Detecting contagion during financial crises requires demarcation of crisis periods. This paper presents a method for endogeneous dating of both the start and finish of crises, coupled with the statistical detection of contagion effects. We couple smooth transition functions with structural GARCH...

The goal is to determine if there is a stable Broad Money Demand relationship for Australia. Previous studies have not reached a consensus on this important issue, partly because the time series techniques used do not accommodate structural breaks. A standard multivariate cointegration analysis...

Costa Rica is a small Central American nation that has gained an international reputation as a leader in environmental conservation. This has formed the base for its highly successful small-scale ecotourism industry. However, there are threats from high rates of deforestation and expanding...

The interdependence of Japan’s Nikkei (JN), Taiwan Weighted (TW), Singapore Strait Times (SST), Korea Composite (KC) and Hang Seng (HS) SPIs is tested on 2739 daily observations for July 8, 1990 to July 6, 2000.

The study compares the economic costs and medical benefits to the current vaccination regime to one which is spacially designed to account for the the changing nature of well-vaccinated populations.

This paper uses data from Peru, Pakistan and Ghana to simultaneously analyse child labour and child schooling, and compares them between these countries. We use a multinomial logit estimation procedure that analyses the participation and non participation of children in schooling and in...

This paper analyses child labour participation and its key determinants using the data sets of Peru and Pakistan. The results include tests of the 'Luxury' and 'Substitution' Axioms that play key roles in recent studies on child labour and child schooling.