71st International Atlantic Economic Conference

March 16 - 19, 2011 | Athens, Greece

71st International Atlantic Economic Conference: Sections

The Hydrocarbons Industry and the Tragedy of the Niger Delta
Tamunopriye Jones Agiobenebo, University of Port Harcourt, Port Harcourt, Nigeria—Nigeria
Social Economic Value of the S. Domingos Abandoned Mine Rehabilitation Projects
Isabel Mendes, ISEG/SOCIUS/CIRIUS, Technical University of Lisbon—Portugal
The Relationship between Income and Stated WTP: What Elasticities are we Measuring?
Jorge Madeira Nogueira, University of Brasília.—Brazil; Pedro Gasparinetti Vasconcellos, University of Brasília—Brazil
On Commons,Tragedies, and Other Metaphors
Manuel Pacheco Coelho, Technical University of Lisbon/ISEG—Portugal; José Bonito Filipe, ISCTE—Portugal; Manuel Alberto Ferreira, ISCTE—Portugal
Industry-level Total-factor Energy Efficiency in Developed Countries
Satoshi Honma, Kyushu Sangyo University—Japan; Jin-Li Hu, National Chiao Tung University—Taiwan
Public Sector Redistribution in Non-democratic Countries
Muhammed Nurul Islam, Concordia University—Canada
Drug War Impacts on Regional Economies: Ciudad Juarez, Mexico and El Paso,Texas
Elizabeth Gibson, University of Texas at El Paso—USA; Dennis L. Soden, University of Texas at El Paso—USA; Janet S. Conary, University of Texas at El Paso—USA
Is there a Mortality Kuznets Curve?
Fidel Gonzalez, Sam Houston State University—USA; Troy Quast, Sam Houston State University—USA
Sectoral Shocks and Loan Losses: The Case of a Small Open Economy
Anton Belgrave, Central Bank of Barbados—Barbados; Kester Guy, Central Bank of Barbados—Barbados; Mahalia Jackman, Central Bank of Barbados—Barbados
Foreign Aid, Corruption, and the Informal Economy in Weak States
Andrew Samuel, Loyola University, Maryland—USA; Ingela Alger , Carleton University—Canada
Transition Recession in CEB and CIS: Micro and Macro Analysis
Mehdi Haririan, Bloomsburg University of Pennsylvania—USA
Fiscal Policy, Governance, and the Growth Performance in Resource Abundant Economies
Marina-Selini Katsaiti, United Arab Emirates University—United Arab Emirates
GNP and GNH: How Macroeconomics Fails to Measure Environmental Monetary Values
Jorge Madeira Nogueira, University of Brasília.—Brazil; Romana Coelho Araujo, Federal Public Attorney Office—Brazil
Permanent Income and Adaptive Expectations: Estimation of a EU Consumption Function
Tamara Apostolou, Buffalo State College (SUNY)—USA; Victor Kasper Jr., Buffalo State College (SUNY)—USA
Marital Matching among U.S. Residents: A Comparison by Region of Origin
Sonia Dalmia, Grand Valley State University—USA
Distributional Asymmetry of Higher Co-moments
Gregory Koutmos, Fairfield University—USA; Kenneth Högholm, Hanken School of Economics—Finland; Johan Knif, Hanken School of Economics—Finland; Seppo Pynnönen, University of Vaasa—Finland
A Factor Approach to Realized Volatility Forecasting and Market Microstructure Noise
Alev Atak, QUEEN MARY, UNIVERSITY OF LONDON—United Kingdom; George Kapetanios, Queen Mary, University of London—United Kingdom
Shareholder Taxation and Valuation: The Case of the Canadian REIT Sector
Trevor W. Chamberlain, McMaster University—Canada; Hesam Shahriari, McMaster University—Canada
Empirical Analysis of the Diffusion of Information across Stock Markets of New EU Members
Ovidiu Stoica, “Alexandru Ioan Cuza” University of Iasi, Romania—Romania; Seyed Mehdian, University of Michigan-Flint—USA
Abnormal Returns before Public Offers of Acquisition: Evidence from Europe
Maria Rosa Borges, Technical University of Lisbon - Instituto Superior de Economia e Gestao and UECE—Portugal; Ricardo Gairifo, Comissão dos Mercados de Valores Mobiliários (CMVM)—Portugal
The EMH: The Applicability of American Models to the Greek Stock Market
Darrol J. Stanley, Pepperdine University—USA; Demos Vardiabasis, Pepperdine University—USA; Demetrios Moschos, University of Athens—Greece
The Public Duties and Social Responsibilities of British Banks
Andrew W. Mullineux, University of Birmingham—United Kingdom
A Comparison of Congressional House Voting on Banking Legislation across the Years
Christopher Colburn, Old Dominion University—USA; Sylvia C. Hudgins, Old Dominion University—USA
Financial Spillovers of the Subprime Crisis on the Indian Equity Markets
Gilles Dufrénot Sr, Banque de France, CEPII and DEFI, Université d'Aix-Marseille II—France; Benjamin Keddad Jr, DEFI, Université d'Aix-Marseille II—France; Alain Sand Sr, OFCE and GATE Lyon Saint Etienne, Université Lumière Lyon II—France
Total Factor Productivity Growth within the Manufacturing Sector in Singapore
Soon-Beng Chew, Nanyang Technological University—Singapore
Industrial Policy and Firm Strategy: The Case of the Japanese Automobile Industry
Evelyn L. Anderson, Australian Catholic University—Australia
Regulation of Electricity Transmission: The Brazilian Experience
Goret Pereira Paulo, Fundação Getulio Vargas—Brazil
ICT and Efficiency of Production: A Comparative Study of OECD Service Industries
Sotiris Papaioannou, Centre for Planning and Economic Research—Greece
The Economic Impact of the Global Financial Crisis on Low-Income Economies
Oluwole Owoye, Western Connecticut State University—USA; Olugbenga A. Onafowora, SUSQUEHANNA UNIVERSITY—USA
Current Account Imbalances in the Southern Euro Area
Piyaporn Sodsriwiboon, International Monetary Fund—USA
The Eurozone's Real Exchange Rates
Antonin Rusek, Susquehanna University—USA
Which Country Should Leave Euro?
