Frontmatter -- THE POLITICAL ECONOMY OF THE AUSTRIAN SCHOOL Series -- Contents -- Acknowledgments -- 1. Introduction -- 1. Theory -- 2. Money and Capital in Economic Development -- 3. The Theory of Economic Development and the "European Miracle'' -- II. Case Studies of Planning -- 4. The...

We show that Southern trade and the Southern economy were primarily harmed by the Confederate government's economic and military policies. The Union blockade fleet and coastal bases were a necessary condition, but it was the policies of the Confederate government that made the closure of...

The skyscraper index, created by economist Andrew Lawrence shows a correlation between the construction of the world's tallest building and the business cycle. Is this just a coincidence, or perhaps do skyscrapers cause business cycles? A theoretical foundation of “Cantillon effects” for the...

Richard Cantillon was the first economist to successfully examine the cyclical nature of the capitalist economy. He lived at a time (168?–1734) when the institutions of the modern capitalist economy were first fully and widely established and the first major business cycles occurred. In...

Delay due to multiple merger reviews in regulated industries is analysed empirically. Tests on a sample of over 500 mergers between 1990 and 1998 reveal that delay is 80% longer in regulated industries than unregulated industries

In a recent paper in Applied Economics, Barr, Mizrach and Mundra test for the existence of a “Skyscraper Curse”. Their results led the Economist magazine to conclude that you cannot forecast the onset of recessions using the announcement or completion dates of the world's tallest building...

This research presents a comparative analysis of the wind speed forecasting accuracy of univariate and multivariate ARIMA models with their recurrent neural network counterparts. The analysis utilizes contemporaneous wind speed time histories taken from the same tower location at five different...

Policy makers and financial market participants are interested in knowing how shocks affect the volatility of oil prices over time. We accurately compute the volatility persistence by incorporating endogenously determined structural breaks into a GARCH model. Contrary to previous findings, we...

Using multivariate regression analysis, this study examines the effect that demographic, educational, economic, and geographic characteristics have on average family income in rural and urban counties in the United States. The results indicate that while the above-mentioned characteristics...