Attempts to examine the relationship between budget (or public) deficits and exchange rates in eight OECD countries, namely Germany, the UK, Switzerland, Belgium, the Netherlands, Italy, France, and Canada over the period 1980-1995 by using quarterly data and the methodologies of cointegration,...

Estimates a three-equation model to test various economic hypotheses regarding the relationship between unemployment rate and defence spending in 18 OECD countries during the period 1962-1988. Reveals that the relationship which exists between unemployment rate and defence spending is not...

Applies the two-factor version of the Heckscher-Ohlin-Vanek (HOV) theorem. Two hypotheses are derived. The empirical analysis offers support for the second but not for the first hypothesis when trade of each Organization for Economic Co-operation and Development (OECD) country with the rest of...