Atlantic Economic Journal articles from December 2007

Atlantic Economic Journal archives from December 2007

BEST ARTICLE AWARD.
December 1, 2007... The Atlantic Economic Journal is proud to announce that the winner of the Best Article Award for 2006 is Miguel Lebre de Freitas of Universidade de Aveiro and NIPE, Portugal. His paper entitled, "Currency Substitution and Money Demand in...

Basel II and bankers' propensity to take or avoid excessive risk.(Report)
December 1, 2007... Both Basel I and Basel II are concerned (indeed, obsessed) with risk taking by bankers. But risk is an essential part of banking. Bankers who forebear from making loans and other investments because they might incur losses serve neither their...

Basel-II: international competition issues.(Report)
December 1, 2007... The Perception of Basel-II When discussing Basel-II (Basel Committee on Banking Supervision 2003), there are several sources of error in the common perception of the new regulatory framework. Most people think of Basel-II as a very...

Implications of Basel II for different bank ownership patterns in Europe.(Report)
December 1, 2007... Introduction Basel II represents a sea change in the regulation of capital adequacy. It alters the managerial frame of reference for banks in many ways. While the new Accord better recognizes market realities and promises to narrow...

Connecting national safety nets: the dialectics of the Basel II contracting process.(Report)
December 1, 2007... Dialectics is the art or practice of trying to reconcile contradictory ideas. Contracting is a sequential process that employs the dialectics of multiparty give and take to fashion a deal that--to a mutually acceptable degree--can accommodate...

The rocky road to implementation of Basel II in the United States.(Report)
December 1, 2007... The US regulatory authorities have played a leading role in the development of Basel II, the proposal for strengthening risk-based capital requirements for internationally active banks. (1) The initiative began while William McDonough, then...

A new EU member country on the road to the Euro area: monetary and fiscal policies for Slovenia.(Report)
December 1, 2007... Introduction May 1, 2004, Slovenia joined the European Union together with nine other countries, seven of which are Central and Eastern European. Although trade barriers were removed to a large extent already during the accession...

Realism versus statistical efficiency: a note on contingent valuation with follow-up queries.(Report)
December 1, 2007... Introduction The contingent valuation method is nowadays a common practice in many fields. In the absence of market prices contingent valuation methods propose to ask individuals to express their preferences asking hypothetical questions...

Consistency or heroics: skewness, performance, and earnings on the PGA TOUR.
December 1, 2007... Introduction PGA TOUR professional golfers play in tournaments where the payment structure to the winners is decidedly nonlinear. This payment structure disproportionately rewards superlative performance and brings forth more effort as...

Input-output and general equilibrium models for hull and Humber region in England.(Report)
December 1, 2007... Introduction Humber region, consisting of Hull, East Riding, North Lincolnshire and North East Lincolnshire counties in the North and South sides of Humber estuary as shown in the map below, is one of the dynamic sub-regions in the North...

Redefining health care: creating value-based competition on results.(Report)
December 1, 2007... Michael E. Porter and Elizabeth Olmsted Teisberg, Boston, MA, Harvard Business School Press, 2006, pp. 506 Introduction The United States health care system has more competition than any other in the world. However, the system is...

Information sharing on examinations.(ANTHOLOGY)
December 1, 2007... Given the right incentives, individuals may share valuable information even when such sharing would not otherwise be in their self-interest. For example, consider examinations administered to multiple sections of the same course. Short of...

The risk of underestimating product demand.(ANTHOLOGY)(Report)
December 1, 2007... JEL Classification D11 * C15 * D81 * G11 * M31 When a new product is to be launched the extent of demand for the product must be ascertained. The approach here is theoretical and relies on the specification of a utility function. The thesis...

Decision under uncertainty: cheap talk versus real money.(ANTHOLOGY)
December 1, 2007... JEL Classification C91 Experimental and survey data play an important role in understanding the rationale behind individual decision making. Since limited funding precludes researches from running experiments with hundreds or thousands...

Work incentives and salary distributions in major league baseball.(ANTHOLOGY)
December 1, 2007... Baseball fans complain about the extraordinary sums of money team owners spend to sign free agents. The size of these superstar contracts may not only anger veterans on the team, but adversely affect overall team performance (Wiseman, F., &...