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On The Decomposition Of Wage Differentials, Jeremiah Cotton

Economics Faculty Publication Series

The often used method for decomposing wage differentials into human capital and discrimination components is reformulated so that both the disadvantage, or "cost," discrimination imposes on a black or minority wage earner and the advantage, or "benefit," it bestows on a white or majority wage earner can be estimated.

Economic Feasibility Of Assembling Grade-A Milk By Protein Content, W. Stephen Lei

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This thesis consisted of two computerized simulations of assembling milk from dairy farms and distributing it to milk plants, using TRUCKSTOPS, a commercial truck routing computer program. In the first simulation milk was assembled and delivered to the nearest available plant without regard to protein content, with the high-protein milk delivered to manufacturing plants. Doing so increased the fat and protein in milk delivered to manufacturing plants, and increased cheese production 2.6 percent. It also increased assembly costs and lowered fat and protein in milk delivered to fluid milk plants. The value of the extra cheese was less than the …

Are Corporate Takeovers In The Nation's Interest?, Ellen B. Magenheim

Economics Faculty Works

No abstract provided.

Changes In R&D Expenditure And Productivity Growth: A Causal Analysis, Mawdudur Rahman, Abdur Chowdhury

Economics Faculty Research and Publications

A study was conducted to directly test the presence of causal relationship between changes in research and development (R&D) expenditure and productivity growth. Granger causality tests are performed using annual time series data for the period 1956-1983. Three measures of productivity are used -- National Income, National Income per person employed, and National Income per hour of work in the nonresidential business sector. Results show that changes in R&D expenditure affect the growth rate of the 3 productivity measures with different degrees of intensity. National Income per hour of work shows the highest growth rate, with the peak effect occurring …

Fiscal Decentralization And Government Size, Michael L. Marlow

Economics

Numerous studies have attempted to model the possible factors contributing to universal growth in public sectors. This paper analyzes one device that appears capable of controlling some of that growth: fiscal decentralization. The results reported here also support the use of monopoly government assumptions in models of public policy. The author gratefully acknowledges the comments of Angelo R. Mascaro, Gordon Tullock and an anonymous referee. Views expressed here are of the author alone and do not necessarily represent those of the U.S. Department of Treasury.

Vol. 11 No. 2 (1988): 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 …

Vol. 11 No. 2 (1988): 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 …

The Relationship Between Social Work And Labor Unions: A History Of Strife And Cooperation, Shulamith Lala Ashenberg Straussner, Norma Kolko Phillips

The Journal of Sociology & Social Welfare

The historical relationship between social work and organized labor has been an ambivalent one, with fluctuations paralleling historical changes in social and political values. This paper examines the changing nature of the relationship, with emphasis on the period from the 1870s to the 1940s. While today's relationship is a mutually beneficial one, the fragile nature of the link between organized labor and the social work community cannot be ignored, particularly in light of the increasing involvement between social work and private industry

Welfare Workers As Surplus Population: A Useful Model?, Paula Dressel, Mike Sweat, Michelle Waters

The Journal of Sociology & Social Welfare

Analysts of organizational and employment issues in social welfare are in need of a more critical orientation for framing debate. We propose that an understanding of welfare workers as surplus population offers critical insights into a number of longstanding welfare concerns, including political coalitions, professional standards, and worker burnout. Empirical evidence is presented to undergird the credibility of the surplus population argument.

The Change In Factors Affecting Physician Choice Of Practice Location: A Comparison Of Younger And Older Rural And Metropolitan Physicians, Theodore M. Breu

Journal of the Minnesota Academy of Science

This study uses multiple discriminant analysis to derive the factors that physicians deem important in their decisions about where to locate their medical practices. Older physicians are compared to younger physicians both within rural areas and within metropolitan areas. Three of the top four discriminating variables for the youngest doctors were influence of the preceptorship period, preference of the spouse, and the repayment of a forgiveness loan. For the oldest group of doctors, two of the top three discriminating variables were the opportunity to join a desirable two-person partnership, and the perception of a high medical need in the area.

