Social and Behavioral Sciences Commons^™

U.S. Corporations In Globalization, John B. Davis, Joseph P. Daniels

Economics Faculty Research and Publications

No abstract provided.

Using Gis To Evaluate The Effects Of Flood Risk On Residential Property Values, Alena Bartosova, David E. Clark, Vladimir Novotny, Kyra S. Taylor

Economics Faculty Research and Publications

Annually, flooding causes more property damage in the United States than any other type of natural disaster. One of the consequences of continued urbanization is the tendency for floodplains to expand, increasing flood risks in the areas around urban streams and rivers. Hedonic modeling techniques can be used to estimate the relationship between residential housing prices and flood risks. One weakness of hedonic modeling has been incomplete controls for locational characteristics influencing a given property. In addition, relatively primitive assumptions have been employed in modeling flood risk exposures.

We use GIS tools to provide more accurate measures of flood risks, …

The Impact Of Public School Attributes On Home Sale Prices In California, David E. Clark, William E. Herrin

Economics Faculty Research and Publications

The quality of public schools is often cited as an important attribute which distinguishes a community. Indeed, a recent public opinion poll conducted by the California Public Education Partnership indicates that residents rank improvements in public education higher than such high profile issues as environmental quality and crime reduction. In order to explore the role of educational quality in determining residential property values, a hedonic housing price model is used on a large sample of homes which sold within Fresno County in California over the period 1990-1994. After controlling for a wide range of housing characteristics and neighborhood features, the …

An Analysis Of The Interest Elasticity Of Financial Asset Holdings By Income, Brian Amick, James Mcgibany

Economics Faculty Research and Publications

A Keynesian money demand model is used to examine the interest elasticity of financial asset holdings by income level. In this model, once an individual receives income, they first make transactions, and any leftover income goes for speculative purposes. Since only speculative balances are assumed to change with interest rates, individuals with income used mainly for transactions purposes are theorized to have asset holdings that are unresponsive to interest rates, while higher income individuals with speculative balances are expected to be more responsive to interest rates. The results support the Keynesian model, as lower income households are found to have …

Speculative Attacks Or Economic Fundamentals: Evidence From The Asian Currency Crisis, Abdur Chowdhury

Economics Faculty Research and Publications

This paper argues that what led to the Asian financial crisis was a fatal combination of several self-reinforcing factors including external sector weaknesses, fragility in domestic financial markets due to inadequately administered financial liberalisation, loss of confidence, and short-term capital flows, maturing within less than a year and denominated in unhedged dollars. Some of these factors were country-specific while others were common to the entire region.

Asia's financial crisis will almost certainly lead to important changes in the international financial system, as countries try to find an appropriate balance between the benefits from gaining access to intentional capital flows and …

The United States And Global Capital Markets, Joseph P. Daniels

Economics Faculty Research and Publications

No abstract provided.

Global Capital Flows: Maximising Benefits, Minimising Risks, Joseph P. Daniels

Economics Faculty Research and Publications

No abstract provided.

American Macromanagement Issues And Policy, Joseph P. Daniels, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

Helen Stuart Campbell, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

Review Of Economics For The Common Good: Two Centuries Of Social Economic Thought In The Humanistic Tradition, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

The Millenium Survey, John B. Davis

Economics Faculty Research and Publications

Pryor’s Millennium Survey results need to be understood in the context of economists’ different economic models appropriate to different institutional frameworks. These variable/institutional framework subsystems in turn may be distinguished according to whether the variables involved exhibit considerable deviation from trend and whether significant institutional change is anticipated. One such subsystem, involving globalization, financial volatility, and income inequality, seems to be relatively independent of a subsystem made up of the domestic economy as a whole.

Shaping A New International Financial System: Contributions And Challenges, Karl Kaiser, John J. Kirton, Joseph P. Daniels

Economics Faculty Research and Publications

No abstract provided.

Challenges And Contributions To The Conventional Wisdom, Karl Kaiser, John J. Kirton, Joseph P. Daniels

Economics Faculty Research and Publications

No abstract provided.