FACTORS AFFECTING THE ECONOMICS KNOWLEDGE AND UNDERSTANDING OF K-12 SOCIAL STUDIES TEACHERS
Nicolas A. Pologeorgis Shepherd University ABSTRACT This study involves a data set that is used for an exploratory investigation of possible factors that affect K-12 teachers’ knowledge and understanding of economic theory and principles. Drawing from a variety of effective educational practices, the literature on economic education suggests that teaching and learning implies the mastering […]
EXCHANGE RATES AND INTEREST RATES IN MEXICO: A MARKOV REGIMESWITCHING APPROACH
Ricardo Tovar-Silos Lamar University ABSTRACT A Markov regime-switching model is applied to the time series of the Mexican Peso- U.S. Dollar exchange rate and to the Mexican interest rate. The existence of two states is statistically significant in both cases. The exchange rate is characterized by extended periods of low variance and slight appreciations followed […]
THE EURO: SUCCESS TO CRISIS
Nadeem M Firoz Montclair State University Taghi Ramin William Paterson University Karen Yau Baruch College ABSTRACT In 2002, the euro was introduced as a common currency in twelve European countries. For many years, it has proven itself as a successful currency. It has resulted in booming exports for powerhouse countries, such as Germany, and given […]
AN EMPIRICAL ANALYSIS OF COST EFFICIENCIES IN THE REGIONAL BANKING INDUSTRY IN THE UNITED STATES
D. K. Malhotra Justin Opella Raymond Poteau Philadelphia University This study analyzes the cost efficiencies of 34 regional U.S. banks over the period of ten years (2004–2013). The authors of this study use translog cost function to evaluate economies of scale in the banking sector. Translog cost function is estimated for total cost, non-interest expenses, […]
THE GREAT RECESSION: A STATISTICAL ANALYSIS OF ITS EFFECTS ON UNEMPLOYMENT
Miranda M. Zhang Stephanie Peppas Spero Peppas Tyler T. Yu Georgia Gwinnett College ABSTRACT Although the Great Recession is over, its impact is far from being fully estimated, and there are important economic lessons still to be learned. As a major casualty of the Great Recession, employment suffered, with unemployment soaring into the double digits […]
MERCOSUR AND ITS IMPACT ON THE PAC’S ECONOMIC DEVELOPMENT, FREE-TRADE PROMOTION AND GROWTH SINCE ITS INCEPTION
Michael Campbell Florida A&M University ABSTRACT The purpose of this research is to determine whether over the past twenty-two (22) years the trade bloc (Argentina, Brazil, Paraguay, Uruguay, and Venezuela) has been successful in achieving its main objective. Export and import, were collected, from the International Monetary Fund (IMF) Year Book of Trade Statistics, and […]
THE STATUS OF SOUTHERN AFRICA IN THE WAKE OF THE GLOBAL FINANCIAL CRISIS
Charles Nyoka University of South Africa ABSRTACT The study reviewed the economic status of Zimbabwe over the past seven years and in the process argued that investment flows into Southern Africa are going to be limited to a trickle as most of the region’s economic policies are relatively similar to those of Zimbabwe. This study […]
PRICING OF LOCAL SOURCES OF RISK ON INDUSTRY RETURNS: EMPIRICAL EVIDENCE FROM THE UNITED KINGDOM
Mahdy F. Elhusseiny California State University Bakersfield Ashraf M. Attia State University of New York at Oswego Khalid A Almurshidee Qassim University ABSTRACT The objective of this study is to identify and examine the extent to which key macroeconomic factors are reflected in the performance of stock returns in different industries in the United Kingdom […]