Atlantic Economic Journal articles from September 2005

Atlantic Economic Journal archives from September 2005

Inflation targeting in practice: models, forecasts, and hunches.
September 1, 2005... Introduction Five and a half years ago in his Monnet lecture Charles Goodhart [Goodhart, 1999] was able to talk with some confidence of the features that particularly distinguished the UK's approach to inflation targeting. Today with over...

Trans-Tasman transmission of monetary shocks: evidence from a VAR approach.
September 1, 2005... Introduction In the age of burgeoning international trade and globalization, a comprehensive understanding of the interrelatedness of economies is essential for economic policymakers. One important issue that is of increasing significance...

Renting goodwill in international marketing channels: an analysis of pricing strategies and bargaining power.
September 1, 2005... Introduction This paper is concerned with the rental of goodwill in international marketing channels. A game theoretic model is developed to investigate the optimal pricing strategies of foreign manufacturers under conditions of asymmetric...

Modeling cyclical asymmetries in GDP: international evidence.(gross domestic product)
September 1, 2005... Introduction There is strong support for the business cycle asymmetry hypothesis. According to this view, business cycles consist of a sequence of phases, or regimes, and macroeconomic variables display distinct characteristics within each...

Residential consumer switching and electricity restructuring policy: the Pennsylvania power market.
September 1, 2005... Introduction Empirical studies have shown that only large commercial and industrial consumers experience the price benefit of electricity restructuring, while residential consumers remain largely unaffected or even face higher power...

New entry and the rate of return to education: the case of registered nurses.
September 1, 2005... Introduction Registered nursing is the second largest profession among women in the U.S., (1) the largest profession in the delivery of health care, and central to the operation of hospitals, nursing homes, and many physicians' offices....

The triple taxation of corporate equity profits.
September 1, 2005... Introduction Corporate (1) equity is the major form of commercial investment in the United States. Taxes on corporate equity impact the incentives to invest, which, in turn, impact economic growth. The economic analysis of public finance,...

Rate of return on education and sample selection bias.
September 1, 2005... The Mincerian method is extensively used to estimate rates of return on education investment, using survey data of household earnings and OLS. However, the estimated coefficients suffer from sample selection bias [Heckman, Econometrica, 1979]....

Female education and religiosity: their institutional impacts on economic growth.
September 1, 2005... The ever-widening gap between income levels across the world cannot solely be attributed to a lack of output, technology, or capital. A nation's inability to grow and develop results from a combination of inadequacies both in the economic and...

Erratum.(Correction Notice)
September 1, 2005... Corrections: There were errors on pages 204, 205 and 208 of the June 2005 (Volume 33, No. 2) issue of the Atlantic Economic Journal. The corrections appear below. The paper is entitled "Production Costs, Scale Economies and Technical Change in...