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SelectedWorks

Economics

1986

Articles 1 - 7 of 7

Full-Text Articles in Social and Behavioral Sciences

Is Increased Price Flexibility Stabilizing?, J. Bradford Delong, Lawrence Summers Dec 1986

Is Increased Price Flexibility Stabilizing?, J. Bradford Delong, Lawrence Summers

J. Bradford DeLong

This paper uses John Taylor's model of overlapping contracts to show that increased wage and price flexibility can easily be destabilizing because of the Mundell effect. Simulations based on "realistic" parameter values suggest that increases in price flexibility might well increase the cyclical variability of output in the United States.

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Is Increased Price Flexibility Stabilizing?, J. Bradford Delong, Lawrence Summers Dec 1986

Is Increased Price Flexibility Stabilizing?, J. Bradford Delong, Lawrence Summers

J. Bradford DeLong

No abstract provided.

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Causal Apportionment: A Reply To The Critics, Mario Rizzo Jan 1986

Causal Apportionment: A Reply To The Critics, Mario Rizzo

Mario Rizzo

This article follows-up on the theory of apportionment by relative causal contribution developed in the Columbia Law Review. It is an answer to criticism by statisticians.

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A Comparison Of Male-Female Hazard Rates Of Young Workers, 1968-1971, John Donohue Jan 1986

A Comparison Of Male-Female Hazard Rates Of Young Workers, 1968-1971, John Donohue

John Donohue

The perception that women have higher turnover rates than men is widespread. A recent study has argued, with a touch of sarcasm, that "[p]opular stereotypes, which economists refer to as 'stylized facts, I portray women as relatively poor bets as workers because they have ... higher quit rates than males. 1I Waite and Berryman [1985: 61]. Indeed, in a recent article on occupational segregation, Goldin takes this IIfact ll as the premise for her model, although in support of this position she cites only a 1920 study. Goldin [1985]. While this may well be adequate for Goldin's historical analysis, a …

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Hazard Rates Of Young Male And Female Workers--Recent Developments (Working Paper #51), John Donohue Jan 1986

Hazard Rates Of Young Male And Female Workers--Recent Developments (Working Paper #51), John Donohue

John Donohue

This paper will explore whether this tenure differential has persisted after a decade in which the commitment of women to the paid workforce increased substantially. To answer this question, I began by examining the first full-time job for "recent school leavers" from the National Longitudinal Studies youth cohort over the four year period from 1979-1982.2 Tables 1 and 2 present summary statistics for the resulting male and female samples, in which full-time jobs are defined as having a usual workweek of 20 or more hours. The number of male and female workers included in the sample are quite close: 2305 …

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The Overloaded Juggler-The Electoral-Economic Cycle In Israel 1951-1984, Benjamin (Benny) Temkin, Uriel Ben-Hanan Jan 1986

The Overloaded Juggler-The Electoral-Economic Cycle In Israel 1951-1984, Benjamin (Benny) Temkin, Uriel Ben-Hanan

benjamin (benny) temkin

No Abstract

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Strategic Planning Of Seaport Development In A Global Economy: Observations Of An Executive Port Director, Herman L. Boschken Jan 1986

Strategic Planning Of Seaport Development In A Global Economy: Observations Of An Executive Port Director, Herman L. Boschken

Herman L. Boschken

Seaport management is central both to the use of coastal resources and to the needs of a global economy. As a major point of supply-chain activity along the coast and as a source of pollution, ports need to be administered strategically to provide the greatest benefit according to economic and environmental demands. This article is an annotated conversation that provides a practitioner's insight into the management of change along the coastal zone. To address the problem, we probe organization theory for new insight and attempt to apply concepts to practice.

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