Digital Commons Network^™

Evolution Of Philippine Businesses: Response To Internal And External Turbulence: Review Of Literature And A Framework For A Research Program, Ma. Andrea L. Santiago

Angelo King Institute for Economic and Business Studies (AKI)

The Philippine business environment undoubtedly is characterized as having a boom and bust cycle. It has not been able to take off as compared to its neighboring countries (Lim, 1999). Now more than ever, the political and economic environment has become a big challenge for many local businesses.

In spite, or because, of the current environment there are businesses that continue to prosper. On the one extreme are the large conglomerates that have the muscle to withstand major shocks and the on other are the smaller entrepreneurial ventures that are flexible and able to seize upon opportunities quickly.

In trying …

Antidepressent Treatment For Depression: Total Charges And Therapy Duration, Deborah G. Dobrez, Catherine A. Melfi, Thomas W. Croghan, Thomas J. Kniesner, Robert L. Obenchain

Center for Policy Research

Background: The economic costs of depression are significant, both the direct medical costs of care and the indirect costs of lost productivity. Empirical studies of antidepressant costeffectiveness suggest that the use of selective serotonin reuptake inhibitors (SSRI) may be no more costly than tricyclic antidepressants (TCA), will improve tolerability, and is associated with longer therapy duration. However the success of depression care usually involves multiple factors, including source of care, type of care, and patient characteristics, in addition to drug choice. The cost-effective mix of antidepressant therapy components is unclear.

Aims of the Study: Our study evaluates cost and antidepressant-continuity …

Key Challenges Facing President-Elect Bush, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper focuses on the serious issues facing our nation during a difficult and perhaps dangerous period. Politically, Bush must work to restore the public's confidence in the presidency and develop a good working relationship with Congress. Bush will also have to deal with a slowing economy in which inflation is still rising. Domestically, fiscal policy and regulation will prove difficult issues to resolve. Finally, president-elect Bush must set a strong foreign policy agenda, as there are problem areas almost everywhere one looks around the globe.

The Benton Harbor Area Benchmarking Study, George A. Erickcek, Brad R. Watts

Reports

No abstract provided.

Hybridization Of Dna By Sequential Immobilization Of Oligonucleotides At The Air-Water Interface, Murali Sastry, Vidya Ramakrishnan, Mrunalini Pattarkine, Anand Gole, K. N. Ganesh

Faculty Works

The hybridization of DNA by sequential electrostatic and hydrogen-bonding immobilization of single-stranded complementary oligonucleotides at the air-water interface with cationic Langmuir monolayers is demonstrated. The complexation of the single-stranded DNA molecules with octadecylamine (ODA) Langmuir monolayers was followed in time by monitoring the pressure-area isotherms. A large (and slow) expansion of the ODA monolayer was observed during each stage of complexation in the following sequence: primary single-stranded DNA followed by complementary single-stranded DNA followed by the intercalator, ethidium bromide. Langmuir-Blodgett (LB) films of the ODA-DNA complex were formed on different substrates and characterized using quartz-crystal microgravimetry (QCM), Fourier transform infrared …

Productivity Growth And The New Economy, William D. Nordhaus

Cowles Foundation Discussion Papers

The present study is the third in a series of three papers devoted to issues in the measurement of productivity and productivity growth. The major findings are as follows. First, this study shows that the new data set used here, which develops data on total output, business sector output, and “well-measured” output, and relying on income-side data, provides a useful supplement to existing data sets. Second, there has clearly been a rebound in labor-productivity growth in recent years. All three sectoral definitions show a major acceleration in labor productivity in the last three years of the period (1996-98) relative to …

New Data And Output Concepts For Understanding Productivity Trends, William D. Nordhaus

Cowles Foundation Discussion Papers

The present study is the second is a series of three papers devoted to issues in the measurement of productivity and productivity growth. The contributions of the present paper are three. First, it introduces a new approach to measuring industrial productivity based on income-side data that are published by the Bureau of Economic Analysis (BEA). The data are internally consistent in that both inputs and outputs are income-side measures of value added, whereas the usual productivity measures combine expenditure-side output measures with income-side input measures. Second, because of interest in the “new economy,” we have also constructed a set of …

Elements Of A Service Referral Algorithm For A Frontline Decision Support System For Washington Workfirst, Randall W. Eberts, Christopher J. O'Leary, Wei-Jang Huang

Reports

No abstract provided.

