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Investigates empirically the importance of buyer characteristics as well as product and service classifications on the informational content of advertising supply by sellers utilizing Yellow Pages advertisements from six US cities. The analysis and tests extend the categories used in previous...
Persistent link: https://www.econbiz.de/10014863463
coercive (asymmetric) regimes. Did the USA (Germany) dominate other developed (European) countries during the Bretton Woods … (European Monetary) system? Examines the linkages, if any, between the USA (German) money stock and money stocks in other … developed (European) countries, using the cointegration and error‐correction methodology. Finds evidence that USA (German) money …
Persistent link: https://www.econbiz.de/10014863464
Survey data on expected and actual prices received by individual vegetable growers in Florida, Michigan and Texas in 1990 are used to test the rational expectations hypothesis. The use of individual grower data overcomes many of the issues that have limited previous tests of this hypothesis in...
Persistent link: https://www.econbiz.de/10014863469
Surveys the literature on the role of exports in economic growth and provides additional qualifications concerning the measurement of the different channels through which exports may contribute to economic growth. Our framework shows that the most commonly used supply‐side approaches have...
Persistent link: https://www.econbiz.de/10014863473
Agriculture in determining the quality grades of wheat exported by the USA including test weight, dockage, moisture content …
Persistent link: https://www.econbiz.de/10014863484
A number of recent papers have raised serious questions about the validity of the German dominance hypothesis, using Granger (temporal) causality tests. If Germany dominates within the European Monetary System, then German monetary policy, measured by either money stocks or interest rates should...
Persistent link: https://www.econbiz.de/10014863513
It is demonstrated that entropy is a useful measure for examining industrial diversity either among regions or for a particular region over time. Using the entropy method, employment diversity indices are computed for the 50 states and the district of Columbia for the ten‐year period from 1972...
Persistent link: https://www.econbiz.de/10014863823
Economists of the Public Choice School have argued that compensation payments to victims of crime will increase the crime rate. This proposition is examined by estimating crime supply functions for rape and aggravated assault in which the expected probability and magnitude of compensation...
Persistent link: https://www.econbiz.de/10014863836
to support the usual empirical assumption of infinite supply price elasticity for soybeans.  …
Persistent link: https://www.econbiz.de/10014863841
The relative impacts of the monetised and non‐monetised deficit on output and inflation in the United States are assessed using annual data for the 1923‐1982 period. With Federal Reserve purchases of government debt serving as a measure of monetisation, the results of Granger causality tests...
Persistent link: https://www.econbiz.de/10014863848