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Public Economics Commons

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Series

1998

Discipline
Institution
Keyword
Publication

Articles 1 - 8 of 8

Full-Text Articles in Public Economics

Productivity Growth And Public Sector Employment, Kong Weng Ho, Hian Teck Hoon Oct 1998

Productivity Growth And Public Sector Employment, Kong Weng Ho, Hian Teck Hoon

Research Collection School Of Economics

Our model endogenizes the share of public sector employment in a neoclassical growth model. Under the assumptions that public sector production is labor intensive and the elasticity of substitution between capital and labor is less than one, the public share of employment is shown to decline with a rise in capital per effective worker. Our theory predicts that periods of high productivity growth are associated with a rising trend of the public share of employment. This prediction conforms well with U.S. experience from 1950–1995.


Exchange-Rate Policies In Central Europe And Monetary Union, Lucjan Orlowski Oct 1998

Exchange-Rate Policies In Central Europe And Monetary Union, Lucjan Orlowski

WCBT Faculty Publications

Looks at the relationship between exchange-rate and monetary policies in transition economies (TEs) in central Europe bent on becoming part of the European Union. Review of practiced targets of monetary policy in response to the requirements of monetary union; Question of whether or not candidates will resort to a final currency devaluation; Suggestions for adjustments in short- and long-term monetary policy.


Productivity Growth And Public Sector Employment, Kong Weng Ho, Hian Teck Hoon Sep 1998

Productivity Growth And Public Sector Employment, Kong Weng Ho, Hian Teck Hoon

Research Collection School Of Economics

Our model endogenizes the share of public sector employment in a neoclassical growth model. Under the assumptions that public sector production is labor intensive and the elasticity of substitution between capital and labor is less than one, the public share of employment is shown to decline with a rise in capital per effective worker. Our theory predicts that periods of high productivity growth are associated with a rising trend of the public share of employment. This prediction conforms well with U.S. experience from 1950-1995.


Low Inflation: The Surprise Of The 1990s, Dean D. Croushore Jul 1998

Low Inflation: The Surprise Of The 1990s, Dean D. Croushore

Economics Faculty Publications

For most of the 1990s, forecasters have been predicting an upturn in inflation. Yet, over that same period, the United States has experienced stable or declining inflation. Why have forecasts been at odds with reality? And why does it matter? In this article, Dean Croushore considers some answers to these questions and explains why inflation is the economic surprise of the decade.


Westhampton Business Development, Umass Amherst Center Economic Development Jan 1998

Westhampton Business Development, Umass Amherst Center Economic Development

Center for Economic Development Technical Reports

This report was meant to explore the potential for business development in Westhampton, Massachusetts and recommend alternative models for development. The project identified various models of residential growth and business development through research and analysis of business activity in 10 communities with similar characteristics to Westhampton.


"Not Just For The Fun Of It!" Governmental Restraints On Black Leisure, Social Inequality, And The Privatization Of Public Space, Regina Austin Jan 1998

"Not Just For The Fun Of It!" Governmental Restraints On Black Leisure, Social Inequality, And The Privatization Of Public Space, Regina Austin

All Faculty Scholarship

No abstract provided.


Medicaid Managed Care And Disability Discrimination Issues, Mary Crossley Jan 1998

Medicaid Managed Care And Disability Discrimination Issues, Mary Crossley

Articles

This article examines issues potentially raised under the Americans with Disabilities Act (ADA) by states' decisions whether and how to include disabled Medicaid recipients in the massive shift towards Medicaid managed care. Part II briefly examines the special issues that disabled Medicaid recipients pose with respect to managed care enrollment. These include issues of cost, quality, access, and program design and implementation. Part III describes various approaches that state programs have taken or are proposing to take with respect to the enrollment of disabled Medicaid recipients in managed care. These approaches range from simply excluding the SSI population from managed …


Legal-Ware: Contract And Copyright In The Digital Age, Michael J. Madison Jan 1998

Legal-Ware: Contract And Copyright In The Digital Age, Michael J. Madison

Articles

ProCD, Inc. v. Zeidenberg, which enforced a shrinkwrap license for computer software, has encouraged the expansion of the shrinkwrap form beyond computer programs, forward, onto the Internet, and backward, toward such traditional works as books and magazines. Authors and publishers are using that case to advance norms of information use that exclude, practically and conceptually, a robust public domain and a meaningful doctrine of fair use. Contesting such efforts by focusing on the contractual nature of traditional shrinkwrap, by relying on market principles, on adhesion theory, on commercial law concepts of usage and custom, or on federal preemption doctrine, feeds …