Sung Sohn, California State University—USA
The Risk Adjusted Interest Parity: Theory and Evidence
Heeho Kim, Kyungpook National University—Korea, Republic of (South); Sewoon Park, Changwon National University—Korea, Republic of (South)
Effects of Currency Substitution as a Logical Consequence of Pricing-to-Market
Hiroya Akiba, Waseda University—Japan; Yixin Feng, Fujitsu Co., Ltd.—Japan; Kazuharu Kiyono, Waseda University—Japan
Investigating Monetary Models in a Petrocurrency: The case of the Norwegian Krone
Thomas Markopoulos, University of Thessaly—Greece; Stephanos Papadamou, University of Thessaly—Greece
Co-movements of Oil, Gold, the U.S. Dollar, and Stocks
Subarna Samanta, The College of New Jersey—USA; Ali H. M. Zadeh, Susquehanna University—USA
Japanese Outward FDI and Political Risk: Evidence from Panel Data Analysis (1995-2008)
Ivan Deseatnicov, Waseda University—Japan; Hiroya Akiba, Waseda University—Japan
A Growth Model of Global Imbalances
Lionel Artige, University of Liège—Belgium
Workers without Borders? Culture, Migration, and the Political Limits to Globalization
Sanjay Jain, University of Cambridge—United Kingdom; Sumon Majumdar, Queen's University—Canada; Sharun Mukand, University of Warwick—United Kingdom
Political Economy of Eurozone Crisis: Toward Political Union or Disintegration?
Lubor Lacina, Mendel University, Czech Republic—Czech Republic
Exports and Unemployment: Evidence from the German Länder
Martin Klein, Martin-Luther-University of Halle-Wittenberg—Germany; Tobias Weirowski, Martin-Luther-University of Halle-Wittenberg—Germany
A Demand for Cuban Tobacco Exports
Manuel Cantavella-Jordá Jr., Universitat Jaume I and Instituto de Economía Internacional—Spain
Domestic Conditions and the Effects of FDI on Economic Growth in Developing Countries
Sukhwinder Bagi, Bloomsburg University of Pennsylvania—USA
Determinant of Growth: A Bayesian Approach
Zervoyianni Athina Sr, University of Patras, Greece—Greece
Growth and Trade Pattern in a Monetary Two-Country Heterogeneous Households Growth Model
Wei-Bin Zhang, Ritsumeikan Asia Pacific University—Japan
Currency Convertibility and Import Demand in the ECOWAS Countries
Kimiko Sugimoto, Konan University—Japan
How much do the Technological Gap, Firm Size, and Location Matter for Spillovers?
