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EDITORIAL POLICY.(Brief Article)
September 22, 1999... There is a neglected body of research involving tests of the validity of theories, methodologies, and data used in previously published studies. There is also a need for more articles that synthesize the literature on important topics,...
On Measuring the Response of Real GDP Growth to Changes in Inflation Volatility.
September 22, 1999... Bradley K. Wilson [*]
For years a widely held belief by monetary policy practitioners has been that the volatility of inflation adversely affects the growth rate of an economy. The outcome of such a belief has been the willingness of...
Testing for Asymmetry in the Relationship between the Malaysian Business Cycle and the Stock Market.
September 22, 1999... Paramsothy Silvapulle [*]
This paper investigates whether the systematic asymmetric behavior of Malaysian industrial production can be explained by the stock market. We consider threshold models to capture the asymmetric relationship...
The Determinants of Accounting Choices in Troubled Companies.
September 22, 1999... Dominic Peltier-Rivest [*]
This paper uses a multivariate regression analysis to examine the determinants of accrual accounting choices in 127 troubled firms. Troubled firms are defined as those that experienced three consecutive losses...
Testing Rational Partisan Theory When Elections are Endogenous Events: Some Empirical Evidence from the United Kingdom.
September 22, 1999... Rational partisan theory predicts macroeconomic fluctuations are triggered by possible changes in government policies due to elections. Empirical testing may fall prey to an endogeneity problem when incumbent governments determine the timing of...