Browsing Economics by Title
Now showing items 5-24 of 107
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Being present: determinants of trustee attendance at public university board meetings
(John Wiley & Sons, 2020-04-17)Using a unique data set, we analyze board meeting attendance records of a cross‐section of trustees representing 134 US public universities. Attendance at board meetings is essential for trustees to fulfill their fiduciary ... -
Boom-bust cycles and the forecasting performance of linear and non-linear models of house prices
(Springer, 2008-04)The tremendous rise in house prices over the last decade has been both a national and a global phenomenon. The growth of secondary mortgage holdings and the increased impact of house prices on consumption and other components ... -
Bubbles, busts, breaks, and segmentation
(American Real Estate Society, 2013)Given the recent turmoil in the housing market in the United States, several papers have examined whether price dynamics in municipalities displayed a structural change, which would suggest bubble and bust behavior. Some ... -
Can money market mutual funds provide sufficient liquidity to replace deposit insurance?
(Springer, 2001-09)Narrow banking is an arrangement in which deposittaking and lending functions are separated and performed by different institutions. This separation is aimed at avoiding panics at uninsured banks, without moral hazard ... -
Central Bank Independence, Inflation and Uncertainty: The Case of Colombia
(Taylor & Francis, 2009)Colombia undertook reform of its central bank in 1991, pushing it in the direction of greater independence. We find that this reform led to a significant decrease in the level of inflation, as well as inflation uncertainty, ... -
Changing inflation dynamics and uncertainty in the United States
(Southern Economic Journal, 2009-01)Inflation uncertainty has been shown theoretically and empirically to lower real Output (Friedman 1977; Grier et al. 2004). Employing a Markov-switching model with regime-varying variance, as well as more traditional ... -
Clustering in U.K. home price volatility
(American Real Estate Society, 2011)In the wake of the 2007-2009 global financial crisis, there has been heightened interest in correctly gauging the probability of large losses on assets, particularly house prices. If an asset exhibits GARCH effects in its ... -
Competition and home prices: measuring the supply effect
(Wichita State University, 2012-07)Hedonic models measure the impact that various physical characteristics have on the sale price of a home. Due to data limitations, however, these models usually do not take into account the number of homes on the market ... -
Complex and entangled public policy: Here be dragons in Emergence, Entanglement, and Political Economy
(Springer, Cham, 2020-12-05)The tools and concepts of the emerging field of complexity science—like agent-based modeling, network theory, and machine learning—can offer powerful insights to economists and crafters of public policy. Complexity science ... -
The consequences (and nonconsequences) of ownership change: the case of major league baseball
(SAGE Publications, 2019-01)Although ultimate responsibility for a professional sports team lies with the owner, little is known about the repercussions of having a new owner at the helm. This article investigates ownership change in Major League ... -
Contagion versus interdependence across regional U.S. housing markets and implications for RMBS geographic diversification strategy
(American Real Estate Society, 2015)Home prices in the United States often exhibit little (and sometimes even negative) correlation across different regions. This reflects segmentation in the national housing market and also provides an apparent opportunity ... -
Convergence in the Eurozone: Progress Towards the Goal?
(Wiley-Blackwell, 2020-09-23)Convergence in per capita income across member countries is a stated goal of the European Union. This goal applies, of course, to all eurozone nations. The impact of a common currency on income convergence is both theoretically ... -
The cost of Federal Reserve membership for Kansas banks
(University of Nebraska-Lincoln, 1970)The purpose of this paper is to suggest a method soundly based in theory by which costs of meeting the most restrictive reserve requirements prescribed by the Federal Reserve may be approximated by the use of readily ... -
Country funds, exchange traded funds and exchange rate risk
(Wichita State University, 2019-04-26)This paper studies and compares the potential effect of changes in currency values between the US dollar, and other countries' currencies, or exchange rate risk, on country funds and single country exchange-traded funds. ... -
Covered interest arbitrage: Then versus now
(Wiley-Blackwell Publishing, 2006-05)We introduce a new weekly database of spot and forward US-UK exchange rates as well as interest rates to examine the integration of forward exchange markets during the classical gold standard period (1880-1914). Using ... -
The deficient treatment of money in basic undergraduate texts, a comment by Samuel C. Webb
(Ohio State University Press, 1972-02) -
Determinants of money supply in Nepal
(Wichita State University, 2020-05-01)INTRODUCTION: The Federal Democratic Republic of Nepal is one of the least developed nations in the world. Following a long history of political instability due to Maoist insurgency and governmental instability as well as ... -
Determining if factors affecting NHL attendance are equal across geographical regions
(Wichita State University. Graduate School, 2010-04-23)This paper estimates a nightly demand model for National Hockey League attendance for five teams from different divisions. The magnitudes of the coefficients are compared for each team to determine if factorsthat influence ... -
Did the classical gold standard lead to greater business cycle synchronization? Evidence from new measures
(John Wiley & Sons Ltd, 2014-02)Previous studies have presented findings suggesting that the gold standard may have led to an increase in business cycle synchronization among its member countries. This follows a growing literature which posits that ... -
Did the classical gold standard lead to greater price level convergence? A new approach
(Springer International Publishing AG, 2015-04)Some previous research has indicated that the classical gold standard led to greater price level co-movement among member countries than would be observed in later Bretton Woods and floating exchange rate regimes. This ...