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Atlantic Economic Journal articles from March 1999
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 March 1999
Incorporating risk into the analysis of production.
March 1, 1999... Introduction
A number of mysteries have survived intensive investigation. Though the question of whether the Loch Ness creature is elusive or simply illusive is better known, no less baffling is the case of commercial banking's missing...
The trade balance effects of U.S. foreign direct investment in Mexico.
March 1, 1999... Introduction
The 1993 ratification of the North American Free Trade Agreement (NAFTA) is the most visible symbol of the deepening relationship between the U.S. and Mexico. However, earlier bilateral agreements and Mexico's joining the...
The effect of transitional employment on search duration: a selectivity approach.
March 1, 1999... Introduction and Background
One difficult decision that job searchers face as their searches drag on and resources diminish is whether to take a job they do not view as permanent while continuing to search. Taking a nonpermanent or...
A cointegration approach to capital mobility: evidence for Belgium.
March 1, 1999... Introduction and Methodology
Feldstein and Horioka [1980] found that domestic savings and investment were highly correlated across countries of the Organization for Economic Cooperation and Development (OECD). They concluded that capital...
An analysis of PAC contributions and legislator quality.(political action committees)
March 1, 1999... Introduction
Increased participation by pressure groups in the political process over the last two decades has become obvious even to the casual observer. Representative of this increased participation is the rapid growth in the number of...
Inflation under the Bretton Woods system: the spillover effects of U.S. expansionary policies.
March 1, 1999... Introduction
The Bretton Woods system was inaugurated in 1944 with the signing of the Articles of Agreement of the International Monetary Fund. The system called for fixed exchange rates against the U.S. dollar which was pegged to gold....
Endogenous growth through externalities of investment: a different approach.
March 1, 1999... After Arrow [1962] published his article about learning by doing, Sheshinski [1967] and Romer [1986] then took up that approach and integrated it in a macroeconomic framework. Sheshinski [1967] analyzed his model with the simplified assumption...
Public policy and the quality of life: how relevant is economics?
March 1, 1999... Introduction
Economics has a tradition of tension between the dual professional goals of carefully restricting analysis to a narrow realm of professional competence and providing analysis and prescriptions that are as relevant as possible...
Public Policy and the Quality of Life: Market Incentives Versus Government Planning.(Review)
March 1, 1999... Randall G. Holcombe Greenwood Press, 1995, 190 pp.
Review Article by
PATRICK G. WELLE Bemidji State University - U.S.A.
Introduction
Economics has a tradition of tension between the dual professional goals of carefully...
Why two indifference curves cannot intersect.
March 1, 1999... This pedagogical note gives a self-contained elaboration on why indifference curves cannot intersect. Contrary to what is done in most textbooks, this approach does not depend on the monotonicity of utility functions. This study hopes to draw...
On conglomerate diversification.
March 1, 1999... Conglomerates are firms diversified into areas which have little in common in terms of markets, skills, or technologies. In the U.S., they are less profitable [Lang and Stulz, Journal of Political Economy, 1994] and have higher risk [Smith and...
A fable for prime time: the fox and the peacock.(impact of Fox Network on the prime time ratings of ABC, CBS and NBC TV networks)
March 1, 1999... As recently as 1978, the three major television networks commanded more than 90 percent of the prime time viewing on any night. However, by 1990, the competition from cable and the new Fox network had cut their combined share to 63 percent. At...
Optimization analysis of the U.S. trucking industry.
March 1, 1999... More than a decade after the Motor Carrier Act of 1980 and the end to regulation of the trucking industry by the Interstate Commerce Commission, debates over the economic impact of deregulation continue. Deregulation of the interstate trucking...