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The Impact Of "Arkansas Best" On Forward Pricing; Cattle Outlook, Gene Murra, Gene Murra Mar 1993

The Impact Of "Arkansas Best" On Forward Pricing; Cattle Outlook, Gene Murra, Gene Murra

Economics Commentator (1972- 2016)

No abstract provided.


“Financing Prosperity In The 21st Century”: Opening Remarks, Hyman P. Minsky Ph.D. Mar 1993

“Financing Prosperity In The 21st Century”: Opening Remarks, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Prepared for a conference, "Financing Prosperity in the 21st Century" held at the Levy Economics institute, 4-6 March 1993.


Community Development Banks: An Idea In Search Of Substance, Hyman P. Minsky Ph.D. Mar 1993

Community Development Banks: An Idea In Search Of Substance, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Pages 33-41, Challenge, March/April 1993.


Urban Growth Projections_1992-2002, University Of New Mexico Bureau Of Business And Economic Research Mar 1993

Urban Growth Projections_1992-2002, University Of New Mexico Bureau Of Business And Economic Research

Historic Publications

URBAN GROWTH PROJECTION FOR ALBUQUERQUE.


A Strategic Market Game With Seigniorage Costs Of Fiat Money, Martin Shubik, Dimitrios P. Tsomocos Mar 1993

A Strategic Market Game With Seigniorage Costs Of Fiat Money, Martin Shubik, Dimitrios P. Tsomocos

Cowles Foundation Discussion Papers

A model that includes the cost of producing money is presented and the nature of the inefficient equilibria in the model are examined. It is suggested that if one acknowledges that transactions are a form of production, which requires the consumption resources, then the concept of Pareto optimality is inappropriate for assessing efficiency. Instead it becomes necessary to provide an appropriate comparative analysis of alternative transactions mechanisms in the appropriate context.


The Pacific Guano Islands: The Stirring Of American Empire In The Pacific Ocean, Dan O'Donnell Mar 1993

The Pacific Guano Islands: The Stirring Of American Empire In The Pacific Ocean, Dan O'Donnell

Pacific Studies

No abstract provided.


1993 Budget Of Transition., Shonekan E.A.O. Chief Mar 1993

1993 Budget Of Transition., Shonekan E.A.O. Chief

Bullion

A Federal Government proposals for the 1993 budget of transition with wide ramifications for the third republic and the long-run survival of Nigeria. Also serves as a guide for laying sound foundation for growth and development in the next decade and beyond.


The State Of The Nigerian Economy And The Policy Options., A. Ahmed Alhaji Mar 1993

The State Of The Nigerian Economy And The Policy Options., A. Ahmed Alhaji

Bullion

The text of Speech delivered at the 1992 Annual Dinner of the Chartered Institute of Bankers of Nigeria at L'Hotel Eko Meridien, Victoria Island, Lagos, on 13th November, 1992.


The Future Of The Financial Services Industry In Nigeria., Victor A. Odozi Mar 1993

The Future Of The Financial Services Industry In Nigeria., Victor A. Odozi

Bullion

The paper is a Keynote Address presented at the Workshop on 'The Future of the Nigerian Finance Industry" Jointly organized by the Chartered Institute of Bankers of Nigeria and the Nigerian Association of Management Consultants, CBIN Auditorium, Victoria Island, February 15,1993.


Constraints Posed By Inadequate Data Supply To Planning And Evaluation Of Services In Nigeria., M. O Ojo Dr Mar 1993

Constraints Posed By Inadequate Data Supply To Planning And Evaluation Of Services In Nigeria., M. O Ojo Dr

Bullion

The paper discusses the importance of accurate, timely and adequate data in national planning and economic development of Nigeria.


Monetary And Policy Guidelines For 1993 Fiscal Year., Central Bank Of Nigeria Central Bank Of Nigeria Mar 1993

Monetary And Policy Guidelines For 1993 Fiscal Year., Central Bank Of Nigeria Central Bank Of Nigeria

Bullion

The paper contains Central Bank of Nigeria guidelines on major Economic Indicators for the year, 1993.


