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A Historical Perspective On Aid And Dependency: The Example Of Tonga, I. C. Campbell Sep 1992

A Historical Perspective On Aid And Dependency: The Example Of Tonga, I. C. Campbell

Pacific Studies

No abstract provided.


Responding To Foreign Competition: Overcoming Government Barriers, Murray L. Weidenbaum, Harvey S. James Jr Sep 1992

Responding To Foreign Competition: Overcoming Government Barriers, Murray L. Weidenbaum, Harvey S. James Jr

Murray Weidenbaum Publications

For a variety of reasons, governments erect barriers to international trade. In order to survive in the global marketplace, companies, therefore, need to overcome these barriers, whether by exporting, acquiring other firms, or entering strategic alliances with other businesses.


New Mexico Labor Market Review 08-31-1992, New Mexico Department Of Labor Aug 1992

New Mexico Labor Market Review 08-31-1992, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers July 1992.


Does Sex Discrimination Exist In Faculty Salaries At Western Kentucky University? An Empirical Examination Of The Wage Gap, Reed Vesey Aug 1992

Does Sex Discrimination Exist In Faculty Salaries At Western Kentucky University? An Empirical Examination Of The Wage Gap, Reed Vesey

Masters Theses & Specialist Projects

This thesis examines wage differentials between male and female faculty salaries at Western Kentucky University. A human capital model of salary determination is examined by using regression analysis on relevant personal and job characteristics of faculty members. A large portion of the wage gap between men and women is explained through differences in the personal and job characteristics. A portion of the wage gap remains unexplained, however, the probability of discrimination playing a substantial role in salary is very small.


New Mexico Labor Market Review 07-31-1992, New Mexico Department Of Labor Jul 1992

New Mexico Labor Market Review 07-31-1992, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers June 1992.


Interpretation Of Interpersonal Utility Comparisons: Positive, Normative Or Descriptive, John B. Davis Jul 1992

Interpretation Of Interpersonal Utility Comparisons: Positive, Normative Or Descriptive, John B. Davis

Economics Faculty Research and Publications

While interpersonal utility comparisons are indispensable to the determination of utility maxima, their interpretation as either normative or positive produces awkward conclusions. This paper alternatively reinterprets interpersonal utility comparisons as descriptive and value-laden rather than as either normative or positive. On this basis they are characterized as functional concepts, and are thus argued to be objective. This treatment suggests that it is possible to derive evaluative statements from descriptive ones, contrary to the usual view of the is-ought problem. Recent philosophy of language results are employed to support these views.


Review Of Long-Wave Rhythms In Economic Development And Political Behavior, By B.J.L. Berry, John C. Soper Jun 1992

Review Of Long-Wave Rhythms In Economic Development And Political Behavior, By B.J.L. Berry, John C. Soper

Economics & Finance

No abstract provided.


Unit Roots, Cointegration And Spot And Forward Rates Of The Rupees, P G Apte Jun 1992

Unit Roots, Cointegration And Spot And Forward Rates Of The Rupees, P G Apte

IIMB Management Review

The hypothesis of unbiasedness of the forward exchange rate as a predictor of the future spot rate has been subjected to extensive empirical testing. some researchers use the level form specification in which the actual spot rate is regressed on the k-period forward rate k periods age. While other use the percent change specification in which the k-period log change in spot rate is regressed on the forward premium /discount. The resuits from the two specifications are widely different and often contradictory. The problem lies in the presence of unit roots in both the spot and forward rate series and …


Doing Business In The Third World- With Special Reference To India, Premchander Jun 1992

Doing Business In The Third World- With Special Reference To India, Premchander

IIMB Management Review

Dictators, debts and declining economies are the dangers of the third world which have effectively kept away western businesses. The term third world, a product of the now defunct cold war, refers to those nations which currently constitute three fourths of the world population that are poor. This is a variegated grouping of nations with differing political systems, ranging from Westminster type democracies, neo-fascist dictatorships to monarchies -hereditary and otherwise. The sustaining economic models may be capitalist, Marxian or any acceptable mix of the two leading some writers to believe in the existence of convergent capitalism where elements of freemarket …


Class, State And Development In India Edited By Berch Berberoglue, New Delhi: Sage Publications, 1992., Vinod Vyasulu Jun 1992

Class, State And Development In India Edited By Berch Berberoglue, New Delhi: Sage Publications, 1992., Vinod Vyasulu

IIMB Management Review

No abstract provided.