Do The Rich Save More?, Karen E. Dynan, Jonathan Skinner, Stephen P. Zeldes

Dartmouth Scholarship

The question of whether higher–lifetime income households save a larger fraction of their income was the subject of much debate in the 1950s and 1960s, and while not resolved, it remains central to the evaluation of tax and macroeconomic policies. We resolve this long‐standing question using new empirical methods applied to the Panel Study of Income Dynamics, the Survey of Consumer Finances, and the Consumer Expenditure Survey. We find a strong positive relationship between saving rates and lifetime income and a weaker but still positive relationship between the marginal propensity to save and lifetime income. There is little support for …

Are Worker's Wages Driven By National Or Local Factors?, Dwight Adamson, David Clark, Mark Partridge

Economics Staff Paper Series (1969 - 2017)

Previous studies of the linkage of national and regional labor markets have focused on aggregate employment growth and migration. By focusing on the separate effects of national and regional labor market economic conditions on wages, this study differs from much of the previous literature. In particular, this paper will extend the previous literature in two key directions. First, it will explore whether local economic activity and location-specific amenities have different effects on metropolitan and nonmetropolitan area wages. Second, it will determine whether these effects on workers varied by education level between metro and nonmetro workers. These issues will be explored …

The Effect Of Educational And Residential Characteristics On The Private Return To Education, Dwight Adamson, James Swenson

Economics Staff Paper Series (1969 - 2017)

This paper attempts to investigate the individual wage rate of return to college education. Over the last twenty years, the return to college education has increased dramatically. We propose to investigate how the return to college differs across educational and residential characteristics. We first consider differential returns to an associate, bachelor, advanced, and professional degrees and what characteristics of an individual's college education influence the rate of return to different degrees. Secondly, we focus on the variation in the return to college education in different areas of residence by comparing the return to education across regions and metropolitan and nonmetropolitan …

Individual Characteristics, Spatial Labor Market Differences, And Amenity Influences On Nonmetro/Metro Migration Patterns, Dwight Adamson, David Clark, Mark Partridge

Economics Staff Paper Series (1969 - 2017)

Previous studies of the linkage of national and regional labor markets have focused on aggregate employment growth and migration. By focusing on the separate effects of national and regional labor market economic conditions on wages, this study differs from much of the previous literature. In particular, this paper will extend the previous literature in two key directions. First, it will explore whether local economic activity and location-specific amenities have different effects on metropolitan and nonmetropolitan area wages. Second, it will determine how regional labor markets and locality amenities affect metro and non-metro migration of workers. These issues will be explored …

On The Measurement Of Rent Seeking And Its Social Opportunity Cost, Russell S. Sobel, Thomas A. Garrett

Economics Faculty Working Papers Series

Utilizing 4-digit industry data by county, we compare the allocation of resources across industries in state capital areas with noncapital areas. We are able to identify which industries are expanded and contracted relative to noncapital areas. Our results provide the first direct evidence and measurement of the forgone productive activity resulting from resources being reallocated toward rent seeking and interest group activity. Our data also allow us to measure total rent seeking, and also to isolate the extent of indirect and in-kind rent seeking, which can account for part of the Tullock paradox.

Workplace Safety Policy: Past, Present, And Future, Thomas J. Kniesner, John D. Leeth

Economics - All Scholarship

With an annual budget of about $400 million, the Occupational Safety and Health Administration (OSHA) is about 5 percent the size of the Environmental Protection Agency, another federal agency created by President Richard M. Nixon in 1970, the "Year of the Environment." Nearly all workers in the United States come under OSHA's juridction, with some notable exceptions, including miners, transportation workers, many public employees, and people who are self-employed. OSHA is currently responsible for ptoecting over 100 million workers at 6 million work sites with the help of only about 2,000 workplace health and safety inspectors. Nevertheless, suppoers of OSHA …

Quality Of The Business Environment Versus Quality Of Life In A Dynamic Model Of Urban Composition And Growth Do Firms And Households Like The Same Cities?, Stuart S. Rosenthal, Stuart A. Gabriel

Economics - All Scholarship

Appropriately constructed measures of the quality of life and the quality of the business environment should be important determinants of the growth and composition of population across urban areas. This paper examines that question by extending theoretical measures of household quality of life to construct the first ever measure of the quality of the business environment? the value that firms place on the basket of amenities in a metropolitan area. An annual panel of quality of life and quality of business environment values for 37 cities in the United States is then constructed for the 1977 to 1995 period.

A …

Are Invisible Hands Good Hands? Moral Hazard, Competition, And The Second-Best In Health Care Markets, Martin Gaynor, Deborah Haas-Wilson, William B. Vogt

Economics: Faculty Publications

The nature and normative properties of competition in health care markets have long been the subject of much debate. In this paper we consider what the optimal benchmark is in the presence of moral hazard effects on consumption due to health insurance. Intuitively, it seems that imperfect competition in the health care market may constrain this moral hazard by increasing prices. We show that this intuition cannot be correct if insurance markets are competitive. A competitive insurance market will always produce a contract that leaves consumers at least as well off under lower prices as under higher prices.

Economic Currents: The State Of The State Economy, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

Between June 1999 and July 2000, the Federal Reserve raised the federal funds rate six times, for a total increase of 175 basis points. For this and other reasons, the national — and state — ␣economies appear to be growing at a slower rate.

The Economics Of Medicare Reform, Andrew J. Rettenmaier, Thomas Robert Saving

Employment Research Newsletter

No abstract provided.

