4 articles in this issue
Joniada Milla
This paper surveys the recent empirical literature on wage premium to university selectivity, and provides new evidence to this literature on a country such as Canada that has a distinct higher education system from those already analyzed. I estimate the ... see more
David Andolfatto
A wide range of heterodox theories claim that banks are special because they create money in the act of lending. Put another way, banks can create the funding they need ex nihilo, whereas all other agencies must first acquire the funding they need from ot... see more
Willem Spanjers
For an economy with dysfunctional intertemporal financial markets the financial sector is modelled as a competitive banking sector offering deposit contracts. In a setting related to Allen and Gale (JoF, 1998) properties of the optimal liquidity provision... see more
Marwa Biltagy, Mervat Taha
This study investigates the hypothesis that raising wage could reduce administrative corruption. We use experimental methodology applied to 120 participants to test two hypotheses. The first hypothesis is that the higher the wage, the lower the rate of ac... see more