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Browsing Economics by Title
Now showing items 1-20 of 226
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(Discussion Paper, 2010)We put forward a plausible explanation of African financial underdevelopment in the form of a bad credit market equilibrium. Utilising an appropriately modified IO model of banking, we show that the root of the problem ... -
An Agent-based Model of Interdisciplinary Science and the Evolution of Scientific Research Networks (Discussion Paper, 2013)This study proposes an agent-based model of the impact of research success on the structure of scientific communities. In the model, heterogeneous scientists scattered about a ‘social landscape’ influence each other through ... -
(Discussion Paper, 2011)International aid has an ambiguous effect on the macro-economy of the recipient country. To the extent that aid raises consumer expenditure, there will be some real exchange rate appreciation and a shift of resources away ... -
(Discussion Paper, 2007)The impact of aid inflows on relative prices and output is ambiguous. Aid inflows that increase domestic expenditure are likely to cause real exchange rate appreciation, ceteris paribus. However, if this expenditure raises ... -
(Discussion Paper, 2007)This note generalizes the frequently used Hotelling model for two-sided markets. We demonstrate an invariance theorem: advertisement levels neither depend on the media price nor on the location of the media firm. An increase ... -
(Discussion Paper, 2003)When President George W. Bush received ‘fast-track’ trade promotion authority (TPA) in 2002 which, in essence, gives him much greater power to pursue trade negotiations, many economists looked with interest to see where ... -
(Discussion Paper, 2005)Analysis of cross-sectional data on tourism to Israel during the Intifada reveals some factors driving international tourist behaviour. Much of the heterogeneity in the observed response of different nationalities can be ... -
(Discussion Paper, 2005)This paper presents a statistical analysis of patterns in the incidence of disciplinary sanction (yellow and red cards) taken against players in the English Premier League over the period 1996-2003, using bivariate negative ... -
(Dissertation, Bachelor of Commerce with Honours, 2005)This paper criticizes Cho and Graham's argument that poor countries converge from above their steady-state income levels, based on their misspecification of formulating the steady-state income by omitting the variation in ... -
(Discussion Paper, 2010)We analyze the correlation between survey-based measures of trust and behavior in the Trust Game in two villages in Cameroon. Some participants play the Trust Game with people from their own village, and others with people ... -
(Discussion Paper, 2012)This study uses artificial neural networks (ANNs) to reproduce aggregate per-capita consumption patterns for the New Zealand economy. Results suggest that non-linear ANNs can outperform a linear econometric model at ... -
(Discussion Paper, 2011)On-going debate of a Pacific Islands currency union has rekindled the argument on whether Pacific Island Countries (PICs) demonstrate symmetric behavior in their business cycles as a precondition for a union according to ... -
(Discussion Paper, 2005)This paper examines the link between a firm’s owership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive ... -
(Discussion Paper, 2005)PPP is unlikely to hold instantaneously for all commodities across the different regions of a monetary area. It is therefore possible that monetary expansions or contractions will have different effects in different regions, ... -
(Discussion Paper, 2013)Using search engine query data as a measure for public awareness of sexual health outcomes, this study extracts a measure of general interest in sexually transmitted disease for the United States (2004 – 2012). This trend ... -
(Dissertation, Bachelor of Commerce with Honours, 2001)Two problems have occurred in the recent literature with regard to the empirical testing of the Balassa-Samuelson productivity based explanation of deviations from Purchasing Power Parity. First, empirical work has commonly ...
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(Thesis, Doctor of Philosophy, 2006)Marine reserves have increasingly been recognised for their potential to address the pervasive problem of unsustainable harvest of fisheries worldwide. Biologists advocate the benefits of increased spawning biomass, larger ...
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(Discussion Paper, 2004)The paper ‘bridges the divide’ between the biological and economic literature on marine reserves. It provides a selected review of the traditional use of reserves, the early reserve literature, the potential benefits of ... -
(Discussion Paper, 2011)Data show that educated workers earn higher wages and face lower unemployment rates. Economists believe this is due to improvements in human capital while sociologists believe that social capital (or network formation) ... -
(Discussion Paper, 2006)This study analyses long-run level relationships between total factor productivity (TFP) and a set of variables (the degree of openness of an economy, the different roles of government, and human capital) that are hypothesised ...
Now showing items 1-20 of 226