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Real wage and nominal shock: evidence from Pacific-rim countries.
August 1, 2005... Abstract
This paper examines aggregate real-wage responses to nominal shocks in four Pacific-rim countries utilizing a vector autoregression (VAR) framework. In this study, positive real-wage responses are found in Japan and New Zealand...
Unit and fractional roots at the long run and the seasonal frequencies in macroeconomic time series.
August 1, 2005... Abstract
In this article, we show that macroeconomic time series may contain unit and fractional roots at both, at zero and at zero and the seasonal frequencies. The importance of the root at the long run or zero frequency requires in many...
Internal migration determinants: recent evidence.(effect on economic condition)
August 1, 2005... Abstract
The present study investigates the impact on gross state in-migration over the 1999-2002 period of a variety of economic and non-economic factors. The empirical estimates indicate that gross state in-migration was an increasing...
Factors affecting cigarette demand.
August 1, 2005... Abstract
This paper addresses the impact of smoking restrictions in workplaces and educational establishments, cigarette price measures and various psychosocial indicators on cigarette demand, controlling for demographic and socio-economic...
Selecting social goals: J. M. Keynes and the emergence of ontological rationality in economics.
August 1, 2005... Abstract
In this paper we discuss the fundamental inconsistency that results from employing the two traditional concepts of rationality as the basis of selecting social goals. We then consider the possibility that the selection of social...
Innovation in the Portuguese manufacturing industry: analysis of a Longitudinal Company Panel.
August 1, 2005... Abstract
Two projects on innovation were developed in the 1990s under the scope of a Portuguese university research center: the Industry/Innovation project (INDINOVA) (1989-1991) and the System for the Observation of Technology and...
Efficiency in crime prevention: a case study of the Lisbon precincts.
August 1, 2005... Abstract
This paper analyzes the technical efficiency of the Lisbon police precincts in order to investigate its performance. A stochastic cost frontier model is used to generate efficiency scores, assuming that efficiency is time varying....
Restrictions on competition in municipal competitive procurement in Sweden.
August 1, 2005... Abstract
The bidding process in public procurement in Sweden is a first-price sealed bid auction. Although there is a competitive effect on the bids in this type of auction, the contracting entity can, through the choice of procurement...
Prediction of loan redemption: logit models and artificial neural networks.(Brief article)
August 1, 2005... Making loans is subject to the credit risk since some of them are not redeemed. To minimize the risk, potential borrowers are investigated and recognized as credible or incredible clients. Basing on such classification, the decision about the...
Modeling a level of development in Malopolskie using decision tress.(Brief article)
August 1, 2005... The aim of this work was a determination of the socio-economic development level in 181 communes of the Malopolskie voivodeship (Poland) in the year 2001 and a comparison of the modeling efficiency. Twenty-five variables, relativized,...
Exchange rate behavior in a parallel market-based Nigerian economy.(Brief article)
August 1, 2005... This study analyzes the behavior of the naira-dollar exchange rate in a parallel market-based Nigerian economy over the period of 1974-93. In addition to the conventional models of exchange rate, an augmented Pinto model with the assumption...
The Egyptian Stock Exchange: emerging, submerging, and re-emerging.(Brief article)
August 1, 2005... The Egyptian Stock Exchange (ESE) has, over the past century, experienced periods of emergence, submergence, and more recently, re-emergence. This study covers the reemergence phase of 1997-2004 by examining the exchange's behavior using a...