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Full-Text Articles in Social and Behavioral Sciences

Long Horizon Movements In Exchange Rates: Great Expectations, Minsok Pak Jan 1991

Long Horizon Movements In Exchange Rates: Great Expectations, Minsok Pak

Honors Papers

Results in this paper show that applying specific techniques designed to analyze long run behavior of time series variables provides evidence that long run movements in exchange rates differ from random walks. Long run behavior, for both the DM/$ and Y/$ spot rates, exhibit a rather substantial mean reverting component, a temporary component similar to that found in stock prices (Fama and French [1988]; Poterba and Summers [1988]). That is to say, a divergence of observed market values from fundamental values cannot simply be interpreted as support for models of inefficient markets. Rather, these divergences may be temporary swings away …


Gardening The Desert, Deserting The Garden: Culture, Agriculture And Ecology On The Northern Plains, 1830-1930, Ben Larson Jan 1991

Gardening The Desert, Deserting The Garden: Culture, Agriculture And Ecology On The Northern Plains, 1830-1930, Ben Larson

Honors Papers

Between 1830 and 1930, the northern Plains underwent sweeping changes. Cataclysmic conflict between Indians and whites, imposition of the American settlement system, and integration into the national economy all altered the region and how people lived there. Revisions in agriculture were part of these changes but also played their own role. As the dominant form of land use, and the direct or indirect occupation of most residents, agriculture has an important part in shaping landscapes and lifeways in the, northern plains. Of course, changes in agriculture between 1830 and 1930 dramatically affected the people and the land; to suggest the …


Liberation Theology: Social Impact And Change In Brazil And Columbia, Jennifer D. Bickham Jan 1991

Liberation Theology: Social Impact And Change In Brazil And Columbia, Jennifer D. Bickham

Honors Papers

This paper investigates liberation theology's impact upon the societies of Brazil and Colombia. It will emphasize the theology's role in affecting social change. Social change is far from a two-dimensional, simplistic process. Rather, it entails various levels of depth and intricacy and often manifests itself in more subtle ways than just military coups or communist revolutions. Societal change involves individual, personal transformation as well as broad, structural modifications. Patricia Hill Collins (1990:111) speaks of social change being able to occur even within the most microcosmic spheres, such as "in the private, personal space of an individual woman's consciousness." This paper …