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Profit Sharing: Does It Make A Difference?: The Productivity And Stability Effects Of Employee Profit-Sharing Plans, Douglas L. Kruse

Upjohn Press

Kruse details the reasons profit sharing plans are implemented and the systemic factors within firms, particularly in relation to unions, that influence whether or not they are successful. Presented is evidence based on a unique database developed from 500 public U.S. firms - matched to firm performance over the period of 1979-1991 - on the two central theories related to profit sharing: 1) The Productivity Theory, and 2) the Stability Theory

The Economic Value Of Water Recreation In Minnesota, Raymond L. Raab, Donald N. Steinnes

Journal of the Minnesota Academy of Science

In recent years, increased demands for water for competing uses created a need for establishing a systematic water resource management policy. Knowledge of the value of benefits of water in its various uses is necessary for allocation decisions because this resource is in the public domain. This paper discusses several non-market methods of imputing the economic value of water, particularly recreational water use. Using Minnesota Department of Natural Resources (DNR) data, two alternative techniques for measuring value ~re evaluated and compared. These methods are used to provide empirical estimates of the recreational value that people place on Minnesota's water resources. …

A Study Of Childcare Issues Affecting The Nursing Profession In A Major Southwestern City, James Keith Blake

Masters Culminating Experiences (1993-2011)

As more women enter the work force, there is an increased need for adequate childcare. There are many potential benefits to employers when employees are satisfied with quality of care their children are receiving. Some employers have opted to provide some form of childcare assistance, ranging from simple referral services to on-site childcare facilities.

The need for childcare is especially prominent in the healthcare profession, given the predominance of women in nursing and the need for nurses on all shifts.

This study was designed to explore job satisfaction and childcare issues among nursing and healthcare professionals. The study was undertaken …

The Costs Of Worker Dislocation, Louis S. Jacobson, Robert J. Lalonde, Daniel G. Sullivan

Upjohn Press

The authors use findings from this study, in conjunction with their comprehensive interpretation of existing worker dislocation literature, to develop policy recommendations concerning prevailing and potential assistance programs. They conclude by proposing that any new policies designed to compensate dislocated workers should target those suffering the greatest losses while providing incentives to take new jobs - even if lower paying - as soon as possible. Programs which allow dislocated workers to receive compensation after regaining employment (modified earnings subsidies) are promoted as practical and financially feasible.

Foreign Debt Rescheduling And Private Investment In Ldcs, Zeeshan Hasan

Honors Papers

This paper attempts to investigate the relationship between foreign debt and repayment problems on investment behavior in Less Developed Countries (LDCs). It is primarily motivated by earlier studies which have found empirical evidence of such a relationship, but did not attempt to incorporate it into a theoretical model which could shed light on the functioning of developing macroeconomies. An effort will be made to address this possibility by modeling the determinants of private investment in LDCs in a way that will allow an examination of the effects of high external debt and repayment problems on private investment. This will be …

Comment On "Losers And Winners In Economic Growth" By Barro And Lee, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

I am delighted to be a discussant of the paper by Robert Barro and Jong-Wha Lee. A whole endogenous growth industry has taken shape in the past several years, and Barro's contribution to this industry is both impressive and valuable. I would regard this latest paper as a continuation of the quest for enhancing our understanding as to why some countries grow faster than others. As a policy economist working on Africa, an area that has both grown less rapidly than other developing regions and has a disproportionate share of slowgrowing countries, I am particularly attracted to the line of …

Assorted Non Shaikh 8, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Revolution, Issue 62 (Spring 1992)

• Covert Action Information Bulletin, No. 34 (Summer 1990)

• Samuelson, P., & Modigliani, F. (1966). Reply to Pasinetti and Robinson. Review of Economic Studies, 33(4)

• Davidson, P. (1996). The viability of Keynesian demand management in an open economy context. International Review of Applied Economics

• Thirlwall, A. P. (1993). The renaissance of Keynesian economics. Banca Nazionale del Lavoro Quarterly Review, 186, 327

• Cripps, F., & Fetherston, M. (1977). The role of monetary policy in economic management. Economic Policy Review, 3

• Duménil, G., & Lévy, D. (1990). Post-depression trends in the …

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The Imf And The South: The Social Impact Of Crisis And Adjustment, By D. Ghai, Zaki Eusufzai

Economics Faculty Works

No abstract provided.

