The purpose of this paper is to establish the determinants which motivate American equity investment in Australia. Both the literature on general investment theory and American direct investments in Australia have emphasised the importance of the return on income, investment diversification,...

This paper uses cointegration and vector auto regression techniques to examine which, if any, of the financial aggregates - the monetary base, M1, M2 or credit - is an appropriate intermediate target for the Thai monetary authorities. From the spectrum of monetary aggregates, M1 seems to be the...

This paper synthesises elements drawn from standard economic theory, the concept of 'cognitive dissonance' and ethics. It puts forward a case for maintaining an extensive welfare state. The argument is based on the concept that an individual's fate is based, not on a series of independent random...

This paper tests for asymmetries in the European Monetary System (EMS). The analysis indicates that any asymmetric movements between German and other EMS interest rates originating from changes in the US rate are temporary and tend to be eliminated during subsequent periods through offsetting...

One of the significant changes in the finance of social housing in the 1980s was an attempt to place increased responsibility for this funding on the private sector. This paper argues that governments need to continue their involvement in the provision of social housing finance as this movement...