To clarify the causal links between financial activity and economic growth, three theoretical models are analyzed and a structural equation path models is estimated. In the modeling part, poverty traps result from large fixed costs or high proportions of real investment to run a financial sector. Human capital allocated to financial activities will improve long-run levels but may reduce growth ...

What are the impacts on household incomes of the major economic downturn that occurred in almost all OECD countries starting in late 2007? This paper is a condensed version of a public lecture given at the University of Melbourne in honour of R. I. Downing. It draws on a study of 21 rich countries using data from national accounts, household surveys, and other sources. The headline findings are...

Flexibility vs. Rigidity: Does Spain have the worst of both Worlds? In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We characterize a number of empirical regularities and stylized facts. One striking result is that the job finding rate is slightly higher than in France, while the jon loss rate is much higher, putting Spain half-way be...

This article presents an analysis of the current tenets Social teachings Catholic Church and their possible compatibility with free market theory practice. According to Author, Austrian School Economics, around creative entrepreneurship dynamic efficiency, can provide a new fruitful nexus between market.
 Key words: Doctrine, market, classical liberalism, entrepre-neurship, School.
 J...

The nonlinear convectively coupled character of the summer monsoon intraseasonal oscillation (ISO) that manifests in its event-to-event variations is a major hurdle for skillful extended-range prediction of the active/break episodes. The convectively coupled character of the monsoon ISO implies that a particular nonlinear phase of the precipitation ISO is linked to a unique pattern of the large...

The paper presents a corpus of text data and its corresponding gaze fixations obtained from autistic and non-autistic readers. The data was elicited through reading comprehension testing combined with eye-tracking recording. The corpus consists of 1034 content words tagged with their POS, syntactic role and three gaze-based measures corresponding to the autistic and control participants. The re...

A s Editor I have from time to time in this column offered advice to authors on the desirable elements of a good research report. Like contrary children, for some authors such advice seems to vanish like smoke in a wind. So I take here a different approach, based on the idea that some folks have a knack for doing the opposite of what is recommended to them (like contrary children). I present so...

PUBLIC HEALTH SURVEILLANCE is the ongoing, systematic collection, analysis, interpretation, and dissemination of data regarding a health-related event that enables public health authorities to reduce morbidity and mortality.1 Surveillance serves many public health functions—for example, estimating the burden of a disease or injury, portraying the natural history of a condition, determining the ...

Publication selection bias represents one of the most serious challenges to the integrity of empirical economics. We develop Heckman regression methods to solve this potentially persistent problem and apply these meta-regression methods to seventy five empirical estimates from the efficiency-wage literature. Although many researchers find mixed or ambiguous support for the efficiency wage hypot...