Utilizing existing survey data and calculated salary means for academic staff, an examination of two aspects of remuneration is undertaken. First, salary differentials between academic staff and second, the value of work undertaken outside office hours. Findings indicate that only a small...

The strong association between unemployment and suicide was found in an examination of annual changes in both of these rates in the USA. However, the association between unemployment and suicide appears to be strong in the United States, but weak or non-existent in other nations.

The results indicate that although interest rate premia reflect a number of small firm risk characteristics, they do not seem to have significantly benefited from the increased bank competition of the late 1980s.

The purpose of this note is to empirically demonstrate that the choice of summary statistic used in specifying the Dickey-Fuller test equation can determine the outcome of a test for stationarity. A reasonable empirical practice would be to evaluate stationarity over different lagged...

It is shown that the variables in the demand for money in India are unit root variables. Therefore the long- and short-run money demand functions are estimated using cointegration methods and error correction formulation. It is found that the long-run income and interest rate elasticities are...

Previous studies have presented a model to determine the profitability of delaying a project for a period. In the model it is implicitly assumed that no change affects the project during the period in question. This assumption is opposed to those usually made in dynamic models. Analysing the...

We use multivariate cointegration techniques to examine market efficiency with respect to five bilateral exchange rates of the Greek drachma. The conclusion is that the five exchange rates possess one long-run relationship and that the existence of the cointegration relation is not affected by...

Evidence is presented that a positive association existed between inflation and relative prices for Taiwan during a period of hyperinflation (1946-1949). The empirical result is consistent with most of the findings in the literature. Intramarket price dispersion is positively related to the...

This paper uses a time varying parameter (TVP) approach to model and forecast the aggregate consumers' expenditure on non-durables and services in the UK. The results suggest that the TVP method is particularly useful in forecasting when the structure of the consumption model is unstable.

This note examines the effect of tax evasion on the excess rate of return. With a simple assumption about tax evasion, we find that a small successful tax evasion will lower the excess rate of return at an increasing rate under progressive taxation.