Earlier studies that investigated the relation between exchange rate and domestic output employed panel data. In this paper we improve upon the traditional approaches of the existing econometric literature on contractionary devaluation or depreciation by applying panel unit root and panel...

Previous research seeking to assess the short-run and long-run effects of currency depreciation on the UK trade balance has employed either aggregate trade data between U.K. and the rest of the world or bilateral trade data between U.K. and one of its major trading partners, the US. Neither...

The J-Curve effect is a concept used to describe the short-run effects of currency depreciation on the trade balance, i.e., an initial deterioration of the trade balance followed by an improvement. A concept close to the J-Curve is the S-Curve introduced by Backus, et al (1994) who found that...

Earlier studies that investigated the impact of devaluation on domestic production relied upon the aggregate demand analysis. They argued that by making a country?s exports cheaper and imports expensive, devaluation is said to stimulate the aggregate demand and thus, domestic production. In this...

In this paper, we consider a single-machine common due-window assignment scheduling problem with deteriorating jobs. Jobs’ processing times are defined by function of their starting times and job-dependent deterioration rates that are related to jobs and are not all equal. The objective is to...

We consider the single machine job sequencing problem with release dates. The main purpose of this paper is to investigate efficient and effective approximation algorithms with a bicriteria performance guarantee.