This dissertation studies labor earnings mobility in the short-run and the structure of labor markets in urban Mexico, from 1987 to 2002.In the first part it gauges the average earnings mobility in the economy and whether mobility equalized longer-term earnings. It also analyzes whether the...

Governments in developing economies often resort to taxing bank money balances through imposition of high reserve requirements and also by relying on seigniorage to finance their deficits. In the context of those practices, this research reported in this paper attempts to answer the following...

The analysis and measurement of production and transaction costs is an important tool in guiding decisions and in comprehendingthe behavior of the agents in a particular institutional environment. Although production costs have been widely studied in theliterature, transaction costs have not...

In recent years an increasing amount of efforts has been devoted to the evaluation of geographically-targeted economic development (GTED) programs. In the U.S. and in Great Britain, geographically-targeted business incentives (denominated Enterprise Zone programs) are an important policy...

This paper measures profit efficiency and examines the effect of access to microfinance on theperformance of rice firms in Bangladesh. An extended Cobb-Douglas stochastic frontier profit function wasused to assess profit efficiency and profit loss of rice farmers in Bangladesh in a survey data...

Die Evaluierung der Investitionen in Ausbildung undihrer Wirkungen auf den Arbeitsmarkt ist in modernen Gesellschaften von zentralemInteresse. Gewöhnlich ist die Meinung gegenüber der ökonomischen und gesellschaftlichenRendite der Ausbildung positiv: ein Mehr an Ausbildung zieht eine...

Actual investment performance reflects the underlying strategy of the portfolio manager and the execution costs incurred in realizing those objectives. Execution costs, especially in illiquid markets, can dramatically reduce the notional return to an investment strategy. This paper examines the...

The analysis of longitudinal repeated measures data is frequently complicated by missing data due to informative dropout. We describe a mixture model for joint distribution for longitudinal repeated measures, where the dropout distribution may be continuous and the dependence between response...

Telemedicine offers an alternative referral strategy for fetal cardiology but is currently only used for ?high-risk? pregnancies. A case-study of a cost-consequences analysis comparing telemedicine to direct referral to a perinatal cardiologist is initially presented, which highlights that for...

Background: In this paper we propose the use of the within-subject coefficient of variation as an index of a measurement's reliability. For continuous variables and based on its maximum likelihood estimation we derive a variance-stabilizing transformation and discuss confidence interval...