Digital Commons Network^™

Monetary And Fiscal Impacts On Economic Activity In Bangladesh: A Note, Abdur Chowdhury

Economics Faculty Research and Publications

No abstract provided.

Clerical Employment And Technological Change: A Review Of Recent Trends And Projections, H. Allan Hunt, Timothy L. Hunt

Reports

No abstract provided.

Labor Supply Response To Welfare Programs: A Dynamic Analysis, David M. Blau, Philip K. Robins

Economics Articles and Papers

Previous static analyses of the work disincentive effects of welfare programs are extended to a dynamic context. Using a sample of continuous longitudinal labor market histories, estimates are derived for welfare-nonwelfare differences in labor market flows among the states of employment, unemployment, and nonparticipation. The estimates are used to identify the main sources of the lower employment and labor force participation rates and higher unemployment rate of welfare recipients. The findings indicate that welfare programs have substantial effects on virtually every labor market transition examined but that the primary source of the static work disincentive effect is slower entry into …

The Democrats Victory, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Handwritten, apparently intended for the St. Louis Journalism Review

All Democratic Party Needs Is To Implement Old Ideas, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

One of the ongoing columns "The Economy from the Not-So Ivory Tower."

Private Sector Shrinkage And The Growth Of Industrialized Economies, Michael L. Marlow

Economics

Industrialized nations have experienced growing public sectors over this century. Measured as a share of total product, growing absorptions of resources by governments have altered the private-public sector mixes of industrialized economies. As displayed in Table 1, the average level of the public sector's share of gross domestic product (GDP) has risen from .32 to .40 over 1960 to 1980, respectively. Much of public sector growth stems from a rapid acceleration in public outlays on social expenditure: The average ratio of social expenditure to GDP has risen from .14 to .24 over the same period.

East Malaysia In Malaysian Development Planning, David Lim

Support & Other Units (THEi)

Malaysia consists of Peninsular Malaysia and the two East Malaysian states of Sabah and Sarawak. Development planning in Peninsular Malaysia began as early as 1950, while the first plan for the whole of the Malaysian federation founded in 1963 was published in 1966. Have the two East Malaysian states been integrated properly into the various Malaysian plans? Or have they, with their somewhat different economic, political and social backgrounds, been treated as a nuisance element and appeared in the plans only as an afterthought? In any case, is the planning experience of Peninsular Malaysia relevant for solving the problems of …

Relative Price Changes And Exchange Rate Determination With Slow Price Adjustment: An Empirical Analysis, Clas Wihlborg, Madelyn Antoncic

Business Faculty Articles and Research

The general purpose of this paper is to analyze empirically sectoral price adjustment in the exchange rate adjustment process. Relative price changes may occur within a sector between countries, and within a country between sectors. Our main objective is to test the hypothesis that both kinds of relative price changes occur in the adjustment process to disturbances in money demand and supply. In particular, we expect that the relative prices among goods of different "tradedness"--ranging from perfectly traded to non-traded goods--are affected by such disturbances. Our second objective is to test empirically whether the nature of exchange rate adjustment is …

Major Themes In Economics, V.2, 1986, Katsuyuki Ohbayashi, Eric Nielsen, Katherine Calhoun, Neal Jon Hoffman

Major Themes in Economics (Original Series, 1985-1986)

Table of Contents:

• Investing in the Hotel Business in China - Katsuyuki Ohbayashi ... p.1
• Diagnostic Related Groups: Dirty Rotten Guys or Dynamic Reduction in Government Expenditures - Eric Nielsen ... p.10
• Where's the Beef in Japan? Or, Why Isn't Japan Importing More U.S. Beef? - Katherine Calhoun ... p.23
• Book Review: The Theory of the Leisure Class, by Thorstein Veblen - Neal Jon Hoffman ... p.38

Essays On Legal And Illegal Immigration, Susan Pozo Editor

Upjohn Press

Immigration is an issue drawing increased attention among policymakers and citizens. These essays provide an economic perspective to the effects of immigration on the labor markets in the United States.

