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Articles 1 - 23 of 23
Full-Text Articles in Economics
The Sherman Act And The Balance Of Power, David K. Millon
The Sherman Act And The Balance Of Power, David K. Millon
David K. Millon
None available.
New Game Plan Or Business As Usual? A Critique Of The Team Production Model Of Corporate Law, David K. Millon
New Game Plan Or Business As Usual? A Critique Of The Team Production Model Of Corporate Law, David K. Millon
David K. Millon
None available.
The Economics Of Open Source, Christopher H. Hoebeke
The Economics Of Open Source, Christopher H. Hoebeke
Christopher H Hoebeke
No abstract provided.
Disparities In Globalization Of The World Economies, Sudhanshu K. Mishra, Binod Kumar
Disparities In Globalization Of The World Economies, Sudhanshu K. Mishra, Binod Kumar
Sudhanshu K Mishra
This paper constructs composite indices of globalization of 131 countries spread over the five continents and classified into World-I, World-II and World-III countries. KOF, the Business Cycle Research Institute in the Swiss Federal Institute of Technology, Zurich is the source of data used in this study. The Composite Indices of Globalization have been computed by Pena’s method, which attributes the most desirable properties to the indices so constructed. On the basis of these indices, the paper investigates into the trends of globalization and disparities in globalization for a period of 11 years (1999-2009). Disparities have been obtained as the Gini’s …
Cornering The Black Market: A Role For The Corner Store In Community Development, Seneca Vaught
Cornering The Black Market: A Role For The Corner Store In Community Development, Seneca Vaught
Seneca Vaught
This paper addresses these important themes by examining the impact of corner stores in two American cities: Buffalo, New York and Atlanta, Georgia. The paper illustrates how corner stores can effectively address unique demands in urban niche markets and the problems and possibilities these approaches present. The paper puts these developments into a historical, economic and spatial context that illustrates how neighborhood stores emerge and the dynamics of race, economics, and geography that they engage. Finally, the paper illustrates several models for effective small propriety grocers that specifically address issues of economic disparity and racial divisions, illustrating how these examples …
Veblen Effect, Search For Status Goods, And Negative Utility Of Conspicuous Leisure., Sergey V. Malakhov
Veblen Effect, Search For Status Goods, And Negative Utility Of Conspicuous Leisure., Sergey V. Malakhov
Sergey Malakhov
When expected savings on purchases are greater than the wage rate, the optimal search results in the negative marginal utility of leisure. The search transforms the classical backward bending effect and the leisure becomes complementary to the search. Consumers compensate “bad” leisure by status goods of exceptional quality on markets with high price dispersion. Status consumption complements “bad” conspicuous leisure and produces the Veblen effect as well as the “gardening aboard the boat” effect.
Corporate Legitimacy, Economic Theory, And Legal Doctrine, Richard M. Buxbaum
Corporate Legitimacy, Economic Theory, And Legal Doctrine, Richard M. Buxbaum
Richard M. Buxbaum
No abstract provided.
Prospects In The Academic Labor Market For Economists, Ronald G. Ehrenberg
Prospects In The Academic Labor Market For Economists, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] American colleges and universities are increasingly substituting nontenure track full-time and part-time faculty for full-time tenured and tenure track faculty. Moreover, institutions of public higher education, where almost two-thirds of the full-time faculty members at four-year institutions are employed, are under severe financial pressure. The share of state budgets devoted to public higher education is declining. The salaries of economics department faculty members at public higher education institutions have fallen substantially relative to the salaries of their counterparts at private higher education institutions, and it is becoming increasingly difficult for the publics to compete for top faculty in economics. …
The Changing Distributions Of New Ph.D. Economists And Their Employment: Implications For The Future, Ronald Ehrenberg
The Changing Distributions Of New Ph.D. Economists And Their Employment: Implications For The Future, Ronald Ehrenberg
Ronald G. Ehrenberg
[Excerpt] Academic careers are no longer the be-all and end-all for economics Ph.D. students, and the findings and background provided by Siegfried and Stock help to explain why this is so. The median age at which individuals receive economics Ph.D.'s in the Siegfried and Stock sample is 32. While they are somewhat surprised at this finding, it parallels the experiences of many other fields. Increasingly, students are working before proceeding to doctoral studies. Often Ph.D. students in economics enter their programs after having spent several years working for government agencies or research consulting companies—work that has whetted their appetites for …
My Life And Economics, Ronald G. Ehrenberg
