Showing 1 - 8 of 8
In the first essay, Calomiris argues that the most desirable means by which to achieve banking system stability is to permit unlimited branch banking combined with the type of privately administered formal deposit insurance programs of antebellum Indiana, Ohio, and Iowa. In the second essay,...
Persistent link: https://www.econbiz.de/10011110450
Australia has experienced a varied track record on unemployment. For the third quarter of the 20th century unemployment averaged 2.0 per cent. This is bracketed by average unemployment rates of 8.6 and 7.4 per cent in the second and fourth quarter centuries. Explanations of this phenomenon vary....
Persistent link: https://www.econbiz.de/10005260331
This paper examines the prospects for Australia meeting the Governments target to bring unemployment down to 5 per cent by the year 2000. Particular attention is paid to the effect of the business cycle on unemployment.
Persistent link: https://www.econbiz.de/10005620145
Evidence from a survey of 1800 small and medium sized businesses is assembled to provide estimates of the effect on employment of unfair dismissal laws. The report also provides a discussion of the evidence on the welfare effects of unfair dismissal laws.
Persistent link: https://www.econbiz.de/10005790284
Theory cannot provide an unambiguous prediction regarding the economic effects of employment protection laws. Such laws confer benefits on employees and shift the labour supply curve to the right. But they also impose costs on business and therefore shift the labour demand curve to the left. The...
Persistent link: https://www.econbiz.de/10005623443
This empirical study seeks to identify, for the period 1933-1998, determinants of the rate of return on bank assets (ROA). The study finds that the ROA has been an increasing function of the interest rate yield on bank loans to the private sector, the growth rate of real GDP, and the percentage...
Persistent link: https://www.econbiz.de/10011122824
This study investigates factors that influenced interstate differentials in bank closing rates in the U.S. over the 1982-1992 time period. The estimation reveals that the bank failure rate is a decreasing function of the average mortgage portfolio yield, the capital requirement, the real price...
Persistent link: https://www.econbiz.de/10011111763
This study empirically investigates whether the assumption of the monetary authority in pre-2000 Germany that rising … prices of imported crude oil would lead to domestic inflation in Germany had validity. In a model where unemployment rate … Germany typically is not sensitive to increasing prices on imported crude oil, crude oil price "shocks" of 50 percent or more …
Persistent link: https://www.econbiz.de/10011111941