Obesity is an epidemic health problem in many developed countries, and it is an emerging public health concern in developing, transitional, and newly-developed countries. The purpose of this research is to investigate the relationship between individuals' knowledge concerning the health risks of...

We examine the least-squares estimator of change point for nonstationary I(d) data with 0.5 < d < 1.5. We show that this estimator fails to locate the change point consistently when a change occurs and that it would suggest a spurious change even when there is none.

This paper empirically investigates the role of social capital in households’residential mobility behavior by considering its spatial dimension. This study focuses on a household’s social ties with people living nearby, which we refer to as its “local social capital”. Local social...

Existing economic theories of the evolution of altruism between kinship members usually emphasize the role that altruism can play in facilitating coordination among kin to achieve an otherwise unachievable efficient (in terms of fitness) equilibrium. In this paper, we explore the background...

Previous research analyzing within-family education resource allocation usually employs the sibship and birth order of a child as explanatory variables. We argue in this paper that to correctly characterize the resource competition and support scenario within a family, one should identify the...

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In this paper we propose a general component-driven model to analyze economic data with different characteristics (or regimes) in different time periods. Motivated by empirical data characteristics, our discussion focuses on a simple model driven by a random walk component and a stationary ARMA...

This paper uses a one-sector, endogenous growth model to study optimal composition between public investment and consumption in government expenditure and its relationships with economic growth. Assuming a benevolent government which maximizes a representative household’s lifetime utilities,...

According to conventional home market effects, free trade tends to shrink the market share for the smaller economy in the differentiated manufacturing goods, and in the extreme, leads to a complete hollowing out of the industry. In departing from the original Helpman-Krugman modeling assumptions...