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A Study Of The Stochastic Behavior Of Durable Goods Consumption, Alexander Lebedinsky
A Study Of The Stochastic Behavior Of Durable Goods Consumption, Alexander Lebedinsky
Masters Theses & Specialist Projects
The author of this thesis examines the stochastic behavior of durables consumption in the rational expectations/permanent income hypothesis framework. The testing in this paper parallels the studies conducted by other researchers, who basing their work mainly on quarterly data rejected the frictionless rational expectations/permanent income hypothesis. The distinctive feature of this thesis is that the models are examined using monthly instead of quarterly data. The results of the estimation are compared to the results based on quarterly data. The results show that estimates obtained using monthly data seem to be more consistent with the frictionless rational expectations/permanent income hypothesis than …
Neoliberalism And Nafta: A Case Study Of The Coffee Commodity System And Huatusco, Veracruz, Mexico, Chad Gesser
Neoliberalism And Nafta: A Case Study Of The Coffee Commodity System And Huatusco, Veracruz, Mexico, Chad Gesser
Masters Theses & Specialist Projects
In the Western Hemisphere global capitalism and regional trading blocks have become more pronounced with the passing of the North American Free Trade Agreement (NAFTA). I examine the impacts of the neoliberal changes prior to and after the implementation of NAFTA in the community of Huatusco, Veracruz, Mexico. World-systems analysis is the theoretical outline. The global commodity chains approach is used to examine the coffee commodity system that links the United States and Mexico. This thesis includes qualitative and quantitative data that were developed from fieldwork research in Mexico and in the community. The qualitative data suggest that the impacts …