Atlantic Economic Journal articles from June 1999

Atlantic Economic Journal archives from June 1999

Cross product subsidization in the health insurance market with managed care: a model and issues.
June 1, 1999... Introduction In today's health insurance market in the U.S., products range from the traditional prepaid group practice and other forms of health maintenance organizations (HMOs) to preferred provider organizations (PPOs) and...

An analysis of the location decision of young primary care physicians.
June 1, 1999... Introduction Rapid changes in the health care sector have had a profound impact on the market for physician services. Nearly gone are the days when an appointment with the doctor meant a visit to a male physician who owned a solo,...

The impact of removing corn subsidies in Mexico: a general equilibrium assessment.
June 1, 1999... Introduction Corn is by far the most important crop grown in Mexico today. Fully one-third of all irrigated and rain-fed crop land (or more than half the crop area) in Mexico is devoted to corn cultivation, and corn production accounts for...

Estimating net lottery revenues for states.
June 1, 1999... Introduction Only two states used lotteries as a source of revenue in the 1960s, but no less than 37 states and the District of Columbia had lotteries in 1996. Over this period, lottery sales of all states increased from $49.2 million in...

Structural characteristics of firms and industries and black and white wage inequality in the U.S. economy: 1988.
June 1, 1999... Introduction One significant problem in the U.S. labor market is the persistence of considerable wage differentials between blacks and whites. In order to develop and implement policies to reduce this wage gap, it is necessary to first...

Labor market effects of import competition: theory and evidence from the textile and apparel industries.
June 1, 1999... Introduction There is widespread speculation that international trade has a large negative effect on employment and wages especially in low wage sectors where foreign labor costs are particularly low. Since the early 1980s, much attention...

Do small firms compete with large firms?
June 1, 1999... Introduction One of the most consistent and striking empirical phenomena in economics is the persistence of an asymmetric size distribution of firms that are comprised of a relatively small number of large enterprises and heavily skewed...

Borrower attributes and the risk of default of conventional mortgages.
June 1, 1999... Introduction A special feature of conventional mortgage contracts is their embedded options. Each mortgage contract includes a prepayment call option, which gives the borrower the right to prepay, and a put option that enables him to sell...

Stee-rike Four! What's Wrong With the Business of Baseball?(Review)
June 1, 1999... Introduction This is a review of a 14-article volume edited by Daniel R. Marburger. These articles examine such topics as collective bargaining, player salaries, antitrust issues, and the problems of and future prospects for baseball. This...

Test design and preparation.(Anthology)
June 1, 1999... In discussing an upcoming exam, students generally want to know how many questions will be included. In some cases, a student might simply want to plan for an early ride home or be concerned about having enough time to finish. However, for...

On the inconsistency between cointegration and cross-sectional efficiency.(Anthology)
June 1, 1999... The concept of cross-sectional efficiency is based on Granger's [Oxford Bulletin of Economics and Statistics, 1986] postulation that asset prices, determined in efficient markets, cannot be cointegrated. If they are cointegrated, then the price...

The balanced budget multiplier revisited.(Anthology)(comments on an article on balanced budget rule by Kailash Khandke, Atlantic Economic Journal, March 1998)
June 1, 1999... In a recent article in the Atlantic Economic Journal [March 1998], Kailash Khandke argued that the imposition of a balanced budget rule would increase the government spending multiplier. This note will show that while a balanced budget rule...

Exchange rate misalignment and foreign direct investment.(Anthology)
June 1, 1999... Exchange rate changes that deviate from their equilibrium values lead to adjustment problems and real effects on the economy. Econometric studies of impact of foreign exchange rate variation on foreign direct investment (FDI) typically focus on...

Maternal education and child education attainment in less-developed countries.(Anthology)
June 1, 1999... The relationship among health, nutrition, education, and economic development has been the subject of much recent interest [Strauss and Thomas, Journal of Economic Literature, 1998]. In particular, the profound effect of maternal education on...

Trigger price strategies in the U.S. brewing industry.(Anthology)
June 1, 1999... Several game-theoretic models have attempted to explain sustainability of oligopoly coordination in the presence of demand fluctuations. In a market with a stochastic demand, for example, Green and Porter [Econometrica, 1984] suggest that more...

A determination of professional basketball salaries based on performance and race.(Anthology)
June 1, 1999... Lawrence Kahn and Peter Scherer [Journal of Labor Economics, 1988] found that African Americans in the National Basketball Association were paid significantly less than comparably performing white players. Does the evidence still indicate that...

The determinants of household migration patterns in Kenya.(Anthology)
June 1, 1999... Connell et al. [Migration from Rural Areas: The Evidence from Village Studies, 1976] hypothesized that the decision to migrate from rural to urban areas in developing countries may not be due to individual optimizing behavior but is a household...