Browsing Economics by Title
Now showing items 76-95 of 103
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One continent, one currency? Varieties of common currency experience in Europe and Latin America
(John Wiley & Sons, Inc., 2006-08)Currency unions have been promoted as a means to increase trade, investment and growth. A crucial issue in giving up the domestic currency is the loss of a mechanism to absorb real external shocks. High real exchange ... -
Physician goals: impact on hospital performance
(Wolters Kluwer Health, 1989-01-01)Controversy prevails concerning the relative superiority of for-profit versus not-for-profit hospitals. Presented here are three variations to each of two basic theoretical models that contrast performance of for-profit ... -
Quantitative goals for monetary policy: a quantile regression approach
(Taylor & Francis, 2009)A recent paper by Fatas et al. (2006 Fatas, A, Mihov, I and Rose, A. 2006. Quantitative goals for monetary policy. Journal of Money, Credit and Banking, 39: 1163-76. [Google Scholar] ) indicates that formal monetary ... -
Regional convergence and structural change in US housing markets
(Routledge, 2019-10-24)If house prices are convergent at the national level, monetary policy is easier to implement, and labour has an easier time achieving mobility across regions. Accordingly there have been several studies on home price ... -
Regional house price co-movement in the USA: the medium cycle is not the business cycle
(Springer Nature, 2022-08-02)Co-movement in different regional housing markets has implications for portfolio management, as well as the effectiveness of monetary and other policies. Such co-movement has thus been the subject of several previous ... -
Regional house price segmentation and convergence in the US: a new approach
(Springer US, 2015-01)This paper investigates the extent of regional integration (or, conversely, segmentation) in US home values. In contrast to some previous studies, we examine the degree of integration in the US with a data set which runs ... -
Research and development: The easy way to reduce income inequality
(Wichita State University, 2021-04-02)Increasing awareness of income inequality has provoked discussions of the detriment to society and what can or should be done about it. This paper uncovers a focus area where resources can be used to decrease income ... -
Scottish home prices: Compatible with Euro membership?
(Universita Carlo Cattaneo, 2021)Although the Scottish electorate voted down independence in 2014, Brexit has led to renewed calls from Scottish political leaders for a second referendum. Scottish independence would likely lead to joining the European ... -
Securitization, liquidity, and the Brady plan
(Elsevier, 1999)Securitization of bank loans is proposed as a solution to the ongoing debt difficulties for emerging market nations. This paper analyzes the effects of the Brady plan for four participating countries. In addition to resolving ... -
Selecting the time period over which the net discount rate is determined for economic loss analysis
(National Association of Forensic Economics, 1992-03) -
Splitting up: What happens when a company splits their stock?
(Wichita State University, 2021-04-02)Stock splits have evolved over the past decades as the methods of investing have changed. These changes in methods revolve mostly around how individuals buy stock and how the stock purchasing process plays out. Because of ... -
Stand in the wind: Market power reformation during uncertain periods
(Elsevier Inc., 2023-03-01)Economic policy uncertainty affects firm dynamics and profitability, and thus imposes an impact on firm markups and market power. Using quarterly data of the U.S. publicly listed firms over 1985Q1 to 2020Q3, this paper ... -
Tests of the uncovered interest parity
(Wichita State University, 2014-05)This paper carries out empirical testing of the Uncovered Interest Parity for US-Mexico, US-Brazil and US-Japan using general OLS and GARCH from monthly data. Similar to numerous other studies UIP failed to hold empirically. ... -
The Barings crisis in Argentina: the role of exogenous European money market factors
(Taylor & Francis, 2002-01)The Barings crisis of 1890 was a wrenching financial crash and recession for Argentina. The episode is similar in many respects to the balance of payments difficulties in emerging markets during the 1990s. In particular, ... -
The East African Monetary Union: is the level of business cycle synchronization sufficient?
(Redfame Publishing, 2015)The East African Community (Burundi, Kenya, Rwanda, Tanzania and Uganda) has a goal of a currency union, as part of a movement toward eventual political union. A key factor in making a currency union desirable is a high ... -
The effects of government spending on consumption and the real exchange rate: a comparison between developed and developing countries
(Emerald Publishing Limited, 2023-02-13)Purpose – The degree of development and the way to identify a fiscal shock matter in evaluating the effects of the fiscal policy. This paper contributes to the debate on the effects of a fiscal expansion on private consumption ... -
The end of the Asian myth: why were the experts fooled?
(Elsevier, 1999-10)This article examines the reasons behind the overoptimism of a large segment of the economics profession concerning the performance of East Asian economies, which was shattered by the financial crises of 1997-1998. It also ... -
The Housing bubble: how much blame does the Fed really deserve?
(American Real Estate Society, 2014)Two recent empirical papers have blamed the Fed for the latest boom and bust in housing. Neither study includes long-term interest rates, which are more affected by global factors than the federal funds rate (FFR). In this ... -
The impact of the U.S. on Latin American business cycles: a new approach
(Elsevier, 2017)Business cycles in Latin America have tended to be more volatile than those in wealthier nations such as the US. Accordingly, much research has been conducted on Latin business cycles, as well as the impact of the US on ... -
The influence of monetary policy shock on large-cap and small-cap indexes and index funds: an incorporation of the Taylor rule
(Wichita State University, 2017-04-28)Empirical theory suggests that interest rates often have a negative correlation with investments, and in some cases the price variability of securities. This study incorporates an adjusted Taylor rule interest rate as the ...