International Advances in Economic Research

International
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VOLUME 10	NOVEMBER 2004	NUMBER 4	E-Mail: iaes@iaes.org
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TABLE OF CONTENTS

ARTICLES
Financial Distress of Companies in Poland Marek Gruszczynski	249
Human Capital and Economic Growth in Spanish Regions Miguel-Angel Galindo Martin and Agustin Alvarez Herranz	257
The Global Financial Environment and Spanish Cooperative Banking Inmaculada Carrasco	265
Duration and Convexity in Spanish Corporate Bonds Francisco Escribano Sotos	273
Financial Integration and Growth in the Global Economy Antonin Rusek	278
Virtual Integration and Endogenous Growth in the World Economy Toru Kikuchi	289
A Macroeconomic Model and Stability Analysis by Parameters Stanislav David and Osvald Vasicek	297
Solvency Regulations in the Property-Liability Insurance Industry Iskandar S. Hamwi, Tim Hudson, and Yueyun Chen	313
The Riegle-Neal Act and Local Banking Market Concentration Daniel C. Giedeman	328
RESEARCH NOTES
Unemployment, Wage Bargaining, and the Capital-Labor Substitution Odysseas Katsaitis and Dimitrios Doulos	337
Market Potential of the Firm Evgeny V. Popov	337
Monetary Policy Choices in the Pre-EMU Period Ray Barrell, Dawn Holland, and Katerina Smidkova	338
The Effect of the African Growth and Opportunity Act on South Africa's Textile Industry Pan G. Yatrakis, Leslie Tworoger, and Helen K. Simon	338
Estimating Pass-Through Between International Equity Markets Using Neural Networks Mona R. El Shazly	339

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Suggested Citation
International Advances in Economic Research, Volume 10, Number 4, November 2004

An official publication of the International Atlantic Economic Society