Purpose – The purpose of this paper is to measure the efficiency of UK airlines in light of all the recent industry challenges. Design/methodology/approach – The study measured the technical efficiency of airlines through the innovative data envelopment analysis (DEA) bootstrap methodology....

Purpose – The purpose of this paper is to explore how various performance related pay (PRP) schemes influence employee turnover. It also tests whether profit sharing has a differential impact on turnover in comparison to other forms of PRP. Design/methodology/approach – Utilizing a...

Purpose – This paper aims to examine how selected governance indicators impact on performance measures of outreach and profitability in microfinance institutions (MFIs). Design/methodology/approach – The paper adopts a quantitative approach based on both primary and secondary data from...

Allyn Young's lectures, as recorded by the young Nicholas Kaldor, survey the historical roots of the subject from Aristotle through to the modern neo-classical writers. The focus throughout is on the conditions making for economic progress, with stress on the institutional developments that...

Presents a paper by Lauchlin Currie on the stabilization of purchasing power through the use of public credit which was originally delivered at the American Economic Association Meeting at Chicago Distribution of Purchasing Power and Business Fluctuations Round Table on December 30, 1936.

Presents Lauchlin Currie' views on the monetary aspects of the excess reserves problem which he gave at a board meeting on May 18, 1936.

Presents Lauchlin Currie's views on public spending as a means to recovery which originally appeared in a memorandum of April 6, 1936.

Looks at the excess reserves of 1937 in the USA, which were well over $2 billion. Discusses what criterion can be used to determine the adequacy or excessiveness of the volume of money and what the prospects would be for further expansion if no action were taken. Concludes that on balance,...

Introduces the special issue to mark the 10th anniversary of Lauchlin Currie's death. Currie was an economist described as the intellectual leader of the spending wing of Roosevelt's New Deal.

Presents a letter written by Lauchlin Currie in 1934 to the then President of the USA Roosevelt, praising his monetary policy and also offering advice.