International Advances in Economic Research articles from November 2004

International Advances in Economic Research archives from November 2004

Springer to publish IAER.(Editorial)
November 1, 2004... I am pleased to announce that Springer Academic Publishers (formerly Kluwer) will become the official publisher of International Advances in Economic Research effective with the 2005 volume. The Society will maintain ownership of the journal...

Financial distress of companies in Poland.
November 1, 2004... Abstract The study examines main determinants of financial distress of companies in Poland during the recent transformation period. Data compose a sample of 1995-97 annual financial statements of 200 unlisted companies in Poland. Degree of...

Human capital and economic growth in Spanish regions.
November 1, 2004... Abstract Modern economic growth theory has emphasized on the human capital effects on economic growth. In this case, the externalities from a better education could enhance economic growth process and facilitate the progress in different...

The global financial environment and Spanish cooperative banking.
November 1, 2004... Abstract The phenomenon of globalization has an effect on all the fields of economic and financial activity. In this increasing competitive environment, the majority of the Spanish credit institutions have been integrated in a cooperative...

Duration and convexity in Spanish corporate bonds.
November 1, 2004... Abstract The aim of this paper is to investigate risky-prices sensitivity to interest rate changes in the Spanish market and to see if sensitivity is lower than public debt. To contrast this hypothesis, this paper presents a model that...

Financial integration and growth in the global economy.
November 1, 2004... Abstract This paper analyzes the growth dynamics in the developed world and its relationship to the financial structure. The new entrepreneurial economy of creativity and innovation is identified as the main growth area today. However,...

Virtual integration and endogenous growth in the world economy.
November 1, 2004... Abstract This study develops a three-country model of endogenous growth that captures the role of the interconnection of country-specific communications networks (i.e., virtual integration), which affects the productivity of R & D activity...

A macroeconomic model and stability analysis by parameters.
November 1, 2004... Abstract This article focuses on the New Keynesian multiple-equations small-open-economy macroeconomic model to illustrate deeper relations among model parameters. These relations are more important than the basic values of the parameters...

Solvency regulation in the property-liability insurance industry.
November 1, 2004... Abstract This paper evaluates guaranty funds and solvency regulations. One main question addressed is how solvency regulations will benefit consumers. Many previous studies have found that most forms of solvency regulations do not have...

The Riegle-Neal Act and local banking market concentration.
November 1, 2004... Abstract The Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 greatly transformed the American banking system by allowing the widespread establishment of interstate bank branching networks. This paper examines possible...

Unemployment, Wage Bargaining, and the Capital-Labor Substitution.(Research Notes)
November 1, 2004... Rowthorn (Unemployment, Wage Bargaining, and the Capital-Labor Substitution, Cambridge Journal of Economics, 1999, pp. 413-25) has shown that if the elasticity of substitution between labor and capital is less than unity, there must be a...

Market potential of the firm.(Research Notes)
November 1, 2004... This paper aims to develop an integrated model of market activity of the firm on the basis of the application of an advanced economic toolkit. Input data were used to carry out the research using modern developments in management, marketing,...

Monetary policy choices in the pre-EMU period.(Research Notes)(Brief Article)
November 1, 2004... The new members of the European Union must choose between a fixed and floating exchange rate in the period prior to joining EMU. The appropriate choice is not necessarily uniform across countries. Some countries are more sensitive to the loss...

The effect of the African Growth and Opportunity Act on South Africa's textile industry.(Research Notes)(Brief Article)
November 1, 2004... This paper examines the effects of the African Growth and Opportunity Act (AGOA) on South Africa's textile and apparel industries, and concludes that exports to the U.S. have increased. Employment, production, sales, and capacity utilization in...

Estimating pass-through between international equity markets using neural networks.(Research Notes)
November 1, 2004... In this paper, a hybrid system combining neural networks and genetic training is designed to determine the degree of pass-through between five international equity markets. Using weekly data for the period 1900-2003, sensitivity coefficients...