The main determinants of monetary policy in Mexico are analysed using conventional reaction functions to evaluate the gradual implementation of inflation targeting (IT) to achieve low and stable rates of inflation. In particular, we look at how the evolution of the inflation, growth and...

We focus on the potential economic factors of tax revenue in Trinidad and Tobago and present cointegration test statistics for a second order VAR(2) based on Johansen's maximum likelihood approach. Our results suggest a positive relationship between the level of income and the tax ratio and also...

This paper empirically assesses the effect of socio-economic and demographic variables on violent crime in the United States. Using national-level time-series data over the period 1960-2000, I estimate an unrestricted vector autoregressive (VAR) model individually for overall violent crime,...

This study uses recent advances in time-series econometrics to investigate the non-stationarity and co-integration properties of violent crime series in England and Wales. In particular, we estimate the long-run impact of economic conditions, beer consumption and various deterrents on different...

This article challenges the assumption that the factors associated with the self-employment choices of women differ from those of men; specifically, we test the extent to which women are influenced by standard economic factors compared with family and social issues. We find that economic factors...

This study empirically examines the relationship between crime, deterrence and unemployment in Greece. A regional dataset over the period 1991-1998 was collected and analyzed. Our econometric methodology follows the Generalized Method of Moments (GMM) estimator applied to dynamic models of panel...

Employment Tribunals are the formal means of adjudicating disputes over individual employment rights in the UK. This article hypothesizes that, because small firms favour informality over formality, they are more likely (i) to experience employee claims than large firms; (ii) to be subject to...

This paper provides an econometric assessment of the deterrence model, with a specific focus on violent crime in England and Wales. It finds that beliefs about the probability of arrest are substantially lower than official arrests rates, but when adjusting for non-reporting by victims, the...