U.K. World War I and Interwar Data for Business Cycle and Growth Analysis

This article contributes new time series for studying the U.K. economy during World War I and the interwar period. The time series are per capita hours worked and average tax rates of capital income, labor income, and consumption. Uninterrupted time series of these variables are provided for an annual sample that runs from 1913 to 1938. We highlight the usefulness of these time series with several empirical applications. We use per capita hours worked in a growth accounting exercise to measure the contributions of capital, labor, and productivity to output growth. The average tax rates are employed in a Bayesian model averaging experiment to reevaluate the Benjamin and Kochin (1979) regression

Política etnorreligiosa, conflito intra-estatal e o futuro da democracia na Costa do Marfim Ethno-religious politics, intra state conflict and the future of democracy in Côte d'Ivoire

Este artigo utiliza o método descritivo para analisar as origens e o caráter aparentemente intratável, mas evitável, dos fatores ancilares que implicaram a derrocada da Costa do Marfim, que já foi uma ilha de estabilidade política, uma vitrine de prosperidade econômica e de sucesso em uma África Ocidental mergulhada em guerras civis. O artigo investiga as políticas dos Estados colonial e pós-colonial até a morte do presidente Félix Houphouët-Boigny, a era pós-Houphouët e suas crises política e socioeconômica, e a má administração do legado de Boigny, que levaram ao conflito interno. As conseqüências da disputa interna também são investigadas nos níveis nacional e sub-regional, assim como as resoluções dos conflitos por meio das ineficientes iniciativas de paz de Accra que, inexoravelmente, levariam às conversas de paz de Lina-Marcoussis. Os resultados das negociações, a participação de poderes não africanos e o futuro da democracia na Costa do Marfim também são investigados.<br>This paper uses descriptive method to analyse the origin and the seemingly intractable but avoidable ancillary factors that plunged Côte d'Ivoire, which was once the island of political stability, the showcase of economic prosperity and success in West Africa in the fangs of civil war. The paper surveys the policies of the colonial and postcolonial state till the death of President Félix Houphouët-Boigny, the post-Houphouët era and its lot of political and socio-economic upheavals and the mismanagement of the legacies of Boigny that led to the internal conflict. The consequences of the civil strife are also surveyed at the national and sub-regional levels as well as the resolutions of the conflict through the botched Accra peace initiatives that inexorably led to the Lina-Marcoussis peace talks. The aftermath of the negotiations and the involvement of extra-African powers and the future of democracy in Côte d'Ivoire are also looked into

Corporate Governance, Ethics, and the Backdating of Stock Options

corporate governance, directors, agency problem, values, norms, backdating stock options,