Economics Week back issues from March 2009:
IBC Announces Growth in 2008 Earnings.
Mar 06, 2009 ... International Bancshares Corporation (NASDAQ:IBOC) reported annual net income for 2008 of $132.1 million or $1.93 per share - basic ($1.92 per share - diluted) compared to $121.3 million or $1.76 per share - basic ($1.75 per share - diluted), which represents a 9.7 percent increase in ...
Profound Changes Result in New Capitalism? Kevin Doogan Looks at Contemporary Social Transformation.(Report)
Mar 06, 2009 ... Research and Markets (http://www.researchandmarkets.com/research/5f4cf1/new_capitalism) has announced the addition of John Wiley and Sons Ltd's new report "New Capitalism?" to their offering. In this stimulating and highly original work, Kevin Doogan looks at contemporary ...
MTS Medication Technologies, Inc. Announces Third Quarter and Nine-Month Financial Results.
Mar 06, 2009 ... MTS Medication Technologies, Inc. (NasdaqCM:MTSI), an international provider of medication adherence packaging systems, announced its financial results for its third quarter and nine months ended December 31, 2008. Third Quarter Net sales for the third quarter increased 30.7% to $19.2 ...
Eaton Vance Chief Economist Available for Commentary on Consumer Price Index Report.(Report)
Mar 06, 2009 ... WHO: Robert B. MacIntosh, Chief Economist, Eaton Vance Corp., will be available Friday, February 20, for commentary on the upcoming Consumer Price Index report. WHAT: The Consumer Price Index Report issued by the U.S. Department of Labor is being released on 2/20/09 at 8:30 A.M ....
Offshoring in a Fluid World: A.T. Kearney Offers Perspective on Changing Landscape.
Mar 06, 2009 ... While the economic crisis and changing offshoring environment will require strategic adjustments, companies that carefully choose solid vendors and negotiate the right deals will still find the significant savings their shareholders are looking for. According to global ...
Optimism in U.S. and World Economies Fall to New 16-Year Low Among CEOs of Leading U.S. Private Companies.
Mar 06, 2009 ... For the fourth consecutive quarter, optimism in the U.S. economy among CEOs of the nation's leading private companies set a new 16-year low, with only one in eight (12 percent) CEOs surveyed for PricewaterhouseCoopers' Private Company Trendsetter Barometer reporting a positive outlook on ...
Health Grades, Inc. Announces Fourth Quarter and Year-End 2008 Results.(Company overview)(Financial report)
Mar 06, 2009 ... Health Grades, Inc. (NASDAQ: HGRD), the leading independent healthcare quality ratings company, reported financial results for the fourth quarter and year ended December 31, 2008. Total revenue for the year ended December 31, 2008 increased $3.5 million, or 10%, to $39.7 ...
Battelle Study Values Produce and Floral Industry Economic Impact at $554 Billion.
Mar 06, 2009 ... The U.S. fruit, vegetable and mass-market floral industry contributes $554 billion annually to the nation's economy, impacting every state and every congressional district in the country, according to a new study from Battelle. The first-of-its-kind economic impact study of the industry - ...
Corus Bankshares Announces Written Agreement With the Federal Reserve Bank of Chicago and a Consent Order With the Office of the Comptroller of the Currency.
Mar 06, 2009 ... Corus Bankshares, Inc. (NASDAQ:CORS) ("Corus" or the "Company") announced that, in coordination with, and at the request of, both the Federal Reserve Bank of Chicago (the "FRB") and the Office of the Comptroller of the Currency (the "OCC"), the Company and its subsidiary bank, Corus Bank, ...
NSTA's Reforming Secondary Science Instruction Helps Teachers Better Prepare Students for the Global Economy.
Mar 06, 2009 ... Reforming Secondary Science Instruction, for middle and high school teachers of all science disciplines, addresses the concern of countless professionals who believe students need to be better prepared for life and work in a global economy. Follow your fellow teachers as they learn about ...
The Answer to all Your Legal Transactions in Central America.
Mar 06, 2009 ... Consortium Centro America Abogados was created in 2005, consolidated and stimulated by the approval of the North American Free Trade Agreement between Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Dominican Republic and the USA. Its creation, by five of the largest ...
Two Center Street Project Among Top Priorities on City of Newark's Economic Development Scorecard.
