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Atlantic Economic Journal articles from March 2002
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 2002
Towards microeconomics of innovation: Growth engine Hallmark of market economics.(free-market economies and free enterprise)(Statistical Data Included)
March 1, 2002... William J. Baumol (*)
The Big Puzzle: Why Do all Rival Systems Trail so Far Behind Free-Market Growth?
Per-capita income in the leading capitalist economies is growing at a rate that apparently permits something like an eight-fold...
Competition and collusion in a government procurement auction market.
March 1, 2002... Srabana Gupta (*)
Introduction
According to the "structure-conduct-performance" paradigm in the Industrial Organization literature, the market performance, which is assessed by the level of profit, price-cost margin, degree of...
A Heckscher-Ohlin-Samuelson interpretation of the labor-environmental coalition in Seattle.
March 1, 2002... Robert E. Kohn (*)
Introduction
The protests in Seattle at the November 1999 meeting of the World Trade Organization (WTO) were said to have united North American labor unions and environmental organizations in a joint endeavor to...
Asymmetric wage indexation.
March 1, 2002... James P. Cover (*)
David D. Van Hoose (**)
Introduction
The years since the seminal work by Gray [1976] and Fischer [1977] have witnessed the development of a voluminous literature concerning the macroeconomic implications of...
Human and knowledge capital: A contribution to the empirics of state economic growth.
March 1, 2002... Ronald L. Moomaw (*)
J.K. Mullen (**)
Martin Williams (***)
Introduction
The process of regional economic growth and change continues to draw much attention from economists and regional scientists. The resurgent interest in...
Nominal versus real wage rigidity in a monopoly union: A synthesis.
March 1, 2002... Ching-Chong Lai (*) Juin-Jen Chang (**)
Introduction
In his recent paper, Benassy [1995, p. 635] claimed that, "Whether rational wage setting by explicitly maximizing agents leads to real or nominal rigidities... is evidently an issue...
Searching for Cincinnatus: Representatives' backgrounds and voting behavior.(career politicians)
March 1, 2002... Daniel Sutter (*)
Introduction
The past several decades in American politics have seen unprecedented increases in Congressional tenure and emergence of the career politician, the person who knows no other job in life than campaigning...
The General Theory: Fabrication or Revolution?(macroeconomics)
March 1, 2002... L.E. Johnson (*)
Thomas Cate (**)
David Laidler, 1999, pp. 377
Introduction
In The Golden Age of the Quantity Theory [1991], David Laidler traces the development of macroeconomic thought up to World War I. This paper,...
Evidence that extra credit assignments induce moral hazard. (Anthology).(Brief Article)
March 1, 2002... It seems fair to say that grading practices are one of the most carefully watched characteristics of teaching. Grading practices influence teaching evaluations [Becker, Journal of Economic Perspectives, 1997] and undoubtedly direct students in...
On bivariate risk aversion. (Anthology).
March 1, 2002... Adequate modelling for numerous economic problems requires bivariate utility functions. This is because preferences do not depend only on final wealth and also one needs to capture an agent's preference towards the possible dependence between...
A note on the simple balanced budget multiplier. (Anthology).(Brief Article)
March 1, 2002... In principles of macroeconomics textbooks, the simple balanced budget multiplier is always unity. This is because a change in government expenditure is reflected dollar for dollar in aggregate demand, while a change in lump-sum taxes only leads...
Responses of credit card rates to changes in the FFR. (Anthology).(federal funds rate)(Brief Article)(Statistical Data Included)
March 1, 2002... In recent years, the federal funds rate (FFR) has been employed as a major instrument in conducting monetary policy to stimulate or slow down the economy and to contain potential inflationary danger. For example, since January 2001, the Fed has...
Reinvigorating the study of economics. (Anthology).(Brief Article)
March 1, 2002... The number of baccalaureate degrees awarded in economics declined substantially during the 1990's. A combination of declining enrollments and rising costs is placing pressure on departments to become more efficient. Consequently, economics...
Economic freedom and the status of women. (Anthology).
March 1, 2002... Chris Paul (*)
Yassaman Saadatmand (**)
Spurred by the third-world debt crisis that erupted in mid-1982, the International Monetary Fund (IMF) and the World Bank shifted lending polices from project lending and balance of payment...