A tariff-rate quota (TRQ) is a two-tier tariff. The Uruguay Round Agreement on Agriculture provides for the transformation of remaining import quotas into TRQs in order to eliminate quantity restricting import barriers to trade. However, more often than not are TRQs de-facto-quotas. The...

Maintaining today’s global imbalances would help to overcome the major disproportion of our times – income gap between developed and developing countries. This gap was widening for 500 years and only now, in the recent 50 years, there are some signs that this gap is starting to decrease. The...

Using a Markov-switching GARCH model this paper analyzes the volatility evolution of the greenback's price in gold from after the Civil War until the return to gold convertibility in 1879. The econometric inference associated with our methodology indicates a switch to a regime of low volatility...

This paper proposes a method for summarizing the pace of advancement of the foreign-born population in a given period. The method standardizes for variations in the duration of residence or age composition of immigrant groups, attainments possessed by different groups when first observed after...

This paper examines the effectiveness of the public health education and poverty relief programs prior to the New Deal. Prior researchers have speculated these programs contributed to the declining mortality rates during the 1920s, but have been unable to econometrically estimate their impact...

Internet education is soon to become the dominant form of education in the world. A lot of effort is being devoted into furthering the work methods and communication among students and professors, aimed at bettering the quality of this kind of studying. Moreover, further development of virtual...

Les mesures de productivité sont très sensibles aux conventions adoptées pour mesurer les flux de service et les coûts d'usage des facteurs fixes. Une approche reposant sur des fonctions de distance permet de mesurer la productivité sans utiliser de données sur les prix des facteurs ni des...