Filippo Reganati, University of Rome,La Sapienza—Italy; Cesare Imbriani, University of Rome, La Sapienza—Italy; Rosanna Pittiglio, Second University of Naples—Italy; Edgardo Sica, University of Foggia—Italy
The Uneven Effect of Maritime Transport Costs on International Trade
Sami Bensassi, Institute of International Economics. Universitat Jaume I. Castellón—Spain; Laura Márquez-Ramos, Institute of International Economics. Universitat Jaume I. Castellón—Spain; Inmaculada Martinez-Zarzoso, Institute of International Economics. Universitat Jaume I. Institute for Statistics and Econometrics. Göttingen Universität.—Spain; Celestino Suárez-Burguet, Institute of International Economics. Universitat Jaume I. Castellón. Spain—Spain
Outward FDI and Home Country Employment in US Manufacturing Industries
J.K. Mullen, Clarkson University—USA; Martin Williams, Northern Illinois University—USA
Outflow of Manufacturing Facilities, Environmental Policy, and International Migration
Nicola Coniglio, University of Bari—Italy; Kenji Kondo, Chukyo University—Japan
Economic Determinents of FDI in Transition Countries: The Perspective of the SEEC
Drazen Derado, University of Split, Faculty of Economics—Croatia
The Gender Earnings Gap for New College Graduates in the U.S
Robert J. Thornton, Lehigh University—USA; Judith McDonald, Lehigh University—USA
How Work Context Affects Public Employee Cognitions
Dimitris Mardas, Aristotle University of Thessaloniki—Greece; Faidon Theofanidis, Univerasity of Patras—Greece; Sophia Philippidou, Athens University of Economics & Business,—Greece
Teams in R&D: Evidence from Inventor Data
Jinyoung Kim, Korea University—Korea, Republic of (South)
The Educational Achievement of Pupils with Immigrant and Native Mothers in Taiwan
Eric S. Lin, National Tsing Hua University—Taiwan; Yu-Lung Lue, National Tsing Hua University—Taiwan
Trends in the Gender Earnings Gap and the Role of Productivity
Michelle Casario, Villanova University—USA
The Effects of Body Weight on Employment and Marriage in Japan
Tomoko Furugori, Chuo University—Japan
High Employment Generating Sectors in Portugal: An Interindustry Approach
João Carlos Lopes, ISEG/UECE - Technical University of Lisbon—Portugal
Teaching Macroeconomics after the Crisis
Manfred Gärtner, University of St. Gallen—Switzerland; Björn Griesbach, University of St. Gallen—Switzerland; Florian Jung, University of St. Gallen—Switzerland
Skills for Lifelong Learning: Students Thinking and Learning about Cognition in Economics
Fahima Aziz, Hamline University—USA; Karl R. Wirth, Macalester College—USA
Entrepreneurship in the Context of Crisis: Identifying Barriers and Proposing Strategies
Eleni Papaoikonomou, Universitat Rovira i Virgili—Spain; Pere Segarra, Universitat Rovira i Virgili—Spain; Xiaoni Li, Universitat Rovira i Virgili—Spain
Ecological Uncertainty and Firm Decisions in Investment Abatement Capital
Enrico Saltari, Sapienza, University of Rome—Italy; Giuseppe Travaglini, Carlo Bo, University of Urbino—Italy
On Globalization: Theory, Philosophy, and Strategy
Sean D. Jasso, Pepperdine University—USA
Expectations and Inflation: Evidence from the Euro Area, Japan, and the U.S
Maritta Paloviita, Bank of Finland—Finland; Mika Kortelainen, University of Manchester—United Kingdom; Matti Virén, Bank of Finland—Finland
Ethical Shortfall and the Crisis of 2008: Relearning Veblen
Gautam Mukerjee, University of Pittsburgh at Bradford—USA
Lisbon and the Coherence of Council Votes
Marco Fantini, EU—Belgium; Klaas Staal, University of Bonn—Germany
Product Quality in Different Markets and Cost Structure
Kiyoshi Matsubara, Nihon University—Japan
Uncertainty, Alienation, Polarization, and Voter Turnout
Natalya R. Brown, Nipissing University—Canada
Transactional Measuring of Institutions
Evgeny V. Popov, Institute of Economics, Ural Branch of Russian Academy of Sciences—Russia; Lyudmila N. Popova, Institute of Management of the Ural Federal University—Russia
The Economics of Collective Brands
Arthur Fishman, Bar Ilan University—Israel
Product Differentiation in a Regulated Market: A Welfare Analysis
Hamid Hamoudi, Universidad Rey Juan Carlos—Spain; Marcos Sanz Martín-Bustamante Mr, URJC de Madrid—Spain; Isabel Rodriguez, URJC de Madrid—Spain
When do Banks Share Customer Information?
Ivan I. Major, Hungarian Academy of Sciences, Budapest University of Technology and Economics—Hungary
Income Tax Progressivity and Government Size
Pavel A. Yakovlev, Duquesne University—USA
Does Power Equal Corruption? An Empirical Inquiry
Kanybek D. Nur-tegin, Florida Atlantic University—USA; Hans J. Czap, University of Michigan-Dearborn—USA
Levels of Deficit Essential to Sustainable Robustness by Country in Europe
Hideyuki Kamiryo, Hiroshima Shudo University—Japan
A Simple and Flexible Alternative to the Stability and Growth Pact Deficit Ceilings
Anton V. Muscatelli, University of Glasgow—United Kingdom; Piergiovanna Natale, Università Milano Bicocca—Italy; Patrizio Tirelli, University of Milano Bicocca—Italy
Social and Military Spending during Growth Accelerations and Decelerations
Nadia Doytch, University of New Haven—USA; Ronald U. Mendoza, UNICEF—USA; Joshua Greenstein, The New School for Social Research—USA
The Market Structure of the Greek Manufacturing Industry: A Hall-Roeger Approach
Anthony N. Rezitis, University of Western Greece—Greece; Mari A. Kalantzi, University of Western Greece—Greece
Spatial and Non-spatial Approaches to Agricultural Convergence in the EU
Maria Sassi, University of Pavia—Italy; Luciano Gutierrez, University of Sassari—Italy
Investigating the Phenomenon of Expatriation
