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  • Articles  (23,076)
  • 1990-1994  (23,076)
  • 1993  (23,076)
  • Mathematics  (15,427)
  • Economics  (8,600)
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  • 1990-1994  (23,076)
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  • 1
    Electronic Resource
    Electronic Resource
    ASYMMETRIC INFORMATION AND MODELS OF CREDIT RATIONING (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 45 (1993), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper outlines the development and exposits some of the central ideas and implications of asymmetric information in the credit market.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00571.x
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  • 2
    Electronic Resource
    Electronic Resource
    RESERVATION WAGES AND THE UNION JOB QUEUE: A SAMPLE SELECTION APPROACH (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 45 (1993), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: This paper uses a unique data set of unemployed semi-skilled workers to examine the relationship between reservation wages and the decision to queue for a union sector job. Estimation of selected reservation wage equations indicates that the failure of all previous estimates to model the queuing decision results in biased coefficients. Those workers who queue for a union job are subject to a distinct reservation wage formation process which differs from those not queuing. Moreover, a structural estimate of the queuing decision demonstrates that workers with the greatest differences between estimated reservation wages in the union and non-union sector are the most likely to queue. This estimate of the queuing decision stands as one of the few which focus on unemployed workers. Among other results, women and minorities are more likely to queue for union jobs, all else equal.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00573.x
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  • 3
    Electronic Resource
    Electronic Resource
    CREDIT, MONEY AND THE GOVERNMENT BUDGET CONSTRAINT (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 45 (1993), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: A credit market is introduced into an IS-LM model with wealth effects and the government budget constraint explicitly considered, The model is able to handle issues such as a credit market shock that would be impossible to examine in standard models without a credit market. The analysis of more standard policies or shocks is enhanced by recognition of the role of the credit market, thus supporting the view that such recognition is both feasible and warranted.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00569.x
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  • 4
    Electronic Resource
    Electronic Resource
    FISCAL POLICIES IN AN INTERTEMPORAL DISEQUILIBRIUM MACROECONOMIC MODEL (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 45 (1993), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: A two-period macroeconomic model where consumption and investment decisions are given microeconomic foundations is presented. The model is used to analyse the effects of both current and anticipated fiscal expansion; careful attention is paid to the implications of the government's intertemporal budget constraint. It is shown that anticipated fiscal expansion may, in certain circumstances, be expansionary. Also, current fiscal expansion, if financed by bonds which are retired through future money creation, may be contractionary.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00559.x
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  • 5
    Electronic Resource
    Electronic Resource
    LABORS INFLUENCE ON THE BALANCE OF THE USA'S MERCHANDISE ACCOUNTS (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Bulletin of economic research 45 (1993), S. 0 
    Details
    ISSN: 1467-8586
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Economics
    Notes: The results found here indicate that American labor does influence importantly the level of imports and exports of manufactures in the US. In particular, imports tend to be lower and exports tend to be higher in those industries in which higher skilled American workers are used more abundantly. Moreover, labor efficiency and productivity also influence inversely the level of imports and directly the level of exports.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-8586.1993.tb00564.x
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  • 6
    Electronic Resource
    Electronic Resource
    COINTEGRATION BETWEEN U.S. WHEAT MARKETS (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 33 (1993), S. 0 
    Details
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . Average monthly price data from twelve hinterland markets and the Houston port price for wheat are studied in a cointegration framework using the Engle-Granger “two-step” procedure and Johansen's maximum likelihood procedure. Out-of-sample forecasts from an error correction model are compared to those from a vector autoregression fit to levels and a univariate autoregression fit to first differences. This comparison suggests that modeling these (cointegrated) data as a levels vector autoregression, rather than as an error-correction process, results in significantly higher error bias, but lower error variance, at long horizons.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-9787.1993.tb00844.x
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  • 7
    Electronic Resource
    Electronic Resource
    PRICE UNCERTAINTY AND PRODUCTION-LOCATION DECISIONS UNDER FREE ENTRY OLIGOPOLY (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 33 (1993), S. 0 
    Details
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper departs from earlier work on location theory under uncertainty by considering an oligopoly case where the symmetric Cournot-Nash equilibrium of imperfectly competitive and identical firms are examined. It will be shown that once a Cournot competitive equilibrium is introduced, the demand function plays a central role in the choice of location, and the effects of changes in fixed costs, mean product price and price variability on the firm's optimum location and output are independent of absolute and/or relative risk aversion. These striking results are in sharp contrast with the well-known results obtained in previous contributions to the location literature.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-9787.1993.tb00847.x
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  • 8
    Electronic Resource
    Electronic Resource
    SELECTED TITLES FROM CURRENT JOURNALS (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 33 (1993), S. 0 
    Details
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-9787.1993.tb00851.x
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  • 9
    Electronic Resource
    Electronic Resource
    FIRST NATURE, SECOND NATURE, AND METROPOLITAN LOCATION (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 33 (1993), S. 0 
    Details
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . Economies of scale, transportation costs, and factor mobility can interact to produce agglomerations even in the absence of any pure external economies. This paper offers a monopolistic competition model of a city that serves an agricultural hinterland; unlike most analyses in location theory, the model is fully general equilibrium, but it has strong links to older concepts in geography, notably the idea of “market potential.” The analysis shows that the forward and backward linkages that hold a population concentration together also allow that concentration to occur in a variety of possible sites—that is, there are multiple equilibria (indeed a continuum) for metropolitan location.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-9787.1993.tb00217.x
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  • 10
    Electronic Resource
    Electronic Resource
    SPATIAL PRICE COMPETITION WITH CONSUIMERS ON A PLANE, AT INTERSECTIONS, AND ALONG MAIN ROADWAYS (1993)
    Oxford, UK : Blackwell Publishing Ltd
    Journal of regional science 33 (1993), S. 0 
    Details
    ISSN: 1467-9787
    Source: Blackwell Publishing Journal Backfiles 1879-2005
    Topics: Geography , Economics
    Notes: . This paper examines two-dimensional price competition on a plane, with a block metric and a square grid of main roadways. One store is located at each intersection of main roadways. Consumer locations include a uniform distribution over the plane, linear concentrations along main roadways, and point concentrations at intersections. Bertrmd-Nash mill price competition is examined first. The equilibrium price depends on the relative numbers of consumers in the three types of locations (and on travel costs per mile and the spacing between stores). If too many consumers are in each point concentration, then the price equilibrium is undermined by a high-price strategy or by mill-price undercutting. Spatial competition with price discrimination is examined next, and compared to Bertrand-Nash mill price competition.
    Type of Medium: Electronic Resource
    URL: http://dx.doi.org/10.1111/j.1467-9787.1993.tb00220.x
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