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Progress in Economics Research: Volume 39

Editat de Albert Tavidze
en Limba Engleză Paperback – dec 2017
This compilation begins by discussing the connection between perceived employability and job insecurity on psychological health and job-related outcome variables. A study testing this correlation is presented, with results suggesting that perceived employability and job insecurity facilitates the effects of self-efficacy on psychological health, job satisfaction, and dedication. Additionally, research on productivity growth in 55 major Australian urban water utilities over a four-year period is described. In this study, productivity growth was broken-down into technical efficiency and technological change by way of Malmquist indices. Later, price dynamics are investigated to determine market integration, market efficiency and spatial arbitrage. Based on empirical investigations, several policy implications are derived in terms of efficacy and effectiveness of policy measures, or interventions on trade policies. The authors provide a review of federal-level regulation of the U.S. interstate natural gas pipeline industry, placing modern rules and regulations into their appropriate historical context by reviewing the evolution of gas pipeline regulation over the course of the 20th Century. The authors also examine the question of the creation of global government and global currency, especially analyzing the current unstable financial system and the threat of war resulting from unstable intergovernmental relationships. The use of global currency is imagined under the surveillance of a Global Central Bank, which would consist of representatives of national governments with voting rights determined by the share of national GNP in total gross product in the community of participating nations. A paper exploring restaurant bankruptcy in the U.S. between 1980 and 2014 is included, with the goal of developing a bankruptcy prediction model and explaining that restaurateurs should be more cautious in selecting their operation types to aid in financial stability. The active relationship between economic growth, inflation, stock market development, and globalization is studied using the panel VAR methodology, with the objective of determining the behavior of certain variables and observing how these elements interact with one another. Another paper studies whether or not the financial market of China is integrated with the financial market of the U.S., with its data converted into cumulative partial sums by using a software component created by the authors in Octave language. By estimating the asymmetric generalized impulse response functions, the authors suggest that these financial markets are linked interactively when the markets are falling. A final paper is presented investigating the nature of dependence between stock prices and exchange rate in Nigeria from January of 2000 to December of 2015. Overall, the evidence indicates the dominance of the portfolio balance effect, with stock prices leading the exchange rate. This leads the authors to determine that stabilizing the stock market is imperative for exchange rate management to minimize the transmission of systemic risk and contagion between both markets.
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Specificații

ISBN-13: 9781536128574
ISBN-10: 1536128570
Pagini: 191
Dimensiuni: 155 x 230 x 19 mm
Greutate: 0.47 kg
Editura: Nova Science Publishers Inc
Colecția Nova Science Publishers Inc
Locul publicării:United States

Cuprins

Preface; Creating a Sustainable EMU: A Proposal for a Semi-Automatic Stabilisation Mechanism; Taxing a Polluting Monopoly with Private Information; Health Insurance: A Primer; Economic Integration of China's Hong Kong & Macao: Regional & International Dimensions; Incomes & Spending of the Polish Population in 2006: Regional Differences in the Structure of Consumption in a Multivariate Approach; Foreign Investment in U.S. Securities (James K. Jackson, Specialist in International Trade & Finance, Congressional Research Service); Licensing in a Vertical Structure; Generating Social Welfare Functions on Restricted Domains by Prolog; Not Only Economic, but also Social Hubris? Is Child Mortality in the Wealthiest OECD Nations a Case to Answer for "Anglo-American" Countries & their Approach to Accounting & Business?; Offshoring & Global Standards: Some Issues (Commentary); The Impact of the Temporary Short-Sale Ban on Liquidity & Efficiency; Taxation & the Rise of Alco-Pops in Australia; Foreign Holdings of Federal Debt; Model Independent Economics Based on Swarm Engineering; Computational Applications in Consumer Search Models; The Banking Crisis & its Risks: Commercial Mortgage-Backed Securities; European Double-Barrier Options with a Compound Poisson Component; Enhanced Indexation & Cardinality Constraints; Short & Long-Run Effects on Trade on Growth & Welfare; Index.