Nancy Bouranta, University of Ioannina—Greece
The More-is-less Phenomenon in Contingent and Inferred Valuation for Food Products
Spiros Stachtiaris, Agricultural University of Athens—Greece; Andreas Drichoutis, University of Ioannina—Greece; Stathis Klonaris, Agricultural University of Athens—Greece
Food Stamp Participation and Obesity: Matching Estimators and Their Sensitivity
Achilleas Vassilopoulos, Agricultural University of Athens—Greece; Rodolfo M. Nayga Jr., University of Arkansas—USA; Panagiotis Lazaridis, Agricultural University of Athens—Greece
Measurement of Assets under Financial Crisis Conditions
Dana Dvorakova, University of Economics Prague—Czech Republic
The Prudence Principle in Financial Reporting: Auditing Issues
Marie Pasekova, Tomas Bata University in Zlin—Czech Republic; Libuse Mullerova, University of Economics Prague—Czech Republic; Jiri Strouhal, Skoda Auto University—Czech Republic
Harmonization of Financial Reporting in Baltic Countries
Jiri Strouhal, Skoda Auto University—Czech Republic; Monika Nikitina-Kalamäe, Tallinn University of Technology—Estonia; Jaan Alver, Tallinn University of Technology—Estonia; Kaidi Kallaste,; Jaan Alver, Tallinn University of Technology—Estonia
Economic Value Added and Its Benefit for Owners and Managers of Czech Companies
Bohuslava Knapova, University of Economics Prague—Czech Republic; Boris Popesko, Tomas Bata University-Zlín—Czech Republic
Valuation Issues upon Extraordinary Financial Reporting
Jirina Boksova, Skoda Auto University—Czech Republic; Monika Randakova, University of Economics Prague—Czech Republic
Economic and Monetary Union: Current Fiscal Disturbances and Future
Slawomir I. Bukowski, K. Pulaski Technical University of Radom, Faculty of Economics—Poland
FINANCIAL STRATEGIES OF THE LODZ REGION ENTERPRISES
Jerzy Rozanski, University of Lodz, Faculty of Management—Poland; Dorota Starzynska, University of Lodz, Faculty of Management, Department of Business Management—Poland
The Process of Education on Health and Safety Services and Organizational Development
Katarzyna Boczkowska, Technical University of Lodz—Poland; Marta Znajmiecka-Sikora, University of Lodz / Human Resource Development Association—Poland
The Role of Lifelong Learning for an Ageing Europe
Elzbieta M. Roszko, University of Lodz, Faculty of Economics and Sociology—Poland; Justyna Wiktorowicz, University of Lodz—Poland
Crisis and Convergence in the European Union
Viktoria Vasary, University of Pannonia—Hungary; Peter Halmai, University of Pannonia—Hungary
The market potential of polish family firms vs non-family firms - empirical results
Janusz Kornecki, UNIVERSITY OF LODZ, FACULTY OF MANAGEMENT—Poland; Elzbieta M. Roszko, University of Lodz, Faculty of Economics and Sociology—Poland
Growing Together: Croatia and Latvia
Thorvaldur Gylfason, University of Iceland—Iceland; Eduard Hochreiter, Joint Vienna Institute—Austria
EU Cohesion Policy and Its Implementation in Poland: A Critical Assessment
Malgorzata Dziembala, The University of Economics in Katowice—Poland
Living Better, Living Longer? Is Ageing in Line with Economic Performance?
Erzsebet Kovacs, Corvinus University of Budapest—Hungary
The Effect of a Change in Legislation on the Wage Gap in Brazil
Paulo Loureiro, University of Brasilia—Brazil
Public Investment in Transportation and Economic Growth in Brazil
Geovana Lorena Bertussi, University of Brasilia—Brazil; Roberto Ellery Jr., University of Brasilia—Brazil
Long-run Equilibrium Exchange Rates in Latin America and Asia
Simone M. Cuiabano, University of Brasilia/Ministry of Finance—Brazil
Inflation and Its Volatility Under Inflation Targeting: A Comparative Analysis
Gustavo Jose de Guimaraes e Souza, Bank of Brazil—Brazil; Helder F. Mendonca, Fluminense Federal University—Brazil
On Demand: A Descriptive Non-utility Maximizing Approach
Lars-Göran Larsson, Gothenburg University—Sweden
The Role of Transactions Costs in Economic Growth
David S. Bywaters, University of Hertfordshire, England—England; Pawel Mlodkowski, Collegium Mazovia - Innovative University—Poland
The Use of Cost of Illness (COI) and a Dynamic Analysis of Improvements
Jose Ferraz-Nunes, University of Linköping—Sweden
Determinants of Total Factor Productivity
Wladyslaw Welfe, University of Lodz—Poland; Waldemar Florczak, University of lodz—Poland
Accounting Disclosure, Corporate Governance, and Investor Protection
Marek Gruszczyński, Warsaw School of Economics—Poland
Information and Prediction Criteria for Model Selection
Mariola Pilatowska, Nicolaus Copernicus University in Torun—Poland
Congruent Approach vs. Autometrics: Comparison of Automatic Dynamic Modeling Procedures
Tadeusz Kufel, Nicolaus Copernicus University in Torun—Poland; Pawel Kufel, Nicolaus Copernicus University in Torun—Poland; Marcin Blazejowski, Torun School of Banking—Poland
Modelling the Processes of Job Activity and Family Formation
Joanna Landmesser, Warsaw University of Life Sciences—Poland
Gender Pay Gap in the EU: Selected Factors Analysis
Aleksandra Matuszewska-Janica, Warsaw University of Life Sciences—Poland; Dorota Witkowska, Warsaw University of Life Sciences—Poland
Econometric Analysis of Risk Transfer on Capital Markets: The Case of China
Magdalena Osinska, Nicolaus Copernicus University-Torun—Poland; Marcin Faldzinski, Nicolaus Copernicus University of Torun—Poland; Tomasz Zdanowicz, Nicolaus Copernicus University of Torun—Poland
The Foreign Transformation of the Chinese Banking System
Jennifer Foo, Stetson University—USA; Dorota Witkowska, Warsaw University of Life Sciences—Poland
Are Relationships between CE Equity Markets Dependable on Stock Cycles?
