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Economic Performance, Voting, And Political Support: A Unified Approach, Henry W. Chappell Jr.

Faculty Publications

A presidential vote function and a presidential approval ratings function are jointly estimated for U.S. post-war observations. The estimation technique treats the two equations as seemingly unrelated regressions with unequal numbers of observations. Cross-equation restrictions implying that voters and poll respondents use identical standards in judging the economic performance of incumbents are imposed and tested. Estimates show that both votes and approval ratings are influenced by GNP growth and inflation. The results suggest that poll respondents are more inflation averse than voters; however, tests of this hypothesis are not conclusive.

New Mexico Labor Market Review 04-30-1990, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review was prepared by the New Mexico Department of Labor in cooperation with U.S. Bureau of Labor Statistics for March of 1990. It is a report on the state's employment and economic activity.

Estimating The Risk Of Third World Debt, Jane Chadesh '90

Honors Projects

In August 1982, Mexico announced that it was unable to meet its debt obligations then falling due. Since this announcement more than 40 countries have been forced to reschedule on debt owed to commercial banks. Commercial banks have been criticized for blindly providing the lesser developed countries (LDCs) more credit and exposing themselves to more and more risk. For example, six months prior to Mexico's announcement that it could not meet its debt obligations, Mexico had been granted 6.4 billion dollars in new loans to make a total of 84 billion dollars in loans that needed to be rescheduled. If …

Review Of: The Debt And The Deficit: False Alarms/Real Possibilities, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Review by Minsky of The Debt and the Deficit: False Alarms/Real Possibilities, by Robert Heilbroner and Peter Bernstein, New York and London, Norton, 1989.

The review appeared in the Journal of Economic Literature, Vol. XXVIII, No. 3, Sept. 1990, pages 1221-1222.

Also given here are:

-- notes on the book prior to final review

-- a draft of the review

-- the review as it appeared in the journal.

The Guaranteed Minimum Price And Price Stabilization In The Wheat Market, Therese L. Soullier

Economics Theses & Dissertations

The government of the United States offers a guaranteed minimum price per bushel to farmers in return for a reduction in acreage planted. Through this program, the government attempts to control the supply of wheat and stabilize the price of wheat. There is growing debate in the United States as to the effectiveness and prudence of the current program.

This thesis will examine the effectiveness of the guaranteed minimum price program, using the two-stage least squares procedure to examine a demand and supply model. The study will look at the relative stability of the price of wheat and how and …

Linear And Nonlinear Appraisal Models, Billie Ann Brotman

Faculty Articles

In this article, the author uses nonlinear models to forecast the value of four important housing characteristics. The article explains, for example, that each additional bedroom does not add a set incremental dollar figure to the value of a house. The results suggest that nonlinear models predict housing values better than linear ones.

Cooter And Rappoport On The Normative, John B. Davis

Economics Faculty Research and Publications

In a recent examination of the origins of ordinal utility theory in neoclassical economics, Robert D. Cooter and Peter Rappoport argue that the ordinalist revolution of the 1930s, after which most economists abandoned interpersonal utility comparisons as normative and unscientific, constituted neither unambiguous progress in economic science nor the abandonment of normative theorizing, as many economists and historians of economic thought have generally believed (Cooter and Rappoport, 1984). Rather, the widespread acceptance of ordinalism, with its focus on Pareto optimality, simply represented the emergence of a new neoclassical research agenda that, on the one hand, defined economics differently than had …

Review Of Money, History, And International Finance: Essays In Honor Of Anna J. Schwartz By Michael D. Bordo, Abdur Chowdhury

Economics Faculty Research and Publications

No abstract provided.

New Mexico Labor Market Review 03-31-1990, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review was prepared by the New Mexico Department of Labor in cooperation with U.S. Bureau of Labor Statistics for February of 1990. It is a report on the state's employment and economic activity.

Editor's Note, Dawn-Marie Driscoll

New England Journal of Public Policy

This issue of the New England Journal of Public Policy had many beginnings and, like most efforts in which a theme is slowly resolved, probably should not have an ending.