Pension Policy For A Mobile Labor Force, John A. Turner, Tabitha A. Doescher, Phyllis A. Fernandez

Upjohn Press

Employers often create a conflict between job mobility and retirement security when they deny future pension benefits to workers who quit a job before reaching retirement age. Unfortunately, this deterrent to job-changing inhibits the labor market's ability to adjust. It also means workers may be unprepared financially upon retirement. Turner describes why pension losses are such a significant problem and presents empirical evidence as to the number of workers affected and the amount of losses they incur. He also probes pension portability policy options and looks at portability options in effect in Canada, Japan, the Netherlands, and the United Kingdom.

An Empirical Analysis Of The Recent Decline Of Union Membership In The United States, Mojgan Tajbakhsh Izadi

Masters Theses

The union membership in the United States has declined since 1970 and reached less than 14 percent of labor force in 1989. A number of studies have been conducted to examine the causes of decline in union membership. Among researchers nearly all believed that structural change in the United States economy plays an important role. The theories of managerial opposition and substitution of government and employers for unions were also supported by many researchers. This study examined the effect of the number of female and part-time workers from the labor force as a measure for structural change in the economy. …

Capital Flight And Exchange Restrictions, Kazi Zhain S. Hasan

Honors Papers

Many less-industrialized countries (LIC's) maintain exchange restrictions in order to ration foreign exchange. This is the only way to support an overvalued domestic currency without exhausting foreign exchange reserves. Such rationing allows authorities to restrict unwanted imports (generally speaking, any imports which compete with domestic industries), and also to monitor foreign investments. But some investment flows can be hidden from this monitoring system, just as the trade in smuggled goods is hidden. Foreign investments can be purchased with foreign currency acquired without the knowledge of domestic monetary authorities- for example, foreign currency purchased on a black market, or export receipts …

New Mexico Labor Market Review 12-31-1992, New Mexico Department Of Labor

Historic Publications

No abstract provided.

Intergovernmental Competition, Voice And Exit Options And The Design Of Fiscal Structure, Michael L. Marlow

Economics

Taxpayers may reveal their assessment of policy through exercise of available voice and exit options within the fiscal constitution. The voice option is utilized when taxpayers remain within political boundaries and attempt to communicate their assessments regarding the institutionalstatus quo to policymakers. Exercise of the exit option occurs when taxpayers signal discontent with thestatus quo by purchasing from another government supplier. This paper discusses and contrasts theconventional andconstitutional economics views toward fiscal design and argues that a major difference exists regarding the issue of who should be awarded primary responsibility in the policy process: taxpayers or policymakers? Because voice and …

The Importance Of Employer Accommodation On The Job Duration Of Workers With Disabilities: A Hazard Model Approach, Richard V. Burkhauser, J.S. Butler, Yang Woo Kim

Center for Policy Research

In line with policies long in place in Western Europe, United States disability policy is now attempting to intervene directly in the labor market to increase the employment of people with disabilities. Beginning in July, 1992, the Americans with Disabilities Act of 1990 required employers to provide reasonable accommodation to workers with disabilities. Here we use a continuous time hazard model on retrospective data from the 1978 Social Security Survey of Disability and Work to estimate the effect of employer accommodation on the subsequent job tenure of workers who suffer a work limiting health impairment. We show that the risk …

Vol. 15 No. 4 (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 …

The Role Of Central Banks In Capital Market Development: The Nigerian Experience., Alhaji A. Ahmed

Bullion

Central banks, especially in Third World countries, play a major role in the growth and development process. Although the structures, functions and powers of central bank vary from country to country, depending on the economic, political, social and other environmental realities prevailing in society, the primary role of any central bank is the promotion of monetary stability and a sound financial system. In performing this role, a central bank necessarily undertakes some functions which include the issue of legal tender currency, maintenance of the value of the national currency, enhancement of funds mobilization, facilitation of competitive efficiency among banks and …

Access To Credit: The Case For Rural Women., E. B. I. Oladunni

Bullion

The alleviation of poverty has generally been the cornerstone of economic policy in Nigeria. Past policies have been pursued with the sole objective of improving the living standards of the people through enhanced income and generation of employment opportunities. Despite all machineries put in place, most of the women folk have not benefited because of some endemic socio-cultural problems affecting the women. This paper highlights the need for credit, conditions for attracting credit especially for rural women and the policies that can provide the right atmosphere for access to credit by rural women for sustainable development.

Vol. 15 No. 4 (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 …

Book Review: Eisenhower And The Management Of Prosperity By John W. Sloan, Ann Mari May

Department of Economics: Faculty Publications

Twenty-five years ago, Dwight Eisenhower was often depicted as a president with no great competence nor interest in economics or domestic policy issues. However, as those interested in presidential studies know, Eisenhower has been posthumously rehabilitated.

