Alluding to theories about relative economic status and behavior, this paper studies if relative income mobility, or the intergenerational change in income positions, affects interpersonal trust. Empirically, the question is brought down to an application with US General Social Survey data. For...

The paper is devoted to an econometric analysis of learning foreign languages in all parts of the world. Our sample covers 193 countries and 13 important languages. Four factors significantly explain learning, two of which affect the broad decision to learn, while two concern as well the choice...

The study empirically examines the causes of poor academic performance of the students in the native area, Ward 6, enrolled at Gokomere High School, Matova Secondary School, St Stanslous Secondary School and Chidzikwe Secondary School using Ordinary Least Squares approach for a sample of 200...

The paper is devoted to an econometric analysis of learning foreign languages in all parts of the world. Our sample covers 193 countries and 13 important languages. Four factors significantly explain learning, two of which affect the broad decision to learn, while two concern as well the choice...

Are budget deficits bad for an economy? This question has perplexed economists for centuries. Essentially, there are three schools of thought on this matter. One school takes the position that deficits have adverse influence on inflation, interest rates and private investment. Also, as yearly...

Historical events are reflected in asset prices. In this paper, we analyse government bond prices of Germany and Austria traded on the Swiss bourse during WWII. Some war events that are generally considered crucial are clearly reflected in government bond prices. This holds, in particular, for...

We examine what factors affect the degree of price discrimination for an academic journal by analyzing data on 190 of the 208 economics journals indexed in the 2008 edition of Journal Citation Reports. We find that (1) the library-to-individual price ratio of a for-profit journal is 37% higher...