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Thie study attempts to examine changes that have occurred in the extent of internatinal capital flows over the past three decades. In addition, the paper investigates the influence of changes in large economies interest rates on rates in smaller economies. Empirical results of the study show...
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This paper establishes the theoretically appropriate definition and treatment of capital gains and depletion. Failure to distinguish capital gains on natural assets from depletion causes NNP to me mismeasured. For resource rich countries this can lead to large spurious fluctuations in NNP. In...
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A closed from solution to the retirement timing problem is obtained, and its comparative-statics implications are derived. Of the nine comprative-statics results presented here, three amount to confirmation of ones obtained previously by Mitchell and Fields, and the remainder are new.
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This paper extends the infinitely repeated tariff lobbying game of Pecorino [8] to allow for imperfect monitoring, and revisits the question of how an industry's ability to maintain a cooperative outcome is affected by the number of firms in the industry. The paper demonstrated that Pecorino [8]...
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Austin Robinson was born on 20 November 1897 at Toft in Cambridshire, the eldest child of "an impecunious clergyman", Albert Robinson, who read mathematics as a scholare of Christ's College, Cambridge and became a Wrangler.
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