Bulletin of Economic Research

1970 - 2025

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Volume 67, month 12, 2015

ASIAN REAL EXCHANGE RATES AND OIL PRICES: A COINTEGRATION ANALYSIS UNDER STRUCTURAL BREAKS pp. S1-S25

Salah Nusair and Khalid Kisswani

THE ALLOCATION OF OECD DIRECT INVESTMENT BETWEEN CEECS: A DISCRETE CHOICE APPROACH pp. S26-S39

Simona Rasciute, Sean Puckett and Eric Pentecost

REGULATION OF POLLUTION IN THE LABORATORY: RANDOM INSPECTIONS, AMBIENT INSPECTIONS, AND COMMITMENT PROBLEMS pp. S40-S73

François Cochard, Julie Le Gallo and Laurent Franckx

DOES MONOPOLISTIC COMPETITION EXIST IN THE MENA REGION? EVIDENCE FROM THE BANKING SECTOR pp. S74-S96

Michael Polemis

A SMOOTH AMBIGUITY MODEL OF THE COMPETITIVE FIRM pp. S97-S110

Kit Pong Wong

HUMAN CAPITAL AND THE PROBABILITY OF DIVORCE pp. S111-S134

Ori Zax

Volume 67, month 10, 2015

INVESTMENT BEHAVIOUR, CORPORATE CONTROL, AND PRIVATE BENEFITS OF CONTROL: EVIDENCE FROM A SURVEY OF UKRAINIAN FIRMS pp. 309-323

Dariya Mykhayliv and Klaus Zauner

IMMEDIATE SETTLEMENT OR ENDURING A STRIKE: THE CHOICE OF SIGNALS pp. 324-335

Zhiyong Yao

N-FIRM OLIGOPOLY WITH GENERAL ISO-ELASTIC DEMAND pp. 336-345

Rodney Beard

EMPLOYMENT EFFECTS OF HEALTH SHOCKS: THE ROLE OF FRINGE BENEFITS pp. 346-358

David Zimmer

DEFENCE AND NON-DEFENCE SPENDING IN THE USA: STIMULI TO ECONOMIC GROWTH? COMPARATIVE FINDINGS FROM A SEMIPARAMETRIC APPROACH pp. 359-370

Christos Kollias and Suzanna-Maria Paleologou

EXPORT AND HEDGING DECISIONS UNDER CORRELATED REVENUE AND EXCHANGE RATE RISK pp. 371-381

Kit Pong Wong

THE CONSIDERATION OF HUB-AND-SPOKE STATUS IN FTA FORMATION pp. 382-392

Jiyun Cao

MACROECONOMIC VOLATILITY AND INTERNATIONAL INTEGRATION pp. 393-410

Marta Arespa Castello

Volume 67, month 07, 2015

INCENTIVE AND INSURANCE EFFECTS OF INCOME TAXATION pp. 209-226

Torben M. Andersen

FROM DISCRETE TO CONTINUOUS-TIME TRANSITION MATRICES IN INTRA-DISTRIBUTION DYNAMICS ANALYSIS: AN APPLICATION TO PER CAPITA WEALTH IN EUROPE pp. 227-235