The discussion of this theme started several years ago when a group of senior Boston businesswomen talked about the need and value of meeting on a semi-regular basis. Their purpose would be to focus discussions on a narrow but important issue — the economic advancement of women.

The criteria for these informal meetings quickly fell into place. All the women who comprised the group would be drawn from within the …

Issues In The Corporate Workplace, Carol R. Goldberg, Aileen P. Gorman, Kathleen B. Hansen

New England Journal of Public Policy

Workforce supply and demand has catapulted "women's issues" to the forefront of the business agenda. These issues will continue to be the poor stepsisters of other corporate needs, however, unless they are recognized as broad-based workforce issues of the 1990s. The dynamics of women's entrance into the labor market have dramatically changed the structure of the family and consequently the needs of both men and women in the business community. The corporate challenge for the next decade will be to solve creatively the work/family puzzle and establish an environment that supports the full utilization of women in business.

Women, Power, And Partnership, Elizabeth Graham Cook

New England Journal of Public Policy

As women in a community move into senior positions from which they can influence the economic advancement of women at all levels, commentators have examined factors contributing to their advancement. This article outlines data about the Women's Economic Forum, a Boston group formed in 1985. The degree to which interdependence or "partnership" is a positive element in achieving the group's objectives suggests that other communities could adopt the WEF model.

Women And Money: Getting Money And Using It, Sheryl R. Marshall

New England Journal of Public Policy

The author of this article has spent her career in the world of finance. Here she examines the way women make economic decisions. The article centers on attitudes concerning women, money, and financial independence; the availability or lack of capital for women who want to start businesses; and a strategy for using their economic clout to forward the agenda of the economic empowerment of women.

Foreword, Rosabeth Moss Kanter

New England Journal of Public Policy

Two significant facts are apparent from reading this volume. First, the authors are themselves examples of women overcoming barriers, breaking into formerly all-male domains, succeeding against the odds, and exercising economic, political, and educational leadership — on behalf of other women as well as on behalf of the institutions they serve. Thus their own lives are eloquent rebuke to anyone who still thinks that women cannot manage effectively in any realm, or that women must always take second place to men, or that family responsibilities make women less serious about public responsibilities, or that women fail to help one another; …

Moving In The Economic Mainstream, Brunetta R. Wolfman

New England Journal of Public Policy

The requirements for economic mobility in a postindustrial society present many barriers for low-income women. Social policy and program goals for improving their opportunities should focus on educational, training, and entrepreneurial activities using individualized assessment, counseling, and academic and occupational advisers. Social consensus needs to be achieved in order to establish viable programs that address women's total needs rather than approaching the problem with fragmented, uncoordinated solutions.

Providing Access To Power: The Role Of Higher Education In Empowering Women Students, Margaret A. Mckenna

New England Journal of Public Policy

Access to education opens the doors to future economic power — but are opportunities for women limited by the very way that institutions of higher education think about women students? Women comprise the majority of college students today, but the institutions they attend may not be serving their educational needs. This article explains that women's needs are different from those of men and illustrates how educators can respond to that difference, offering a "feminist environment" in which female students can meet their own educational goals.

The Third Stage: An Economic Strategy, Dawn-Marie Driscoll

New England Journal of Public Policy

If the first stage of the women's movement raised consciousness, changed statutes, and proposed the Equal Rights Amendment, and the second stage broadened the debate to include family, workplace, and societal issues, the third stage may focus simply on giving women economic power and independence. Issues for women in the 1990s will center on economics; this article suggests strategies for achieving these goals.

