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Atlantic Economic Journal articles from June 2005
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 2005
Shall the new EU members introduce the euro? Some macroeconomic policy effects.
June 1, 2005... Introduction
On May 1, 2004, 10 countries, mainly from Central and Eastern Europe (CEECs), became members of the European Union (EU). The enlargement has created a political and economic entity of a size comparable to the US, which may...
Random economic disturbances and lagged countermeasures.
June 1, 2005... Introduction
Some decades ago, much more attention than now was given to Samuelson-Hicks type models of the business cycle. The names here are Samuelson, Hicks, Phillips, and Goodwin, all ably treated by Allen [1956]. A more recent...
Strong presidential approval or disapproval influencing the expected benefits of voting and the voter participation rate.(research)
June 1, 2005... Introduction
Perhaps no other theory of voter participation has received wider attention than that introduced by Downs [1957]. Indeed, since Downs [1957] introduced the theory of the "rational voter," there have followed numerous and...
Income inequality and health: do the equivalence scales matter?
June 1, 2005... Introduction
In recent studies about the relationship between income inequality and health, two hypotheses have been proposed: the absolute income hypothesis and the relative income hypothesis [Gravelle et al., 2002; Wildman, 2003; Wildman...
Regional comparisons, spatial aggregation, and asymmetry of price pass-through in U.S. gasoline markets.
June 1, 2005... Introduction
In the petroleum industry, the majority of all products sold changes hands a number of times on its way from the point of production at a refinery to the point of ultimate consumption. Since each participant in this supply and...
Economics: friend or foe of politics to support strategically important domestic industries?
June 1, 2005... Introduction
Government support for a strategically important domestic industry is a highly contentious political issue as many recent examples like tariff protection for the U.S. steel industry and European agricultural policy show. But...
Production costs, scale economies, and technical change in U.S. textile and apparel industries.
June 1, 2005... Introduction
The textile and apparel industries have historically been important to the U.S. economy, accounting for a significant percentage of manufacturing output and employment. However, these sectors have faced difficult times over...
The influence of structural changes and international players on competitive balance in the NHL.(National Hockey League)
June 1, 2005... (JEL L83)
Introduction
Issues surrounding competitive balance currently occupy much of the center stage of sports economics research. For those interested most directly in the fan perspective, the interest is driven by the fears that...
Unionization, unemployment, and growth in Korea: a cointegration approach.
June 1, 2005... Introduction
As Vedder and Gallaway [2002] describe well in their study of the effectiveness of labor unionization on the economy using U.S. data, theoretically unionization causes a dead weight loss with high unemployment and low economic...
The Future of U.S. Capitalism.
June 1, 2005... Introduction
In his classic essay on capitalism, Robert L. Heilbroner observed, "it is interesting to note that all the great economists have envisaged an eventual end to the capitalist period of history" [Heilbroner, 1987, p. 353]. As for...
Property rights and Olympic success: an extension.(ANTHOLOGY)
June 1, 2005... As Alchian [Politico, 1964] and Shughart and Tollison [Kyklos, 1993] point out, it is the prospect of capturing the benefits (and the necessity of bearing the costs) of their own choices under a regime of private property rights that motivates...
Wage inequality and firm performance in the NBA: a comment.(ANTHOLOGY)(National Basketball Association)
June 1, 2005... David J. Berri and R. Todd Jewell investigate how wage inequality impacts the productivity of teams in the NBA [Berri, David J.; Todd Jewell. "Wage Inequality and Firm Performance: Professional Basketball's Natural Experiment," Atlantic...