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Although a considerable body of literature has examined the determinants of farm production, little is known about the role of the farmers’ pension program. This study contributes to this knowledge ga...
The last several decades have seen dramatic increases in overall medical spending as a share of GDP. While debate continues about the exact source of this increased spending, evidence suggests that it...
Our paper contributes to the studies on the relationship between workers' human capital and their decision to become self-employed as well as their probability to survive as entrepreneurs. Analysis fr...
Th is study investigates the evidence of the export-led growth in major rice exporting countries using the extended production model. In addition, a special attention is paid to sectoral exports, whic...
This paper analyses the impact of services trade on the labor-demand elasticities of service sector with the data of China from 1982 to 2009.we find that: 1) First, no matter in the long run or in the...
Knowledge that has been accumulated through research efforts concerning credit card ownership and usage behaviour has been confined to Western societies. Given the importance of cross-national applica...
This paper documents the magnitude of deviation of common stock market values from intrinsic values estimated using the constant growth dividend valuation model. The constant growth model is widely ...
A base line estimate of eligibility would be useful in assesing whether economic reforms can indeed achieve higher eligibility.In this paper I estimate the technical eligibility of Bulgarian and Roman...
Aggregate domestic investment in People’s Republic of China is empirically modeled using quarterly data for the period 1994-2001. The total investment is disaggregated into two parts: business sector ...
he reform of China’s state-owned enterprises (SOEs) has been characterized by a gradual and selective approach. In fact there was no privatization at all until mid 1990s, some fifteen years after Chin...
In this paper a type of Heath, Jarrow and Morton (1992) (HJM) based affine model is derived theoretically. This type of affine model is obtained by applying Linear Realization Theory to construct Fini...
This article provides a survey on term structure models designed for pricing fixed income securities and their derivatives. 1 The past several decades have witnessed a rapid development in the fixed-i...
Nowadays, earnings management is a hot issue, but most of the researches focus on the incentives of earnings management and few of them refer to the effect of audit quality on earnings management. In ...
We examine how entrepreneurship and institutional and policy reforms affect development (proxied by the rate of growth in per–capita inc ome). We do so by performing Arellano - Bond GMM estimations o...
What is the relation between the stock market and income distribution? There are many potential links between the two, some of which associated with the relations of each of these with the rate of eco...

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