Contemporary Economic Policy articles from July 2002

Contemporary Economic Policy archives from July 2002

The allocation of federal funds to promote bureaucratic objectives: an empirical test.(Abstract)
July 1, 2002... I. INTRODUCTION Economists and political scientists have modeled the behavior of public agencies and the bureaucrats that manage them. These models predict that the allocation of federal funds across states will reflect bureaucratic...

Budget balance through spending cuts or tax adjustments?(Abstract)
July 1, 2002... I. INTRODUCTION Almost without exception, governments in developing countries have played a dominant role in aggregate economic activity, motivated in part by the absence of a well-established private sector capable of initiating and...

Political and economic freedom, fiscal policy, and growth nexus: some empirical results for Fiji.(Abstract)
July 1, 2002... I. INTRODUCTION The literature on growth theories has debated the important role of the government. An environment that lacks political and civil liberty as well as economic freedom can seriously limit economic growth. The state has to...

European market integration and the small nation.(Abstract)
July 1, 2002... I. INTRODUCTION The institution of an integrated market economy in Western Europe, whatever else it may have been politically, was an experiment of extraordinary proportions. This article, coming as it does when there is so much...

Customer type and bank efficiency in Poland: implications for emerging market banking.(Abstract)
July 1, 2002... I. INTRODUCTION Economists have long argued and current evidence suggests that financial institution development and efficiency play a key role in promoting rapid economic growth (Roubini and Sala-i-Martin, 1995; Levine, 1997; Cetorelli...

Trade liberalization and the manufacturing sector: the case of the small developing country.(Abstract)
July 1, 2002... I. INTRODUCTION Over the past two decades, the global marketplace has undergone significant changes with the rapid advancement of technologies and emerging mega-trading blocs. More recently, the aim has been to reap the benefits of free...

Unofficial exchange rates in Bangladesh: a cointegration analysis.(Abstract)
July 1, 2002... I. INTRODUCTION The aim of this article is to explore the determinants of parallel or unofficial markets (UMs) for foreign exchange (forex) rates in Bangladesh using quarterly data from 1976Q2 to 1995Q2 and to compare the in-sample and...

Youth unemployment outflow rates and labor market programs: Australian evidence.(Abstract)
July 1, 2002... I. INTRODUCTION The persistence of high youth unemployment rates is a concern in Australia and many other industrialized countries. Youths warrant particular concern because of the future consequences of unemployment among new labor market...

Theory and practice in the classroom: a repeated game of multimarket oligopoly.(Abstract)
July 1, 2002... I. INTRODUCTION On December 4, 1986, the Wall Street Journal described a game that a Texas A&M professor had crafted for his students. (1) Each of the professor's 27 students owned a hypothetical firm, and each had to decide whether to...

A collaborative learning lab: does the form matter?(Abstract)
July 1, 2002... I. INTRODUCTION In a recent paper, Moore (1998) introduced an out-of-class collaborative learning lab (CLL) in his introductory economics classes and reported on its effectiveness as indicated by answers to a student questionnaire. He...