Mar 06, 2009 ... A cornerstone of Mayor Cory A. Booker's State of the City address Monday night was the announcement that Two Center Street, a mixed-use residential and retail project on a 1.2 acre site adjacent to the New Jersey Performing Arts Center (NJPAC), was selected as one of the City of Newark's ...
Pinnacle West Reports 2008 Fourth-Quarter Loss.
Mar 06, 2009 ... Pinnacle West Capital Corporation (NYSE: PNW) reported a consolidated net loss for the quarter ended December 31, 2008, of $38.9 million, or $0.39 per diluted share of common stock. This result compares with consolidated net income of $2.9 million, or $0.03 per diluted share, for the same ...
Champion Enterprises Reports Fourth Quarter and Year-End 2008 Results.(Financial report)
Mar 06, 2009 ... Champion Enterprises, Inc. (NYSE:CHB), a leader in factory-built construction, announced the results for its fourth quarter and fiscal year ended Jan. 3, 2009. Revenues for the quarter decreased 42.3 percent to $187.9 million compared to $325.6 million for the fourth quarter of 2007. The ...
Economists: Keys to Reverse Downturn Stalling International Commerce are the U.S., Restoring Consumer Confidence and Timing; Recovery Will Take Longer Than Before, Reports the Journal of Commerce.(Conference notes)
Mar 06, 2009 ... A recession that began in the United States and is spreading around the world won't be stemmed until U.S. consumer confidence is restored, according to international economists at the first U.S. Export Conference, produced by The Journal of Commerce Conferences and Shipping Digest ...
Oneida Financial Corp. Reports 2008 Fourth Quarter and Full Year Operating Results unaudited.(Financial report)
Mar 06, 2009 ... Oneida Financial Corp. (NASDAQ:ONFC), the parent company of The Oneida Savings Bank, has announced fourth quarter and full year operating results. Net income for the three months ended December 31, 2008 is $1.7 million or $0.22 diluted earnings per share, an increase of 56.3% compared with ...
Rebuilding Corporate Leadership - How Directors Can Link Long-Term Performance With Public Goals.(Report)
Mar 06, 2009 ... The current financial crisis provides a painful reminder of the conflict that can occur between private-sector actions and public goals. So begins a new report, Rebuilding Corporate Leadership: How Directors Can Link Long-Term Performance with Public Goals, by the Committee for Economic ...
Caltech's Colin Camerer makes a game of economic theory.
Mar 06, 2009 ... CHICAGO, Illinois--How game theory and insights from cognitive psychology can shed light on the economic choices people and corporations make will be the focus of a topical lecture presented by California Institute of Technology (Caltech) behavioral economist Colin Camerer at the 2009 ...
Arizona environmental economist says invasive species is part of the price of doing business.
Mar 06, 2009 ... When the sun rides low on the horizon and winter chills wrap us all in down and fleece, global trade brings blueberries from South America, oranges from Israel. But trade in exotic goods also comes with significant local economic costs, explains Charles Perrings, professor of environmental ...
Findings from Sam Houston State University provide new insights into economics.
Mar 06, 2009 ... According to recent research published in the journal Economic Inquiry, "This paper introduces a new comprehensive panel of annual state-level income inequality measures spanning the postwar period 1945-2004." "For many states, the share of income held by the top decile ...
Investigators at University of Minnesota release new data on applied economics.
Mar 06, 2009 ... According to a study from the United States, "Federal guidelines require that public entities receiving federal transit authority (FTA) funds take affirmative steps to allocate funds to disadvantaged business enterprises (DBEs). Business firms owned and operated by women and/or racial ...
Reports outline economics study findings from P. Geroski and colleagues.
Mar 06, 2009 ... "This paper examines the relative productivity growth performance of a sample of large UK firms between 1986 and 1995," investigators in London, the United Kingdom report. "We find that superior productivity growth, however measured, is not persistent-firms with high ...
Scientists at Bradley University report research in economic policy.
Mar 06, 2009 ... "The article considers the optimal research and development subsidy regime in a two-firm two-country model where each firm is ''located'' in a specific country. Trade is intra-industry in that customers in both countries purchase from both firms," scientists in the United States report. ...
Research results from University of Linz update knowledge of economic modelling.
