This paper considers educational investment, wages and hours of market work in an imperfectly competitive labour market with heterogeneous workers and home production. It investigates the degree to which there might be both underemployment in the labour market and underinvestment in education. A...

This paper uses the first wave of HILDA in an analysis of the determinants of fertility, focusing in particular on the role of education. Estimating lifetime fertility from micro data sets is generally quite difficult since a large proportion of the sample, because of their age, will have...

Does culture, and in particular religion, exert an independent causal effect on long-term economic growth, or do culture and religion merely reflect the latter? We explore this issue by studying the case of Protestantism in China during the late nineteenth and early twentieth centuries....