Why has the living standard of the Philippines relative to that of the U.S. not risen unlike its Asian neighbors? Using data on national income accounts and the workforce from the Penn World Table (version 6.1) and years of schooling from Barro and Lee (2000) as well as a simple neoclassical...

In order to measure the intrinsic effect of schooling on wages for adolescents and young adults from four villages in rural Guatemala, this paper estimates different wage specifications that have been suggested in the human capital literature. Successively accounted for are potential sources of...

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The literature has focused on motives to explain remittance behavior. But as non‐anonymous transfers, remittances are apt to be influenced by giving norms as well. We formulate an empirical specification that takes account of remittance motives involving worker‐household pairs. We find that...

This paper presents the parameter estimates of a translog variable cost function for 65 Philippine hospitals and discusses certain inferences that can be drawn from these estimates. It means to highlight three points: First, it shows how a translog cost function, which has many parameters, can...

Why has the living standard of the Philippines relative to that of the U.S. not risen unlike its Asian neighbors? Using data on national income accounts and the workforce from the Penn World Table (version 6.1) and years of schooling from Barro and Lee (2000) as well as a simple neoclassical...