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Articles 31 - 37 of 37

Full-Text Articles in Social and Behavioral Sciences

The Impact Of Fdicia And Prompt Corrective Action On Bank Capital And Risk: Estimates Using A Simultaneous Equations Model, Kevin T. Jacques, Raj Aggarwal Jan 2001

The Impact Of Fdicia And Prompt Corrective Action On Bank Capital And Risk: Estimates Using A Simultaneous Equations Model, Kevin T. Jacques, Raj Aggarwal

Kevin T Jacques

This paper develops and estimates a 3SLS model to examine the simultaneous impact of PCA on both bank capital and credit risk.


Why Charities Announce Donations: A Positive Perspective, Richard Romano, Huseyin Yildirim Jan 2001

Why Charities Announce Donations: A Positive Perspective, Richard Romano, Huseyin Yildirim

Huseyin Yildirim

No abstract provided.


Pricing In The California Power Exchange Electricity Market: Should California Switch From Uniform Pricing To Pay-As-Bid Pricing?, Peter Cramton, Alfred E. Kahn, Robert H. Porter, Richard D. Tabors Jan 2001

Pricing In The California Power Exchange Electricity Market: Should California Switch From Uniform Pricing To Pay-As-Bid Pricing?, Peter Cramton, Alfred E. Kahn, Robert H. Porter, Richard D. Tabors

Peter Cramton

No abstract provided.


Testing For Asymmetry In Economic Time Series Using Bootstrap Methods, Claudio Lupi, Patrizia Ordine Jan 2001

Testing For Asymmetry In Economic Time Series Using Bootstrap Methods, Claudio Lupi, Patrizia Ordine

Claudio Lupi

In this paper we show that phase-scrambling bootstrap offers a natural framework for asymmetry testing in economic time series. A comparison with other bootstrap schemes is also sketched. A Monte Carlo analysis is carried out to evaluate the size and power properties of the phase-scrambling bootstrap-based test.


Colombia An Atypical Ldc: Financial Aid For Education And Its Impact On The Income Distribution Gap., Juliana Vengoechea Jan 2001

Colombia An Atypical Ldc: Financial Aid For Education And Its Impact On The Income Distribution Gap., Juliana Vengoechea

Juliana M Vengoechea

No abstract provided.


Chapter 10: Upper-Middle-Class Politics And Policy Outcomes: Does Class Identity Matter?, Herman L. Boschken Jan 2001

Chapter 10: Upper-Middle-Class Politics And Policy Outcomes: Does Class Identity Matter?, Herman L. Boschken

Herman L. Boschken

This chapter in Clark and lipset's book on class in American politics resulted from a multi-day workshop at the Woodrow Wilson Center for International Scholars in the summer of 1999. The piece reverses the normal causality of class politics. It does not analyze citizens in elections, but government officials creating policies. It asks why policies differ across localities (specifically public transit decisions in 42 U.S. metropolitan areas). It probes how some government officials work with an "upper-middle-class" citizenry in mind, while others do so less. The chapter then tests for differences across localities and finds quite distinct patterns. The chapter …


New Anti-Merger Theories: A Critique, Edward J. Lopez Jan 2001

New Anti-Merger Theories: A Critique, Edward J. Lopez

Edward J. Lopez

The purpose of this paper is to evaluate these new anti-merger instruments on the basis of economic theory and evidence. I first discuss how the economics of antitrust has developed over the years, with the intention of characterizing the intellectual inheritance of 1990s' antitrust regulators. Within this context, I then discuss each anti-merger instrument, how it has been applied in specific cases, and how it accords with underlying economic science. On the basis of these arguments, antitrust regulators should pause and reconsider the theoretical and empirical bases of applying unilateral effects and innovation markets to merger investigations.