The paper is based on some key findings of a wider 3-year research study funded by Research Consortium on Educational Outcomes and Poverty (RECOUP). This in-depth qualitative study used multiple case study method to capture ...

This study explores firms’ leverage behavior and speed of adjustment in the context of selected performance indicators in Pakistan’s manufacturing industry. Leverage behavior is predicted using ordinary least squares, based ...

The main focus of this paper is to measure the speed of adjustment of the exchange rate by means of the persistent profile approach developed by Pesaran and Shin (1996) to examine the symmetry and proportionality assumptions ...

The Arbitrage Pricing Theory (APT) of Ross [1976] is one of the most important building blocks of modern asset pricing theory, and the prime alternative to the celebrated Capital Asset Pricing Model (CAPM) of Sharpe [1964], ...

In recent years, the sensitive issue of child labour has received world-wide attention and has become the focus of serious discussion in developing as well as developed countries. Any exact information on child labour ...

In the last five years (2002-2007) under the directions of the Higher Education Commission, Islamabad, a process of transforming Universities within Pakistan into research oriented Universities has been initiated. What ...

Of all mankind’s adventures in search of peace and justice, arbitration is amongst the earliest. Long before law was established, or courts were organised, or judges had formulated principles of law, man had resorted ...

This paper estimates the Mincer wage model for Pakistan’s labor market, using a relatively recent dataset and new independent variables. We employ instrumental variables and two-stage least squares to address the problem ...

This paper shows that inequality in consumption expenditure in Pakistan improved slightly between 1992/93 and 2004/05, and that the extent of inequality in food consumption has remained substantially lower than in ...

A fascinating example of the fluctuating fortunes of Pakistani exports is that of the footballs produced by a cluster of manufacturers in Sialkot. Dominated by Pakistani firms, the sector is now under heavy threat from ...