Labor migration has become entrenched in underdeveloped countries as a means to address rampant unemployment and to sustain the local economy. In the Philippines, it is estimated that one in ten Filipinos work abroad. With limited sources to address the information needs of widely dispersed...

Carnegie Mellon University is a private research institution of higher education that is housed in a city that has undergone, and is still undergoing, the change from a manufacturing hub to a center of knowledge enterprise. Although colleges and universities are part of a local oligopoly, CMU is...

This paper proposes, by way of a theoretical model, that public subsidies for the arts act as a spur to the consumption of the arts which, in turn, increases the level of human capital, leading to increased economic growth. It points out that some recent studies in brain research deliver...

This paper attempts to examine how social trust influences human capital formation using prefectural level data in Japan. To this end, I constructed a proxy for social trust, based on the Japanese General Social Surveys. After controlling for socioeconomic factors, I found that social trust...

Any major development project has both benefits and disadvantages to the society. Many development projects have very high economic benefit and at the same time lead to environmental hazard. One such project is Sethudamudram project initiated by Government of India. This is a project which aims...

Any major development project has both benefits and disadvantages to the society. Many development projects have very high economic benefit and at the same time lead to environmental hazard. One such project is Sethudamudram project initiated by Government of India. This is a project which aims...

This paper attempts to examine how social trust influences human capital formation using prefectural level data in Japan. To this end, I constructed a proxy for social trust, based on the Japanese General Social Surveys. After controlling for socioeconomic factors, I found that social trust...

The paper describes the privatization process in Bolivia, placing emphasis on the particularities of the capitalization mechanism that was used for this purpose, and the regulatory framework introduced as its essential complement. With this background, the paper then details the changes in the...

The object of this article is to assess the causal impact of promotions policies on students' choice of the field of study. We match the records of the students enrolled in two large universities with the records of the participating schools. Within the participating schools, some students took...

This paper reviews the issues that would arise if Quebec were to separate from Canada. It also presents quantitative estimates of the likely orders of magnitude of their economic impact both on Quebec and the Rest of Canada. Its overall conclusion is that Quebec would be much harder hit than the...