JEL Classification Code(s): J 31, J 71) "Perceptions of Discrimination, Effort to Obtain Psychological Balance, and Relative Wages: Can We Infer a Happiness Gradient?" There is a substantial literature that finds a linkage between happiness and relative economic well being as measured by earnings or wages. There is also a well documented racial gap in wages. One explanation for this is disparat...

We examine the relationship between real and financial integration. Real integration is measured by productivities of capital and labor from trade data for 1982 to 1997. Financial integration is measured by the black market exchange rate. We find more evidence of convergence to equality for returns to capital than for returns to labor. There is some support for associating the convergence of bl...

This paper contributes to the flourishing literature on exports and productivity by using a unique newly available panel of exporting establishments from the manufacturing sector of Germany from 1995 to 2004 to test three hypotheses derived from a theoretical model by Hopenhayn (Econometrica 1992): (H1) Firms that stop exporting in year t were in t-1 less productive than firms that continue to ...

Introduction The Water Gas Shift Reaction (WGSR), an important industrial reaction for the production of chemicals and/or hydrogen, is expected to play a key role in the integration of gasification technologies with a H2 production/recovery unit. The effluent stream of the gasifier, mainly H2, CO and CO2 at high pressure (up to 30 atm) and temperature (up to 1000C), will be directed to the wate...

In this research, the performance and kinetics of an iron/manganese oxide catalyst in a fixed-bed reactor by Fischer-Tropsch Synthesis is studied. The range of operating conditions are; P = 1 – 12 bar, T = 513 - 553 K, H2/CO ratio = 1 - 2 and GHSV = 4200 – 7000 ((〖cm〗^3 (STP))/h/g_cat). The effect of these independent variables, on Fischer-Tropsch product were performed by using a statistical m...

During the feudal Edo period (1603-1868) in Japan, the shogunate government relied for regional control on hereditary feudal barons as well as its own bakufu bureaucracy. Compared with hereditary lords, bakufu officials had shorter and uncertain tenure. Examining easily available historical data, the paper finds that regions ruled by bakufu bureaucrats are associated with (a) slower population ...

The paper examines welfare improving and revenue neutral directions marginal policy reforms for an economy with nonidentical individuals and an externality that has a feedback effect on the consumption of taxed goods. It considers three types of policy instruments: the indirect taxes, the uniform poll transfer and public abatement. This extends the framework set up by Ahmad and Stern (1984), Bo...