The State Of The Region: Hampton Roads 2000, James V. Koch, Aditi Agarwal, Vinod Agarwal, Rebecca Bowers, Steve Daniel, Michele Darby, John Gawne, Beth Herders, Jeffrey Harlow, Tatiana Isakovski, Sharon Lomax, Helen Madden, Stephen Medvic, Deborah L. Miller, Wayne Talley, Gilbert Yochum

Economics Faculty Books

Those who know and love the region of Hampton Roads wish to make it an even better place to live than it is currently. In order for us to achieve that end, we must know literally "where we are" in critical areas. This first "State of the Region" Report is designed to provide citizens with a detailed, though not burdensome, look at several critical aspects of the lives we live in Hampton Roads. The Report focuses on topics such as the regional economy (including the tourist and military sectors), the workforce, K-12 education, technology, and of course, government and regional …

Why Employers Use Flexible Staffing Arrangements: Evidence From An Establishment Survey, Susan N. Houseman

Upjohn Institute Working Papers

This paper examines which employers use flexible staffing arrangements, why they use these arrangements, and their implications for workers and public policy, drawing on a nationally representative survey of private sector establishments. Use of flexible staffing arrangements-including temporary help agency, short-term, on-call, regular part-time, and contract workers-is widespread and two-thirds of employers believe this use will increase in the near future. Traditional reasons concerning the need to accommodate fluctuations in workload or absences in staff are the most commonly cited reasons for using all types of flexible staffing arrangements. Many employers also use agency temporaries and part-time workers to screen …

Women's Work And Economic Development, Kristin Mammen, Christina Paxson

Publications and Research

Using a cross-country dataset and microdata from India and Thailand, we examine how women's work status changes with economic development. Several clear patterns emerge: women's labor force participation first declines and then rises with development; women move from work in family enterprises to work as paid employees; fertility declines; and gender gaps in education narrow. Women's education levels, and those of their spouses, appear to be important determinants of women's labor market activities. Broad welfare indicators, such as mortality rates and education levels, indicate that women's well-being improves on average with development, both in absolute terms and relative to men.

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

Economics Faculty Research and Publications

No abstract provided.

Ua12/2/1 Career Expo, Wku Student Affairs

WKU Administration Documents

Magazine issue of College Heights Herald printed for the Career Exposition.

• Employers Attending WKU Career Expo 2000
• Harrison, Christy. Career Expo 2000 to Give Western Students, Alumni Job, School Opportunities
• Career Services Offerings
• The Job Market for the Class of 2001

Environmental Finance Charette, Hyannis Park On Lewis Bay: A Case Study, New England Environmental Finance Center, Environmental Finance Center Of University Of Maryland

Water

The town of Yarmouth currently has a $30 million septic sludge treatment plant and transport lines in place. The vast majority of the dwellings and businesses in the Hyannis Park area are on septic systems that are viable and Title 5 compliant, regardless of age. Conventional, "non-failing" septic systems, however, were never intended to remove form their effluent nutrients such as nitrogen. These have become recognized as an environmental threat only as our understanding of the impacts of excess nutrients on ecosystems has increased in recent decades.

Replication: Regressive Reproduction Or Progressive Evolution?, Graham Wright

Journal of Microfinance / ESR Review

Increasing numbers of organizations are "replicating" the programs of successful microfinance institutions (MFIs). This approach allows rapid start-up using tested models and systems. These strengths are also weaknesses, though, since the models being replicated usually require substantial modifications to make them appropriate for local conditions. Furthermore, close adherence to "blueprints" is likely to substitute for careful research into the needs and opportunities for the provision of financial services to the poor--and thus the design of appropriate systems. Replication also risks the suppression of innovative ways of providing still better financial services--particularly when promoted by powerful apex funding organizations, as is …

Impact Assessment Of Microfinance And Organizational Learning: Who Will Survive?, James G. Copestake

Journal of Microfinance / ESR Review

To what extent is it possible for organizations to reflect honestly on their own performance, draw appropriate conclusions, and then act on them? For many microfinance organizations this is now a question of survival. This paper argues that formal impact assessment can assist in the transition from donor-controlled replication projects to autonomous and adaptable organizations--but it often fails to do so. Pitfalls include inadequate attention to methodological detail and to the links between impact assessment and wider aspects of organizational change. The paper starts by highlighting the complexity of the overall task to which impact assessment is expected to contribute. …

Vol. 02 No. 2 Journal Of Microfinance, Journal Of Microfinance

Journal of Microfinance / ESR Review

No abstract provided.

Banking On Customer Loyalty, Craig Churchill

Journal of Microfinance / ESR Review

Enhancing customer loyalty is a microfinance institution's most important business strategy. Every critical element involved in managing microfinance operations--from product pricing to staff incentives, from marketing to eligibility requirements, from client screening to the menu of available services--can (and should) be formulated to promote loyalty. While most MFIs recognize the importance of client retention, few have designed business strategies to maximize customer loyalty. Hopefully that will change. This article details the economic impact that customer loyalty has on a microfinance institution (and the negative effect of desertion).

Models Of Economic And Financial Crises, Roberto S. Mariano, Bulent N. Gultekin, Suleyman Ozmucur, Tayyeb Shabbir

Topics in Middle Eastern and North African Economies

No abstract provided.

Institutional Reform And Efficiency Of The Budget Process: A Case Study Of Morocco , Cherkaoui Mouna

Topics in Middle Eastern and North African Economies

No abstract provided.