Does Employment Protection Inhibit Labor Market Flexibility?: Lessons From Germany, France And Belgium, Katharine G. Abraham, Susan N. Houseman Mar 1993

Does Employment Protection Inhibit Labor Market Flexibility?: Lessons From Germany, France And Belgium, Katharine G. Abraham, Susan N. Houseman

Upjohn Institute Working Papers

Laws in most West European countries give workers strong job rights, including the right to advance notice of layoff and the right to severance pay or other compensation if laid off. Many of these same countries also encourage hours adjustment in lieu of layoffs by providing prorated unemployment compensation to workers on reduced hours. This paper compares the adjustment of manufacturing employment and hours in West Germany, France and Belgium, three countries with strong job security regulations and well-established short-time compensation systems, with that in the United States. Although the adjustment of employment to changes in output is much slower …


Federal Policy Towards State And Local Economic Development In The 1990s, Timothy J. Bartik Mar 1993

Federal Policy Towards State And Local Economic Development In The 1990s, Timothy J. Bartik

Upjohn Institute Working Papers

This paper suggests new federal policies towards state and local economic development assistance to business. I argue that there is some evidence that these programs can be effective in encouraging business growth and helping the unemployed. But state and local governments do not have the right incentives to adequately pursue national goals through economic development programs. State and local governments are not inclined to do quality evaluations of their programs and tend to favor business attraction programs over programs that might increase U.S. business productivity. In addition, it is unclear whether economic development efforts are most vigorously pursued by economically …


Urban Growth Projections For Albuquerque Vicinity, 1992–2002: Population, Housing, Employment, University Of New Mexico Bureau Of Business And Economic Research Mar 1993

Urban Growth Projections For Albuquerque Vicinity, 1992–2002: Population, Housing, Employment, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

This comprehensive planning report provides forecasts of population, employment, housing construction, and demographic change for the Albuquerque study area through 2002. The study examines growth by Planning Information Area (PIA), evaluates migration, fertility, and housing trends, and identifies the west side of Albuquerque and Rio Rancho as the region's fastest-growing areas during the 1990s.


Clintonomics: An Early Look, Murray L. Weidenbaum Mar 1993

Clintonomics: An Early Look, Murray L. Weidenbaum

Murray Weidenbaum Publications

More of an activist administration is expected during President Clinton's first term, which will include more regulation and higher business and upper income bracket taxation. More spending programs are expected as well, which could create opportunities for industrial companies that work with the government.


An Old Keynesian Counterattacks, James Tobin Mar 1993

An Old Keynesian Counterattacks, James Tobin

Cowles Foundation Discussion Papers

Both New Classical and New Keynesian macroeconomic theorists misunderstand and distort old Keynesian economics, alleging that its diagnoses and prescriptions depend on the indefensible assumption that money wages and prices are “rigid.” Here it is argued that all Keynesian macro requires is that labor and product markets are not instantaneously and continuously cleared by perfectly flexible prices. Assuming imperfect flexibility, not necessarily rigidity, suffices to open the door for involuntary unemployment. Moreover, once the economy is displaced from full employment, it is far from clear that economy-wide movements of money wages and prices will, in the absence of Keynesian demand …


Behavioral Heterogeneity And Cournot Oligopoly Equilibrium, Jean-Michel Grandmont Mar 1993

Behavioral Heterogeneity And Cournot Oligopoly Equilibrium, Jean-Michel Grandmont

Cowles Foundation Discussion Papers

It is not infrequent to see studies of imperfect competition or of industrial organization rest upon questionable foundations such as the hypothesis that inverse market demand is, whenever it is positive, concave or even linear. Assumptions of this sort are not robust (i.e., “additive”) in the sense that they are not usually preserved through aggregation of different sectors that would satisfy them individually. The present paper investigates an alternative specification that is based upon the plausible existence of significant heterogeneities among demanders. It is demonstrated that specific forms of demand heterogeneity tend to stabilize market expenditures. In a partial equilibrium …


