VOLUME 2(2) • 2007
CYBERJOURNALISM, MEDIA IMAGES AND THE MARKET FOR NEWS
ABSTRACT. Bandura remarks that the evolving information technologies will increasingly serve as a vehicle for building social network. Dahlgren notes that journalism is carried out in specific institutional circumstances, within concrete organizational settings and under particular technological con..
HARMONIZATION IN CRIMINAL LAW
ABSTRACT. Tadic holds that a clear understanding of the meaning and nature of "harmonization" makes it possible to judge the implications of harmonization efforts in relation to other goals and processes in the field of criminal justice. Zaibert writes that, in the continental scheme, justifications..
THE PROCESS OF DECODIFICATION IN THE CIVIL LAW
ABSTRACT. Murillo considers the fundamental transformation that has been taking place in the civil law tradition due to the influence of the decodification and recodification processes during the 20th century and their perspective on the future. According to Kedar, the story of civil codification in..
ONTOLOGICAL INFRASTRUCTURE OF NEWS MEDIA
ABSTRACT. Aust remarks that bad news often deals with unpleasant, unfortunate, conflict-laden, and otherwise aversive events, circumstances, and conditions. Hughes-Freeland focuses on mass-media based on technology, in particular the products of broadcast and print technologies, and revisits the int..
THE MANAGEMENT OF WRITING IN CONTEMPORARY FRENCH CRITICISM
ABSTRACT. Derrida believes that it is necessary to account for the stability of interpretive contexts; to account for a certain stability is precisely not to speak of eternity or of absolute solidity. Foucault elucidates the bases for understanding how the subject was constituted in and through a di..
PRICE-LEVEL TARGETING, INFLATION TARGETING, AND OPTIMAL MONETARY POLICY
ABSTRACT. Barseghyan and DiCecio generalize Albanesi et al.'s model by allowing sticky-price firms to revise their price in response to the monetary authority's action by paying a menu cost. Yellen asserts that global factors may impact inflation in the medium term, just as higher productivity growt..
OPTIMAL DISCRETIONARY MONETARY POLICY, INFLATION RISK, AND STICKY PRICES
ABSTRACT. Barseghyan and DiCecio think that if sticky-prices firms are allowed to pay menu costs to reoptimize, such costs have to be implausibly high to support multiple equilibria. Carlsson and Westermark study the implications for monetary policy in situations where declining nominal wages are no..
OPTIMAL MONETARY POLICY AND THE CONTINUING VOLATILITY OF ASSET PRICES
ABSTRACT. Wagner analyzes a channel of influence on monetary policy, which is based on an increase in competition through global economic integration. Davig assesses the implications for optimal discretionary monetary policy if the slope of the Phillips curve changes. Carlsson and Westermark develop..
INTERNAL CONTROL, HUMAN RESOURCE MANAGEMENT, AND RISK ASSESSMENT
ABSTRACT. INTOSAI contends that there is a direct relationship between the general objectives (which represent what an entity strives to achieve), and the internal control components (which represent what is needed to achieve the general objectives). Sullivan & Cromwell LLP write that risk relat..
INFLATION DYNAMICS, MONETARY POLICY, AND ASSET PRICES
ABSTRACT. Carlsson and Westermark assert that downward nominal rigidity implies that there is a potential relationship between wage negotiations today and in the future. Berger et al. show that a globalization-induced flattening of the Phillips curve raises the maximum level of the real interest rat..
MONETARY POLICY, INFLATION, AND OUTPUT GROWTH DYNAMICS
ABSTRACT. Berger et al. study the nexus between globalization and the optimal monetary policy response to asset prices. Watanagase contends that in light of the diminished pressure on prices, the Bank of Thailand responded by shifting to an accommodative monetary policy stance. Reddy says that a fac..
MONITORING INTERNAL CONTROL SYSTEMS CONTROL
ABSTRACT. PCAOB argues that the evidence provided by the auditor's tests of the effectiveness of controls depends upon the mix of the nature, timing, and extent of the auditor's procedures. Sullivan & Cromwell LLP holds that in the case of a financial reporting element that has a relatively high..