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Atlantic Economic Journal articles from June 2001
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 June 2001
Endogenous Capital Utilization in a Neoclassical Growth Model.
June 1, 2001... LEONARDO AUERNHEIMER [*]
This paper introduces a variable rate of capital utilization and depreciation into a modified Ramsey-type neoclassical growth model via the well-known concept of pure user cost. The optimal utilization rate is...
A Model of Optimal Advertising Expenditures in a Dynamic Duopoly.
June 1, 2001... PETR MARIEL [*]
This paper develops a dynamic model of oligopolistic advertising competition. The model is general enough to include predatory advertising and informative advertising as particular cases. The analysis is conducted in a...
Remedies for Misrepresentation in Applications in the Presence of Fraudulent Intent.
June 1, 2001... CHARLES M. NORTH [*]
Many contracts are based upon information provided in written applications, including insurance and employment contracts. However, the remedies used in these two contexts for material misrepresentation in the...
Empirical Evidence of a Positive Inflation Premium Being Incorporated into Stock Prices.
June 1, 2001... ANANDI SAHU [*]
This study demonstrates that in contrast to prior research findings on short-term stock returns, long-term stock returns are positively correlated with inflation. In addition, within the context of a more complete...
The Effects of Tax Rates and Enforcement Policies on Taxpayer Compliance: A Study of Self-Employed Taxpayers.(Statistical Data Included)
June 1, 2001... MUKHTAR M. ALI [*]
H. WAYNE CECIL [**]
JAMES A. KNOBLETT [*]
This paper presents an econometric analysis of taxpayer compliance, exploring its relationship with audit rates, penalties detected, tax rate schedule, income level, and...
Economies of Scale and Optimal Capital in Nuclear and Fossil Fuel Electricity Production.(Statistical Data Included)
June 1, 2001... RUSSELL RHINE [*]
This paper tests for economies of scale in the electric utility industry using a five-year panel data set that includes both fossil fuel and nuclear fuel electricity generation. In addition, a variable cost function is...
Environmental Taxation in an Optimal Tax Framework.
June 1, 2001... THOMAS R. SADLER [*]
An extended and descriptive optimal tax framework is used to identify the objectives of environmental taxation, analyze the portfolio problem, and explore the trade-offs of policy design. Optimal tax criteria include...
The Political Economy of Gunnar Myrdal.
June 1, 2001... James Angresano
Edward Elgar, 1997, 197 pp.
This work traces some aspects of Gunnar Myrdal's intellectual development with an eye to suggesting a Myrdallian paradigm, offered as an alternative to orthodox economic analysis. While the...
Is Hedging a Speculative Activity?(Brief Article)
June 1, 2001... Hedging and speculation are portrayed as being two operations that are diametrically opposite to each other. While hedging is defined as "the covering of financial risk," speculation is defined as "the deliberate assumption of risk for the sake...