My Life And Economics, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] Age 51 is a bit early to be writing a retrospective about one's career as an economist and one's life. This is especially true for me since I am not on track to win a Nobel Prize, to be admitted to the National Academy of Science, or even to be elected a Fellow of the Econometric Society. Nonetheless, as I write this essay during the fall of 1997, I look back on the 28 years I have spent as a PhD economist and see a record of accomplishment of which I am proud and a number of messages worth …
Do Economics Departments With Lower Tenure Probabilities Pay Higher Faculty Salaries?, Ronald Ehrenberg, Paul Pieper, Rachel Willis
Do Economics Departments With Lower Tenure Probabilities Pay Higher Faculty Salaries?, Ronald Ehrenberg, Paul Pieper, Rachel Willis
Ronald G. Ehrenberg
The simplest competitive labor market model asserts that if tenure is a desirable job characteristic for professors, they should be willing to pay for it by accepting lower salaries. Conversely, if an institution unilaterally reduces the probability that its assistant professors receive tenure, it will have to pay higher salaries to attract new faculty. Our paper tests this theory using data on salary offers accepted by new assistant professors at economics departments in the United States during the 1974-75 to 1980-81 period, along with data on the proportion of new Ph.D.s hired by each department between 1970 and 1980 that …
Policy Decisions And Research In Economics And Industrial Relations: An Exchange Of Views: Comment, Ronald G. Ehrenberg, Daniel S. Hamermesh, George E. Johnson
Policy Decisions And Research In Economics And Industrial Relations: An Exchange Of Views: Comment, Ronald G. Ehrenberg, Daniel S. Hamermesh, George E. Johnson
Ronald G. Ehrenberg
[Excerpt] John Dunlop has presented what are certainly some of the most provocative remarks to appear in a scholarly journal in the labor field in many years. We find much to agree with in his remarks; however, we also find many areas where we feel he condemns research because of his overly optimistic expectations about its ability to contribute to the policy process, and other areas where he appears to be unaware that research in labor economics has already contributed fairly directly to policy decisions.
Involving Undergraduates In Research To Encourage Them To Undertake Ph.D. Study In Economics, Ronald G. Ehrenberg
Involving Undergraduates In Research To Encourage Them To Undertake Ph.D. Study In Economics, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] Recent evidence suggests that the growing use of part-time and full-time non-tenure-track faculty nationwide adversely influences American college students’ graduation rates (Ehrenberg and Liang Zhang, 2005). I have become concerned that the increased usage of non-tenure track faculty members also likely adversely influences the propensity of undergraduate students to go on for Ph.D.s in economics for two reasons. First, many students enter college with the expressed intent of becoming doctors or lawyers, getting an MBA, or going on for advanced degrees in the sciences or humanities. However, with the exception perhaps of the small number of high-school students who …
Estimating Hypothetical Bias In Economically Emergent Africa: A Generic Public Good Experiment, Arthur Caplan, David Aadland, Anthony Macharia
Estimating Hypothetical Bias In Economically Emergent Africa: A Generic Public Good Experiment, Arthur Caplan, David Aadland, Anthony Macharia
David Aadland
This paper reports results from a contingent valuation based public good experiment conducted in the African nation of Botswana. In a sample of university students, we find evidence that stated willingness to contribute to a public good in a hypothetical setting is higher than actual contribution levels. However, results from regression analysis suggest that this is true only in the second round of the experiment, when participants making actual contributions have learned to significantly lower their contribution levels. As globalization expands markets, and economies such as Botswana’s continue to modernize, there is a growing need to understand how hypothetical bias …
Human Capital Formation And Economic Development In Pakistan: An Empirical Analysis, Muhammad Irfan Chani, Mahboob Ul Hassan, Muhammad Shahid
Human Capital Formation And Economic Development In Pakistan: An Empirical Analysis, Muhammad Irfan Chani, Mahboob Ul Hassan, Muhammad Shahid
Muhammad Irfan Chani
This study investigates the casual relationship between economic development and formation of human capital in Pakistan. Based on endogenous growth theory, this study empirically tests the standard growth model consisting of gross domestic product (GDP) per capita as a dependent variable and human capital formation, investment in physical capital and labor force as independent variables. Autoregressive distributive lag (ARDL) bound testing approach to cointegration is used to check the long-run equilibrium relationship between the variables included in the model. For checking the causal relationship between economic development and human capital formation, pair-wise Granger causality test is used for time series …
Review Of Robert Frank's Darwin Economy, Ted C. Bergstrom
Review Of Robert Frank's Darwin Economy, Ted C. Bergstrom
Ted C Bergstrom
This is a short book review of Frank's ``Darwin Economy''.