Review Of Profit And Enterprise: The Political Economy Of Profit, John B. Davis Jun 1992

Review Of Profit And Enterprise: The Political Economy Of Profit, John B. Davis

Economics Faculty Research and Publications

No abstract provided.


The International Effects Of U.S. Farm Subsidies, Eric O'N. Fisher, Harry De Gorter May 1992

The International Effects Of U.S. Farm Subsidies, Eric O'N. Fisher, Harry De Gorter

Economics

Using dynamic programming, this paper examines effects of farm subsidies on U.S. exports of corn, cotton, rice, and wheat. The six policy simulations described here explore alternative proposals in the current round of the General Agreement on Tariffs and Trade. The analysis leads to two conclusions. First, abolishing domestic subsidies lowers world prices of these crops. Second, imposing tighter supply controls may not actually decrease exports in the short run.


Moonlighting Behavior: Theory And Evidence, Karen Smith Conway, Jean Kimmel May 1992

Moonlighting Behavior: Theory And Evidence, Karen Smith Conway, Jean Kimmel

Upjohn Institute Working Papers

Two labor supply issues that have received substantial attention are the responsiveness of labor supply to wage changes and the imposition of labor supply constraints. Adjusting hours worked on a second job may be the practical and perhaps only available response to either event yet, most labor supply studies only examine behavior on the primary job. Examining the motives for moonlighting provides evidence on both the wage-responsiveness of labor supply in general and the existence and consequences of labor supply constraints.


Earth Summit, Global Warming, And The Citizen: Economics, Science And Emotion, Murray L. Weidenbaum May 1992

Earth Summit, Global Warming, And The Citizen: Economics, Science And Emotion, Murray L. Weidenbaum

Murray Weidenbaum Publications

A barrage of news stories, editorials, and even business advertisements is proclaiming that this is our last chance to save the planet. Examining the evidence for global warming, this paper finds a lack of convincing data to allow any conclusive analysis. Regarding the Earth Summit, it outlines six reasons why the conference is unlikely to achieve its stated goals.


The Profit Motive: The Bane Of Mathematics Education, Neal Koblitz Apr 1992

The Profit Motive: The Bane Of Mathematics Education, Neal Koblitz

Humanistic Mathematics Network Journal

No abstract provided.


Publication List Economics Department: September 1989 - December 1991, Department Of Economics Apr 1992

Publication List Economics Department: September 1989 - December 1991, Department Of Economics

Economics Pamphlet Series (1985-2016)

The publications listed herein were prepared during September 1989 - December 1991 by the faculty and graduate students in the Economics Department at South Dakota State University. The publications are arranged by series (Staff Paper, Research Paper, Economics Commentator, Experiment Station Bulletin, etc.).


Postsecondary Education As Triage: Returns To Academic And Technical Programs, Kevin Hollenbeck Apr 1992

Postsecondary Education As Triage: Returns To Academic And Technical Programs, Kevin Hollenbeck

Upjohn Institute Working Papers

This paper examines the labor market outcomes of individuals with various types of postsecondary educational experiences. In particular, it examines differences between students who have pursued technical education programs from those who have pursued academic programs and from those individuals who have not pursued any type of postsecondary education. Empirical evidence is presented concerning the relationship between economic outcomes and grades earned and the degree to which the labor market rewards credentials. Wage and earnings models yield different structural parameter estimates when based on the three different populations. The differences are most dramatic for high school background effects and for …


Vol. 15 No. 1 (1992): Pacific Studies Full Issue, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies Mar 1992

