The paper builds a model of a parent corporation selling an intermediate product to a foreign subsidiary. The model is used to explain the response of foreign prices to changes in the exchange rate between the country of the parent affiliate and the foreign subsidiary. The model examines this...

Over the period from 1981 through 1999, we investigate the relationship between bankcard delinquencies and key macroeconomic variables. Changes in the proportion of accounts in default are statistically related to the consumer debt ratio. When the delinquency rate is calculated based on the...

The research uses three indicators of quality suggested by the Center for Medicare and Medicaid Services to examine factors leading to differentials in quality of hospital care. We find that hospital quality can be explained by the number of beds, the number of employees per bed, hospital...

Data from 94 Alabama hospitals are examined to determine the relative profitability of sixteen outpatient Diagnosis Related Groups. Analysis of variance and Bonferroni multiple comparisons are made. Supplemental outpatient services are shown to be the most profitable outpatient service studied.

This paper is a further investigation of the trickle-down theory. In addition to using more recent data, we use a methodology that examines some questions not previously addressed in the literature. The results suggest that an increase in wage leads to a more equal income distribution. The...

The research uses three indicators of quality suggested by the Center for Medicare and Medicaid Services to examine factors leading to differentials in quality of hospital care. We find that hospital quality can be explained by the number of beds, the number of employees per bed, hospital...