The paper furthers the neoclassical theory of earnings inequality. The inequality multiplier is derived as the amount by which inequality in skills must be multiplied to yield earnings inequality. Neutral technological change and the real interest rate affect inequality by changing capital per worker. The effect of capital per worker on the inequality multiplier is related to skill differential...

In skill-biased (de-skilling) technological revolutions learning investments required by new machines are greater (smaller) than those required by preexisting machines. Skill-biased (de-skilling) revolutions trigger reallocations of capital from slow(fast-) to fast(slow-) learning workers, thereby reducing the relative and absolute wages of the former. The model of skill-biased (de-skilling) re...

Voluntary associations are often ascribed a fundamental role in the formation of social capital. However, scholars disagree on the extent to which face-to-face contact, i.e. active participation, is necessary to create this resource. The impact of participation in associations on social capital is examined using three dimensions: intensity (active vs. passive participation), scope (many vs. few...

The study was conducted to evaluate the impact of the global financial crisis on social capital formation in Malaysia in 2009. The results are based on data collected from survey of Malaysian low-income households carried out in January 2010. The study employed a multiplicity of econometric and statistical techniques to identify factors that influenced social capital declination, which appears ...

This paper studies optimal pay-as-you-go social security with positive bequests and endogenous fertility. With an investment externality, a competitive solution without social security suffers from under-investment in capital and over-reproduction of population. We show that social security can improve welfare by reducing fertility and increasing capital intensity. We also illustrate numericall...

Social capital is a multi-faceted phenomenon in social sciences that massively affects many social fields. It can be a helpful factor in promoting health. Among the groups with high burnout, nurses have always shown higher levels of burnout. Studies have revealed that social capital can be an important factor affecting burnout. This study aimed to determine the extent of the effect of social ca...

Using China’s provincial economic and pollution data from 1992 to 2008, we employ data envelope analysis (DEA) and econometric analyses to explicitly estimate technical efficiency and examine the role of technical efficiency, pollution control instruments (pollution levy and pollution quantity control), and prices of production inputs on pollution intensity. We find that an increase of labor wa...

We investigate Spanish manufacturing firms’ global sourcing decisions with regard to their ownership structure and their locational choice of intermediate input production by exploring a firm-level panel data set covering the years 2000-2007. We distinguish four sourcing categories (foreign integration, foreign outsourcing, domestic integration, domestic outsourcing) thus providing a much more ...

Retail inventory productivity is of considerable interest to retailers, manufacturers and distributors who service them, and stock market analysts. Inventory turnover is frequently used to measure inventory productivity. We find wide variation in inventory turnover across retailers and over time. The causes of this variation have not been studied systematically to our knowledge. We develop a lo...