‘You’ve infected a computer, locked it down and demanded a ransom. Congratulations, you’re a cybercriminal. The bad news is that you’re doing a terrible job … Read more
Category: Research
Female relative wages, household specialization and fertility
Falling fertility rates have often been linked to rising female wages. However, over the last 40 years the US total fertility rate has been rather … Read more
Economics of Development
The 10th edition of Professor Tony Thirlwall’s textbook, Economics of Development: Theory and Empirics, now co-authored with Dr Penélope Pacheco-López, is published this month by Palgrave-Macmillan … Read more
Regional business cycle and growth features of Japan
by Masaru Inaba and Keisuke Otsu, discussion paper KDPE 1705, March 2017. Non-technical summary The objective of this paper is to construct a dataset of Japanese … Read more
Bangladesh’s new child marriage law swings in the wrong direction
A report by the School’s Dr Zaki Wahhaj and Dr M Niaz Asadullah from the University of Malaya has been published in The Conversation on Bangladesh’s new child … Read more
Why does the productivity of investment vary across countries?
by Kevin S. Nell and A. P. Thirlwall, discussion paper KDPE 1703, March 2017. Non-technical summary ‘New’ (endogenous) growth theory seeks to explain growth rate differences between countries … Read more
Choosy consumers drive a near 1000% spike in vanilla prices
“If you had been a canny investor back in 2008, you could have done a lot worse than make a substantial bet on upmarket ice … Read more
Appropriate technology and balanced growth
In macroeconomics, we typically model production by specifying a ‘production function,’ which tells us how much output is produced with given quantities of the ‘factors … Read more
Targeted fiscal policy to increase employment and wages of unskilled workers
by Konstantinos Angelopoulos, Wei Jiang and James Malley, discussion paper KDPE 1704, January 2017. Non-technical summary The evolution of inequality has been well documented in the data. … Read more
The willingness to pay for organic attributes in the UK
by Adelina Gschwandtner and Michael Burton, KDPE 1702, January 2017. Non-technical summary The main objective of the present project is to analyse and understand what … Read more