The aim of this paper is to empirically analyze the effect of financial constraint, information asymetry on the firm investment. On the basis of a data relating to 394 Tunisian firms observed over the period 2001-2008 and by adopting the panel data method, our findings show that the effect of...

Using CPS data from 1979–2009 we examine how cyclical downturns and industry-specific demand shocks affect wage differentials between white non-Hispanic men and women, Hispanics and non-Hispanic whites, and African-Americans and non-Hispanic whites. Women’s relative earnings are harmed by...

This paper examines the functional relationships between income inequality, economic factors, institutions, and Kuznets' inverted-U hypothesis. A model that incorporates interactive as well as direct effects of several factors to capture their combined effect on inequality is developed. The...

Entrepreneurship is considered to be an important mechanism for economic development through employment, innovation and welfare effects. The papers in this special issue are from the 3rd Global Entrepreneurship Monitor Research Conference held in Washington D.C. in 2007. The introduction has...

This research aims to find the determinants of participation on social organizations in Chile through a social capital approach, as well as to evaluate the existence of a positive effect between participation and household welfare. In the case of economic and local organizations several...

The objective of this paper is to evaluate, in light of statistical data, Poland’s capacity for dynamic development in the future and its possibilities for the attainment of its ambitious economic and social goals. The analysis was based on the latest available data drawn primarily from...

Basing on official statistical data, the article presents changes in R&D taking place in Poland in 1975-2009. In 1975 the Polish centrally-planned economy held a strong position in Europe, especially if we measure it by the number of scientific and technical staff employed in research and...

Of the world’s 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars per person per day and another 1.7 billion lived on between $1.25 and $2.50 PPP dollars (Chen and Ravallion, 2012). The scourge of absolute economic misery among billions of the...

The paper examines the implications of financial reform and interest rate behaviour on economic growth in Nigeria. The cointegration and error correction model were used on time series data from 1970-2006. The results demonstrate that financial reform and interest rates have significant impact...

Orthodox and heterodox economists have promoted different liberalization measures in the economy in accordance with its vision for agriculture and manufacturing sectors. In this paper, we try to determine the impact of external terms of trade and domestic (the latter considers foreign trade...