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Why have some countries done so much better than others over the recent past? In order to shed new light on this issue, this paper provides a decomposition of the change in the distribution of output-per-worker across countries over the period 1960-98
4 September 2004
1 September 2004
It is shown that a general form of pessimistic portfolio optimization based on the Choquet approach may be formulated as a problem of linear quantile regression.
1 September 2004
Many readers are no doubt currently deciding whether or not to attend higher education.
1 September 2004
This paper reviews the normative welfare economic literature on income-based targeting and contrasts its assumptions with those underlying current policy discourse.
1 September 2004
This paper addresses two sets of issues relevant to current and prospective future E(M)U members.
1 September 2004
We use Family Resources Survey data from April 1997 to March 2000 to investigate patterns of pensioner take-up of income support (IS) (subsequently renamed the minimum income guarantee and now subsumed in pension credit), housing benefit (HB) and council tax benefit (CTB).
1 September 2004
During the last decade, the Italian system of intergovernmental fiscal relations has been involved in a radical process of reform that is still under way.
1 September 2004
1 September 2004
In July 1944, delegationsfrom 44 countries gathered in theNew Hampshire resort of BrettonWoods to lay the institutionalfoundations for the post-war eco-nomic order.
1 September 2004
The 2004 spending review was never likely to contain any surprises.
1 September 2004
A nonparametricmodel of the wealth effect on self-employment is estimated using micro data on theoccupational choices of return migrants in Tunisia.
1 September 2004
This paper examines changes in the distribution of wages using bounds to allow for the impact of non-random selection into work.
1 September 2004
19 August 2004
Like the discovery that Britain's railways are as vulnerable to the sun as to wet leaves or the wrong sort of snow, reports that Gordon Brown has warned Cabinet ministers to expect tough public spending negotiations should hardly come as a surprise.
10 August 2004
This paper examines the socio-economic consequences of teenage motherhood for a cohort of British women born in 1970.
10 August 2004
This paper uses cross section data to investigate whether the returns to education vary with the level of ability. Using a measure of cognitive ability based on tests taken at ages 7 and 11 we find, unlike most of the existing literature, clear evidence that the return to schooling is lower for those with higher ability indicating that education can act as a substitute for observed ability.
9 August 2004
Developing quality indicators for older adults: transfer from the USA to the UK is feasible
1 August 2004
We investigate the effects of the drastic tariff reductions of the 1980s and 1990s in Colombia on the wage distribution.
1 August 2004
Many conservative MPs and candidates were horrified at their party's dismal results in last month's by-elections.
1 August 2004