Recent findings in social cost of tobacco for NSW For the financial year 1998–99, the social cost of tobacco use in NSW was estimated to be $6.6 billion. This figure includes the tangible costs of tobacco use (such as net labour costs to the workforce and household, health care costs and resources used in tobacco consumption) and intangible costs. The estimated intangible social costs of tobacc...

It has been suggested that sub-Saharan Africa will not be a significant exporter of manufactured goods because it lacks the necessary skills. Wood 1994 argues that Africa can only export unskilled labour intensive manufactures, as unskilled labour is relatively abundant. Elsewhere it has been argued that African exports will be dominated by natural resource intensive goods, and that manufacturi...

What Did All the Money Do? On the General Ineffectiveness of Recent West German Labour Market Programmes We provide new evidence on the effectiveness of West German labour market programmes by evaluating training and employment programmes that have been conducted 2000-2002 after the first large reform of German labour market policy in 1998. We employ exceptionally rich administrative data that ...

Over recent years many European Union countries have made changes to the design of the maternity leave provision. These policy developments reflect calls for greater gender equality in the workforce and more equal share of childcare responsibilities. However, while research shows that long period of leave can have negative effects on women's labour market attachment and career advancements, ear...

Labour and the Market Value of the Firm What role does labour play in firms’ market value? We explore this question using a production-based asset-pricing model with frictions in the adjustment of both capital and labor. We posit that hiring of labour is akin to investment in capital and that the two interact, with the interaction being a crucial determinant of market value behaviour. We use ag...

What Did All the Money Do? On the General Ineffectiveness of Recent West German Labour Market Programmes We provide new evidence on the effectiveness of West German labour market programmes by evaluating training and employment programmes that have been conducted 2000-2002 after the first large reform of German labour market policy in 1998. We employ exceptionally rich administrative data that ...

Russia is one of the world’s major sources of carbon based energy as well as one its most intensive users. Introducing carbon taxes can lead to a reduction in emissions and encourage investment in energy efficiency. We investigate the economic effects of carbon taxes on the Russian economy under perfect competition and a Cournot oligopoly in output markets. The main findings are: (i) substituti...