This paper examines cultural differences in attitudes towards corruption by analysing individual-decision making in a corrupt experimental environment. Attitudes towards corruption play a critical role in the persistence of corruption. Our experiments differentiate between the incentives to...

A decade has elapsed since the Taiwanese government first allowed the entry of foreign workers in 1989. A range of problems related to foreign workers have emerged and have become current issues in Taiwan. However, there is a lack of in-depth research into these issues as they relate to Taiwan....

University funding policies should be in principle determined by the aims of university education. The practical difficulty is that universities provide a range of benefits, many of which are difficult to quantify, to both individuals and society, and the aims vary over time. There is a general...

Between 1870 and the 1950s British exports to the Empire and Commonwealth steadily grew in terms of volume and as a proportion of all exports. To many this reflected the non-market advantages Britain enjoyed there, advantages allegedly rooted in imperial rule and the inherent Britishness of...

Overeducation is a form of labour underutilisation which occurs when the formal education level of a worker exceeds that which is required for the job. It is a form of underemployment that imposes significant costs on individuals and economies. Using data from the Negotiating the Life Course...

A model of education where the distribution of innate abilities is the source of heterogeneity is investigated. Public and private education models are investigated and compared. Human capital follows a first order Markov process which is shown to converge to a unique stationary distribution in...

We develop a model that combines both the transaction efficiency and primary resource explanations for specialization and development. Our model builds on the Yang (1990) framework but introduces a primary resource factor into this model. We show that neither a labour surplus nor the development...

Evidence suggests that short-term interest rate volatility peaks with the level of short rates, while equity volatility responds asymmetrically to positive and negative shocks. We present an LM based test that distinguishes between level effects and asymmetry in volatility which is robust to the...

natural heritage is a broader concept than natural capital, Including natural cultural assets. To ensure strong sustainability it is important to maintain natural heritage health at the high level. An impact equation is used to consider the possible approaches to bring about a reduction in...