Recently added articles from International Advances in Economic Research:
European integration, intra-industry trade in vertically differentiated products and the Balkan countries.
Nov 01, 2008; ... Abstract The aim of this paper is to examine the relation between the integration process and the intensity of intra-industry trade between two countries of different levels of development. Our theoretical model and results indicate that trade liberalization and the establishment of the ...
The forms and determinants of social exclusion in the European Union: the case of Luxemburg.
Nov 01, 2008; ... Abstract The paper investigates the social exclusion process in the European Union (EU), particularly in Luxemburg, addressing both conceptual and empirical issues. It examines aspects such as; the most appropriate definition of social exclusion for the case of Luxemburg, the way economic ...
Expectations, strategies and prospects of farmers in view of Croatia's pending EU accession.
Nov 01, 2008; ... Abstract In Croatia, farmers prepare themselves for the impending EU accession and consider their future economic opportunities in and outside agriculture. This study on farmer's strategies reviews empirical evidence of a unique household survey conducted in early 2007 in Croatia. The main ...
The relationship between university support to entrepreneurship with entrepreneurial activity in Spain: a GEM data based analysis.
Nov 01, 2008; ... Abstract The main purpose of this research is to analyse the statistical relationship between entrepreneurship university support and the level of entrepreneurial activity in Spain. Concerning the methodology, data has been provided by the National Spanish GEM (Global Entrepreneurship ...
Asymmetric behaviour of Spanish regional house prices.
Nov 01, 2008; ... Abstract In connection with the housing market, which is presently raising a great deal of concern among the general public, this paper investigates regional housing prices in Spain using variable co-integration techniques. It analyzes the asymmetric behavior in real house prices among the ...
Financial development and income in North Africa.
Nov 01, 2008; ... Abstract We explore the short-run dynamics and long-run relationship between income and financial development in Algeria, Egypt, and Morocco. We use co-integration and VECM models and four indicators of financial development. The empirical results indicate that there is a long-run ...
Jensen's inequality in finance.
Nov 01, 2008; ... Abstract The purpose of this paper is to measure the size and the statistical significance of three inequalities in the field of financial economics. The three are variants of Jensen's inequality. The first inequality is a comparison of the expected value of a ratio to the ratio of the ...
Decomposition of the Gini Index by Sources of income.
Nov 01, 2008; ... Abstract The Gini concentration coefficient is considered to be the best synthetic inequality measure and is widely used in economic research. In this paper, we present its decomposition by factor components with an application to income distributions in Poland. Income inequality measures ...
Kids cause specialization: evidence for Becker's household division of labor hypothesis.
Nov 01, 2008; ... Abstract We examine the division of labor within households and marital matching patterns in the USA using both the Current Population Survey (CPS) and the National Longitudinal Survey of Youth (NLSY). We use Becker's theory of marriage markets by estimating household production functions ...
Ramifications of a flat tax--shifting the burden to the middle class.
Nov 01, 2008; ... Abstract An alternative to the current US tax system would be a flat tax. According to its supporters, the flat tax would decrease the complexity of the tax system. Opponents contend that the flat tax will shift the tax burden to the middle class. The current research tested the claim that ...
Consumer's behavior under mandatory deposit system.(RESEARCH NOTE)
Nov 01, 2008; ... It is essential in understanding the economics of littering to realize that one only discards items of zero or negative net value. A vast number of goods leave a residue or a container following consumption. One paradigm is the beverage container, which is usually left on the roadways, ...
On optimal instrumental Variables generators: an Application to Hedge Funds Returns.
Nov 01, 2008; ... JEL C10 F39 G10 G20 In this paper, we propose a new benchmarking procedure that relies on cumulants for computing the factor loadings in financial models of returns. This procedure was developed originally by Geary [(1942, "Inherent Relations Between Random Variables," ...
Transaction function.
Nov 01, 2008; ... JEL D00-D21 The aim of the present research is the development of analytical performance of the transaction function permitting to predict development of the institutional environment of the managing subjects. The fundamental definitions of institutional economy allow ...
Financial management of MNC in monetary union.
Nov 01, 2008; ... JEL D00. D21 E42 Literature on multinational corporation's activity already features cost and benefit analysis of intra-corporate financial management and reveals the main methods of hedging the risk that appears due to the economic conditions of home and host countries ....
Alternatives to expedite macroeconomic convergence of the SADC countries.
Nov 01, 2008; ... Countries comprising of the Southern African Development Community (SADC) region show satisfactory progress with the achievement of the region's macroeconomic convergence goals. Five countries achieved all four goals set for 2008 already in 2006; five achieved three of the goals and the ...
Microfoundations in monetary union modeling.
Nov 01, 2008; ... A contemporaneous approach in macroeconomic modelling is based on micro-economic foundations. The aim to capture demand and supply responses to economic policies is achieved in two-tier exercise. In the first step a representative household or a firm is defined together with its utility ...
Comparison of the Reporting bases: case of Czech and Lithuania.
Nov 01, 2008; ... JEL M00 The European Union (EU) Regulation 1606/2002 requires all listed companies of the member states to prepare consolidated financial statements based on the International Financial Reporting Standards (IFRS) for accounting period beginning on or after January 1, 2005. The ...
Market shares and concentration in the EU auditing industry: the effects of Andersen's demise.
Nov 01, 2008; ... Abstract This paper describes and analyses changes at the concentration level of the audit services markets in 15-EU member-countries. The sample consists of 2,862 client of auditing firms for the period 1998 to 2004. The findings of the research show that concentration in the aggregate ...
Vertical innovation and catching-up: implications of EU integration for CEECs-5.(European Union, Central and Eastern European countries)(Report)
Aug 01, 2008; ... Abstract We analyze the role of vertical innovation in trade patterns for developing economies trading with technologically advanced countries. A model is presented where the international diffusion of knowledge, promoted by economic integration, is the source of a technological catching ...
Common trends and common cycles in per capita GDP: the case of the G7 countries, 1870-2001.(gross domestic product, Group of 7)(Report)
Aug 01, 2008; ... Abstract In this paper we analyze per capita incomes of the G7 countries using the common cycles test developed by Vahid and Engle (Journal of Applied Econometrics, 8:341-360, 1993) and extended by Hecq et al. (Oxford Bulletin of Economics and Statistics, 62:511-532, 2000; Econometric ...