Journal of Economic Studies: Volume 29 Issue 2

Optimal monetary policy and the term structure of interest rates: a note

Sylvia Staudinger

This paper derives the optimal monetary policy under discretion, taking into account that aggregate spending depends on the long‐term real interest rate rather than on the…

Is Europe converging to optimality?: On dynamic aspects of optimum currency areas

Bernd Kempa

This paper investigates whether Europe is converging towards becoming an optimum currency area. To this end, a structural vector autoregression with exclusively long‐run exclusion…

How important is the processed food in intra‐industry trade? The Australian experience

Kishor Sharma

Most studies of intra‐industry trade (IIT) in manufacturing exclude the processed food sub‐sector (standard international trade classification (SITC) subgroups 0‐1) from their…

Tenure and employment contracts: An empirical investigation

Harminder Battu, Robert McMaster, Michael White

This paper exploits a unique data set to explore the importance of key contractual characteristics on the duration of employment tenure. The paper recognises the insights of the…

Measuring the change in productive efficiency in telecommunications in the USA

Noel D. Uri

Incentive regulation has become an important regulatory tool in the telecommunications industry in the USA. The issue explored here is whether incentive regulation has resulted in…

Accelerating Growth through Globalization of Indian Agriculture

Renuka Mahadevan