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Full-Text Articles in Social and Behavioral Sciences
Economics Versus Politics In Trade Policy, Daron Djerdjian
Economics Versus Politics In Trade Policy, Daron Djerdjian
Daron Djerdjian
Do economies of scale contribute to our understanding of trade policy or is ideology and inequality sufficient? We develop a unified theoretical framework that encompasses both strategic economic and political variables deemed to be important in explaining trade policy. We predict that an increase in the scale effect leads to restrictive trade policies in labor-abundant countries and liberal trade policies in capital-abundant countries. Using cross-country data on economies of scale, ideology, inequality and various measures of trade barriers we confirm our predictions and establish that a unified framework, which incorporates economies of scale in production, performs better in explaining trade …
Financial Analysis With Microsoft Excel, Todd M. Shank, Timothy R. Mayes
Financial Analysis With Microsoft Excel, Todd M. Shank, Timothy R. Mayes
Faculty Books
FAME explores the use of Excel as THE calculating tool for finance professionals. As students enter College with basic skills for using Excel and other software packages they need for their business courses, the materials they read must be ramped up. The book as it stands covers the main topics that students would see in a typical corporate finance course: financial statements, budgets, TVM, capital budgeting, the Market Security Line, some options materials, pro forma statements, cost of capital, equities, and debt. In the final chapter of this revision, we include a section on how students can build their own …
Changes In Tests Of Patentability And The Effects On Return To Patenting Of Business Method Patents, Darren Sheets
Changes In Tests Of Patentability And The Effects On Return To Patenting Of Business Method Patents, Darren Sheets
Economics Theses
In the past decade there has been a surge of business method patents granted, due in large part to court cases that have redefined the tests for determining patentability of these inventions. This is of interest for several reasons such as the legality of these patents and their role in promoting innovation. Rather than promoting innovation as desired, they may be used to block rival firms from competing or used as bargaining chips in negotiations. This research focuses on the relationship between firm value and the importance of a firm's patent portfolio. To measure the strength of a patent portfolio …
The Effects Of Community Uninsurance On Health Care Quality For The Insured Population, Tuan Anh Nguyen
The Effects Of Community Uninsurance On Health Care Quality For The Insured Population, Tuan Anh Nguyen
Economics Theses
An important aspect of the ongoing health care reform of 2010 is to provide health coverage to the uninsured, the rising population of which has remained a significant challenge to overcome. Previously, efforts to reduce the number of people without health insurance have been centered on a moral rationale that providing care for the medically indigent was "the right thing" to do. However, recent evidence suggests that it might be in the best interest of people who are already insured to be concerned about the rate of uninsurance in their communities because of a potential negative spillover effect. Using four …
Shooting On A Moving Target: Explaining European Bank Rates During The Interwar Period, Kirsten Wandschneider
Shooting On A Moving Target: Explaining European Bank Rates During The Interwar Period, Kirsten Wandschneider
Kirsten Wandschneider
This paper describes the monetary policy response of countries during the inter-war period. How did central banks react to the Great Depression? How did countries balance the externals demands of the gold standard with domestic policy pressures? What was the optimal level of international policy coordination? We use weekly data over the period 1925-1936 to estimate central bank rate reaction functions for a panel of 22 countries during the inter-war gold standard. The estimates suggest to us changing objectives for monetary policy. Countries moved away from the sole objective of convertibility and towards a more ‘modern’ monetary policy based on …