Aleksandra Matuszewska-Janica, Warsaw University of Life Sciences—Poland
Informed and Uninformed Trading on the Interbank EUR/PLN Market
Katarzyna Bien, Warsaw School of Economics—Poland
Short-sale Constraints Impact on the Capital Market on the Warsaw Stock Exchange
Edyta Marcinkiewicz, Technical University of Lodz—Poland; Krzysztof Kompa, Warsaw University of Life Sciences—Poland
Deterministic Pricing of Debt Financial Instruments
Andrzej Karpio, Warsaw University of Life Sciences—Poland
An Examination of Herd Behaviour in the U.S. REITs market
Nikolaos Philippas, University of Piraeus—Greece; Vasilios Babalos, University of Piraeus—Greece; Fotini Economou, University of Piraeus—Greece
Risk in the EU Banking Industry and Efficiency under Quantile Analysis
Emmanuel Mamatzakis, University of Piraeus—Greece; Christos Staikouras, Economic University of Athens—Greece
Perceptions of Employees Related to Learning Procedures of Their Firms
Vicky Pekka-Economou, University of Piraeus—Greece; Nikolaos Gitsalis, University of Piraeus—Greece
A Re-examination of the Performance of Value Strategies in the Athens Stock Exchange
Dimitrios Kyriazis, University of Piraeus—Greece; Christina Christou, Cyprus Securities and Exchange Commission—Cyprus
Government Bond Spreads: An Application of GAMLSS
Dr Nikolaos Georgikopoulos, KEPE - Greece & London Metropolitan University / STORM—United Kingdom; Mikis Stasinopoulos, KEPE-Research Center—Greece; Tilemahos Efthimiadis, KEPE-Research Center—Greece; Robert Rigby, London Metropolitan University—United Kingdom
The Investment Performance of Green Stocks
Angelos Antzoulatos, University of Piraeus—Greece; Thomas Syrmos, University of Piraeus—Greece
Decreasing Fraud in Financial Markets: Recent Developments in Turkey
Kiymet Tunca Caliyurt, Trakya University—Turkey
Impact of a Global Crisis on Economic Nationalism
Nevin Yoruk, University of Turkish Aeronautical Association—Turkey; Muhammed Bezirci, Selçuk University—Turkey
European Financial Markets: What has the Global Crisis Changed?
Asli Yuksel Mermod, Marmara University—Turkey
Revisiting the Trilemma in an Emerging Financial Market
Sadullah Çelik, Marmara University—Turkey
The Stability of the Financial System
Moisa Altar, Romanian - American University—Romania; Judita Samuel, Romanian - American University—Romania
Tax Evasion when Agents Face an Unknown Future Government
Barbara G. Katz, Stern School of Business, New York University—USA; Joel Owen, Stern School of Business, New York University—USA
Lessons from the Greek Tragedy : Europe Needs Economic Governance
Maria Lianou Mrs, Supreme Council for Personnel Selection (ASEP)—Greece
Investment in Value or Growth and Risk Diversification in the Capital Market
Malgorzata Tarczynska-Luniewska, University of Szczecin—Poland
The Non-classical Break-even Point in Portfolio Selection Methodology and Research
Waldemar Tarczynski, University of Szczecin—Poland; Miroslawa Gazinska, University of Szczecin—Poland
Financial Securities' Reporting Issues: A New IFRS 9 Point of View
Jiri Strouhal, Skoda Auto University—Czech Republic; Carmen Bonaci, Babes-Bolyai University Cluj Napoca—Romania
Pricing Options under Sign RCA GARCH Models
Joanna Gorka, Nicolaus Copernicus University inToruñ—Poland
Investment Funds Operating in Poland: Efficiency, Evaluation, and Ranking
Krzysztof Kompa, Warsaw University of Life Sciences—Poland; Dorota Witkowska, Warsaw University of Life Sciences—Poland
Nonlinear Dynamics in CEE Stock Market Indices
Petre Caraiani, Romanian Academy—Romania
Investor Relations Importance in the Global Financial Market
Danuta Dziawgo, Torun University—Poland
Determinants of the Level of Foreign Exchange Reserves
Lubos Komarek, Czech National Bank—Czech Republic; Jan Frait, Czech National Bank—Czech Republic
Economic Growth, Volatility, and Innovation for the EU-27
Solomon Ovidiu, Romanian – American University—Romania; Judita Samuel, Romanian - American University—Romania; Adam Altăr – Samuel, Romanian - American University, Bucharest—Romania
The Share of External Debt and Economic Growth
Panagiotis Tsintzos, T.E.I. of Larissa—Greece; Tilemahos Efthimiadis, KEPE-Research Center—Greece
The Impact of Debt on Economic Growth
Lenno Uuskula, European Central Bank—Germany; Martti Randveer, Bank of Estonia—Estonia; Liina Kulu, Bank of Estonia—Estonia