Rhode Island: The Defeat Of The Greenhouse Compact, Ira Magaziner

New England Journal of Public Policy

Rhode Island has not shared equally in New England's economic resurgence of recent years. A major reevaluation of the state's economic malaise in 1982-84 resulted in a $250 million program called the Greenhouse Compact to improve business in the state. Initially supported in polls by a two-to-one margin, the Compact was defeated overwhelmingly when it went to a statewide referendum. The timing of the referendum and mistakes in the public relations strategy and in the structure of the Compact all played a role in the outcome, but post-election polls showed that defeat, based on a massive shift of undecided voters, …

St. Johns River Streamboats, Edward A. Mueller

Books

This book features the history of steamboats on the St. John's River, events related to steamboats, landings, and the vessels themselves.

Studies In Brownsville History, Milo Kearney

Studies in Rio Grande Valley Regional History Series

Annotated Bibliography of the History of Brownsville and the Adjacent Area / George R. Gause, Jr. -- The Coahuiltecan legacy of South Texas / Roberto M. Salmon and Juanita Elizondo Garza -- Cihuacoatl is alive and well in Brownsville / George K. Green -- The Valley’s first settlers / told by San Juanita Vela de Lozano to Peter Gawenda -- The watermaidens / told by ‘Jefe’ in the Market Square barbershop, written down by Peter Gawenda -- The Indian maidens / told by Felipe Lozano recorded by Peter Gawenda -- Brownsville’s Santanderino strain / Milo Kearney -- Steamboats on the …

Joint Production Conference, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Steedman, Ian. 1975. Positive profits with negative surplus value. Economic Journal, volume 85, issue 337. London: Macmillan Journals for the Royal Economic Society. The photocopy in this folder includes an apparent duplicate of the article's concluding page bound ahead of the main text.
• Anwar Shaikh, PhD. Handwritten bibliographic reference notes on productivity, national-income accounting, and related economics literature. Unpublished notes, undated, listing citations to works including pieces in the National Tax Journal, Monthly Labor Review, the Journal of Accounting Research, the Review of Income and Wealth, the Oxford Economic Papers, and the Brookings Papers on Economic Activity. …

Eco 205 Schemes Of Reproduction, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Shaikh, A., PhD. (1979, Spring). Schemes of reproduction [Handwritten notes for Eco 205, including Section IV.1 on metamorphoses of capital and their circuits; unpublished manuscript].

• Shaikh, A., PhD. (1986, October 7). Schemes of reprod.: Visual presentation [Handwritten notes for Eco 205; unpublished manuscript].

• Shaikh, A., PhD. (1983, December 8). Use-values, value, & price in schemes of reprod. [Handwritten notes; unpublished manuscript].

• Shaikh, A., PhD. (1986, October). Schemes of reprod. [Sketches for Eco 205; unpublished manuscript].

• Shaikh, A., PhD. (1979, October). Schemes of reproduction & forms of value [Typed tables, including corrected and …

Monetary Policy, Fiscal Policy, And Investment Spending: An Empirical Analysis, Abdur Chowdhury, James S. Fackler, W. Douglas Mcmillin

Economics Faculty Research and Publications

No abstract provided.

The Significance Of Recent Developments In The Philosophical Analysis Of Reference For Neoclassical Economics, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

Tax Rate Changes, Interest Rate Volatility, And The Decline In Velocity, 1981-1983, James Mcgibany, Farrokh Nourzad

Economics Faculty Research and Publications

One of the most puzzling economic events in the U.S. during this decade has been the dramatic decline in the growth rate of the income velocity of money. From the fourth quarter of 1981 to the second quarter of 1983, the velocity growth rate fell by nearly 4% as opposed to its 3% trend growth rate. Traditional models have been unable to fully capture this unusual behavior of velocity, over predicting its rate of growth. The present study is concerned with this over prediction problem and attempts to more accurately explain the decline in the velocity growth rate in the …

Contributions Of Empirical Data To Legal Research, Julius G. Getman

Journal of Legal Education

No abstract provided.

