School of Economics: Recent submissions
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Asymmetric Monetary Policy in Australia
Published 2005-02-01We find evidence for asymmetric behaviour in Australian monetary policy. During 1984-1990, the Reserve Bank of Australia acted with considerable discretion yielding poor performance of an interest rate rule. However it ...Open AccessWorking Paper -
The Determinants of Bangladesh’s Trade: Evidence from the Generalized Gravity Model
Published 2005-02-01The application of the generalized gravity model in analyzing the Bangladesh’s trade reveals that Bangladesh’s trade is positively determined by the size of the economies, per capita GNP differential of the countries ...Open AccessWorking Paper -
Competition, Learning and Persistence in the Effects of Unmeritocratic Hiring Decisions
Published 2006-04-01Sometimes wide disparities in workers’ earnings are defended as simply the meritocratic outcome of a competitive process. While inequalities due to discrimination or luck are admitted as temporary possibilities, it is ...Open AccessWorking Paper -
Bangladesh-India Bilateral Trade: Causes of Imbalance and Measures for Improvement
Published 2005-02-01The study underscores the trend, structure and current picture of Bangladesh-India trade. Bangladesh has always been trade deficit with India, and recently it has increased exponentially. Limited export base, backward ...Open AccessWorking Paper -
Access, Veto and Ownership in the Theory of the Firm
Published 2006-01-01Ownership may not always be the best driver for investment incentives in an incomplete contract context. This paper shows that ownership has two facets (access and veto) which can be used specifically, and sometimes ...Open AccessWorking Paper