Autonomous Adaptive Systems and Learning Organizations
Vicky Pekka-Economou, University of Piraeus—Greece; Georgios Aggelis, University of Piraeus—Greece; Kyriaki Papoulia, University of Piraeus—Greece
The Impact of Nominal Variables on Outward FDI: Panel Data Evidence for Greece
Kalliroi Papathoma, Hellenic Open University—Greece; Nicholas Apergis, Northumbria University—United Kingdom; Dimitrios Asteriou, Hellenic Open University—Greece
Economic Growth and Corporate Taxation: A Panel Data Analysis for OECD Countries
Dimitrios Asteriou, Hellenic Open University—Greece; Stella Karagianni, University of Macedonia—Greece; Anastasios Saraidaris, University of Macedonia—Greece
Exploring the Possibilities in Students' Entrepreneurship: Evidence from Greece
Irene Fafaliou, University of Piraeus—Greece; Nicholas Apergis, Northumbria University—United Kingdom
Institutions and Convergence
Angelos Antzoulatos, University of Piraeus—Greece; Christos Stefanadis, University of Piraeus—Greece; Chris Tsoumas, University of Piraeus—Greece
Study of the Relationship between Economic Growth, Volatility, and Innovation for Romania
Adam Altăr – Samuel, Romanian - American University, Bucharest—Romania; Judita Samuel, Romanian - American University—Romania; Solomon Ovidiu, Romanian – American University—Romania
Assessment of the Stimulus Policy by VAT Tax Reform in China: A CGE Analysis
Gene Chang, University of Toledo, Shanghai University of Finance and Economics—USA; Ye Chen, Shanghai University of Finance and Economics—China; Enhui Kou, Shanghai University of Finance and Economics—China
Fair Trade: A General Equilibrium Model and Efficiency
Frederick W. Derrick, Loyola University Maryland—USA; Andrew Samuel, Loyola University, Maryland—USA; Charles E. Scott, Loyola University Maryland—USA
Does the Bond Market Reward Tax Base Stability and Diversity?
Cleopatra Grizzle, Rutgers University-Newark—USA
Consumers' Response on the Labels of Fresh Fruits
Konstantinos Mattas, Aristotle University of Thessaloniki—Greece; Efthimia Tsakiridou, Aristotle University of Thessaloniki—Greece
On the Stationarity of Exhaustible Natural Resource Prices: Misspecification Effects
Nikolaos Kourogenis, University of Piraeus—Greece; Phoebe Koundouri, Athens University of Economics and Business—Greece
Optimal Hedge Ratio Estimation during the Credit Crisis: An Application of Higher Moments
Alexander Gabriel, Cass Business School—United Kingdom; Nicholas Apergis, Northumbria University—United Kingdom
Accounting Information and Cost of Capital: A Theoretical Approach
Sofia Eleftheriou, University of Piraeus—Greece; Nicholas Apergis, Northumbria University—United Kingdom; George Artikis, University of Piraeus—Greece; John Sorros, University of Piraeus—Greece
On the Modeling of Discrete-time Option Pricing with Fees
Thomas Poufinas, Democritus University–Thrace—Greece
Profitability Performance and Manufacturing Cost: Evidence from a Panel of U.S. Firms
Nicholas Apergis, Northumbria University—United Kingdom; Steve Johnson, Sam Houston State University—USA; John Sorros, University of Piraeus—Greece
On the Impact of Market Mergers over Herding: Evidence from Euronext
Vasileios Kallinterakis, Durham Business School—United Kingdom; Panagiotis Andrikopoulos, De Montfort University, Leicester—United Kingdom; Andreas Hoefer, Bamberg University—Germany
The Predictive Ability of Valuation Measures and the Cross-section of Stock Returns
Panagiotis G. Artikis, University of Piraeus—Greece
Behavioral Influences of the Ex Dividend Day Valuation
Vassilis Efthymiou, Athens University of Economics & Business—Greece; George N. Leledakis, Athens University of Economics & Business—Greece
Price-cap and Non-concave Profit Functions in Electricity Markets using Italian Data
Bruno Bosco, University of Milan-Bicocca—Italy; Matteo Pelagatti, University of Milan-Bicocca—Italy; Lucia Parisio, University of Milan-Bicocca—Italy
Urban Expansion, Land Price, and Intra-country Industrial Relocation in China
Gene Chang, University of Toledo, Shanghai University of Finance and Economics—USA; Bhiyan Alam, University of Toledo—USA; Kathryn Chang, University of Toledo—USA
Estimation of Minimum Market Threshold for the Retail Commercial Sectors
Kalyan Chakraborty, Emporia State University—USA
The Informal Labour Market in Poland: Challenge or Blessing?