Adaptive Estimation In Arch Models, Oliver B. Linton Mar 1993

Adaptive Estimation In Arch Models, Oliver B. Linton

Cowles Foundation Discussion Papers

We construct efficient estimators of the identifiable parameters in a regression model when the errors follow a stationary parametric ARCH(P) process. We do not assume a functional form for the conditional density of the errors, but do require that it be symmetric about zero. The estimators of the mean parameters are adaptive in the sense of Bickel [2]. The ARCH parameters are not jointly identifiable with the error density. We consider a reparameterization of the variance process and show that the identifiable parameters of this process are adaptively estimable.


New Mexico Labor Market Review 02-26-1993, New Mexico Department Of Labor Feb 1993

New Mexico Labor Market Review 02-26-1993, 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 January 1993.


Market Structures And Investment Behavior, Hyman P. Minsky Ph.D. Feb 1993

Market Structures And Investment Behavior, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Final version is the download here, revised on 24 February 1993. This version was a revision of what was prepared for “Employment, Distribution and Markets”, a Jerome Levy Economics Institute Conference dedicated to the memory and work of A. Asimakopulos. The paper was originally dated 24 September 1992, and was considerably rewritten.


Roles And Limitations Of Enterprise Diversification; Hog Outlook, Donald C. Taylor, Gene Murra Feb 1993

Roles And Limitations Of Enterprise Diversification; Hog Outlook, Donald C. Taylor, Gene Murra

Economics Commentator (1972- 2016)

No abstract provided.


March 1933/March 1993, Hyman P. Minsky Ph.D. Feb 1993

March 1933/March 1993, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.


Comment On Ben Bernanke, ‘Credit In The Macroeconomy’, Hyman P. Minsky Ph.D. Feb 1993

Comment On Ben Bernanke, ‘Credit In The Macroeconomy’, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Prepared for a colloquium on “The Role of the Credit Crunch in the Recent Recession,” Federal Reserve Bank of New York. Feb. 12, 1993.


Milk Futures May Be Coming Soon; Winter Wheat Situation, Donald Peterson, Richard Shane Feb 1993

Milk Futures May Be Coming Soon; Winter Wheat Situation, Donald Peterson, Richard Shane

Economics Commentator (1972- 2016)

No abstract provided.


Albuquerque Employers’ Sexual Orientation Employment Policies Survey: February 1993, Albuquerque Human Rights Office Feb 1993

Albuquerque Employers’ Sexual Orientation Employment Policies Survey: February 1993, Albuquerque Human Rights Office

Historic Publications

This 1993 report summarizes a survey of 602 large Albuquerque employers to determine whether sexual orientation was included in their nondiscrimination policies and whether they supported a proposed Human Rights Board resolution.


The Economic Challenges Of The Next Four Years, Murray L. Weidenbaum Feb 1993

The Economic Challenges Of The Next Four Years, Murray L. Weidenbaum

Murray Weidenbaum Publications

During President Clinton's first term, it is expected that a national industrial and planning policy will be adopted. More government regulation, more taxes for those in the upper brackets, and more spending programs are expected as well.


Greater China: The Next Economic Superpower?, Murray L. Weidenbaum Feb 1993

Greater China: The Next Economic Superpower?, Murray L. Weidenbaum

Murray Weidenbaum Publications

This article shows how the Asian rim has become the fastest growing part of the world and will continue to do so into the 21st century.


New Mexico Labor Market Review 01-29-1993, New Mexico Department Of Labor Jan 1993

New Mexico Labor Market Review 01-29-1993, 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 1992.


Stagnation -- Notes For Bill Clinton, Hyman P. Minsky Ph.D. Jan 1993

Stagnation -- Notes For Bill Clinton, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.


Community Service And Development Banks: A Concept Paper, Hyman P. Minsky Ph.D. Jan 1993

Community Service And Development Banks: A Concept Paper, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Community Service and Development Banks: A Concept Paper. Jan. 12, 1993/Feb. 11, 1993.