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Atlantic Economic Journal articles from September 2006
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 September 2006
Replacing the stability and growth pact?
September 1, 2006... Introduction
The euro-zone is unique in its structure, whereby a single, federal monetary system co-exists with separate national fiscal and labour market management. Central federal competences in Brussels in these latter fields are much...
Enlargement, the Lisbon Agenda, and the Economic Development of Member States.
September 1, 2006... Introduction
The issues of enlargement, the Lisbon Agenda, and economic development are important not only to new European Union (EU) member states but impact all 25 countries of the EU. For the new members, EU membership may help to...
Currency substitution and money demand in Euroland.
September 1, 2006... Introduction
In recognition of the fundamentally monetary origins of inflation, the European Central Bank (ECB) assigned a 'prominent role for money' [ECB, 1999; Issing, 2000]. Money is viewed as the nominal anchor of the Euro-system and...
Corruption and technological progress: a takeoff theory of good governance.(Author abstract)
September 1, 2006... Introduction
Corruption is a topic that has soared in importance in the development community in recent years. Its role as an impediment to modernization has been empirically documented by Mo [2001] and Mauro [1995]. Its capacity to...
Urban economic development and restorative justice: exploring the relationship between creativity and crime control.
September 1, 2006... Introduction
The positive link between amenities and local economic development is well established in the urban economics literature [Glaeser et al., 2001]. Low crime rates are one such amenity. The urban economics literature does not,...
Determinants of airport choice in a multi-airport region.
September 1, 2006... Introduction
Until 1984, the Civil Aeronautics Board (CAB) was responsible for regulating airfares in the United States. As a consequence of that regulation, commercial passenger carriers competed on many dimensions other than price. Such...
R&D tournaments with spillovers.(Author abstract)
September 1, 2006... Introduction
Two key features of R&D are uncertainty and spillovers. Uncertainty in R&D is well recognized in the literature. Spillovers are also frequently invoked in empirical and theoretical studies related to R&D. In his survey of...
Imperfect competition, economic miracle, and manufacturing productivity growth: empirical evidence from Taiwan.
September 1, 2006... Introduction
Recent empirical studies by the World Bank [1993], Sarel [1995], Thomas and Wang [1996], Klenow and Rodriguez-Clare [1997], and Hsieh [2002] show that total factor productivity (TFP) growth was an important contributor to the...
Demand and supply curves: rotations versus shifts.
September 1, 2006... "Pure economics has a remarkable way of producing rabbits out of a hat apparently a priori propositions which apparently refer to reality. It is fascinating to try to discover how the rabbits got in, for those of us who do not believe in magic...
Sub-game perfect equilibria in natural monopoly markets.(ANTHOLOGY)
September 1, 2006... A single product natural monopoly--as defined in the contestability literature--is forced by the "weak invisible hand" to charge an average cost price if the market is perfectly contestable. Furthermore, in the presence of sunk costs, the...