In the foreign exchange market, where average daily turnover is in trillions of dollars and trades span time zones, legal systems, and domestic payments systems, participants take on various risks. The most serious risk is credit risk - the risk that one party will fail to pay. Central banks,...

This study examines the links between inequality in the time allocations of partners in couple families and the satisfaction they have with the way they spend their time. It uses time diary and self-reported satisfaction data from the 2006 Australian Time Use Survey. It shows that inequality in...

The professional development of teachers and school leaders is an important factor in improving the overall quality and effectiveness of schools. Teachers and Principals who are well trained and who have exposure to different educational systems are in a position to draw on their experiences of...

Two predictions of the exit/voice model of union activity that have been confirmed by empirical research in the United States are that union workers will have longer tenures and lower quit rates than nonunion workers. This study replicates the methods used in one important U.S. investigation of...

The time women allocate to childcare varies appreciably according to personal and labour market characteristics. Of particular note is the finding that better educated women spend more time in most forms of childcare activities than their less well-educated counterparts. This link between...

This paper illustrates the potential problems associated with the use of average occupational incomes when the unit of observation is the individual. It does this through an examination of the effects of drinking and smoking on income. The adequacy of the use of the mean income of the occupation...