Alcoholism: A Barrier To Empowerment For Women, Marion Brink

New England Journal of Public Policy

Women's increasing economic power has encouraged the promotion of their drinking as fashionable. However, women are more vulnerable to the impact of alcohol, and the stigma attached to alcoholism is greater for them than it is for men. As a consequence, a woman — and those around her — will deny her alcoholism until she has lost much more than her male counterparts. When, or if, she seeks help for this devastating disease, she finds a lack of woman-specific programs and facilities. This article notes the barriers to recovery for women and offers some suggestions for breaking them down. Two …

Not By Numbers Alone: A New Decade For Women In The Law, Margaret H. Marshall

New England Journal of Public Policy

There has been a dramatic increase in both the percentage and the numbers of women who have entered the legal profession in the last fifteen years, but women have not penetrated its higher echelons — partnerships in law firms, general counsel of corporations, and chiefs of government bureaus — in the same percentage that those advances should be reflecting. While entry-level salaries may be equal for male and female attorneys, are women in the legal world discovering the same glass ceilings and barriers to entry at these top levels of economic empowerment that their corporate counterparts have experienced? The author …

Vol. 13 No. 2 (1990): 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. 13 No. 2 (1990): 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 Myth Of The Hollowed-Out Corporation, Murray L. Weidenbaum

Murray Weidenbaum Publications

This piece discusses the future of American manufacturing.

A Study Of Values And Managerial Practices, Po-Wen Chuang

Theses

The multinational corporations (MNCs) have been a major contributing factor to the rapid growth of the world economy since World War II. In recent years, multinational corporations are said to facilitate transfer of management techniques, thereby accelerating industrial growth, consumption, and a higher standard of living.

Research on multinational corporations has raised many issues, one of the most interesting issues being the transfer of technology within multinational corporations. Technology includes both the so called "hardware" technology such as capital labor ratio, product design and manufacturing methods, and "software" or managerial technology. Differences in managerial technology used by multinational corporations are …

Ua12/2/1 College Heights Herald, Vol. 65, No. 30, Wku Student Affairs

WKU Administration Documents

WKU campus newspaper reporting campus, athletic and Bowling Green, Kentucky news. This issue contains articles:

• Patrick, Kelli. Housing Plan Out; We Have a Voice
• Summers, Kaye. Dolls Mirror Past of New International Counselor – Ann Stathos
• Bricking, Tanya. Officials Confident Wallace Wilkinson’s Pledge Will Pan Out
• College Enrollments Rise 4 Percent by 2000
• Flu Relief is Just a Call Away
• Interorganizational Council to Elect Officer Tomorrow
• Minority Institute for Seniors Announced
• Western Chamber Band’s Recording of Song Heard at Cotton Bowl
• Bricking, Tanya & Laura Howard. Western Buys Spot for Center – Institute for Economic Development
• Wessling, Susan. 22 Chinese …

Economic Linkages: Greater Minnesota And The Twin Cities, Kathy Novak

Journal of the Minnesota Academy of Science

No abstract provided.

Remarks Prepared For Delivery To The Journal Of Commerce And The National Foreign Trade Council's Uruguay Round Conference By Secretary Of Agriculture Clayton Yeutier, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

It is time to quit pretending that supply management works as a farm income enhancement program. It may in the short run; it doesn't in the long run. It is time to stop pretending that protectionist trade policies help America's agriculture. They may in the short run; they don't in the long run.

Socialism In Transition 1990-91, Department Of Economics

Werner Sichel Lecture Series

"Socialism in Transition" is the twenty-seventh Annual Public Lecture Series organized by the Department of Economics at Western Michigan University. This year's series is directed by Dr. William S. Kern of the WMU Economics Department, and is co-sponsored by the W. E. Upjohn Institute for Employment Research. All lectures are open to the public and no admission is charged. A question and answer session follows each lecture.

Utility Function And Fiscal Illusion From Grants, Yeung-Nan Shieh, J. P. O'Brien

Faculty Publications

No abstract provided.

High Octane: A Primer On The Economics Of The Energy Crisis, 1990, Don P. Diffine Ph.D.

Belden Center Monographs

No abstract provided.

The Garnaut Report: An Overview, David Lim

Support & Other Units (THEi)

The Gaunaut Report analyses the process of economic change in Northeast Asia and assesses the implication of this on Australia. It is an important report because of what it says, when it is said, and how it is said. Its findings are neither new nor surprising for those who have been studying Northeast Asian economic development and Australia-Asia relations. But they are nevertheless important findings and presented as they are now and in a report to the Prime Minister and the Minister for Foreign Affairs and Trade by someone who was the former's trusted chief economic adviser and the latter's …