Vol. 15 No. 1 (1992): Pacific Studies Full Issue, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Pacific Studies is published two times a year by The Jonathan Nāpela Center for Hawaiian and Pacific Studies, Brigham Young University Hawai‘i #1979, 55–220 Kulanui Street, Lāʻie, Hawai‘i 96762, but responsibility for opinions expressed in the articles rests with the authors alone. Subscription rate is US$40.00 yearly, payable to The Jonathan Nāpela Center for Hawaiian and Pacific Studies. The Jonathan Nāpela Center for Hawaiian and Pacific Studies (formerly The Pacific Institute) is an organization funded by Brigham Young University Hawai‘i. The Center assists the University in meeting its cultural and educational goals by undertaking a program of teaching, research, and …


Vol. 15 No. 1 (1992): Pacific Studies Front Matter, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies Mar 1992

Vol. 15 No. 1 (1992): Pacific Studies Front Matter, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Pacific Studies is published two times a year by The Jonathan Nāpela Center for Hawaiian and Pacific Studies, Brigham Young University Hawai‘i #1979, 55–220 Kulanui Street, Lāʻie, Hawai‘i 96762, but responsibility for opinions expressed in the articles rests with the authors alone. Subscription rate is US$40.00 yearly, payable to The Jonathan Nāpela Center for Hawaiian and Pacific Studies. The Jonathan Nāpela Center for Hawaiian and Pacific Studies (formerly The Pacific Institute) is an organization funded by Brigham Young University Hawai‘i. The Center assists the University in meeting its cultural and educational goals by undertaking a program of teaching, research, and …


Books Received And Book Notices, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies Mar 1992

Books Received And Book Notices, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Book Listing for the Vol 15, No 1 Edition of the Pacific Studies Journal


The Empirical Issue Of Smuggling: A Discussion Of Methodology, Scott Fausti Feb 1992

The Empirical Issue Of Smuggling: A Discussion Of Methodology, Scott Fausti

Economics Staff Paper Series (1969 - 2017)

The theoretical results attained from the literature on Illegal Transactions in International Trade suggest: 1) a positive link between the duty levied and the level of smuggling effort; 2) a nonnegative domestic relative price effect; and 3) an ambiguous social welfare effect. The theoretical results predict the generation of some type of distortion. The literature labels these distortions "disparities" and divides them into three categories: price, value, and quantity. These distortions represent the empirically measurable effects of smuggling on the domestic economy. This paper makes the proposition that the "price disparity" distortion is the variable that empirical studies should examine …


Reality Or Illusion: The Importance Of Creaming On Job Placement Rates In Job Training Partnership Act Programs, Kathryn H. Anderson, Richard V. Burkhauser, Jennie E. Raymond Feb 1992

Reality Or Illusion: The Importance Of Creaming On Job Placement Rates In Job Training Partnership Act Programs, Kathryn H. Anderson, Richard V. Burkhauser, Jennie E. Raymond

Center for Policy Research

Critics of the Job Partnership Training Act of 1982 (JTPA) argue that most of its job placement success has been the result of the "creaming" of participants--that is, of serving individuals who are most employable at the expense of those most in need. Using a bivariate probit model of JTPA trainee selection and job placement success, this paper analyzes the selection of JTPA past recipients. It provides a first approximation of the importance of nonrandom selection on job placement rates. Creaming is found to take place within service delivery areas (SDAs), especially with respect to the avoidance of eligible high …


How People With Disabilities Fare When Public Policies Change--Past, Present, And Future, Richard V. Burkhauser, Robert H. Haveman, Barbara L. Wolfe Feb 1992

How People With Disabilities Fare When Public Policies Change--Past, Present, And Future, Richard V. Burkhauser, Robert H. Haveman, Barbara L. Wolfe

Center for Policy Research

In this paper the authors analyze the effects of two decades of federal disability policy and macroeconomic fluctuation on the well-being of men with disabilities. Their findings indicate that both have dramatically affected the economic well-being of people with disabilities both absolutely and relative to people without disabilities. Using data from the Current Population Survey (19681988) they find that by 1987 the households of white or well-educated male heads with disabilities had fully recovered from the program cuts and recession of the early 1980s. However, to a large extent this recovery was due to additional earnings by spouses. Alternatively, the …


