Table of contents
Perceptions of Market Efficacy, Transaction Costs, and Vertical Disintegration in Offshore Oil Gathering
C. Paul HallwoodSample‐survey information is used to assess aspects of thepredictive competence of the transaction‐cost paradigm. The extent ofvertical disintegration by oil companies in offshore…
The Performance of Credit Markets under Asymmetric Information about Project Means and Variances
Brian Hillier, M.V. IbrahimoGeneralizes existing models of credit markets under asymmetricinformation. The general model accommodates the adverse selectionarguments of Stiglitz and Weiss and the favourable…
Pension and Tax Structures in an Ageing Population
John Creedy, Margaret H. MorganProvides a framework for analysing the financing of state pensionswith a wide range of policy options. Special attention is given,however, to two special cases: the first involves…
An Empirical Framework for the Efficiency‐wage Model: Use of Micro Data for Nigeria
Fidel Ezeala‐HarrisonSince the efficiency‐wage theory has graduated from a hypothesis to a model, there is the need for an establishedempirical foundation as the basis for continued confidence in…
Does Long‐run Purchasing‐power Parity Hold within the European Monetary System?
Michael BleaneySome recent research has reported results more favourable tolong‐run purchasing‐power parity (PPP) for exchange rates within theEuropean Monetary System (EMS) than for those…
ISSN:
0144-3585Online date, start – end:
1974Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Prof Mohsen Bahmani-Oskooee