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A Test Of The International Term Structure Of Interest Rates: The United States-Canadian Experience, John B. Guerard Jr., Robert Berry
A Test Of The International Term Structure Of Interest Rates: The United States-Canadian Experience, John B. Guerard Jr., Robert Berry
Robins School of Business White Paper Series, 1980-2022
A new theory of the term structure of interest rates for small open economies has been developed in which a small country with internationally integrated capital markets will have its domestic financial markets dominated by international influences. The international theory of the term structure of interest rates demonstrates how a foreign financial disturbance will directly affect the price and output channels. We employ univariate and multivariate time series analysis to Canada and the United States to test the imported term structure of interest rates hypothesis. We do not find evidence to support the assumption of proportionality between the countries' term …
Virginia S&L Survey Results - Summer, 1981, Clarence R. Jung Jr., David A. Whitaker Jr.
Virginia S&L Survey Results - Summer, 1981, Clarence R. Jung Jr., David A. Whitaker Jr.
Robins School of Business White Paper Series, 1980-2022
The current difficulties of the nation's thrift industry are mirrored in the results of a recent survey of the member organization of the Virginia League. The survey indicated that Savings & Loan Associations in Virginia are undergoing a financial squeeze of unprecedented intensity, a squeeze that is exceeding earlier expectations. The Survey also showed that coming to terms with this crisis is proving to be difficult.
How Much Are You Paying To Teach?, Robert W. Cook Jr., Robert C. Dolan
How Much Are You Paying To Teach?, Robert W. Cook Jr., Robert C. Dolan
Robins School of Business White Paper Series, 1980-2022
Those of us who have the good fortune to be married to a member of the teaching profession share a common bond; the depressing, from the educator's viewpoint, state of teacher salaries is a frequent topic of conversation in our homes. These discussions usually begin with our mate bemoaning the fact that his or her income lags far behind this or that other occupation. We then respond in order to soothe the ego, and perhaps if the discussion occurs at the dinner table, to move the conversation to a more palatable subject that the hours are short, the vacations long, …
A Flow Chart Approach To Consolidations, Francis A. Bird, Phillip A. Jones Sr.
A Flow Chart Approach To Consolidations, Francis A. Bird, Phillip A. Jones Sr.
Robins School of Business White Paper Series, 1980-2022
Although the consolidation process is a series of interrelated adjustments and eliminations, it is rarely pictured as an integrated whole. The flow chart approach presented herein accomplishes this objective and can serve as a model for the solution of consolidation problems. Following this conceptual approach allows the user to see the place of each adjustment and elimination in the overall perspective of the consolidation process.
Business Communication Courses: Continued Problems And Potential Solutions, Harold W. Babb, Littleton M. Maxwell
Business Communication Courses: Continued Problems And Potential Solutions, Harold W. Babb, Littleton M. Maxwell
Robins School of Business White Paper Series, 1980-2022
Why can't business school graduates communicate effectively in spite of the fact that most programs offer a course in business communication? A survey of 112 business executives and personnel managers illustrates our concern and suggest potential solutions. A proposed new course in business communication/research is offered.
The Administration's "Program For Economic Recovery": Theory And Evidence, Robert C. Dolan, Sam J. Fraser
The Administration's "Program For Economic Recovery": Theory And Evidence, Robert C. Dolan, Sam J. Fraser
Robins School of Business White Paper Series, 1980-2022
The economic recovery program proposes to inject about $100 billion into the aggregate spending stream while simultaneously reducing the inflation rate. Careful analysis of estimates of the supply response to tax rate reductions and deregulation show that output increases will not balance the increased demand. Savings rates several times historic levels are thus necessary not only to reduce inflation, but even to prevent the program from worsening inflation. Recent evidence indicates that none of the scenarios most often mentioned as producing the requisite savings hold much promise.
Wrongful Death And Disability Awards: Gross Or After-Tax Income?, Robert W. Cook Jr., N. Fayne Edwards
Wrongful Death And Disability Awards: Gross Or After-Tax Income?, Robert W. Cook Jr., N. Fayne Edwards
Robins School of Business White Paper Series, 1980-2022
The present value of future wage losses represent an important part of the total economic loss that results from a wrongful death. The economist's task, in the role of expert witness, is to provide to the interested parties a lump sum amount of income equal to the losses experienced by the decedent's beneficiary. This amount is obtained. by increasing the decedent's wage at the time of death, by an appropriate annual wage growth rate, to generate estimates of what future wages would have been had the decedent been able to continue in his or her employment. Each of the annual …
A Pedagogical Exercise In Concept Integration: Or Relaxing Assumptions And Moving Toward The Real World, James C. Goodwin Jr., Jack S. Goodwin
A Pedagogical Exercise In Concept Integration: Or Relaxing Assumptions And Moving Toward The Real World, James C. Goodwin Jr., Jack S. Goodwin
Robins School of Business White Paper Series, 1980-2022
This article suggests to the educator an example of combining conceptual notions that should be familiar to students of business. In addition the example, which combines the notions of economic lot size and the learning curve, serves as a means for dealing with those critical of the many assumptions that often precede model building. This exercise or ones similar to it should give critics and/or students some appreciation of the complexities which are unveiled as we attempt to model closer to "real-world" applications.