Unlike commonly used, anomie and alienation not only have different theoretical backgrounds, but also different indicators and predictors. I examine the highly institutionalized alienation scale originally introduced by Middleton (1963), reapplied as a measurement of alienation (Seeman, 1991)...

The paper contrasts the pattern of returns to human capital in different economic sectors. As job mobility, especially across sectors, is limited, it is argued that coefficients of experience in earnings regressions may capture or be interpreted as the growth rate – net of depreciation – of...

This note contributes to the development of the theory of stochastic dependence by employing the general concept of copula. In particular, it deals with the construction of a new family of non-exchangeable copulas characterizing the multivariate total positivity of order 2 (MTP2) dependence.

The study applies household production theory to investigate how socioeconomic characteristics and behavioural choices affect health status of an individual (here related to cardiovascular diseases). Structural equation modelling (SEM) is used as an estimation approach, which allows to model...

In this paper we propose a new similarity index, which can be used to compare model-based clustering solutions. We define also an adjusted-for-chance version, although we advise that, whenever feasible, bootstrap replications should be preferred to chance-corrected similarity indices. We...

The paper examines cognition from the viewpoint of internal management teams of private universities against satisfaction with school performance, applying the SEM model. Empirical results show that the board’s operational effectiveness and attendance rate for internal important meetings...

This paper uses annual data for the period 1970-2006 in order to estimate and investigate the evolution of the Mexican informal economy. In order to do so, we model the informal economy as a latent variable and try to explain it through relationships between possible cause and indicator...

Credit scoring is a methodology used in finance to quantify the credit risk of individuals/firms. This article proposes the application of this technique as a tool to measure the aggregated risk of banks and the banking system. An application in the Bolivian commercial banking system is...

Since 2004 some economies in Latin America, including Bolivia, have experienced an improvement in their terms of trade. In this research we investigate the causal effect of this improvement on nontraditional exports. We focus on before and after the increase in terms of trade and analyze how...