We link daily price-changes for 11 Dow-Jones companies for 5 three month periods to the prevailing interest rate. In "normal times", the interest carrying cost of owning a share exceeds average price change. In periods of high volatility (eg. August to November, 2008), average price change...

We translate Hotelling's continuous-time, exhaustible resource extraction Model of 1931 into a linear program of present value extraction cost minimization subject to a stock endowment and period by period demand constraints. The appropriate form of the demand constraints allows for resource...

We link daily price-changes for 11 Dow-Jones companies for 5 three month periods to the prevailing interest rate. In "normal times", the interest carrying cost of owning a share exceeds average price change. In periods of high volatility (eg. August to November, 2008), average price change...

The relative openness of the economies of the Atlantic provinces vis-a-vis the rest of Canada has important implications for the design of economic policy in Canada and in its constituent parts. This paper reports on the quantification of the relative openness of the economies of the Atlantic...

Interregional input-output models have seldom been empirically articulated owing no doubt to the inordinate demands made on research teams to collect data on economic flows and to prepare the oeffecients required int he models. This paper talks about a more recent model, which is that of...

A group of well-known models in location theory can be classified according to three salient properties--the presence or absence of homogeneity in the geographic space with respect to first the distribution of consumers, secondly the distribution of inputs for production, and thirdly the...