The determinants of net migration rates including government taxes and welfare spending for 48 contiguous states and the District of Columbia during 1992-93 are examined. The weighted least squares (WLS) method is employed assuming dependent variable heteroscedasticity. Major findings indicate...

The Philippine labor market is highly regulated and labor market policies tend to conform to standards of highly developed markets. The policies adopted by the government are geared more toward protecting the employed rather than promoting the overall employment of the labor force. These...

Applying a general functional form, the Marshall-Lerner condition of the bilateral trade between the US and Hong Kong, India, Japan, Korea, Malaysia, Pakistan, Singapore, or Thailand is examined. In deriving the real exchange rate, both the relative consumer price index (CPI) and producer price...

The dramatic decline in the number of welfare recipients in the USA is examined. The unique features of this article include the use of time series data, the consideration of different welfare benefits and socioeconomic variables, and the application of the generalized autoregressive conditional...

Applying and extending Taylor (1993, 1999) and Romer (2000, 2006), this paper examines output fluctuations for Serbia based on a simultaneous equation model consisting of the open-economy IS function, the monetary policy function, and uncovered interest parity. The GARCH(1,0) model is employed...

This paper finds that the U.S. stock market index is positively associated with real GDP, stock earnings, the trade-weighted nominal effective exchange rate, and the U.K. stock market index and negatively influenced by the government debt/GDP ratio, the M2/GDP ratio, the real Treasury bill rate,...

We analyze the evolution of the exchange rate with Dollar, real output and foreign trade balance in Spain, during the period 1970-2009. We present the estimation of en econometric model that related output growth and real exchange rate with other variables. Applying the monetary policy reaction...

Applying the EGARCH model, this paper finds that Lithuania's stock market index is positively impacted by real GDP, the M2/GDP ratio, and the stock market indexes in the U.S. and Germany and negatively affected by the ratio of the government deficit to GDP, the LTL/USD exchange rate or...

This paper examines the demand for commercial electricity in the U.S. and focuses on the functional form. The results show that the linear-log form performs better than the log-log, linear and log-linear forms. The demand for commercial electricity is positively affected by real GDP, the real...

<i> Effectiveness of Monetary Policy Tools in Japan: A Var Model </i> (di Yu Hsing) - ABSTRACT: Applying the VAR model, the author finds that targeting real MC+CD is the most effective monetary policy in raising real GDP for Japan. Real monetary base ranks second whereas there is a 95% probability that...