American Economist articles from September 2006

American Economist archives from September 2006

Moral consequences of economic growth: the John R. Commons lecture, 2006 *.
September 22, 2006... I feel highly honored to receive this distinguished award from Omicron Delta Epsilon. I feel honored not only because of the fine record of Omicron Delta Epsilon, and the distinguished group of economists whom the society has recognized in this...

Paul Samuelson and financial economics.(Biography)
September 22, 2006... Introduction It has been well said that Paul A. Samuelson is the last great general economist--never again will any one person make such foundational contributions to so many distinct areas of economics. His profound theoretical...

Teacher training and market attitudes in transitioning economies.(Author abstract)
September 22, 2006... I. Introduction The National Council on Economic Education (NCEE) has a long history of promoting economic education in the United States and has recently expanded operations overseas with the Cooperative Education Exchange Program (CEEP)....

Endowment shock and its welfare effects in open market economies.(Author abstract)
September 22, 2006... I. Introduction World production is dramatically changing, shifting from the United States to China. This phenomenon occurs over the spectrum of all goods and services and includes not only furniture, textile, kitchenware, car tires, and...

Are daily stock price indices in the major European equity markets cointegrated? Tests and evidence.(Author abstract)
September 22, 2006... I. Introduction An understanding of the stochastic trends in the major equity markets is important for investors, portfolio managers, policy makers, for pricing derivatives and hedging portfolio risks. Cointegration analysis detects common...

An innovative money multiplier.(Author abstract)
September 22, 2006... Introduction Although money multiplier analysis is a basic component of all courses that deal with monetary theory and policy, empirical applications that explain actual changes in the money supply are rarely used. In virtually all cases,...

Global competition and the United States pharmaceutical industry.(Author abstract)
September 22, 2006... 1. Introduction Most studies embed pharmaceutical companies within firms in different industries in studies of innovation, prices, and returns to make up for sample size and to infer aggregate industry performance from market structure....

Negotiating Trade: Developing Countries in the WTO and NAFTA.
September 22, 2006... Negotiating Trade: Developing Countries in the WTO and NAFTA. Edited by John Odell, Cambridge: Cambridge University Press, 2006. Negotiating Trade: Developing Countries in the WTO and NAFTA offers an intriguing glimpse into the dynamic...

Vienna & Chicago: Friends or Foes, A Tale of Two Schools of Free-Market Economics.(Book review)
September 22, 2006... Vienna & Chicago: Friends or Foes, A Tale of Two Schools of Free-Market Economics, by Mark Skousen, Washington, DC: Regnery Publishing, 2005 As the title suggests this book will be of interest to social scientists interested in the history...

How Soccer Explains the World: An Unlikely Theory of Globalization.(Book review)
September 22, 2006... How Soccer Explains the World: An Unlikely Theory of Globalization, by Franklin Foer, New York: HarperCollins Publishers, 2005 How Soccer Explains the World is both delightful and frustrating at the same time. In fact, I am about to blast...