The Currency Of The Word: Communications, War And Revolution In The Formation Of The Nation-State, 1608-1655, Milton L. Mueller

School of Information Studies - Faculty Scholarship

An original and provocative analysis of the role of communications in the Thirty Years War and the English Revolution of 1640-1649. The years covered by the book saw the first printed new periodicals, the opening of the royal postal system to public correspondence, the monopolization of the posts by the state, and the exploitation of this communications infrastructure for surveillance and news purposes by the emerging territorial state. The book argues that all these developments were related aspects in the emergence of a currency of the word, a change in the temporal status of literate media. Printed commentary now flowed …

Count-Down To November 1988, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

The main download here is a longer version of the article. This was intended for the publication, Mondoperaio. Also available here is a shorter version of the article, intended for publication in the St. Louis Journalism Review, and a cover letter written by Minsky and sent to Mr. David Moberg of In These Times.

Aids And New England Hospitals, Jesse Green, Neil Wintfeld, Madeleine Singer, Kevin Schulman

New England Journal of Public Policy

The Centers for Disease Control projects that nine thousand persons with AIDS will be alive in New England in 1991, representing a sevenfold increase from 1986. Our analysis indicates that more than 2 percent of medical/surgical beds in New England will be used for AIDS care by 1991, representing 766 fully occupied hospital beds. The direct cost of providing hospital care to New England's AIDS patients is projected to be $195.2 million in 1991, reflecting 3 percent of all hospital inpatient costs in the region.

AIDS treatment is very unevenly distributed among hospitals in New England. Just twenty hospitals (8 …

'Small Profits': Strukturmerkmale Und Entwicklungsprobleme Der Urbanen Individualwirtschaft In Der Vr China, Wolfgang Jamann, Thomas Menkhoff

Research Collection Lee Kong Chian School Of Business

This article intends to analyse recent structural patterns, development problems and the reasons for rehabilitation of the urban private economy in the People’s Republic of China since 1978. The authors start from the thesis that the so-called “private sector” in China is not comparable with its “out”-differentiated counterpart in Western industrial countries, but is interlaced, in a complex way, with informal, partly illegitimate activities, interpersonal relation-networks (“guanxi”) or economic transactions of state/collective factories. The article illustrates the subordinate situation of the individual labourers in terms of their political regulation by (sometimes restrictive) licence procedures, taxes and fees; resource supply problems …

Microfoundations - Business, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Kurz, H. D. (1986). ‘Normal’ positions and capital utilisation. Political Economy, off-print. Unpublished manuscript.

• Betancourt, R. (1987). Capital utilization. In J. Eatwell, M. Milgate, & P. Newman (Eds.), The New Palgrave: A dictionary of economics (pp. XXX–XXX). London, UK: Macmillan.

• Winston, G. C. (1974, December). The theory of capital utilization and idleness. Journal of Economic Literature, 12(4), 1150–1167.

• Shaikh, A. (n.d.). Handwritten notes summarizing R. F. Harrod’s argument on imperfect competition from Economic essays (1952). Unpublished manuscript.

• Harrod, R. F. (1952). The law of decreasing costs. In Economic essays (pp. XXX–XXX). London, UK: Allen & …

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Illegal Aliens: Their Employment And Employers, Barry R. Chiswick

Upjohn Press

This study develops and tests hypotheses about the characteristics of the employment of illegal aliens, including wages, investments in job training, job mobility, and workplace and employer characteristics.

Are Acquiring Firm Shareholders Better Off After An Acquisition Than They Were Before?, Ellen B. Magenheim, D. C. Mueller

Economics Faculty Works

No abstract provided.

The Economic Value Of Water Resources: The Lake Bemidji Survey, Roderick Henry, Robert Ley, Patrick Welle

Journal of the Minnesota Academy of Science

No abstract provided.

Aspects Of Countertrade And Development, William Rieber

Scholarship and Professional Work - Business

Countertrade or international barter has enjoyed a flourish of activity during the 1980s. Some authors have suggested that countertrade is an effective development tool for third world countries and indeed represents the beginning of a rearrangement of the international economic order in favor of lesser developed. countries....On the other hand, others have suggested that countertrade is an aberration reflecting a misguided understanding of international trade and finance by LDC policymakers.