Bogdan Mróz, Warsaw School of Economics—Poland
Development of Business Associations in Russia: Forms and Influence on Market Structure
Almira T. Yusupova, Novosibirsk State University—Russia
Do Dividend Yields Predict More Than Their Own Future?
Dimitrios Malliaropoulos, University of Piraeus—Greece; Richard Priestley, Norwegian School of Management—Norway
Risk-substitution Incentives, Managerial Ownership, and Firm Value
Angelos Kanas, University of Piraeus—Greece
Partial Equilibrium Derivative Pricing in Incomplete Markets
Michail Anthropelos, University of Piraeus—Greece; Gordan Zitkovic, University of texas at Austin—USA
Timeliness of Earnings and Dynamic Interdependence of Stock Equity Indexes within the ASE
Dionysios Chionis, Democritus University of Thrace—Greece; Athanasios Koulakiotis, University of Macedonia—Greece; Anna Georganou, University of Macedonia—Greece; Nikolaos Papasyriopoulos, University of Macedonia—Greece
On the Pricing of Regular Premium Variable Annuities with Option Pricing Techniques
Thomas Poufinas, Democritus University–Thrace—Greece
After the Financial Crisis: Is the Czech Health Care System in Transition?
Ludwig O. Dittrich, Czech University of Life Sciences—Czech Republic; Dana Stara, Czech University of Life Sciences—Czech Republic
Coping with the Financial Crisis: Ireland and the Czech Republic
Eamon Lenihan, National University of Ireland - Cork—Ireland
The Basic Transmision Mechanisms of Monetary Policy in the Czech Republic
Stanislav Burian, The Police Academy of the Czech Republic—Czech Republic
Sustainable Development as a Part of Regional Policy
Bohuslav Sekerka, University of Pardubice—Czech Republic
Is the European Central Bank Monetary Policy Framework Optimal for Economic Growth?
Jan L. Bednarczyk, K. Pulaski Technical University of Radom, Faculty of Economics—Poland
Innovation through Procurement: Survey Results
Waclawa Starzynska, University of Lodz—Poland
Public Procurement Procedures as a Tool for Creating Innovation in Enterprises
Elzbieta M. Roszko, University of Lodz, Faculty of Economics and Sociology—Poland; Justyna Wiktorowicz, University of Lodz—Poland
Determinants of Commercialization Strategy Choice in High-Tech Industries
Edyta Gwarda-Gruszczynska, Faculty of Management, University of Lodz—Poland
Barriers in Implementing EU Standards Relating to Health and Safety in Polish Enterprises
Marta Znajmiecka-Sikora, University of Lodz / Human Resource Development Association—Poland; Katarzyna Boczkowska, Technical University of Lodz—Poland
Estimation of Standard Errors of Selected Income Concentration Measures
Alina Jedrzejczak, University of Lodz—Poland
The Economic Impact of Post-secondary International Students in Atlantic Canada
Fazley K. Siddiq, Dalhousie University—Canada; Warren Nethercote, Dalhousie University—Canada; Judy Baroni, Dalhousie University—Canada; Jeannette Lye, Dalhousie University—Canada
Distribution Dynamics of Russian Prices
Konstantin Gluschenko, Novosibirsk State University—Russia
Comparative Study of Small Innovative Firms: Russia and U.S
Nataliya A. Kravchenko, Novosibirsk State University, Institute of Economics and Industrial Organisation—Russia
Estimating Historical Exchange Rate Misalignments of Five Economies
Duo Qin, Queen Mary, University of London—United Kingdom; Xinhua He, Institute of World Economics and Politics—China; Yimeng Liu, Beijing Normal University—China
The Impact of Macroeconomic Volatility on Economic Growth
Dmitry Kulikov, Bank of Estonia—Estonia; Martti Randveer, Bank of Estonia—Estonia
Evaluating Monetary Policy Regimes in Transition: The Case of the Ukraine
Vasyl Zhuk, National University of Kyiv-Mohyla Academy—Ukraine; Iryna Lukyanenko, National University of Kyiv-Mohyla Academy—Ukraine
Fixed Capital Formation at the Regional Level: The Case of Greece
Christos Karpetis, University of Macedonia—Greece; Spyros Zikos, University of Macedonia—Greece
An Approach to the Development Possibilities of Small Greek Settlements
Emmanuel Marmaras, Technical University of Crete—Greece; Despoina Dimeli, Technical University of Crete—Greece
Investigating the Greek-Turkish Military Spending Relationship
Nikolaos Papasyriopoulos, University of Macedonia—Greece; Mary Mihail, University of Macedonia—Greece
Long Memory in U.S. Coal Consumption: Evidence from U.S. Sectoral Data
Nicholas Apergis, Northumbria University—United Kingdom; Christina Christou, Cyprus Securities and Exchange Commission—Cyprus
Tax Evasion and the Laffer Curve: Estimates for OECD Countries
