Atlantic Economic Journal articles from March 2001

Atlantic Economic Journal archives from March 2001

Financial Collapse: 1933.(Brief Article)
March 1, 2001... ALLAN H. MELTZER [*] Financial collapse in the winter of 1933, culminating in the "bank holiday" of early March, was a climactic event. It ended the downswing phase of the great depression. It produced widespread losses to depositors and...

Reassessing the Role of Buffer Stock Money Under Oil Price Shocks.(Brief Article)
March 1, 2001... NICHOLAS APERGIS [*] This paper uses the structural vector autoregressive approach to assess the significance of buffer stock money under alternative real shocks in the U.S. economy over the 1960-96 period. Buffer stock effects are shown...

The Influence of Inflation on Differential Price Changes Across European Markets.(Brief Article)
March 1, 2001... MICK SILVER [*] This paper provides the results of an empirical study of the dispersion of consumer price inflation for each of 19 product groups across 11 European countries using monthly data covering the 1980s. The study relates the...

Exchange Market Pressure, Trade, Sovereign Credit Ratings, and U.S. Exports in Banking Services.(Brief Article)
March 1, 2001... SCOTT LEANDER TORI [*] As a leader in providing banking services in the global market, it is important to understand the variables that influence U.S. exports in banking services. This paper examines the influence that trade, sovereign...

Explaining the Reduction in the Gender Wage Gap During the 1990-94 Economic Recession in Spain.(Brief Article)
March 1, 2001... MIREN ULLIBARRI ARCE [*] Many studies reveal that male-female wage differentials increase with the level of unemployment, suggesting that women are hurt by a recession more than men. However, the 1990-94 economic recession in Spain...

The Impact of International Agreements on Domestic Policy: An Analysis of Tariff Policy in African Countries.(Brief Article)
March 1, 2001... SYLVAIN H. BOKO [*] This paper estimates a fixed effects tariff model to study the impact of the tariff reform provisions of international agreements on domestic tariffs, using a sample of eight Sub-Saharan African countries. The structure...

Political Instability, Policy Uncertainty, and Economic Growth: An Empirical Investigation.(Brief Article)
March 1, 2001... ABDIWELI M. ALI [*] This paper elaborates upon the effect of political stability on economic growth using a novel approach. Unlike the literature on growth that emphasizes the turnover of decision makers, this paper focuses on the...

Capital Flows and Financial Crises: Theory versus Reality.(Brief Article)(Review)
March 1, 2001... Capital Flows and Financial Crises Edited by Miles Kahler Cornell University Press, 1998, 268 pp. The book Capital Flows and Financial Crises contains nine scholarly essays written by authors such as Barry Eichengreen, Albert...

The Use of PowerPoint and Student Performance.(Brief Article)
March 1, 2001... Due to advances in technology, the use and effects of computer-assisted teaching methods are prominent topics in higher education research. In order to isolate the effects of the many new innovative methods of teaching, this paper concentrates...

Dynamic Inefficiency Across Nations.(Brief Article)
March 1, 2001... Dynamic inefficiency is defined as capital over accumulation [Cass, Journal of Economic Theory, 1972]. As further refined by Blanchard and Fischer [Lectures on Macroeconomics, 1989], this occurs when r [less than] g, where r is the real rate of...

The After-Tax Turnover-Related Performance of Bond Mutual Funds.(Brief Article)
March 1, 2001... This paper investigates the after-tax performance of bond mutual funds relative to portfolio turnover using stochastic dominance (SD) analysis. Funds in the same investment objective category are ranked according to turnover and are split into...

The Value of Professional Certifications in Academe.(Brief Article)
March 1, 2001... The Ph.D. is recognized as the "terminal degree" in an academic discipline. However, in addition to earning a Ph.D., many academics pursue credentials to augment their skills. For example, increasing numbers of academics earn designations as...

Structural Regulation of Polluting Oligopoly.(Brief Article)
March 1, 2001... An omniscient regulator could hypothetically assign socially optimal output levels to firms whose output generates a negative externality. In practice, it is useful to consider ways of inducing optimal output when the regulator knows less than...