The revisionist literature on Eisenhower is now becoming complete, and John Sloan's book Eisenhower and the Management of Prosperity reflects this revisionism by examining economic policy formation in the 1950s. In Sloan's book, we see an Eisenhower who was not only competent in economics, but was also very aware of the political ramifications of economic policy. We also see in Eisenhower's leadership style a …

Child Care And The Employment Behavior Of Single And Married Mothers, Jean Kimmel

Upjohn Institute Working Papers

This paper examines the relationship between the cost of child care and the employment behavior of married and single mothers. The data used in this paper are from the 1987 SIPP, the first SIPP panel to utilize an improved probing of child care usage and expenditures. A primary contribution of this paper stems from the use of these improved child care data. A second contribution is to provide a clear comparison between single mothers and married mothers. A third contribution of this paper is its detailed discussion of participation elasticities, with a comparison of elasticities derived from different measures of …

Socially Efficient Control Of Carcinogen Emissions From Open Top Vapor Cleaners In Lndiana, Robert S. Main

Scholarship and Professional Work - Business

Robert Main's contribution to the Indiana Academy of the Social Sciences Proceedings, 1995.

Consumption Tax Can Bring Back Thrifty American, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

“Consumption Tax Can Bring Back Thrifty American,” The Wall Street Journal, Wed. Oct. 7, 1992.

Sustained Growth In The Model Of Overlapping Generations, Eric O'N. Fisher

Economics

This paper analyzes endogenous economic growth in the model of overlapping generations. There is no bequest motive, nor are there any externalities. If the technology is convex, per capita growth can occur only if the economy has at least two sectors. This paper shows that the limiting marginal efficiency of investment determines the potential for growth and that the rate of growth depends upon the share of the capital stock devoted to investment. Sustained consumption growth can occur only under a fairly restrictive set of assumptions. There is an equilibrium with growth only if the marginal propensity to save is …

A Model Of The Link Between The Fiscal System And Singapore's Central Provident Fund In General Equilibrium, Hian Teck Hoon, Kai Lin Teo

Research Collection School Of Economics

This paper demonstrates a channel through which the fiscal system interacts with the choice of CPF contribution rates to affect total savings, and hence, capital accumulation and the current account. It is shown that in the presence of a wage income tax, raising either the employee's or employer's contribution rates raises the total private earnings. On the other hand, in the presence of a capital income tax, raising the employee's or employer's contribution rates lowers total private savings. However, when we introduce a productive role for government spending, we show that an increase in CPF contribution rates under a balances …

New Mexico Labor Market Review 09-30-1992, 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 August 1992.

Consumption Taxes Belong On The Agenda, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

This is a typed paper prepared by Minsky for submission to The Wall Street Journal.

Deregulation And Trade Liberalization: The Indonesian Experience, Scott Fausti, Rony Bishry

Economics Staff Paper Series (1969 - 2017)

From 1950 to 1965, Indonesia followed an import substitution industrialization development strategy. From 1966 to the present, Indonesia has moved toward an export oriented development strategy. This paper tests the predictions of the Heckscher-Ohlin-Samuelson(HOS) model of international trade by comparing Indonesia's economic performance under two contrasting development strategies. The paper concludes that Indonesia• s economic performance under the opposing development strategies supports the predictions of the HOS model. Furthermore, the Indonesian experience under the two development strategies supports the "trade as an engine of growth" hypothesis.

The Cost Of Home Ownership In Vermont, 1975-1990, Arthur G. Woolf

New England Journal of Public Policy

Housing prices in Vermont, like those in the other New England states, shot up dramatically during the economic boom of the 1980s. This article investigates the causes of that price increase and focuses on the cost of home ownership in Vermont in the years 1975 to 1990. Cost of home ownership is defined as the percentage of family income needed to finance an average-price home. Although prices skyrocketed during the 1980s, the actual cost of home ownership as a percentage of income was about 15 percent greater in 1990 than it was during the mid-1970s. Housing price increases are expected …

The Effect Of Uncertainty On A Joint Product Model Of Smuggling, Scott Fausti

Economics Staff Paper Series (1969 - 2017)

Extending the seminal work of Bhagwati and Hansen (1973) on smuggling, Pitt (1981) developed a new approach to investigate the welfare effect of smuggling. This paper develops an extension of Pitt's original model which allows many of the interesting features of the Bhagwati and Hansen model to be revaluated within a joint product model of smuggling framework. The extension is made through the following modifications to Pitt's assumptions: 1) firms that export are free to engage in joint product smuggling or strictly legal trade; and 2) uncertainty is introduced into the model via active government enforcement. The modifications enable the …

Talking Economics In Tahitian: A Few Comments, Jean-François Baré

Pacific Studies

No abstract provided.