Recent literature suggests that inter-sectoral structural change has a negligible impact on aggregate productivity growth. Through the application of dynamic shift-share methods, this paper presents an empirical re-examination of this perspective using data for 181 European regions from 1980 to...

This special issue highlights the growing trend in applied economics research of the use and analysis of subjective concepts, such as quality of life. It contains five studies that highlight the broad range of research currently in vogue, including the valuation of protected areas, a living...

Monetary policy in Nigeria aims is to achieve price and monetary stability. During the 1980s and 1990s, monetary targeting was the dominant monetary policy framework in Nigeria. However, in 2006 the Central Bank of Nigeria (CBN) adopted the new monetary policy framework through which short-term...

This paper presents an analysis of real wages, inflation and labour productivity interrelationships using cointegration, Granger-causality and, most importantly, structural change tests. Applications of tests to Australian data over the 1965-2007 period corroborate the presence of a structural...

This paper presents an analysis of real wages, inflation and labour productivity interrelationships using cointegration, Granger-causality and, most importantly, structural change tests. Applications of tests to Australian data over the 1965-2007 period corroborate the presence of a structural...

Estimates of the demand for money provide important foundations for monetary policy setting but if the estimation technique does not explicitly account for structural changes then such estimates will be biased. This paper presents an investigation into the level and stability of money demand...

This study explores the impact of culture on participative decision making (PDM) and job satisfaction (JS) using data obtained from the European Values Study. We parameterise two different cultural variables using principal components analysis: first a continuum based on survival versus...

This paper presents an empirical investigation into the level and stability of money demand (M1) in Nigeria between 1960 and 2008. In addition to estimating the canonical specification, alternative specifications are presented that include additional variables to proxy for the cost of holding...

This paper demonstrates that the determinants of job satisfaction do not change if the worker has decision making freedom and that the impact of some individual characteristics on job satisfaction follow interesting patterns as we move through occupational statuses.

This paper presents an empirical investigation into the level and stability of money demand (M1) in Nigeria between 1960 and 2008. In addition to estimating the canonical specification, alternative specifications are presented that include additional variables to proxy for the cost of holding...