Atlantic Economic Journal articles from March 1995

Atlantic Economic Journal archives from March 1995

The erosion of the liberal economic order.(Transcript)
March 1, 1995... Our lesson for the day is from Adam Ferguson [1792], one of the principals, along with David Hume and Adam Smith of the Scottish Enlightenment: "Liberty or Freedom is not, as the origin of the name may seem to imply, an exemption from all...

The fiscal future of Canada: introductory comments.
March 1, 1995... We meet at a time that may be very momentous for both Quebec and for Canada. On September 12, 1994, the voters of Quebec elected the Parti Quebecois as the governing party of the province. And the new premier has pledged to have a referendum on...

Restructuring Canada: meeting the unity crunch of 1995.
March 1, 1995... Thank you, Mr. Chairman. I chuckled to myself when you mentioned "None Of The Above." When I was a member of the British Columbia legislature I introduced a Private Member's bill which would have provided, had it been passed, that on every...

Federalism vs. the unitary state: options for English Canada in the event of the separation of Quebec.
March 1, 1995... My contribution to this discussion is to put forward and defend a proposition that is almost the reverse of Gordon Gibson's proposal. He has argued that the appropriate form of government for a Canada without Quebec would be a looser federation...

The Canadian fiscal problem: the macroeconomic connection.
March 1, 1995... I. Introduction Before one begins to speculate about the fiscal future of Canada, one needs first to understand the current fiscal quandary and how the country got into it. As I believe the origin of the problem is largely macroeconomic, I...

The fiscal future of Canada: response.
March 1, 1995... The first thing I would like to say is that in taking all three of our remarks together, this is about the most depressing two hours I have spent in a long time. Between Dan and myself are truly radical differences in how the rest of Canada might...

On black market exchange rate and demand for money in developing countries: the case of Nigeria.
March 1, 1995... I. Introduction The purpose of this paper is to examine empirically the impact of the black market exchange rate on the demand for money in Nigeria. The bulk of the empirical money demand research has been conducted on developed countries. By...

Union status and merger activity in the U.S.
March 1, 1995... I. Introduction Extensive research has examined the effects of industry characteristics on union status [Farber, 1983; Hirsch and Berger, 1984; Belman, 1988]. While these studies specify several industry determinants of union status, they have...

Golden parachutes, information and shareholder value.
March 1, 1995... I. Introduction A golden parachute (GP) is a clause in the employment contract of upper-level managers requiring a payment to the manager in the event of a corporate restructuring. Usually such clauses are triggered by a merger or takeover,...

Coauthorship and publication efficiency.
March 1, 1995... I. Introduction Several papers have investigated certain aspects of the recent trend toward proportionally increasing coauthorship among economists. Heck and Zaleski [1991] used an aggregated data set compiled from the Journal of Economic...

Neutrality of money and the Fisher hypothesis: further empirical test.
March 1, 1995... The two propositions implied by the Quantity Theory of Money are the neutrality of money and the Fisher hypothesis. These propositions have recently been subject to test by some researchers. For example, Lucas (AER, 1980), using a time series...

A macro model of growth and devaluation in Caribbean economies.
March 1, 1995... This research assumes the trade deficit-reducing effect of devaluation and seeks to explore the effect of devaluation on economic growth in Caribbean economies. Due to the large share of investment and intermediate goods in total imports of...

Why more encouragement may induce less diligence.
March 1, 1995... It is a common fact that parents always wonder why more encouragement puzzlingly induces less diligence for their children. In effect, this paradox is widely regarded as an issue of educational psychology [Bolles, Theory of Motivation, 2nd ed.,...

Have regions in the U.S. converged or diverged?
March 1, 1995... The subject of regional convergence or divergence has been studied extensively by Kuznets [AER, 1955], Williamson [EDCC, 1965], Alonso [RSAP, 1980], Amos [RSUE, 1988; RRS, 1989; SEJ, 1989; RRS, 1990], Barro [JPE, 1992], among others. Major...