Atlantic Economic Journal articles from June 1990

Atlantic Economic Journal archives from June 1990

Applied fix-price macro models: a reconsideration.
June 1, 1990... Applied Fix-Price Macro Models: A Reconsideration I. INTRODUCTION Over the last 15 years the fix-price disequilibrium method of analysis, pioneered by Barro and Grossman [1971], has provided a major avenue of research for economists...

Best log-linear index numbers of prices and quantities.
June 1, 1990... Best Log-Linear Index Numbers of Prices and Quantities I. Introduction In many areas of economic research, aggregation of commodities into index numbers is essential to develop models of manageable size and to obtain reliable...

Some experimental evidence regarding collusion.
June 1, 1990... Some Experimental Evidence Regarding Collusion Experimental investigations of collusion have focused on two factors - the number of rivals in the market and the opportunity to collude. A number of studies beginning with Fouraker and Siegel...

Field publishing performance of U.S. economics departments.
June 1, 1990... Field Publishing Performance of U.S. Economics Departments I. Introduction Publishing records of economics departments have been compiled by a number of authors in recent years.(1) There is rather limited information, however,...

The economics of debt relief.
June 1, 1990... The Economics of Debt Relief I. Introduction In the period 1973-82, greatly increased foreign finance to developing countries resulted in an almost tenfold increase in the debt of these countries. Between 1970 and 1983 this debt grew...

Geographic deregulation and new bank entry in Florida.
June 1, 1990... Geographic Deregulation and New Bank Entry in Florida I. Introduction Deregulation of the banking industry is a significant phenomenon of the 1980s. One major form of regulation which is currently undergoing substantial revision is...

Tax incentives and manufacturing profitability in Puerto Rico.
June 1, 1990... Tax Incentives and Manufacturing Profitability in Puerto Rico The tax incentives provided to U.S. manufacturing corporations under section 936 of the U.S. Internal Revenue Code and the Industrial Incentives Act of Puerto Rico have been a key...

The skewness preference of a risk-averse investor.
June 1, 1990... The Skewness Preference of a Risk-Averse Investor Since Markowitz developed the meanvariance (MV) framework for risk-efficient portfolio formation, most of the central theories of risky asset selection and measures of behavior toward risk...

Is perestroika irreversible?
June 1, 1990... Is Perestroika Irreversible? Premier Mikhail Gorbachev introduced perestroika along with glasnost in an attempt to invigorate the Soviet economy which is beset with worsening shortages of consumer goods, rising inflation, rationing, sporadic...

Policy interdependence in the open economies.
June 1, 1990... Policy Interdependence in the Open Economies Whereas the importance of economic interdependence is well recognized in the literature, the possible interdependence between economic policies receives much less attention. This note reports...

Currency devaluation and aggregate supply.
June 1, 1990... Currency Devaluation and Aggregate Supply According to the traditional view [Takayama, 1969, CJE], currency devaluation will have an expansionary effect on domestic output if nominal wages are set by the labor union and actual employment is...

Market power and output stability under demand uncertainty.
June 1, 1990... Market Power and Output Stability under Demand Uncertainty It has been shown by Shaffer [Economics Letters, 1983] that market power has a destabilizing effect on output adjustments under multiplicative shocks to demand such that the market...

Leasing decision of the farm.
June 1, 1990... Leasing Decision of the Farm The existence of tenancy in the agricultural sector of many developing countries is commonly attributed to imperfections in relevant markets [Bliss and Stern, Palanpur: The Economy of an Indian Village, 1981]....