s: In this paper, our focus is to see the impact of imperfect international capital mobility on tariff adjustment process between two countries. Assuming complete specialization of each country, the results show that the existence of an imperfect international capital market may trigger a gradual tariff adjustment. That is, when it takes time and causes idle capital in reallocating capital betw...

Ever since Mincer, years of labour market experience were used to approximate individual’s general human capital, while years of seniority were used to approximate job-specific human capital. This specification is restrictive because it assumes that starting wages at a new job depend only on job market experience. In this paper, I investigate the effects of human capital on wage growth by using...

Spatial mobility is considered a valuable resource for social mobility. Yet, we still have an insufficient understanding of the extent to which and under what conditions geographical movement across national borders represents asset advancement. Addressing this research gap, offer theoretical contribution fields transnationalism, migration/mobility, geography. We focus on 86 cross-border migran...

The purpose of this study is to offer a multi-disciplinary framework to examine the continuing digital participation divide and within-group use variance among millennials. We focus on millennials due to the size of their population segment. We further critically examine assumptions of homogeneous adoption of emerging Information and communication technologies (ICTs) among “digital natives.” We...

Many political economists believe that competition among countries—or regions within them—to attract mobile capital disciplines their governments, motivating them to invest more in infrastructure, reduce waste and corruption, and spend less on non-productive public goods. The result should be convergence on business-friendly policies and clean government. This expectation informs debates on bot...

We show that monetary integration may result in higher capital taxes. The reason is that taxation of mobile capital in a common currency area may give rise to a vertical externality by shrinking the revenues of the anchor central bank from issuing the common currency. As mobility of tax bases, like capital, gives also rise to horizontal tax inefficiencies, the question arises as to whether inst...

We show that frictions in labor and capital markets can be a source of competitive advantage for a¢ liates of corporate groups over standalone …rms in environments where bene…ts from internal markets’‡exibility are high. We argue that the advantage of ‡exibility in changing labor inputs is related to how di¢ cult it is to change capital inputs. We predict that if substituting labor with capital...

Student turnover has many negative consequences for students and schools, and the high mobility rates of disadvantaged students may exacerbate inequality. Scholars have advised schools to reduce mobility by building and improving relationships with and among families, but such efforts are rarely tested rigorously. A cluster-randomized field experiment in 52 predominantly Hispanic elementary sch...

Recent theoretical work hypothesizes that a polarized society like South Africa will suffer a legacy of ineffective social capital and blocked pathways of upward mobility that leaves large numbers of people trapped in poverty. To explore these ideas, this paper employs a mix of quantitative and qualitative methods. Novel econometric analysis of asset dynamics over the 1993 to 1998 period identi...

Individuals differ in both inherited and acquired abilities, but only the latter differ among countries and time periods. Human capital analysis deals with acquired capabilities which are developed through formal and informal education at school and at home, and through training, experience, and mobility in the labor market. Just as accumulation of personal human capital produces individual eco...