This paper develops a model of the circumstances under which it is beneficial to participate in a currency area. The proposed two-country monetary model of trade with nominal rigidities encompasses the real and monetary arguments suggested by the optimum currency area literature: correlation of real and monetary shocks, international factor mobility, fiscal adjustment, openness, difference in n...

Regionalization is a part of globalization and a dynamic process of marching towards globalization. The so-called NADEs (Northeast Asia’s Dynamic Economies) including Japan, Korea and China are expected to lead economic growth in the Asia-Pacific region. This paper analyzes the trade and investment relationships among the three countries, points out the necessity for their technological coopera...

We analyse the determinants of equity agency costs for the top 500 Australian listed firms. Data are collected over four one-year periods (2004, 2005, 2010 and 2011) and analysed using both pooled OLS regression and two stage least squares regression within a random effects panel data model. Analysis covers the full four-year period, the pre global financial crisis (GFC) sub-period (2004 and 20...

Rapid growth and structural change have reduced poverty in East Asian economies. Income inequality has been low in Korea and Taiwan, but has risen in recent years with economic liberalization. In the Southeast Asian economies of Th ailand, Malaysia and Indonesia, poverty has declined, while income inequality trends have varied, rising most clearly in Th ailand. With its strengthened (private) p...

کچ ی هد پ ی ش مز ی هن ه و فد : ساسا د مردنس رد نامرد ي سفنت سرتس ي ظنت نادازون داح ي سکا لدابت م ي و نژ د ي سکا ي د هدوب نبرک تسا طسوت هک کبس اـه ي ناـمرد ي فلتخم ي هلمجزا لکتورپ INSURE ماجنا م ي دوش ا اذل . ي هعلاطم ن فدهاب اقم ي هس عضو ي ت اه ي ندب ي عضو رب رمد و زاب قاط ي سفنت ت ي هـب لاتـبم سراـن نادازون ردنس د م ي سفنت سرتس ي لکتورپ اب نامرد تحت داح INSURE ماجنا درگ ...

صخلملا The aim of this study isto examine whether radiofrequency (RF) used in cellular phone communications at a specific absorption rate (SAR) less than 1.2 w/kg could increase the spontaneous rate of sister chromatid exchanges (SCE) or elicit alterations both in the cell replication index (CRI) and mitotic index (MI) in human peripheral blood lymphocytes. Whole blood samples were obtained fro...

In this paper we shall be concerned with generalizing the ideas of ’metric’ and geodesic for a complex manifold M : we emphasize that our curves will be complex ones; a metric will be, informally speaking, a symmetric quadratic form on the holomorphic tangent space at each point p ∈ M , holomorphically depending on the point itself; of course, it couldn’t have any ’signature’, but, by simmetry,...

This paper evaluates the impact of China’s WTO accession on patterns of world trade and economic growth by a recursive dynamic, 17-region, 25-sector computable general equilibrium (CGE) model with import embodied technology transfer based on actual market access commitments that China and Taiwan have made to date. The simulation results show that the major gains from WTO accession would accrue ...