Medical Care Of Aids In New England: Costs And Implications, Stewart J. Landers, George R. Seage Iii

New England Journal of Public Policy

This article presents an overview of cost issues related to AIDS. Data from the Massachusetts Cost of AIDS Study are combined with epidemiological projections to estimate the cost of treating people diagnosed with AIDS in New England. Aggregate inpatient, ambulatory, and home care costs are estimated to be $96.9 million and $524.8 million through 1987 and 1991, respectively. These estimates represent a relatively small percentage of total health care costs for all illnesses over the same time period.

The authors find that the cost of treating AIDS does not affect all health care providers uniformly and therefore argue that appropriate …

The Infant Mortality-Fertility Debate: Some International Evidence, Abdur Chowdhury

Economics Faculty Research and Publications

No abstract provided.

Amnesty For State Tax Evaders: Lessons From The California Experience, Steven E. Crane, Farrokh Nourzad

Economics Faculty Research and Publications

No abstract provided.

Value-Added Per Worker, Capital Accumulation And Technical Progress In A Small, Open Economy: An Explanation, Hian Teck Hoon

Research Collection School Of Economics

Within the context of industrial restructuring, it is not uncommon to use terms, such as 'higher value-added per worker', or 'low or high value added activities', and 'high technology' industries. The present note attempts to use the theoretical work in the field of international trade to sharpen our understanding of the relationships among the concepts of value added per worker, capital accumulation, and technical progress. We show that for a large country, capital accumulation raises the real value added per worker in both industries. With neutral technical progress occurring in the L-intensive industry, it is possible for the terms of …

City Size, Quality Of Life, And The Urbanization Deflator Of The Gnp: 1910-1984, David E. Clark, James R. Kahn, Haim Ofek

Economics Faculty Research and Publications

No abstract provided.

Review Of "Casino Capitalism", Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A Review of: Susan Strange. Casino Capitalism. Oxford and New York, NY: Blackwell, 1986, pp. 1883-1885, Book Reviews, Journal of Economic Literature, Vol. XXV, Dec. 1987.

A General Survey Of The Experiences Of Some Less-Developed Countries (Ldcs) Under The Structural Adjustment Programme (Sap), O. J. Nnanna

Economic and Financial Review

This paper is a review of the impact of Structural Adjustment Programme (SAP) on the economies of ten less developed countries (LDCs). It analysed the performance of some selected macroeconomic variables both before and after SAP was adopted in the selected countries. Based on available data, the several and collective lesson of experience confirmed that the impact of SAP varied not only amongst countries, but also within the various sectors in the same economic entity. Overall, it may be concluded that the broad theoretical objective of SAP was achieved mainly on the external sectors of the countries surveyed, while it …

Takeovers And Stockholders: Winners And Losers, Murray L. Weidenbaum, Stephen Vogt

Murray Weidenbaum Publications

Corporate acquisitions normally cause negative returns for the shareholders of the acquiring firm. Targeted firm shareholders usually are the winners. The acquiring firms need to consider what is in the best interests for their shareholders when considering acquiring another firm.

What Is The Effect Of Random Variation In State Unemployment Rates?, Edward W. Hill

All Maxine Goodman Levin School of Urban Affairs Publications

Examines national Current Population Survey data to indicate the impact of sample size on the standard error of subpopulations in the sample and to show how these errors can influence policy conclusions. Examines the unemployment rate cross-sectionally for 11 states to demonstrate that the monthly unemployment rate should not be used to make fine distinctions between the states.

Recession - But Not Depression - In Offing, Part 2, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

One of the ongoing columns “The Economy from the Not-so Ivory Tower.”

Government Financial Policy And Capital, Dean D. Croushore

Economics Faculty Publications

Economists have long been concerned about the best way to finance government deficits. Finding the proper fiscal policy and monetary policy mix is a crucial decision. When government debt grows too fast, interest rates rise and capital is crowded out. If the money growth rate is excessive, inflation occurs.

The study of this issue at the theoretical level requires a model which incorporates the following features: (1) modeling money and bonds as endogenous financial assets, whose rates of return are determined in general equilibrium, (2) examination of the utility maxi mization decisions of individuals, so that welfare analysis of alternative …