Mar 06, 2009 ... "We study the role of financial systems for the cost channel transmission of monetary policy in a calibrated business cycle model," researchers in Linz, Austria report. "We characterize financial systems by the share of bank-dependent firms and by the degree of the pass-through ...
Reports outline applied economics study results from University of Wollongong.
Mar 06, 2009 ... "This article examines the weak-form market efficiency of the Australian stock market. Daily returns from 6 January 1958 to 12 April 2006 and monthly returns from February 1875 to December 2005 are examined for random walks using serial correlation coefficient and runs tests, augmented ...
New applied economics study findings have been reported by scientists at University of Kentucky.
Mar 06, 2009 ... "It is a common practice to rescale data to assist model estimation. Rescaling in general does not affect the model fit or the statistical inference from the estimation results," scientists in the United States report. "This article however, describes two cases where care is ...
Studies from National Chung-Hsing University describe new findings in applied economics.
Mar 06, 2009 ... According to recent research from Taichung, Taiwan, "In this article, local relationship between per capita health care expenditure (HCE hereafter) and GDP is investigated with local quantile regressions. Logarithmic per capita GDP and HCE of 154 countries in 2001 and 25, 50 and 75% ...
Report summarizes economic modelling study findings from University of Milan.
Mar 06, 2009 ... According to a study from Milan, Italy, "Oil shocks are generally acknowledged to have important effects on both economic activity and macroeconomic policy. The aim of this paper is to investigate how oil price shocks affect the growth rate Of Output Of a subset of developed countries by ...
New findings from California State University in the area of economic policy described.
Mar 06, 2009 ... "Since many smokers begin consuming tobacco products in their adolescent years, many states have adopted a variety of restrictions on youth access to tobacco, which studies show reduces the demand for tobacco among this cohort," scientists in the United States report. "This ...
Hacettepe University reports research in applied economics.(Report)
Mar 06, 2009 ... According to a study from Ankara, Turkey, "In this article we re-examine efficiency of the South Korea's stock market, extending recent work of Narayan and Smyth (2004)." "For this purpose we apply the nonlinear unit root test procedure recently developed by Kapctanios et al ....
Study data from University of Delaware update understanding of economic modelling.
Mar 06, 2009 ... According to recent research from the United States, "The untested assumption of a linear relationship between exports and output growth in previous empirical investigations may lead to invalid inference if the actual relationship is nonlinear." "This paper re-examines the ...
Research from T. Garrett et al has provided new information about applied economics.
Mar 06, 2009 ... "This article develops a volatility model based on portfolio theory to examine state tax revenue variability. Unlike traditional parametric methods used to analyse state tax revenue variability, the portfolio approach allows the computation of a tax's share of total tax revenue that ...
Studies from University of Essex in the area of economics published.
Mar 06, 2009 ... "We analyze the fiscal adjustment process in the United States using a multivariate threshold vector error regression model," scientists writing in the journal Economic Inquiry report. "The shift from single-equation to multivariate setting adds value both in terms of our ...
Scientists at University of Guelph detail research in economics.(Report)
Mar 06, 2009 ... "This paper develops a new test of orthogonality based on a zero restriction on the covariance between the dependent variable and the predictor. The test provides a useful alternative to regression-based tests when conditioning variables have roots close or equal to unity," scientists ...
Researchers at State University of New York target economic policy.(Report)
Mar 06, 2009 ... According to a study from the United States, "This study looks at the determinants of entry by Turkish banks into local markets during the periods before and after the crisis of 2000-2001." "Motivated by a theoretical model of entry, results of fixed-effects logit regressions ...
Research results from Brunel University update knowledge of economic modelling.(Report)
Mar 06, 2009 ... According to a study from Uxbridge, the United Kingdom, "This study tests for and models non-linearities in inflation deviations from the target in five OECD countries that adopted inflation targeting over the 1990s." "Our tests reject the linearity hypothesis and we show that ...
New research on applied economics from University of Manchester summarized.
Mar 06, 2009 ... According to recent research from Manchester, the United Kingdom, "Writing in this journal, Sumner (2004) advocates use of long lag lengths when conducting co-integration tests. Replication of Sumner's consumption model suggests long lag lengths are a mis-specification: the true underlying ...
Findings from Georgia State University advance knowledge in economics.
