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2010

Economics

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Full-Text Articles in Business

Ua37/29 Faculty Personal Papers Gary Ransdell, Wku Archives Dec 2010

Ua37/29 Faculty Personal Papers Gary Ransdell, Wku Archives

WKU Archives Collection Inventories

Personal records created by Gary Ransdell.


How Advertisers Mess With Our Minds And Wallets, Ann House Sep 2010

How Advertisers Mess With Our Minds And Wallets, Ann House

All Current Publications

This publication provides insight on how marketers gain consumers' interest and trust and what rights consumers are entitled to.


Event Study Method For Validating Agent-Based Trading Simulations, Shih-Fen Cheng Sep 2010

Event Study Method For Validating Agent-Based Trading Simulations, Shih-Fen Cheng

Research Collection School Of Computing and Information Systems

In this paper, we introduce how one can validate an event-centric trading simulation platform that is built with multi-agent technology. The issue of validation is extremely important for agent-based simulations, but unfortunately, so far there is no one universal method that would work in all domains. The primary contribution of this paper is a novel combination of event-centric simulation design and event study approach for market dynamics generation and validation. In our event-centric design, the simulation is progressed by announcing news events that affect market prices. Upon receiving these events, event-aware software agents would adjust their views on the market …


The Importance Of Financial Market Development On The Relationship Between Loan Guarantees For Smes And Local Market Employment Rates, Ben Criag, William Jackson, James Thomson, Craig Armstrong Aug 2010

The Importance Of Financial Market Development On The Relationship Between Loan Guarantees For Smes And Local Market Employment Rates, Ben Criag, William Jackson, James Thomson, Craig Armstrong

James B Thomson

We empirically examine whether a major government intervention in the small firm credit market yields significantly better results in markets that are less financially developed. The government intervention that we investigate is SBA guaranteed lending. The literature on financing small and medium size enterprises (SMEs) suggests that small firms may be exposed to a particular type of market failure associated with credit rationing. And, SMEs in markets that are less financially developed will likely face a greater degree of this market failure. To test our hypothesis we use the level of bank deposits per capita as our relative measure of …


Ua37/29 Gary Ransdell - Federal Reserve Board - Chairman Bernanke’S Semiannual Monetary Policy Report, St. Louis Federal Reserve Board Jul 2010

Ua37/29 Gary Ransdell - Federal Reserve Board - Chairman Bernanke’S Semiannual Monetary Policy Report, St. Louis Federal Reserve Board

Faculty/Staff Personal Papers

Email sent to members of the St. Louis Federal Reserve Board of Ben Bernanke's Semiannual Monetary Policy Report.


Paradigmatic Asymmetries Between Economics And Management Discourses As Instrumentalities Of Capitalist Order, Javed Akbar Ansari, Zahid Siddique Mughal Jul 2010

Paradigmatic Asymmetries Between Economics And Management Discourses As Instrumentalities Of Capitalist Order, Javed Akbar Ansari, Zahid Siddique Mughal

Business Review

This paper contrasts the economics and the management discourse paradigms to identify the purposes these discourses serve in sustaining and reproducing capitalist order The paper begins with an identification of the major characteristics of capitalist order Section 2 and 3 compare and contrast economics and management discourses respectively on the basis of the role they are designed to play in legitimizing and operationalizing capitalist order The concluding section argues that their roles vary in efficacy. Both economics and management provide incomplete justificatory and reformative proposals but this is because capitalism is an inherently conflictive social order always threatened by implosion. …


Monetary Policy Essay, Dan Brocklehurst Jun 2010

Monetary Policy Essay, Dan Brocklehurst

Academic Symposium of Undergraduate Scholarship

No abstract provided.


Montana Nonresident Traveler Expenditure Trends: 1999-2009, Kara Grau Jun 2010

Montana Nonresident Traveler Expenditure Trends: 1999-2009, Kara Grau

Institute for Tourism and Recreation Research Publications

This report shows the nonresident traveler expenditure trends for visitors of Montana from 1999-2009. It also displays the total actual expenditures and the total inflation-adjusted expenditures.


