Since Brown (1952), habit formation models of consumption have assumed that utility is additively separable in durables and non-durables, and memory loss is a unidimensional process. This thesis dispenses with these assumptions to extend the theory of habit formation and introduce habit...

University of Minnesota Ph.D. dissertation. August 2011. Major: Agricultural and Applied Economics. Advisors: Professor Jean Kinsey, Professor Paul Glewwe. 1 computer file (PDF);ix, 150 pages, appendices A-G.

Thailand is undertaking sweeping reforms of its infrastructure sector. In September 1998, the Thai government unveiled its privatisation "Master Plan", written with the assistance of the World Bank, which established its plan for the privatisation of 59 state-owned enterprises (SOEs). These...

The global economy is being rapidly restructured under the impact of the information technology revolution, moving towards knowledge-intensive economic activities. There is now in the literature a range of theories that provide a rationale for a link between industrial structure and...

Existing methodologies of bank branch performance analysis are dominated by accounting and financial measures that inherently generate information of a retrospective nature. The outcomes are a possible misleading assessment of a branch's economic viability and misguided planning decisions in...

This study investigates the effects of public infrastructure investment on economic growth under Thailand?s fiscal sustainability framework. A recursive supply-side model based on the Standard Neoclassical Model framework is used using Thai national data on public revenue (taxes, non-tax revenue...

This study investigates the impact of the New Tax System and other factors on the capital structure of the Australian listed real estate property enterprises. Hypotheses utilising Static Trade-off, Pecking Order and Market Timing theories are empirically examined using a series of the taxes...

This study addresses mergers and acquisitions in Australia, particularly fluctuations in the merger rate, the role of the business cycle in such fluctuations, the reasons for mergers and their role in explaining any cyclical variability and the parallels between the timing of merger fluctuations...

Since the last two decades, many countries around the world have gone through a significant transformation in monetary policy. Their central banks now set low and stable inflation as their ultimate target in the long run. The main components of the successful implementation of this inflation...

The Australian Trade Deficit (TD) has been increasing in the past 50 years, and this deficit has become more significant in the last few decades. This rising TD level in Australia has brought the national debt level to a new height, making this country one of the world?s highest debt-ridden...