In this paper we consider the relationship between output, the price level and the Central Bank's broad money aggregate, M2, which is a simple sum of six 'monies'. We consider by way of comparison a divisia index, which we adjust to allow, in the alternatively and conceptually divergent ways,...

Shackle's theory of decision-making under uncertainty and the background to it are outlined. Its major prediction about action-choice is set out and proved. An experimental design to test its veracity is described; a design that it is demonstrated will make it possible to discriminate between...

This study builds on the existing literature by investigating the long-run locational determinants of FDI flows to Pacific Asia under the broad categories of cost-related, investment environment improving, macro-economic and the political ideology factors of the host country.

This paper evaluates the impact on the performance (profitability) of the bannking system in Jordan of aspects of market structure. It considers the Struture-conduct performance and the efficient market hypotheses. The econometric findings contrast with the prevalent view in the literature that...

Growth in the pacific Rim countries has become the focus of much interest for both governments and economists. This paper has been partly prompted by that fact but also but also by the newly-percieved role of the FdI especially when viewed in the light of endogenous growth theory. A small,...