growth can contribute to economic development. It employed four different single-equation tests for cointegration, namely, 1) ordinary least squares, 2) fully modified ordinary least squares, 3) canonical cointegration...