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The Quarterly Journal of Business and Economics presents scholarly articles in finance, accounting, economics, management and marketing.
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The substitutability of network and national spot television advertising.
March 22, 1998... INTRODUCTION
In 1946 the Federal Communications Commission issued regulations prohibiting television licensees from entering into agreements that allow a television network to influence or control the rates the licensees can charge for...
The effects of international intermarket investment barriers on asset pricing: the case of the Singapore Stock Exchange.
March 22, 1998... INTRODUCTION
Most theoretical developments in international finance and macroeconomics are based on the notion that world capital markets are perfectly integrated. The pricing models also assume that expected returns and asset prices are...
Analyzing the nature of institutional demand for common stocks.
March 22, 1998... INTRODUCTION
The proportion of common stock shares controlled by institutional investors has increased dramatically in recent years, surpassing the 50 percent level of aggregate ownership for the first time in 1992. This trend illustrates the...
How much is purchasing power parity worth?
March 22, 1998... INTRODUCTION
The theory of purchasing power parity (PPP) states that the exchange rate between two currencies is related to the relative prices in the two countries so that exchange rate-adjusted prices will be equal between the two countries....