Nanyang Technolgical University, School of Humanities and Social Sciences, Economic Growth centre

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Series handle: repec:nan:wpaper

• 0906 This paper investigates the developments in wage inequality in Indonesia over two time periods, 1994 to 2001 and 2001 to 2007. Wage changes are decomposed at the mean as well along the wage distribution. While mean earnings increased by about 35 percent between 1994 and 2001, they grew moderately between 2001 and 2007, with the increase for male workers being near zero. In the first period, the substantial growth in the earnings of workers has contributed to moderately reducing earnings inequality, a development driven by the effect of coefficients (“prices”). However, in the more recent period, wage inequality increased sharply, with workers at the bottom 20 percent of the earnings distribution experienced a decline in earnings while workers at the top of the earnings distribution enjoyed a significant increase in earnings. These results are attributed to the return to earnings generating characteristics which increased sharply at higher deciles of the earnings distribution
  by Chris SAKELLARIOU [Downloadable!]
• 0905 Trade Cycles in a Re-export Economy: The Case of Singapore
  by CHOY Keen Meng [Downloadable!]
• 0904 Price-taking Strategy Versus Dynamic Programming in Oligopoly
  by HUANG Weihong [Downloadable!]
• 0903 Relative Profitability of Dynamic Walrasian Strategies
  by HUANG Weihong [Downloadable!]
• 0902 Global Yield Curves and Sovereign Bond Market Integration
  by ZHU Xiaoneng & Shahidur RAHMAN [Downloadable!]
• 0901 This paper presents and estimates a regime switching macro-finance model of the term structure with latent and macroeconomic factors. The joint dynamics of the yield and macro factors are examined simultaneously. Both the canonical yields-only model and the macro-finance model capture two regimes in the state equation that relate to a turbulent period and a tranquil period. Statistically, the formal tests indicate signi?cant bidirectional linkages between the yield curve and economic activity. I also examine how the yield factors respond to shocks to the macro factors and the feedback of the macro factors to the yield curve. Finally, I find that the theoretical level implied by the expectations hypothesis is a good approximation of the actual level factor in the regime-shifting macro-fi?nance model framework
  by ZHU Xiaoneng & Shahidur RAHMAN [Downloadable!]

• 0805 Demand for Skills, Supply of Skills and Returns to Schooling in Cambodia
  by Chris SAKELLARIOU [Downloadable!]
• 0804 Linking South Asia with East Asia: Trends, Potential, and Policies
  by Pradumna B. Rana [Downloadable!]
• 0803 Intergenerational Earnings Mobility in Singapore and the United States
  by Irene YH Ng & Xiaoyi Shen & Kong Weng Ho [Downloadable!]
• 0802 Forecasting Business Cycles in a Small Open Economy: A Dynamic Factor Model for Singapore
  by Hwee Kwan Chow & Keen Meng Choy [Downloadable!]
• 0801 The Role of Families in Shaping Youth Social Participation: Evidence from Singapore
  by Irene Y.H. Ng & Kong Weng Ho & K.C. Ho [Downloadable!]

• 0707 Banking Reform in China: An Assessment in Macroeconomic Perspective
  by Beoy Kui Ng [Downloadable!]
• 0706 Autarkic Indeterminacy and Trade Determinacy
  by Nicholas C.S. Sim & Kong-Weng Ho [Downloadable!]
• 0705 Indeterminacy and Market Instability
  by Nicholas C.S. Sim & Kong-Weng Ho [Downloadable!]
• 0704 A Study of Pricing Evolution in the Online Toy Market
  by Zhenlin Yang & Lydia Gan & Fang-Fang Tang [Downloadable!]
• 0703 Impact of A Rising Chinese Economy and ASEAN’s Responses
  by Yunhua Liu & Beoy Kui Ng [Downloadable!]
• 0702 Risk and Predictability of Singapore’s Direct Residential Real Estate Market
  by Qin Xiao & Weihong Huang [Downloadable!]
• 0701 Economic Integration in East Asia: Trends, Prospects, and a Possible Roadmap
  by B. Rana Pradumna [Downloadable!]

