VOLUME 2(3) • 2007
CONCEPTUAL KNOWLEDGE AND COGNITIVE NEUROSCIENCE
ABSTRACT. Rao remarks that awareness is reportable knowledge of some particular objects, events or phenomena and necessarily assumes consciousness. Nagel observes that it is not clear what one should do about central features of the mentalistic idea of persons which resist assimilation to an underst..
ANALYZING MEDIA PERFORMANCE AND OBJECTIVE NEWS REPORTING
ABSTRACT. Shenk explains that journalists are more necessary in the information glutted world. Curran notices that the political culture of liberal democracies is very alert to the threat posed by governments to the freedom of public media. Rezende asserts that while on the press news is the most im..
THE HARMONISATION OF CONSTITUENT ELEMENTS OF CRIME IN EUROPE
ABSTRACT. Lacey holds that the criminal law can be conceived as a set of norms backed up by the threat and imposition of sanctions. Spencer takes "harmonization" as covering three distinct but related processes: (i) making the rules of criminal law and criminal procedure in different countries simil..
ON NEWSWORTHINESS
ABSTRACT. Canavilhas affirms that the access becomes global as the information is available on the web; databases enable search processes to accelerate and become more refined. Emery and Emery claim that whenever a mass of people has been neglected too long by the established organs of communication..
APPROACHES TO THE MIND IN EVOLUTIONARY PSYCHOLOGY
ABSTRACT. Buller contends that the kind of evolutionary arms race within a single species would have characterized all of human psychological evolution that was responsive to the human social environment. Feest distinguishes between two notions of functional analysis: (i) functional analysis is an e..
LIQUIDITY OF CAPITAL MARKETS, FINANCIAL INTEGRATION, AND MONETARY POLICY REGIMES INTEGRATION
ABSTRACT. Andersen and Moreno assert that financial integration involves some well known trade-offs: policymakers must weigh possible gains from faster growth and the opportunity to smooth consumption from country-specific shocks against the greater exposure to external shocks. On Hawkins's reading,..
INEFFICIENCIES FROM FINANCIAL MARKETS
ABSTRACT. Buch and Kleinert provide a unified theoretical framework of two main explanations (why changes in exchange rates can affect foreign direct investment) and test the model using German sectoral data derived from detailed firm-level data, and find greater support for the goods market frictio..
CAPITAL MARKETS AND ECONOMIC GROWTH
ABSTRACT. Kousis and McCulloch put it that a strong, well-functioning capital market is essential to the economic prospects of New Zealand. Agarwal's study supports the Levine and Zervos's argument that well-developed stock markets may be able to offer a different kind of financial services than the..
ON INTERNATIONAL ACCOUNTING HARMONIZATION
ABSTRACT. d'Arcy explores the impact of accounting harmonization on the comparability of financial reporting information in differing national contexts focusing on goodwill accounting in Germany and Japan. Uddin explains that harmonization of accounting standards is now at the forefront of considera..
INVESTMENT AND UNCERTAINTY
ABSTRACT. Fuss and Vermeulen examine whether firms experience stronger financial constraints in periods of adverse cash flows shocks, analyse directly the restoration of liquidity after an adverse cash flow shock, and investigate the determinants of the probability of obtaining extra bank debt. Gilc..
MONETARY STABILITY AND INFLATION TARGETING
ABSTRACT. Mariano and Villanueva note that some discussions on inflation targeting suggest that inflation targeting is an alternative framework to monetary targeting. According to Taylor, a monetary policy rule, at its most basic level, is a contingency plan that lays out how monetary policy decisio..
MONETARY POLICY OPERATING PROCEDURES AND GLOBALISED CAPITAL MARKETS
ABSTRACT. Goodfriend and Prasad maintain that monetary policy has a particularly important role to play in buffering the economy from domestic and external shocks. Mihaljek stresses that since monetary policy in Mexico is conducted within an inflation targeting framework, the central bank has to ste..