Montana Nonresident Traveler Expenditure Trends: 1998-2008, Kara Grau Jun 2010

Montana Nonresident Traveler Expenditure Trends: 1998-2008, Kara Grau

Institute for Tourism and Recreation Research Publications

This report shows the nonresident traveler expenditure trends for visitors of Montana from 1998-2008. It also displays the total actual expenditures and the total inflation-adjusted expenditures.


Ua37/29 Gary Ransdell - Federal Reserve Board - Central Bank Independence, Transparency & Accountability, St. Louis Federal Reserve Board May 2010

Ua37/29 Gary Ransdell - Federal Reserve Board - Central Bank Independence, Transparency & Accountability, St. Louis Federal Reserve Board

Faculty/Staff Personal Papers

Email sent to members of the St. Louis Federal Reserve Board of speech delivered by Ben Bernanke at the 2010 Institute for Monetary & Economic Studies Conference.


Leekley Publishes New Statistics Textbook, Rachel Hatch May 2010

Leekley Publishes New Statistics Textbook, Rachel Hatch

News and Events

No abstract provided.


Growth In Russia's Federal Districts, 1994-2003, Gregory J. Brock Mar 2010

Growth In Russia's Federal Districts, 1994-2003, Gregory J. Brock

Finance and Economics Faculty Publications

Russian macroeconomic growth in the transition era is analysed across federal districts using a neoclassical production function often found in studies of Soviet-era economic growth. An adjusted capital stock series for Russian regions is created and used in the aggregate production function for 1995–2003 to analyse growth across the 11 federal districts in Russia. Federal district output growth is found to be explained well by neoclassical growth theory, indicating that poorer regions may converge to richer regions, thereby strengthening the Russian Federation. Federal districts also have high capital/labour ratios, suggesting that expanded regional domestic and foreign investment across Russia in …


Ordered Conflict Resolution, David R. Jenkins Feb 2010

Ordered Conflict Resolution, David R. Jenkins

David Randall Jenkins

Ancient philosophers resolved Arrovian impossibility through a marriage of ethics and economics. Ordered conflict resolution is the competent social choice theory threshold necessary condition.


Ua37/29 Gary Ransdell - Fed. Reserve Board - Board Report On The Case For Frs Role In Bank Supervision, St. Louis Federal Reserve Board Jan 2010

Ua37/29 Gary Ransdell - Fed. Reserve Board - Board Report On The Case For Frs Role In Bank Supervision, St. Louis Federal Reserve Board

Faculty/Staff Personal Papers

Email sent to members of the St. Louis Federal Reserve Board regarding a report submitted to Congress by Ben Bernanke and a speech by Paul Volcker delivered to the Economic Club of New York.


The Unconstitutionality Of Current Legal Barriers To Telemedicine In The United States: Analysis And Future Directions Of Its Relationship To National And International Health Care Reform, Deth Sao, Amar Gupta Jan 2010

The Unconstitutionality Of Current Legal Barriers To Telemedicine In The United States: Analysis And Future Directions Of Its Relationship To National And International Health Care Reform, Deth Sao, Amar Gupta

Deth Sao

The current health care crisis in the United States compels a consideration of the crucial role that telemedicine could play towards deploying a pragmatic solution. The nation faces rising costs and difficulties in access to and quality of medical services. Telemedicine can potentially help to overcome these challenges, as it can provide new cost-effective and efficient methods of delivering health care across geographic distances. The full benefits and future potential of telemedicine, however, are constrained by overlapping and often inconsistent and inadequate regulatory frameworks, as well as the repertoire of standards imposed by state governments and professional organizations. Proponents of …


Tracking Berle's Footsteps: The Trail Of The Modern Corporation's Law Chapter, William W. Bratton, Michael L. Wachter Jan 2010

Tracking Berle's Footsteps: The Trail Of The Modern Corporation's Law Chapter, William W. Bratton, Michael L. Wachter

All Faculty Scholarship

No abstract provided.


