International Advances in Economic Research articles from August 1999

International Advances in Economic Research archives from August 1999

Intertemporal Current Account Balance and the East Asian Currency Crises.
August 1, 1999... Under the assumption that the balance of the current account must satisfy the expected intertemporal balance, this paper seeks to establish a precondition for the recent currency crises in East Asian countries. Whenever current policy violates...

Simulation Model of the Polish Economy.(Statistical Data Included)
August 1, 1999... This paper presents some results of the simulation model of the Polish economy in transition from the planned to market one. The simulation model is nonlinear and dynamic. It consists of 800 balance equations, 40 of which are difference state...

Inequality and Business Cycles in the U.S. and European Union Countries.
August 1, 1999... This paper derives the business cycle properties of some aggregate and disaggregate inequality indices for the U.S. and three European Union countries (United Kingdom, Italy, and Greece). The findings suggest that inequality indices move...

Estimating J ([greater than]1) Quarterly Time Series in Fulfilling Annual and Quarterly Constraints.
August 1, 1999... This paper addresses the problem of joint disaggregating a group of time series when their temporal aggregation values and their contemporaneous aggregation are known and when a number of related series in the desired frequency are available....

Applying Artificial Neural Networks to Bank-Decision Simulations.
August 1, 1999... Artificial neural networks are nonlinear models that can be trained to extract hidden structures and relationships that govern the data. They can be used for analyzing relationships among economic and financial phenomena. This paper presents...

A Cointegration Analysis of Purchasing Power Parity: 1973-96.
August 1, 1999... This paper tests the purchasing power parity (PPP) hypothesis for five industrial countries using cointegration and error-correction modeling. The cointegration test indicated that for all countries the PPP hypothesis holds in the long run but...

Human Resource Accounting.
August 1, 1999... Human resources is an old field of research in economics, as reflected by accounting treatments. This paper reviews this contribution from accounting literature and the European legal framework. Different institutional attitudes toward this...

Student Self-Assessment as a Learning Tool for Microeconomics.(Brief Article)
August 1, 1999... Purdue University--U.S.A. A prerequisite for students to demonstrate their knowledge of microeconomics in a test environment is the ability to assess their level of understanding prior to testing. The experience of the author is that,...

Injection Effects and Intermediation: Yeager and the Austrians.(Brief Article)
August 1, 1999... Metropolitan State College and University of Colorado--U.S.A. Leland Yeager [1990; 1997a, "Injection Effects and Monetary Intermediation," The Fluttering Veil: Essays on Monetary Diseqilibrium, Indianapolis, IN: Liberty Fund, pp. 253-79]...

The Elasticity of Demand for Oil and World Market Prices.(Brief Article)
August 1, 1999... (*.)West Virginia University and (**.) Clarion University--U.S.A. The objective of this paper is to provide an analytical framework for evaluating the market power of cartels such as the Organization of the Petroleum Exporting Countries...

Optimal Monetary Policy Responses to Exogenous Technology Shocks.(Brief Article)
August 1, 1999... New York University -- U.S.A. In a two-country, cash-in-advance model with sticky prices and imperfect competition, this study shows how optimizing central banks creates a channel for the international transmission of macroeconomic...

U.S. Fiscal Policy Measures: Unfunded Mandates.(Brief Article)
August 1, 1999... Loyola Marymount University--U.S.A. This paper examines the role of federal government spending in relation to states. The emphasis is on the changes and expansions that federal spending brings to state and local governments and the...

The Relationship Between Stock Prices and Exchange Rates: Evidence from Canada.(Brief Article)
August 1, 1999... University of Alabama--U.S.A. This paper examines the relationship between stock prices and exchange rates in Canada. Although there have been many empirical studies, there is neither a theoretical nor an empirical consensus on the...

The Day-of-the-Week Effects in Less-Developed Countries' Markets:.(Brief Article)
August 1, 1999... The Case of Bangladesh Concord College and University of Wisconsin--U.S.A. This paper examines the day-of-the-week effects in the Dhaka Stock Exchange--the premier stock exchange in Bangladesh. The structural and institutional...

Share Price Reaction to Research and Development Spending: Canadian Evidence.(Brief Article)
August 1, 1999... McMaster University--Canada While the value of innovative activity may be indisputable from a social standpoint, it does not necessarily follow that such activity serves the interests of company stockholders. This study examines the share...

The Earned Income Tax Credit, Supply of Labor, and the Welfare Reform Era.(Brief Article)
August 1, 1999... Tennessee State University and Howard University -- U.S.A. This paper analyzes the possibility of the Welfare Reform Program using the Earned Income Tax Credit (EITC) as an incentive to motivate welfare recipients to join and stay in the...

Network Formation by U.S. Hospitals.(Brief Article)
August 1, 1999... Iona College-U.S.A. Recent research has provided widely varying estimates of the extent and intensity of network formation between hospitals and other healthcare providers. Most hospitals expect to become affiliated with other providers in...

Natural Monopoly Equilibria: Price-Quantity Choice.(Brief Article)
August 1, 1999... Texas Tech University--U.S.A. This paper develops a game-theoretic foundation for assessing the appeal of a sustainable industry configuration as the equilibrium outcome of a well-specified game in a single-product, natural monopoly...

Training and Educational Needs of African-American Female Entrepreneurs.(Brief Article)
August 1, 1999... Tennessee State University--U.S.A. This research was designed to ascertain the training and educational needs of African-American female entrepreneurs. A survey which incorporated a Likert scale and general response and demographic items...

Vertical Research and Development Spillovers, Cooperation, Market Structure, and Innovation.(Brief Article)
August 1, 1999... Universite de Montreal and Industry Canada--Canada The purpose of this paper is to study vertical research and development (R & D) spillovers between buyers and sellers, allowing for different market structures, appropriability...

Risk-Based Environmental Taxation to Regulate Chemical Emissions.(Brief Article)
August 1, 1999... Pace University -- U.S.A. To supplement the Environmental Protection Agency's (EPA) existing regulation, risk-based environmental taxation is established as an incentive policy to regulate chemical emissions. The risk-based tax policy...