International Advances in Economic Research articles from May 2006

International Advances in Economic Research archives from May 2006

Central bank independence, inflation variability, and the revenue smoothing hypothesis.
May 1, 2006... Abstract This paper examines the revenue-smoothing hypothesis, which posits that an optimizing government will adjust both taxes and inflation to meet shocks to government spending. Our contribution is to examine this through the lens of a...

Simultaneous releases of U.S. and foreign GAAP earnings.(generally accepted accounting principles)
May 1, 2006... Abstract Prior studies examine the incremental information content of U.S. generally accepted accounting principles (GAAP) reconciliation of U.S. listed foreign firms and find mixed results. One of the main methodological issues in prior...

Fiscal shocks and the current account in the Redux model: evidence from the Italian economy.
May 1, 2006... Abstract The main goal of this paper is to study the effects of fiscal policy on the current account in the Italian economy through the analysis of one of the most innovative intertemporal models of recent years, the Obstfeld-Rogoff Redux...

The Neuer Markt is dead. Long live the Neuer Markt!
May 1, 2006... Abstract News reports of the potential consolidation of financial markets in Europe and the United States invite an analysis of the economic impact of such mergers. Yet, most scholarly discussion of these issues has revolved around a...

Analysis of output fluctuations in Taiwan: an application of the IS-MP-AS model.
May 1, 2006... Abstract Extending the IS-MP-AS model, this paper finds that real GDP in Taiwan is positively affected by real depreciation and stock values and negatively associated with the government deficit/GDP ratio, the U.S. federal funds rate, and...

The distributive and labor supply impact of the Minimum Insertion Income: the case of Italy.
May 1, 2006... Abstract This paper analyzes the redistributive and labor supply effects of extending at national level the Minimum Insertion Income, introduced experimentally in 1999 in some Italian municipalities. We develop a behavioral microsimulation...

Exchange rate unification under non-credibility: the Haitian economy.
May 1, 2006... Abstract This paper builds on three strands of literature--Early Warning Systems (EWS), parallel exchange rates, and collapsing exchange rate regimes--by addressing the issue of credibility in the context of unification of the exchange...

An empirical analysis of the determinants of foreign aid: a panel approach.
May 1, 2006... Abstract This paper uses a panel approach to examine the determinants of foreign aid. It examines the extent to which taxes on international trade and the scope of government activities, ethnicity, private credit, and education determine...

Corporate governance and financial performance of companies in Poland.
May 1, 2006... Abstract The research presented in the paper is aimed at examining the relationship between the level of corporate governance and the financial performance of listed companies in Poland. The corporate governance degree is expressed by the...

Experience, learning, and the process of expert development.
May 1, 2006... Abstract This paper examines the relationship between experience and its differential effects on the types of knowledge that drive an auditor's expert-like behaviors during performance of field tasks. A descriptive model showing how the...

Innovation and the business cycle: a comparison of the U.S. semiconductor and automobile industries.
May 1, 2006... Abstract This paper examines data for U.S. automotive and semiconductor firms from 1976 to 2000 to analyze the cyclical nature of innovation, and to find if it is the same across the two industries. Although previous studies have used...