Economic Papers - Economic Society of Australia articles from September 2003

Economic Papers - Economic Society of Australia archives from September 2003

Trade or aid? Which benefits developing countries more?
September 1, 2003... 1 Introduction As Australians we are naturally concerned with our own welfare, but we also pride ourselves on our egalitarian outlook and we are very conscious of our unique geographic location as a neighbor to Asia-Pacific developing...

Closer economic relations between Australia and New Zealand: specialsiation, competitiveness, complementarity.
September 1, 2003... 1 Introduction The Australia-New Zealand Closer Economic Relations Trade Agreement (ANZCERTA), popularly known as the CER Agreement, came into effect on 1 January 1983 (see Department of Foreign Affairs, 1983). The initial objective to...

Exchange rate movements as explained by dealers.
September 1, 2003... 1 Introduction Theoretically, the value of a currency is determined by the economic fundamentals of its country, such as interest rates, inflation rates and national income. These fundamentals have an effect on trade and capital flows and...

Capital controls as a means of minimising speculative bubbles in real exchange rates: key features of the literature and its application to China and India.
September 1, 2003... 1 Introduction The imposition of controls on capital flows has the potential to impose several well-known costs on an economy. The most important of these costs is a trend redaction in the rate of growth resulting from higher local...

Economic impact of the 2003 South Pacific Games on Fiji.
September 1, 2003... 1 Introduction The Fiji Islands hosted the 2003 South Pacific Games (SPG) from June 28 to July 12. The University of the South Pacific (USP) featured as the main games village, accommodating up to 2500 athletes and officials (SPG, 2002, p....

Is there a positive relationship between superannuation fund costs and returns?
September 1, 2003... 1 Introduction The efficient and effective transformation of savings into retirement income rests with superannuation fund managers. (1) Apart from the collection, pooling and investment of contributor funds, superannuation funds also...

Losing sleep at the market: an empirical note on the daylight saving anomaly in Australia.
September 1, 2003... 1 Overview In a recent provocative article, Kamstra et al. (2000) found that the avera e Friday-to-Monday stock return on dayli ht savin weekends was 200 to 500 percent lar er than the avera e ne ative return for other weekends (the...