Some Socio Economic Determinants Of Fertility In Pakistan: An Empirical Analysis, Muhammad Irfan Chani, Muhammad Shahid, Mahboob Ul Hassan
Some Socio Economic Determinants Of Fertility In Pakistan: An Empirical Analysis, Muhammad Irfan Chani, Muhammad Shahid, Mahboob Ul Hassan
Muhammad Irfan Chani
This study aims to investigate the role that various socioeconomic factors like female education, urbanization and female labour force participation play in determining fertility of women in Pakistan. ARDL bound test approach to cointegration is used to analyze the long-run relationship of the variables by using the data for the period from 1980 to 2009. The empirical results show that there exists a long-run as well as short-run relationship between fertility and urbanization, female labour force participation and female education in Pakistan. The analysis indicates there is a negative relationship between all 3 determinants with fertility. Female education and urbanization …
Must Economics Always Determine Academic Destiny? Achievement Across Time In Two Academically Equivalent But Socioeconomically Diverse Same City Catholic Schools, Roseanne L. Williby, John W. Hill
Must Economics Always Determine Academic Destiny? Achievement Across Time In Two Academically Equivalent But Socioeconomically Diverse Same City Catholic Schools, Roseanne L. Williby, John W. Hill
John W. Hill
The study analyzed the pretest-posttest results of high stakes test scores, absence frequencies, and high school eligibility cut scores of students who completed fourth-grade through eighth-grades in two academically equivalent but socioeconomically diverse same city Catholic schools. Study outcomes were compared for a naturally formed group of students (n = 28) who had completed fourth-grade through eighth-grades in an urban Catholic school representing fewer family socioeconomic advantages and 40% eligibility for free and reduced price lunch program participation and tuition assistance and a randomly selected group of students (n = 28) completing fourth-grade through eighth-grades in a suburban Catholic school …
Microeconomics, Daniel Rubinfeld, Robert Pindyck
Microeconomics, Daniel Rubinfeld, Robert Pindyck
Daniel L. Rubinfeld
No abstract provided.
Thomas Robert Malthus: The Economist, Vernon Briggs
Thomas Robert Malthus: The Economist, Vernon Briggs
Vernon M Briggs Jr
"As Robert Heilbroner has so aptly observed, economics has produced "a handful of men" whose contributions to mankind have been "more decisive for history than many acts of statesman who basked in brighter glory, often more profoundly disturbing then the shuttling of armies back and forth across frontiers, and more powerful for good and bad than the edicts of kings and legislatures." One such person cited by Heilbroner is Thomas Robert Malthus."
Thomas Robert Malthus: The Economist, Vernon Briggs
Thomas Robert Malthus: The Economist, Vernon Briggs
Vernon M Briggs Jr
"As Robert Heilbroner has so aptly observed, economics has produced "a handful of men" whose contributions to mankind have been "more decisive for history than many acts of statesman who basked in brighter glory, often more profoundly disturbing then the shuttling of armies back and forth across frontiers, and more powerful for good and bad than the edicts of kings and legislatures." One such person cited by Heilbroner is Thomas Robert Malthus."
Wind Energy Economics: Potential Economic Development In West Michigan, Paul Isely Ph.D., Yue Fan, Erik Edward Nordman Ph.D..
Wind Energy Economics: Potential Economic Development In West Michigan, Paul Isely Ph.D., Yue Fan, Erik Edward Nordman Ph.D..
Erik Edward Nordman
Economic analyses conducted by the West Michigan Wind Assessment indicate that wind energy development could generate economic benefits and new employment in West Michigan; however, much of the economic activity occurs during construction and the local benefits depend on how many turbine parts are manufactured locally. As the wind industry grows in Michigan, a higher portion of the spending to construct new wind facilities could remain in the state.
A Great Recession In Economics?, Sergio Da Silva
A Great Recession In Economics?, Sergio Da Silva
Sergio Da Silva
The number of downloads of economics articles through the repository RePEc showed a sharp drop on the eve of the Great Recession in the economy. This unambiguously occurred with the Blue Ribbon journals, but can possibly be extended to other important journals. If we can perhaps talk of a great recession in economics, in the sense of a general lack of interest in reading economics papers, this may have been part of the overall bearish mood of the time.