Most economic historians would surely endorse Paul Romer's view expressed above that technological progress lies at the heart of long run economic growth. Long ago Kuznets identified the epoch of 'modern economic growth' as one where growth came to be driven by scientific and technological...

This paper examines student withdrawals associated with the online BA Enterprise programmeinitiative designed by E-College Wales (part of the University of Glamorgan). This aims to helpimprove the entrepreneurial capacity of Wales. The increase of e-learning programmes on offerfrom academia and...

Many educators and policymakers have argued for lenient grade promotion policy – evenautomatic promotion – in developing country settings where grade retention rates arehigh. The argument assumes that grade retention discourages persistence or continuationin school and that the promotion of...

We exploit the aggregative structure of the public good modelto provide a simple analysis of the voluntary contribution game. Incontrast to the best response function approach, ours avoids the pro-liferation of dimensions as the number of players is increased, andcan readily analyse games...

Seit Jahren bildet das Für und Wider einer Besteuerung von Vermögen einen integralen Bestandteil der Steuerreformdiskussionen in Deutschland.Anlaß für die erneute Diskussion ist der vom SPD-Parteivorstand beschlossene Leitantrag,in dem eine zusätzliche Belastung großer Vermögen für die...

[...]This article investigates the relationshipbetween asset size and risk at bank holding companiesfrom 1987 to 1993.1 We find that for most of thisperiod, the level of risk at large bank holding companiesdid not differ significantly from that at small bankholding companies. However, we do find...

A methodology for measuring public agricultural research capital is developed anddescribed for the first time, new public agricultural research capital measures for each of the 48contiguous US states, 1970-1999, are presented, and a new econometric analysis of the contributionof public...

In this paper we attempt to assess empirically the capability set ofthe disabled. We formulate the assumptions under which capability canbe interpreted as needs-adjusted disposable household income, and useequivalence scales methodology to estimate it for households in the UK.We identify a...