• 0611 Business Cycles in a Small Open Economy: Stylized Facts from Singapore
  by Keen Meng Choy [Downloadable!]
• 0610 Credit Card Selection Criteria: Singapore Perspective
  by Lydia L. Gan & Ramin Cooper Maysami [Downloadable!]
• 0609 The Welfare Effects of Monopoly Innovation
  by Shuntian Yao & Lydia L. Gan [Downloadable!]
• 0608 A New Approach to Detect Spurious Regressions using Wavelets
  by Chee Kian Leong & Weihong Huang [Downloadable!]
• 0607 Innovation, Imitation and Entrepreneurship
  by Grace Li Ann Yong & Kong Weng Ho [Downloadable!]
• 0606 Growth Accounting for a Follower-Economy in a World of Ideas: The Example of Singapore
  by Kong Weng Ho & Hian Teck Hoon [Downloadable!]
• 0605 China’s “Triangle of Woes” and Its Impact on Financial Stability
  by Beoy Kui Ng & Andreas Thorud [Downloadable!]
• 0604 A Comparative Simulation Study of Fund Performance Measures
  by Zhangpeng Gao & Shahidur Rahman [Downloadable!]
• 0603 A New Direction of Fund Rating Based on the Finite Normal Mixture Model
  by Zhangpeng Gao & Shahidur Rahman [Downloadable!]
• 0602 Markov-switching Unit Root Test: A study of the Property Price Bubbles in Hong Kong and Seoul
  by Qin Xiao & Randolph Gee Kwang Tan [Downloadable!]
• 0601 Signal Extraction with Kalman Filter: A Study of the Hong Kong Property Price Bubbles
  by Qin Xiao & Randolph Gee Kwang Tan [Downloadable!]

• 0513 Profiles, Use, and Perceptions of Singapore Multiple Credit Cardholders
  by Lydia L. Gan & Ramin C. Maysami & Hian Chye Koh [Downloadable!]
• 0512 Government Spending, Money Seigniorage and Macroeconomic Instability
  by Kim-Heng Tan [Downloadable!]
• 0511 Impacts of Ageing Population on Monetary and Exchange Rate Managements in Singapore
  by Paul S. L. Yip & K. C. Tan [Downloadable!]
• 0510 Longitudinal Data Analysis
  by Cheng Hsiao [Downloadable!]
• 0509 Should China Let Her Exchange Rate Float? — the Experience of Developing Countries
  by Cheng Hsiao & Siyan Wang [Downloadable!]
• 0508 The Profiles of Software Pirates among Tertiary Institutions in Singapore
  by Lydia L. Gan & Hian Chye Koh [Downloadable!]
• 0507 An Alternative Estimation to Spurious Regression Model
  by Shahidur Rahman [Downloadable!]
• 0506 Globalization and the Rise of China: Their Impact on Ethnic Chinese Business in Singapore
  by Beoy Kui Ng [Downloadable!]
• 0505 On the Maintenance Costs and Exit Costs of the Peg in Hong Kong
  by Paul S. L. Yip [Downloadable!]
• 0504 Competition between highway operators: can we expect toll differentiation?
  by Paul Calcott & Shuntian Yao [Downloadable!]
• 0503 Exchange-Rate Systems and Interest-Rate Behaviour: The Experience of Hong Kong and Singapore
  by Y. K. Tse & S. L. Yip [Downloadable!]
• 0502 Profitability of Vocational vs. Formal Education for Men and Women in Singapore Using Quantile Regressions
  by Chris Sakellariou [Downloadable!]
• 0501 Heterogeneity in the Returns to Education and Experience: Evidence from a High and a Low Income S.E. Asian Country
  by Chris Sakellariou [Downloadable!]

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This page was last updated on 2009-11-4.