This paper seeks to empirically verify if the habit persistence phenomenon holds in the Jamaican economy. The results of the GMM time series estimation show the existence of habit formation by Jamaican consumers. Past consumption habits affect the growth rate of consumption, consequently in...

The paper attempts to examine the nature and the extent of strategic entries of independent candidates in elections following FPTP rule. The paper observes that besides individual incentives of the candidates, a major factor behind the emergence of independents under FPTP systems could be the...