An empirical analysis of the U.S. Senate vote on NAFTA and GATTInternational Advances in Economic Research - Tập 4 - Trang 105-114 - 1998
Nipoli Kamdar, Jorge G. Gonzalez
This paper examines the determinants of the voting behavior of the U.S. Senate on the North American Free Trade Agreement and the General Agreement on Tariffs and Trade. Public choice theory suggests that the voting behavior of senators is influenced by constituent interests, special interest politics, and their ideology. This paper uses probit analysis to test the significance of the above factor...... hiện toàn bộ
The Impact of Euro on Sectoral Equity Returns and Portfolio RiskInternational Advances in Economic Research - Tập 17 - Trang 119-133 - 2011
Maher Asal
This paper examines the implications of the adoption of the euro and the resulting monetary policy integration for investors in the Euro area in terms of stock market diversification. In particular, we study the difference between investment strategies based on country indices and on sector indices. In addition, we use GARCH-M to model return and volatility for the daily sectoral euro equity indic...... hiện toàn bộ
Entry and Exit Decisions with Switching Regime Excess CapacityInternational Advances in Economic Research - Tập 24 - Trang 351-369 - 2018
Sheng-Ping Yang
This paper examines how expected excess capacity fosters impediments to entry and incentives to exit. To examine this phenomenon, we apply the switching regime methods of Goldfeld and Quandt to a logit model using data from the U.S. aluminum industry over the period 1954 through 2010. The results show that both entry and exit decisions are statistically significantly affected by excess capacity. H...... hiện toàn bộ
Cash flow effects on economic growthInternational Advances in Economic Research - Tập 8 - Trang 155-159 - 2002
Miguel-Ángel Galindo Martín, María-Teresa Méndez Picazo
Policy makers have traditionally considered the macroeconomic relations and the variables that can affect the economic objectives that they pursue, such as prices, employment, balance of payments, and economic growth. Recently, microeconomic behavior has also been considered. To complete the analysis, it is necessary to include those variables that define the firm's evolution and activities, and c...... hiện toàn bộ
Governmental entities: Compliance and performance auditing considerationsInternational Advances in Economic Research - Tập 3 - Trang 206-216 - 1997
Alan Reinstein, Gerald H. Lander
The American Institute of Certified Public Accountants recently issued Statement on Auditing Standards (SAS) No. 69 [1996a]. This establishes two parallel hierarchies—one for the public sector (headed by the Governmental Accounting Standards Board (GASB)) and one for the private sector (headed by the Financial Accounting Standards Board (FASB)). Formerly, governmental accountants had to absorb all...... hiện toàn bộ