International Advances in Economic Research articles from May 2008

International Advances in Economic Research archives from May 2008

The Eisner puzzle, the unemployment threshold and the range of equilibria.(Report)
May 1, 2008... Abstract Using a two-regime model of the inflation-unemployment process for US data 1960:2 to 2000:2, this paper finds strong evidence to support the Eisner puzzle, which occurs when the short-run Phillips curve (SRPC) is flatter at low rates...

Regulatory optimal bank size.(Report)
May 1, 2008... Abstract This paper presents a study of potential outcomes of bank growth. Banks grow by expanding market presence within the geographic region within which they are domiciled and by expanding presence into other regions via new implantations....

Taylor rule in practice: Evidence from Turkey.(Report)
May 1, 2008... Abstract This paper estimates the backward-looking and forward-looking monetary policy reaction functions of the Central Bank of the Republic of Turkey (CBRT) by considering the post-crisis period from August 2001 to September 2006, with a...

A knowledge-based economy: new directions of macromodelling.(Report)
May 1, 2008... Abstract The development of new economies, leading to economies mostly based on knowledge, implies the construction of new, long-term macroeconometric models. They should incorporate the impacts of new technologies being endogenized, as well as...

IMF-induced structural adjustment programs and women in Ecuador.(Report)
May 1, 2008... Abstract This study examines the affect of IMF-induced structural adjustment programs on several key indicators regarding the status of women in Ecuador. In particular, we focus on the evolution of female primary and secondary school enrollment...

Inflation dynamics in new EU member states: the Czech case.(Report)
May 1, 2008... Abstract The reduction of inflation to an average EU level is the necessary precondition for any new EU member state to join the Euro area. Inflation in the Czech Republic is analyzed by using both monetarist P-star and the hybrid New Keynesian...

Money, income and inflation in equilibrium - the case of Greece.(Report)
May 1, 2008... Abstract The specification of the linear long-run relationship among money, income and the opportunity cost of holding money has been a popular study in economic literature. In the specific case of Greece, numerous articles investigated this...

Transitional progress and business challenges.(Report)
May 1, 2008... Abstract Eight Central European and Baltic countries have joined the European Union in May 2004. Transitioning economies need to develop a business environment with a healthy financial sector to realize economic growth. This paper uses two...

Efficiency and Equity in School Funding: A case Study for Kansas.(Report)
May 1, 2008... Abstract This study measures cost inefficiency of Kansas public school districts and applied both mathematical programming and stochastic frontier approach. The empirical study uses two-stage data envelopment analysis model and the cost...

The role of ethics in economics and management: Galbraith-Drucker approaches.(Report)
May 1, 2008... Abstract Ethics has been linked to virtue, considering it within an individual sphere. It has also been related to good social behaviour or even religious factors, and so on. In general, economic thinkers have not questioned some of the basic...

Athlete endorsement contracts: the impact of conventional stars.(Report)
May 1, 2008... Abstract Despite a continuing increase in the dollar value of athlete endorsement contracts and the prominence of athlete endorsements as a marketing tool, the value of endorsement contracts has gone largely unexamined. Employing event study...

Spatial invariance under input monopsony.(RESEARCH NOTE)
May 1, 2008... JEL D00.D21.R10 The spatial invariance theorem states that if the production function is homothetic, then the optimal plant location and the optimal input ratio are independent of the output level, and so any location that is optimal for...

On the cointegration of money, credit, prices, and real GDP.(RESEARCH NOTE)
May 1, 2008... JEL C10.E00.E40.E50 While some (Friedman and Kuttner, American Economic Review, 1992) address whether money and credit separately are cointegrated with other variables, the current study finds that the natural logs of Ml, domestic...

Regional difference in the shortage of professional nurses.(RESEARCH NOTE)
May 1, 2008... JEL I11. J21 The aging population combined with the slow growth in nursing graduates has created a nursing shortage throughout the country. In response, colleges have increased enrollment in nursing programs and employers have increased...

Factors influencing interstate variation in tooth loss.(RESEARCH NOTE)
May 1, 2008... JEL 118 The term for the loss of all natural permanent teeth is edentulism. In 2004, the Centers for Disease Control and Prevention (CDC) released data on the edentulism rate by state (2004 Behavioral Risk Factor Surveillance System...