Time-to-Degree and the Business Cycle When students themselves enjoy large degrees of freedom in determining the duration of their studies, it results in a fairly large degree of interindividual variance in terms of time-todegree. This paper investigates individual time-to-degree in a model where students determine the optimum time-to-degree whilst weighing up the cost against the consumption b...

It is extremely difficult to empirically test the impact of aid on economic growth across countries. In this paper we adopt a disaggregate approach to study the link between aid and Dutch Disease using a natural experiment in China. Specifically, we examine whether post-disaster aid provided to a subsample of Chinese counties, devastated by an earthquake, in 2008 affects the sectoral compositio...

How is long run economic growth related to the endogenous diversity of knowledge? We formulate and study a microeconomic model of knowledge creation, through the interactions among a group of heterogeneous R & D workers, embedded in a growth model to address this question. In contrast with the traditional literature, in our model the composition of the research work force in terms of knowledge ...

Built on the knowledge management and corporate growth literatures, this paper examined the antecedents of knowledge management strategy and its consequences. Grounded in the resourcebased view and corporate growth theory, this study found that a firm’s knowledge management strategy and strategic performance relate to long term corporate growth. Learning orientation has also been found relates ...

Contrary to the assertion that the entrepreneur is instrumental in small business growth, the process of growth cannot be construed as automatic. Accordingly there is a need to examine the relationships between the personal characteristics, experience, knowledge, skills and motivations of the entrepreneur in determining the strategic direction of subsequent performance of the small firm. Intera...

Maintenance of sustainable wildlife populations is one of the primary purposes of wildlife management. Thus, it is important to monitor and manage population growth over time. Sensitivity analysis of the long-term (i.e., asymptotic) population growth rate to changes in the vital rates is commonly used in management to identify the vital rates that contribute most to population growth. Yet, dyna...

In a panel framework that includes 18 countries, this paper studies the short and long run effect of financial development on economic growth and the determinants of financial development in Latin America. Financial development shows a positive effect on economic growth in the long run, but a negative effect in the short run for the full sample. When the sample is divided by income levels, this...

(ISHRAT HUSAIN) Most of the attention on Islamic finance has so far been focused on the regulatory framework, products and services offered, comparability with conventional finance, risk management characteristics, Shariah compliance, and expansion and penetration issues. Very little work has been done to explore the unique features of Islamic finance for the larger good of the society particul...

It is often claimed that entrepreneurship is indispensable for economic growth and development. These claims are mostly generated by scholars working in the field of entrepreneurship and management studies. In contrast, development economics scholars seem to be less concerned about entrepreneurship in the development process Who is right? I show that the arguments and evidence marshalled so far...