Atlantic Economic Journal articles from March 2000

Atlantic Economic Journal archives from March 2000

Why No Cycles.
March 1, 2000... GORDON TULLOCK [*] This article explains the absence of cycles in regular governmental voting procedures. Most acts of Congress and other legislative bodies are the result of the negotiation carried on in private. As a result of this...

From Edgeworth to Vickrey to Mirrlees: The Vickrey Lecture.
March 1, 2000... MICHAEL J. BOSKIN [*] William Vickrey's Agenda for Progressive Taxation is perhaps his best-known work. It stands roughly half way between Edgeworth and Mirrlees, both historically and intellectually. Edgeworth argued that the optimal tax...

European Economies in Transition.
March 1, 2000... Ten years ago, the political and economic landscape of Europe and of the entire world started to change fundamentally. Central and eastern European countries, which had been ruled by Communist parties for more than 40 years, threw off their...

Transition on the Spot: Historicity, Social Structure, and Institutional Change.
March 1, 2000... SILKE R. STAHL-ROLF [*] Why do some countries in transition perform quite well while others still struggle with institutional reform, experiencing economic hardship and political disintegration? This paper suggests that this question can...

The Fiscal Constraint to Restructuring Firms in Transition Economies.
March 1, 2000... PHILIPP J. H. SCHRODER [*] Restructuring transition enterprises has been slow. Many firms remain unprivatized and the new owners (of privatized firms) take inadequate measures. Various arguments often have been brought forth to explain...

Restructuring Ukrainian Enterprises After Privatization: Does Ownership Matter?
March 1, 2000... GERHARD SCHWODIAUER [*] This paper presents data from a survey of large and medium-sized industrial enterprises in Ukraine after privatization. To analyze this data, regression equations are estimated and explain the response of...

Controlling Inflation in Transition Economies: The Relevance of Central Bank Independence and the Right Nominal Anchor.
March 1, 2000... HELMUT WAGNER [*] Controlling inflation is a central problem in transition economies. This paper asks under what conditions or even whether central bank independence helps in this task. The conclusion shows that merely imposing legal...

Macroeconomic Impacts of European Union Membership of Central and Eastern European Economies.
March 1, 2000... REINHARD NECK, [*] GOTTFRIED HABER, [*] WARWICK J. MCKIBBIN [**] This paper examines the impact of an eastern enlargement of the European Union. This is modeled as an increase in total factor productivity and a decrease in the...

Restructuring European Union Trade with Central and Eastern European Countries.(Statistical Data Included)
March 1, 2000... JARKO FIDRMUC [*] Central and eastern European countries (CEECs) participate in the European economy with trade shares of the European Union (EU) and levels of intraindustry trade comparable to peripheral EU countries. However, the opening...

From a Labor-Managed Economy to a Market Economy: A Contribution to Economic Transformation.
March 1, 2000... MAKS TAJNIKAR [*] Does transition of a labor-managed economy to a capitalist economy really lead to an efficient economy? Which transformation strategies can be established during the transition? Which type of capitalist economy can be...

Mining Improbable Postulates and the Theory of Diverting Toys.(Review)
March 1, 2000... (Advances in General Equilibrium Theory) Donald A. Walker Edward Elgar, 1997, 165 pp. Walker's Advances in General Equilibrium Theory summarizes his position on the usefulness and appropriateness of much of modem general...

Are Income and Consumption Cointegrated?(Brief Article)
March 1, 2000... Granger [Oxford Bulletin of Economics and Statistics, 1986] reports that national income and consumption in the U.S. are cointegrated. Such a result is consistent with the existence of a unique competitive equilibrium in a closed economy with a...