Maria Hierro and Adolfo Maza

ON THE PRICE EFFECTS OF HORIZONTAL MERGERS: A THEORETICAL INTERPRETATION pp. 236-255

Emilie Dargaud and Carlo Reggiani

DOES FOREIGN INTELLECTUAL PROPERTY RIGHTS PROTECTION AFFECT US EXPORTS AND FDI? pp. 256-264

Titus Awokuse and Grace Gu

OUTPUT–EMPLOYMENT RELATIONSHIP ACROSS SECTORS: A LONG- VERSUS SHORT-RUN PERSPECTIVE pp. 265-288

Afsin Sahin, Aysıt Tansel and Hakan Berument

PARADIGM SHIFT: A MEAN FIELD GAME APPROACH pp. 289-302

Damien Besancenot and Habib Dogguy

A CHARACTERIZATION OF THE RAWLSIAN SOCIAL ORDERING OVER INFINITE UTILITY STREAMS pp. 303-308

Kaname Miyagishima

Volume 67, month 04, 2015

THE RISK-FREE RATE IN A FINITE HORIZON MODEL WITH BEQUESTS pp. 105-114

Xiaoyong Cui and Liutang Gong

ADVERSE SELECTION IN DYNAMIC MATCHING MARKETS pp. 115-133

Klaus Kultti, Eeva Mauring, Juuso Vanhala and Timo Vesala

STRATEGIC OUTSOURCING UNDER ECONOMIES OF SCALE pp. 134-145

Yutian Chen and Debapriya Sen

SCALE ECONOMIES AND HETEROGENEITY IN BUSINESS MONEY DEMAND: THE ITALIAN EXPERIENCE pp. 146-165

Piero Ganugi, Luigi Grossi and Giancarlo Ianulardo

ASYMMETRIC INFORMATION AND EXCHANGE OF INFORMATION ABOUT PRODUCT DIFFERENTIATION pp. 166-185

Antonio Brandao and Joana Pinho

WHAT DETERMINES RELIGIOUS SCHOOL CHOICE? THEORY AND EVIDENCE FROM RURAL BANGLADESH pp. 186-207

M Asadullah, Rupa Chakrabarti and Nazmul Chaudhury

Volume 67, month 01, 2015

ENDOGENOUS FLEXIBILITY IN THE FLEXIBLE MANUFACTURING SYSTEM pp. 1-13

Toshihiro Matsumura and Daisuke Shimizu

CALCULATING WELFARE COSTS OF INFLATION IN A SEARCH MODEL WITH PREFERENCE HETEROGENEITY: A CALIBRATION EXERCISE pp. 14-29

Pedro de Araujo

HOW CAN PUBLIC SPENDING HELP YOU GROW? AN EMPIRICAL ANALYSIS FOR DEVELOPING COUNTRIES pp. 30-64

Nihal Bayraktar and Blanca Moreno-Dodson

ARE LONG-TERM INFLATION EXPECTATIONS WELL-ANCHORED? EVIDENCE FROM THE EURO AREA AND THE UNITED STATES pp. 65-82

Tsvetomira Tsenova

REDISTRIBUTIVE POLITICS AND GOVERNMENT DEBT IN A BORROWING-CONSTRAINED ECONOMY pp. 83-103

Ryo Arawatari and Tetsuo Ono

Volume 66, month 12, 2014

EQUIVALENT OPTION PRICE WITH SUPPLY UNCERTAINTY pp. S1-S16

Aric Shafran

COMPARATIVE STATICS OF A MONOPOLISTIC FIRM FACING RATE-OF-RETURN AND COMMAND-AND-CONTROL POLLUTION CONSTRAINTS pp. S17-S35

