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The competitive nature of the Arab Middle Eastern banking markets.
November 1, 2002... Abstract
The competitive nature of the Arab Middle Eastern (AME) banking markets during the 1990s is the focus subject of this study. Using banks data from nine AME countries, and utilizing the so-called Rosse-Panzar test to quantitatively...
The EU-Turkey Customs Union and Greece: who is the loser?
November 1, 2002... Abstract
The purpose of this paper is to first apply the theory of trade in vertically differentiated products in a Customs Union context and second to find out the effects of the Customs Union between the European Union and Turkey. This...
Prices and interest rate behavior in the European Monetary Union: the first 18 months.
November 1, 2002... Abstract
New ideas on the role of central banks have been exposed in recent years. This paper studies the evolution of the consumer price index and the treasury bill rate in the 11 countries of the European Union that have adopted the euro...
Growth and distribution in Russia and China: a Social Accounting Matrix analysis.
November 1, 2002... Abstract
The paper reports on the multiplier analysis of comparable Social Accounting Matrices for Russia and China. The benchmark is around 1990, which constitutes a crucial year in their transition to more mixed market-state economies....
Pros and cons of official dollarization in Eastern Europe.
November 1, 2002... Abstract
The balance of payments barrier is the biggest obstacle to growth in Eastern Europe. This problem stems from the existence of individual national currencies which dynamically increases the risk associated with capital inflows....
Disentangling the wage-productivity relationship: evidence from select OECD member countries.(Organization for Economic Cooperation and Development )
November 1, 2002... Abstract
Conventional theory proposes that firms reward productivity improvements with higher wages. Conversely, efficiency wage theory suggests that wages can induce greater productivity. This paper applies a statistical technique that...
Forecasting crude oil spot price using OECD petroleum inventory levels.
November 1, 2002... Abstract
This paper presents a short-term monthly forecasting model of West Texas Intermediate crude oil spot price using OECD petroleum inventory levels. Theoretically, petroleum inventory levels are a measure of the balance, or...
Central city fiscal conditions and MSA population distribution.(metropolitan statistical area)
November 1, 2002... Abstract
This article empirically examines the relationship between local fiscal conditions and the distribution of population within a metropolitan area. Specifically, it is concerned with how central city policies may affect shifts of...
Unit and fractional roots with deterministic trends in the UK output.
November 1, 2002... Abstract
In this article, the nominal, real, and real per capita GDP series are modeled in the UK by means of fractionally integrated techniques. A version of the tests of Robinson [1994] are used that permits the incorporation of...
E-index for measuring concentration.
November 1, 2002... Abstract
The goal of measuring the existing concentration of an economic magnitude among the elements in which it is distributed has been over the past years one of the major worries in the economic statistics arena. Among all the...