Mar 06, 2009 ... "We use monthly gasoline price data for all 50 U.S. states over the period 1984-1999 to examine the incidence of state gasoline excise taxes," scientists writing in the journal Economic Inquiry report. "Our estimation results indicate full shifting of gasoline taxes to the ...
New economic theory study findings reported from D. Marin and co-authors.
Mar 06, 2009 ... "Recent theories of the multinational corporation introduce the property rights model of the firm and examine whether to integrate or outsource firm activities locally or to a foreign country. This paper focuses instead on the internal organization of the multinational corporation by ...
New economics research reported from University of Mannheim.(Report)
Mar 06, 2009 ... According to a study from Mannheim, Germany, "In this paper we analyze bootstrap procedures for systems cointegration tests with a prior adjustment for deterministic terms suggested by Saikkonen et al. (2006, Econometric Theory 22, 15-68) and Saikkonen and Lutkepohl (2000, Journal of Time ...
Data on economics published by researchers at University of Toronto.
Mar 06, 2009 ... "The top-order zonal polynomials C-k(A), and top-order invariant polynomials C-k1,C- ...,C-kr (A(1), ..., A(r)) in which each of the partitions of k(i), i = 1, ..., r, has only one part, occur frequently in multivariate distribution theory, and econometrics - see, for example, Phillips (1980, ...
Researchers' work from Technical University of Munich focuses on economics.
Mar 06, 2009 ... "The probabilistic properties of R-d-valued Markov-switching autoregressive moving average (ARMA) processes with a general state space parameter chain are analyzed. Stationarity and ergodicity conditions are given, and an easy-to-check general sufficient stationarity condition based on a ...
Reports from University of Nevada highlight recent research in financial markets.(Report)
Mar 06, 2009 ... According to recent research published in the Journal of Financial Markets, "Foreign investors generally underperform domestic investors in trading activities. This study shows that their inferior performance is attributable to non-initiated orders." "Foreign investors actually ...
University of Louvain publishes research in economic modelling.
Mar 06, 2009 ... "We are interested in situations in which governments are committed to some Pollution abatement constraint which does not match the society's most preferred level Of Pollution, like in the Current climate change policies undergone on behalf of the Kyoto protocol," scientists writing in the ...
Mississippi State University details research in economic policy.
Mar 06, 2009 ... According to a study from the United States, "Local government regulations of forestry practices on private land are often developed independently and without a full understanding of possible economic consequences. The number of forestry-related ordinances is growing, particularly in the ...
Studies from Federal University further understanding of science and technology.
Mar 06, 2009 ... According to recent research from Salvador, Brazil, "This work had as objective to study the distribution and abundance of the Carangidae larvae and to analyze the influence of the hydrological (temperature and salinity) and biological factors (phytoplanktonic biomass and zooplanktonic ...
New economic policy research reported from M. Baliamounelutz and co-authors.
Mar 06, 2009 ... "We examine the effects of income, institutions, and social capital-proxied by the level of corruption and ethnic tensions-on literacy and life expectancy in Africa. Random effects estimates show that income has a robust positive influence," scientists writing in the journal Contemporary ...
Study data from S. Anatolyev and co-authors update knowledge of economic modelling.
Mar 06, 2009 ... According to recent research from Russia, "We develop a methodology of parametric modeling of time series dynamics when the underlying loss function is linear-exponential (Linex). We propose to directly model the dynamics of the conditional expectation that determines the optimal ...
Data from Indiana University advance knowledge in economics.
Mar 06, 2009 ... According to recent research from the United States, "Designed to have power against all alternatives, omnibus consistent tests are the primary econometric tools for testing the correct specification of parametric conditional means when there is no information about the possible ...
Research on applied economics reported by E. Yamamura et al.
Mar 06, 2009 ... "The seminal work of Gerschenkron (1962) stated that latecomers borrow advanced technology from their predecessors, resulting in convergence of productivity among nations. Additionally, the diffusion of technology among developing nations has been fulfilled not only directly from developed ...
Study data from University of Melbourne provide new insights into economics.
Mar 06, 2009 ... According to a study from Melbourne, Australia, "This paper uses laboratory evidence from public goods games to examine how in payoff-equivalent situations, decision makers contribute toward private or public goods when they are exposed to different kinds of risks and uncertainties in the ...
