A heightened interest in understanding the remitting practices of immigrants and their impact on a variety of economic indicators has emerged as remittances to developing countries have risen substantially over the past decade. If remittances primarily enhance consumption, they may have no...

In this paper, we aim to study the interrelationship between social spending, economic growth, and income inequality in developing countries from the year 1990 to 2013. We observed that all the categories of social spending produced a significant reduction in income inequality. Further, the...

In the swiftly advancing field of Artificial Intelligence (AI), a field where every country aims to keep pace, significant disparities are observed in how different nations adopt AI. This study explores the deep, yet insufficiently studied, effects of AI on societal, economic, and environmental...

Government spending on human capital continues to increase over the years. However, knowledge of the efficiency of such spending is limited. Using data from World Bank's World Development Indicator and World Governance Indicator from 2006 to 2017 and Data Envelopment Analysis and DEA...

Human capital as a critical engine of economic growth is present in many empirical and theoretical body of knowledge on growth models and theory. However, the conclusion on its importance as a driver of economic growth remains inconclusive. The aim of this study is to provide and detailed...

The aim of this contribution is to evaluate the efficiency of the Czech educational system. If we take into account the fact that investments are made in consideration of future returns, then it holds true that investments in the form of public finances invested in the education system are...

This study analyses the lack of robust conclusions about the association between inequality and economic growth. On the basis of ex-ante concept of inequality of opportunity, the parametric measure of unequal opportunity is used by partitioning the total sample in to 16 mutually exclusive...

Why has polygyny, marriage of a man to multiple women, common in most societies throughout history, almost disappeared in modern industrialized countries? Do women play a role in its disappearance? A simple theoretical model suggests that at the later stage of the transition from polygyny to...