Christina Christou, Cyprus Securities and Exchange Commission—Cyprus; Kostas Eleftheriou, UNIVERSITY OF PIRAEUS—Greece; Stamatina Hadjidema, UNIVERSITY OF PIRAEUS—Greece
Optimal Two-tariff Licensing Contracts with Differentiated Goods and Endogenous R&D
Joel Sandonis, University of Alicante—Spain; Ramon Fauli-Oller, University of Alicante—Spain; Xulia Gonzalez, University of Vigo—Spain
Regional Income Convergence in the US: Evidence from a Pair-wise Approach
Theodore Panagiotidis, University of Macedonia—Greece; Mark Holmes, Waikato University—New Zealand; Jesus Otero, University del Rosario—Colombia
Structural Changes and Leakages in the Greek Economy
Erasmia Valma, University of Piraeus—Greece
The Bank Lending Channel and Monetary Rules
Nicholas Apergis, Northumbria University—United Kingdom; Effrosyni Alevizopoulou, University of Piraeus—Greece
On-the-job Training and Intrinsic Motivation
Yannis Georgellis, Bournemouth University—United Kingdom; Thomas Lange, Curtin University—Australia; Vurain Tabvuma, Brunel University—United Kingdom
Modeling Price Volatility in Greek Consumer Meat Prices
Anthony N. Rezitis, University of Western Greece—Greece; Ioanna Reziti, KEPE—Greece; Konstantinos S. Stavropoulos, University of Ioannina—Greece
The Great Recession and Economic Policy Implications
Elias Karakitsos, Guildhall Asset Management, PCC—United Kingdom
Downward Wage Rigidities in an Emerging Economy: Evidence from a Survey of Colombian Firms
Ana Maria Iregui, Banco de la Republica—Colombia; Ligia Alba Melo, Banco de la Republica—Colombia; Maria Teresa Ramirez, Banco de la Republica—Colombia
The Forecasting Performance of Regime-switching Models of Speculative Behaviour
Ekaterini Panopoulou, University of Piraeus—Greece; Theologos Pantelidis, University of Piraeus—Greece
On Stabilization Policy in Sunspot-driven Oligopolistic Economies
Rodolphe Dos Santos Ferreira, BETA, University of Strasbourg—France; Frédéric Dufourt, BETA, University of Strasbourg—France
A Malthusian Growth Model with Pollution
Thomas Seegmuller, CNRS and GREQAM—France
Unemployment, Capital Taxation, and (In)determinacy
Teresa Lloyd-Braga, Universidade Católica Portuguesa, FCEE—Portugal
Human Capital and Pollution
Stefano Bosi, THEMA, University of Cergy-Pontoise—France; Lionel Ragot, EPEE, University of Evry—France
Capacity and the Institutional Framework
Christos Stefanadis, University of Piraeus—Greece
Competition and Concentration in the European Banking Sector
Emmanuel Tsiritakis, University of Piraeus—Greece; Emmanuel Mamatzakis, University of Piraeus—Greece; Ilias K. Tsirigotakis, University of Piraeus—Greece
Eco-labelling in the Era of the Green Economy: A Critical Overview
Dimitrios Georgakellos, University of Piraeus—Greece
On the Impact of Market Returns and Volatility on Consumer Confidence
Chris Tsoumas, University of Piraeus—Greece; Ekaterini Panopoulou, University of Piraeus—Greece
The European Welfare Regimes: Political Orientations Versus Poverty
Kosta Josifidis, University of Novi Sad—Serbia; Novica Supic, University of Novi Sad—Serbia; Emilija Pucar, University of Novi Sad—Serbia
Developing a Decision Making Framework for Energy Efficiency Planning in Industry
Dimitrios Georgakellos, University of Piraeus—Greece
Fiscal and Monetary Policy Interaction in a Simple Multiplier-accelerator Model
Christos Karpetis, University of Macedonia—Greece; Erotokritos Varelas, University of Macedonia,—Greece
Modelling Innovation Activities and Technical Change: Theory and Evidence
George Korres, University of the Aegean—Greece; George Tsobanoglou, University of the Aegean—Greece; Aikaterini Kokkinou, University of Glasgow—Scotland
Does More Schooling Make You Run for the Border? Evidence from Post-independence Kosovo
Roswitha M. King, Ostfold University College—Norway; Artjoms Ivlevs, Bristol Business School—United Kingdom
Optimal Macroeconomic Policies after the Global Recession: A Case Study for Slovenia
Reinhard Neck, University of Klagenfurt—Austria; Dmitri Blueschke, University of Klagenfurt—Austria; Klaus Weyerstrass, Institute for Advanced Studies—Austria
Debt Sustainability in Selected Euro Area Countries: Empirical Evidence
Bettina Fincke, Bielefeld University—Germany; Alfred Greiner, Bielefeld University—Germany
Impact of the Financial Crises on Situation and Development Policy of Local Governments
Krzysztof S. Cichocki, Systems Research Institute, Polish Academy of Sciences—Poland; Michal W. Bitner, Warsaw University—Poland