Research from University of Newcastle in economic modelling provides new insights.(Report)
Mar 06, 2009 ... "Existing tests of the unit root hypothesis against the alternative hypothesis of exponential smooth transition autoregressive (ESTAR) nonlinearity implicitly assume symmetry under the alternative," scientists writing in the journal Economic Modelling report. "This paper ...
New economics findings from Wilfrid Laurier University published.
Mar 06, 2009 ... According to recent research from Waterloo, Canada, "This paper estimates forward-looking and forecast-based Taylor rules for France, Germany, Italy, and the euro area. Performing extensive tests for over-identifying restrictions and instrument relevance, we find that asset prices can be ...
Studies from University of Alberta yield new data on applied economics.
Mar 06, 2009 ... According to recent research from Edmonton, Canada, "This article examines the effects of industrial natural entry barrier and country entry regulation on industrial markups for 13 OECD countries." "We find that markup ratios are high in industries with high natural entry ...
Study data from M. Ratto et al provide new insights into economic modelling.
Mar 06, 2009 ... "This paper develops a DSGE model for an open economy and estimates it on euro area data using Bayesian estimation techniques," scientists in Brussels, Belgium report. "The model features nominal and real frictions, as well as financial frictions in the form of ...
Research on economic modelling discussed by scientists at Charles University.
Mar 06, 2009 ... According to a study from Prague, Czech Republic, "This paper examines the time-varying policy neutral interest rate in real-time for the Czech Republic in 2001:1-2006:09, estimating various specifications of simple Taylor-type monetary policy rules." "For this reason, we apply ...
Study results from H. Nishigaki and colleagues in the area of economic modelling published.
Mar 06, 2009 ... According to recent research from Tokyo, Japan, "Since the US current account deficit (over 6%) is relatively large, many economists have questioned its sustainability. This paper aims to examine the relationship between the US trade balance and related economic variables by constructing a ...
Studies from University of Kansas have provided new data on economics.
Mar 06, 2009 ... "This paper comprises a survey of a half century of research on international monetary aggregate data. We argue that since monetary assets began yielding interest, the simple sum monetary aggregates have had no foundations in economic theory and have sequentially produced one source of ...
New findings in financial markets described from Indiana University.
Mar 06, 2009 ... "We investigate the information cost of stock trading during the 2000 presidential election. We find that the uncertainty of the election induces information asymmetry of politically sensitive firms under the Bush/Gore platforms," scientists in the United States report. "The ...
Research on economic modelling discussed by A. Bucci and co-researchers.
Mar 06, 2009 ... "The influence of the intensity of competition in the product market on economic growth is analyzed by developing an endogenous growth model with horizontal innovation," scientists in Milan, Italy report. "Product market competition is measured by (1-Lerner index) and depends ...
Researchers at Aga Khan University publish new data on pediatric vaccines.
Mar 06, 2009 ... According to a study from Karachi, Pakistan, "In Pakistan during 2000-2004, about 11-13% of children who received the first close of diphtheria-pertussis-tetanus (DPT1) failed to complete its third dose (DPT3). We assessed the effect of a redesigned immunization card and center-based ...
New economic theory study findings have been reported from University of Iowa.
Mar 06, 2009 ... "This paper looks at the outsourcing of research and development (R&D) activities. We consider cost reducing R&D and allow manufacturing firms to decide whether to outsource the project to research subcontractors or carry out the research in-house," scientists in the United States report. ...
Reports outline economic modelling study results from D. Romeroavila et al.(Report)
Mar 06, 2009 ... According to recent research from Seville, Spain, "This paper investigates the stochastic properties of the consumption-income ratio for a sample of 23 OECD countries over the period 1960-2005. For that purpose. we employ a battery of recently developed panel unit root and stationarity ...
Reports summarize financial markets study results from University of Mannheim.
Mar 06, 2009 ... "Anecdotal evidence suggests and recent theoretical models argue that past stock returns affect subsequent stock trading volume. We study 3,000 individual investors over a 51 month period to test this apparent link between past returns and volume using several different panel regression ...
Research from University of Southampton yields new findings on economic theory.
Mar 06, 2009 ... "We show that the ''fear'' of globalisation can be rationalised by economic theory in the standard AD/AS equilibrium model, if we substitute the coordinational role of the Auctioneer by an implementation device based on learning (Guesnerie in Am Econ Rev 82, 1254-1278, 1992). When endowing ...