Michael Caputo and Dmitriy Popov

HOME MARKET EFFECTS IN THE CHAMBERLINIAN–RICARDIAN WORLD pp. S36-S54

Yo-Yi Huang, Cheng-Te Lee and Deng-Shing Huang

DYNAMICS OF PRODUCTIVITY AND COST OF LABOUR IN ITALIAN MANUFACTURING FIRMS pp. S55-S73

Giulio Bottazzi and Marco Grazzi

UNIVERSAL ACCESS, PARALLEL TRADE AND INCENTIVES TO INNOVATE pp. S74-S91

Rajat Acharyya and Maria Garcia-Alonso

RIDGE ESTIMATORS FOR PROBIT REGRESSION: WITH AN APPLICATION TO LABOUR MARKET DATA pp. S92-S103

Håkan Locking, Kristofer Månsson and Ghazi Shukur

MORAL HAZARD, RISK AVERSION AND EFFICIENCY pp. S104-S109

Oliver Gürtler

THE IMPACT OF DOMESTIC AND FOREIGN COMPETITION ON SECTORAL GROWTH: A CROSS-COUNTRY ANALYSIS pp. S110-S131

Joanna Wolszczak-Derlacz

ON THE SUSTAINABILITY OF COLLUSION IN A DIFFERENTIATED OLIGOPOLY WITH A CARTEL AND A FRINGE pp. S132-S137

Marc Escrihuela-Villar and Jorge Guillén

THE RELATIONSHIP BETWEEN EXPORT STATUS AND PRODUCTIVITY IN SERVICES: A FIRM-LEVEL ANALYSIS FOR SPAIN pp. S138-S146

Asier Minondo

WHO WANTS PATERNALISM? pp. S147-S166

Sofie Kragh Pedersen, Alexander Koch and Julia Nafziger

Volume 66, month 10, 2014

PARTISAN ADVOCATES pp. 313-332

Chulyoung Kim

A NOTE ON PRICING OF PRODUCT QUALITY FOR STATUS CONCERNS pp. 333-345

Kangsik Choi

MARKUPS AND WELFARE COSTS OF BUSINESS CYCLES IN TURKEY pp. 346-357

Ensar Yılmaz

SUBSIDIZATION AND BARGAINING IN MIXED OLIGOPOLIES pp. 358-373

Dapeng Cai and Li Jie

UNIONS' RELATIVE CONCERNS AND STRIKES IN WAGE BARGAINING pp. 374-383

Ana Mauleon, Vincent Vannetelbosch and Cecilia Vergari

MINIMUM WAGE HIKES AND THE WAGE GROWTH OF LOW-WAGE WORKERS pp. 384-405

Joanna K. Swaffield

A DYNAMIC ENTRY AND PRICE GAME WITH CAPACITY INDIVISIBILITY pp. 406-419

Massimo A. Francesco

Volume 66, month 07, 2014

MAXIMUM SUSTAINABLE GOVERNMENT DEBT IN THE PERPETUAL YOUTH MODEL pp. 217-230

Neil Rankin

PRICE FLOORS AND QUALITY CHOICE pp. 231-245

Volodymyr Bilotkach

THE PERSISTENCE OF INCOME POVERTY AND LIFESTYLE DEPRIVATION: EVIDENCE FROM ITALY pp. 246-278

Francesco Devicienti, Valentina Gualtieri and Mariacristina Rossi

SELF-REPORTED ECONOMIC CONDITION AND HOME PRODUCTION: INTRA-HOUSEHOLD ALLOCATION IN ITALY pp. 279-304

Lucia Mangiavacchi and Chiara Rapallini

ENDOGENOUS TIMING IN A MIXED DUOPOLY WITH ENDOGENOUS VERTICAL DIFFERENTIATION pp. 305-312

Lin Liu and Yuanzhu Lu

Volume 66, month 04, 2014

JOB MARKET SIGNALLING WITH TWO DIMENSIONS OF PRIVATE INFORMATION pp. 113-132

Wei Zhang

ANALYSIS OF POVERTY AND EFFICIENCY: AN EARNINGS FRONTIER APPROACH pp. 133-155

Somnath Chattopadhyay

THE IMPACT OF MANUFACTURING FIRMS’ USE OF ACADEMIC WORKERS ON THEIR PRODUCTIVITY LEVEL pp. 156-172

Pål Børing

AN EVALUATION OF THE GREEK UNIVERSITIES’ ECONOMICS DEPARTMENTS pp. 173-182

Stelios Katranidis, Theodore Panagiotidis and Costas Zontanos

THE EFFECT OF GOVERNMENT SPENDING ON ECONOMIC GROWTH: TESTING THE NON-LINEAR HYPOTHESIS pp. 183-204

Tamoya Christie

A NOTE ON THE PROPERTY RIGHTS THEORY AND THE EX ANTE VALUE OF INFORMATION pp. 205-215

Vijay Mohan

Volume 66, month 01, 2014

SOFT BUDGET CONSTRAINT RECONSIDERED pp. 1-19

Mehrdad Vahabi

RISK PERCEPTION AND EQUITY RETURNS: EVIDENCE FROM THE SPX AND VIX pp. 20-44

Jianhua Gang and Xiang Li

HUMAN CAPITAL DISTRIBUTION, GROWTH AND TRADE pp. 45-54

Cheng-Te Lee and Deng-Shing Huang

R&D EFFICIENCY AND THE NATIONAL INNOVATION SYSTEM: AN INTERNATIONAL COMPARISON USING THE DISTANCE FUNCTION APPROACH pp. 55-71

Jin-Li Hu, Chih-Hai Yang and Chiang-Ping Chen

SOME OBSERVATIONS ON THE HIGH-FREQUENCY VERSIONS OF A STANDARD NEW-KEYNESIAN MODEL pp. 72-94

Reiner Franke and Stephen Sacht

WEALTH, ASSET PORTFOLIO, MONEY DEMAND AND POLICY RULE pp. 95-111

Ricardo Sousa