Looking Anew At Women's Entrepreneurship: How The Family Firm Context And A Radical Subjectivist View Of Economics Helps Reshape Women's Entrepreneurship Research (Women Entrepreneurs In Family Business: A Radical Subjectivist View), Mary Barrett, Ken Moores Jan 2010

Looking Anew At Women's Entrepreneurship: How The Family Firm Context And A Radical Subjectivist View Of Economics Helps Reshape Women's Entrepreneurship Research (Women Entrepreneurs In Family Business: A Radical Subjectivist View), Mary Barrett, Ken Moores

Faculty of Commerce - Papers (Archive)

As noted in a current call for papers (Entrepreneurship: Theory & Practice 2010), there has recently been a dramatic expansion of scholarly interest and activity in the field of women's entrepreneurship. The U.S. based Diana Project, to name just one research group in the field, has grown rapidly into a global network of researchers, generating numerous conferences, symposia, and publications. Journals such as Entrepreneurship: Theory & Practice and more specialised publications including Family Business Review have sponsored special issues on women's entrepreneurship, allowing scholars to synthesize insights in the field from empirical and conceptual work worldwide.


Airline Bankruptcy: The Determining Factors Leading To An Airline's Decline, Jason Tolkin Jan 2010

Airline Bankruptcy: The Determining Factors Leading To An Airline's Decline, Jason Tolkin

CMC Senior Theses

The purpose of this study was to determine what the critical factors are to an airline’s financial turmoil, leading ultimately to a bankruptcy filing. Over the past decade, the airline industries’ performance has been dismal, leading to 20 bankruptcy filings. As competition increases, it is crucial for airlines to know which core business areas are essential to success. This paper identifies 8 specific industry metrics that are used to compare airlines, revealing where certain airlines falter and others shine. Some of these metrics are later applied to a case study examining Trans World Airlines (TWA) and American Airlines (AA), highlighting …


Neo-Brandeisianism And The New Deal: Adolf A. Berle, Jr., William O. Douglas, And The Problem Of Corporate Finance In The 1930s, Jessica Wang Jan 2010

Neo-Brandeisianism And The New Deal: Adolf A. Berle, Jr., William O. Douglas, And The Problem Of Corporate Finance In The 1930s, Jessica Wang

Seattle University Law Review

This essay revisits Adolf A. Berle, Jr. and The Modern Corporation and Private Property by focusing on the triangle of Berle, Louis D. Brandeis, and William O. Douglas in order to examine some of the underlying assumptions about law, economics, and the nature of modern society behind securities regulation and corporate finance in the 1930s. I explore Douglas and Berle’s academic and political relationship, the conceptual underpinnings of Brandeis, Berle, and Douglas’s critiques of modern finance, and the ways in which the two younger men—Berle and Douglas—ultimately departed from their role model, Brandeis.


A Comprehensive Theory Of Deal Structure: Understanding How Transactional Structure Creates Value, Michael S. Knoll, Daniel M. G. Raff Jan 2010

A Comprehensive Theory Of Deal Structure: Understanding How Transactional Structure Creates Value, Michael S. Knoll, Daniel M. G. Raff

All Faculty Scholarship

No abstract provided.


Ceo Compensation At Tarp Institutions, Karl T. Muth Dec 2009

Ceo Compensation At Tarp Institutions, Karl T. Muth

Karl T Muth

This is a PowerPoint presentation given at the University of Chicago Booth School of Business on March 10, 2010. It requires the newest version of Microsoft PowerPoint.


Regulation By Markets And Higher Education, Benedict Sheehy Dec 2009

Regulation By Markets And Higher Education, Benedict Sheehy

Benedict Sheehy

Markets have a number of uses. One increasingly important use by politicians is as a means of regulating the supply and distribution of goods and services formerly supplied and distributed by governments on non-market bases. The use of markets as a regulator of higher education is not novel. However, the increased reliance on markets as a regulator of higher education is an on-going experiment with certain predictable failures. This article explores the uses of the market in the supply and distribution of higher education and weighs it against the stated policy objectives, with particular attention to the application proposed in …