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Atlantic Economic Journal articles from December 1992
Quarterly publication provides economic developments and changes on a global level. It also publishes economists' research and book reviews.
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Atlantic Economic Journal archives from December 1992
The currency ratios 1920-80: a re-examination.
December 1, 1992... I. Introduction
The ratio of the public's desired holdings of currency to its holdings of deposits, or alternatively, to the sum of its holdings of currency and deposits is the principal determinant of the value of the money multiplier....
Joint torts and interfirm contracting.
December 1, 1992... I. Introduction
Under common law, injuries resulting from the use of defective products give rise to product liability. Such liability becomes joint when producing and marketing a product involves multiple tortfeasors acting in the furtherance...
The source of value and Ricardo: an historical reconstruction. (David Ricardo)
December 1, 1992... I. Introduction
As part of his recent survey of alternative judgements regarding Ricardo's contribution, Professor Arrow |1991, p. 73~ contends, "Ricardo's doctrines are taken to have two implications which later economists, both his immediate...
Tariffs, import quotas, and customs unions.
December 1, 1992... The differences between tariffs and import quotas in their economic effects have been extensively discussed the literature |Bhagwati and Srinivasan, 1983; Marksen and Melvin, 1988~. The purpose of this paper is to demonstrate another difference...
Incorporating inventories into supply and demand analysis.
December 1, 1992... Standard accounts of supply and demand analysis at the principles and intermediate level courses are, for the most part, very misleading. In most of these courses, supply and demand is treated as a flow concept erroneously assuming that excess...
Crime and income inequality: an economic approach.
December 1, 1992... I. Introduction
The criminology and sociology literature are rich with scholarly attempts to identify the variables affecting criminal activity, giving particular emphasis to crimes against property. Naturally, special attention has been...
The impact of big-time athletics on graduation rates.
December 1, 1992... I. Introduction
The Knight Commission Report |Keeping Faith, 1991~ reached the conclusion that the key to reform in intercollegiate athletics is a new leadership effort from college and university presidents. A rationale for imposing this...
The Political Economy of American Monetary Policy.
December 1, 1992... I. Introduction
This collection of papers compiled by Thomas Mayer is a fascinating exploration of the determinants of Federal Reserve behavior. It was a pleasure to read and review. This review essay on this volume is not the first, however....