Modeling Application For Disability Insurance As A Retirement Decision: A Hazard Model Approach Using Choice-Based Sampling, Richard V. Burkhauser, J.S. Butler, Yang Woo Kim, George A. Slotsve Feb 1992

Modeling Application For Disability Insurance As A Retirement Decision: A Hazard Model Approach Using Choice-Based Sampling, Richard V. Burkhauser, J.S. Butler, Yang Woo Kim, George A. Slotsve

Center for Policy Research

This paper models the decision to apply for Social Security Disability Insurance Benefitsas a special case of a more general dynamic retirement decision model. It uses a multi-state, continuous-time hazard to test the effect of policy variables on the speed at which workers applyfor benefits following the onset of a work limitation. Policy variables are found to matter. A higher expected replacement rate increases the risk of application. This effect is significant in asmall sample of the general population and in a sample which also includes a weighted choice-based sample of disability insurance applicants.


Earnings Losses Of Displaced Workers, Louis S. Jacobson, Robert J. Lalonde, Daniel G. Sullivan Feb 1992

Earnings Losses Of Displaced Workers, Louis S. Jacobson, Robert J. Lalonde, Daniel G. Sullivan

Upjohn Institute Working Papers

The 1990-1991 recession has intensified concerns about the consequences of workers' job losses. To estimate the magnitude and temporal pattern of displaced workers' earnings losses, we exploit an unusual administrative data set that includes both employees' quarterly earnings histories and information about their firms. We find that when high-tenure workers separate from distressed firms their long-term losses average 25 percent per year. Further, their losses mount even prior to separation, are not limited to workers in a few industrial sectors, and are substantial even for those who find new jobs in similar firms. This evidence suggests that displaced workers' earnings …


New Mexico Labor Market Review 01-31-1992, New Mexico Department Of Labor Jan 1992

New Mexico Labor Market Review 01-31-1992, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers December 1991.


Business And Economics Jan 1992

Business And Economics

Journal of the Minnesota Academy of Science

Abstracts of articles on business and economics.


Empirical Models Of Debt-Rescheduling With Sovereign Immunity, Robert B. Avery, Eric O'N. Fisher Jan 1992

Empirical Models Of Debt-Rescheduling With Sovereign Immunity, Robert B. Avery, Eric O'N. Fisher

Economics

The purpose of this chapter is to review the literature on empirical models of debt-rescheduling in international financial markets. The discussion focuses primarily on the statistical techniques that have been developed. These fall into two areas: discriminant-analysis and probabilistic-choice models. We also present other methods that might prove useful in future empirical research in this area. In particular, we discuss debt-rescheduling from the point of view of an explicitly dynamic economic analysis. This chapter is divided into three sections. In the first section, we review the applied literature on international debt-rescheduling. We focus primarily on empirical studies and give only …


Preference Reversal And The Independence Axiom, Dan Adelman Jan 1992

Preference Reversal And The Independence Axiom, Dan Adelman

Honors Papers

In his article "Dynamic Consistency and Non-Expected Utility Models of Choice Under Uncertainty," (Journal of Economic Literature, Dec. 1989), Mark Machina asserted that preference reversal (PR) is caused by a violation of the independence axiom. Amos Tversky, Paul Slovic, and Daniel Kahneman submit, however, that "Observed preference reversal ... cannot be adequately explained by violations of independence...." This paper tests these claims by breaking the independence axiom into its two component parts: mixture and replacement separability.


Capturing The Effects Of Capital Subsidies, David Lim Jan 1992

Capturing The Effects Of Capital Subsidies, David Lim

Support & Other Units (THEi)

Most developing countries provide fiscal incentives to encourage domestic and foreign investment. This study shows that these schemes subsidise significantly the use of capital and produce greater capital intensity in Malaysian manufacturing. These results were obtained by conducting the analysis at the establishment level, which avoids the artificial aggregation of establishments with different production structures into an industry‐group and having to choose an appropriate weighting system in the aggregation process.