This paper seeks to explain different real wage outcomes in two groups of East Asian economies: two New Industrialising Economies (NIEs: Korea and Taiwan), and three Southeast Asian economies (ASEAN-3: Malaysia, Thailand and Indonesia), all of which grew rapidly for several decades prior to the...

The relationship between income inequality and national savings is theoretically ambiguous, and past empirical studies have delivered mixed results. We revisit the question using a newly available source of data on inequality: the income share of the richest 10 percent and the richest 1 percent....

It has long been held that central bank independence (CBI) from political control is a necessary requirement to curb inflation. In recent times, however, this long held belief has been challenged. Using a recently compiled panel data set on central bank independence measures, the proposition...

Democracy and democratisation are associated with higher manufacturing wages. However, classifying a country as democratic does not highlight what institutional characteristics (if any) may be leading to higher wages within democracies. In order to shed light on this issue, this paper uses a...

Outward-oriented policy reform has attracted a large number of academics to the study of the trade-labour market nexus. One of these fields has focused on capital intensive (machinery) imports and its effect on manufacturing wages. The skill-enhancing-trade (SET) hypothesis was put forth to...

type="main" xml:id="sjpe12044-abs-0001" <title type="main">Abstract</title> <p>Getting a player like Lionel Messi in the squad would seem like a dream come true for a professional football manager, but is it always best to have top-quality players? We study the determinants of top goal-scorers’ productivity in the UEFA...</p>