Identification By Disaggregation, Matthew J. Cushing, Mary G. Mcgarvey

Department of Economics: Faculty Publications

Standard economic theory predicts that the actions of individual participants in competitive markets have negligible effects on market-determined aggregates. Applied researchers, and even some econometric textbooks, incorrectly infer from this that market prices can be modeled as econometrically exogenous with respect to the quantity demanded of an individual consumer. This faulty inference has even led some researchers (for example, Robert Engle, 1978; Nicholas Kiefer, 1984; Roger Waud, 1974) to employ an estimation strategy we call identification by disaggregation (IBD). This procedure attempts to circumvent the simultaneity problem in a macro regression by disaggregating the dependent variable and estimating the relationship …

The Evolution Of Financial Institutions And The Performance Of The Economy, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Originally presented at the Annual Meeting of the Association for Evolutionary Economics, New York, December 27-30, 1985. Printed in the Journal of Economic Issues, Vol. XX, No. 2, June, 1986.

Coming 1986 Downturn Could Trigger Serious Recession, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

One of a series of columns Minsky wrote for the St. Louis Journalism Review. The ongoing column was titled, "“THE ECONOMY From The Not-So Ivory Tower."

The Role Of The Council Of Economic Advisers: Theory And Reality, Murray L. Weidenbaum

Murray Weidenbaum Publications

The function of the Council of Economic Advisers is to advise the President on economic policy with as much impartiality as possible. The CEA chairman is expected to help the public understand and in turn support the President's economic program.

Costs Of State Vehicle And Driver Licensing In Indiana: A Comparison With Other States, Marilyn K. Spencer, Robert S. Main

Scholarship and Professional Work - Business

Spencer and Main's contribution to Indiana Academy of the Social Sciences Proceedings, 1985.

The Effect Of Market Power On The Fringe Benefit Share Of Labor Compensation, Brian Brush, Steven E. Crane

Economics Faculty Research and Publications

No abstract provided.

America Is Eating Its Seed Corn, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

One of the ongoing columns, "The ECONOMY from the Not-So Ivory Tower." Included here is the original paper and its title, "Reaganite Myopia and the Quality of Education."

Review Of The Great Depression, 1929-1938: Lessons For The 1980'S, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Review of Christian Saint-Etienne. The Great Depression, 1929-1938: Lessons for the 1980s. Stanford, Calif.: Hoover Institution Press, 1984. Appeared in Journal of Economic Literature, Vol. XXIII, Sept. 1985.

Kay Saunders, Ed., Indentured Labour In The British Empire, 1834-1920 & Shula Marks And Peter Richardson, Eds., International Labour Migration: Historical Perspectives (Book Reviews), Ralph Shlomowitz

Pacific Studies

No abstract provided.

Neoclassical Theory In America: J. B. Clark And Fisher, James Tobin

Cowles Foundation Discussion Papers

The intellectual breakthroughs that mark the neoclassical revolution in economic analysis occurred in Europe around 1870. The next two decades witnessed lively debates in which the new theory more or less absorbed or was absorbed in the classical tradition that preceded and provoked it. In the 1890s, according to Joseph A. Schumpeter (1954, p. 754) there emerged “a large expanse of common ground and … a feeling of repose, both of which created, in the superficial observer, an impression of finality — the finality of a Greek temple that spreads its perfect lines against a cloudless sky.” Of course the …

Strengthening The Corporate Board: A Constructive Reponses To Hostile Takeovers, Murray L. Weidenbaum

Murray Weidenbaum Publications

This report examines the role of boards of directors and the pressures felt in the boardroom, especially when dealing with an unsolicited takeover. It also examines the different view of what a board can and should do. Recommendations are included for enhancing the board's ability to respond to external challenges.