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Consequences Of Declining Farm Numbers In South Dakota, Mark A. Edelman Dec 1981

Consequences Of Declining Farm Numbers In South Dakota, Mark A. Edelman

Economics Commentator (1972- 2016)

No abstract provided.


The Breakdown Of The 1960s Policy Synthesis, Hyman P. Minsky Ph.D. Dec 1981

The Breakdown Of The 1960s Policy Synthesis, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Number 50, Winter 1981-82. St. Louis, Mo.


Central Bank Of Nigeria Annual Report And Statement Of Account For The Year Ended 31st December 1981, Central Bank Of Nigeria Dec 1981

Central Bank Of Nigeria Annual Report And Statement Of Account For The Year Ended 31st December 1981, Central Bank Of Nigeria

CBN Annual Report

In 1981, Nigeria's economy experienced a 7.9% decline in industrial production, primarily due to a decline in mining production, particularly petroleum. Manufacturing output increased by 5.7%, while agricultural production showed some improvement. Inflation worsened, with the composite consumer price index rising by 20.8%. Monetary expansion slowed down, but a 5.6% increase was recorded at the end of the year. The aggregate banking system's credit to the economy increased by 5.8%, with the Federal Government budgeting for current services. The external sector experienced a large balance of payments deficit, resulting in a drawdown of the nation's reserves. The world economy slowed …


Medieval World View In Modern Jargon [Review Of Entropy: A New World View By Jeremy Rifkin], Jeffrey Rogers Hummel Dec 1981

Medieval World View In Modern Jargon [Review Of Entropy: A New World View By Jeremy Rifkin], Jeffrey Rogers Hummel

Faculty Publications

No abstract provided.


Entrepreneurial Abilities And Liabilities In A Model Of Self-Selection, Christophe Chamley Dec 1981

Entrepreneurial Abilities And Liabilities In A Model Of Self-Selection, Christophe Chamley

Cowles Foundation Discussion Papers

No abstract provided.


The Epsilon Core Of A Large Game, Myrna Holtz Wooders Dec 1981

The Epsilon Core Of A Large Game, Myrna Holtz Wooders

Cowles Foundation Discussion Papers

Sufficient conditions are given for large replica games without side payments to have non-empty approximate cores for all sufficiently large replications. No “balancedness” assumptions are required. The conditions are superadditivity, a very weak boundedness condition, and convexity of the payoff sets. An example is provided to show that under these conditions, the (exact) core well may be empty.


The Evolution Of Ideas On The Subject Of Trade And Development With Reference To The Brazilian Experience, Mona Raouf Naaman Dec 1981

The Evolution Of Ideas On The Subject Of Trade And Development With Reference To The Brazilian Experience, Mona Raouf Naaman

Archived Theses and Dissertations

No abstract provided.


Payoffs In Non-Atomic Economies: An Axiomatic Approach, Pradeep Dubey, Abraham Neyman Dec 1981

Payoffs In Non-Atomic Economies: An Axiomatic Approach, Pradeep Dubey, Abraham Neyman

Cowles Foundation Discussion Papers

No abstract provided.


Money And Finance In The Macro-Economic Process, James Tobin Dec 1981

Money And Finance In The Macro-Economic Process, James Tobin

Cowles Foundation Discussion Papers

Lecture presented December 8, 1981 at the Stockholm School of Economics in connection with the 1981 Prize for Economic Science in Memory of Alfred Nobel.


New Mexico Labor Market Review 11-30-1981, New Mexico Employment Security Department Nov 1981

New Mexico Labor Market Review 11-30-1981, New Mexico Employment Security Department

Historic Publications

This issue of the New Mexico Labor Market Review presents October 1981 employment, unemployment, wage, and economic activity data for New Mexico, its counties, and metropolitan areas.


The Connection Between Water And Rural Industrial Development In South Dakota, Thomas L. Dobbs Nov 1981

The Connection Between Water And Rural Industrial Development In South Dakota, Thomas L. Dobbs

Economics Commentator (1972- 2016)

No abstract provided.


Is A Financial Crisis Likely Or Avoidable?, Hyman P. Minsky Ph.D. Nov 1981

Is A Financial Crisis Likely Or Avoidable?, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A memorandum prepared for a meeting of the Academic Consultant’s with the Board of Governors of the FRB, Washington, DC.


State Government Policies In Great Plains Rail Restructuring, Charles E. Lamberton Nov 1981

State Government Policies In Great Plains Rail Restructuring, Charles E. Lamberton

Economics Commentator (1972- 2016)

No abstract provided.


Macroconfusion: The Dilemmas Of Economic Policy, William D. Nordhaus Nov 1981

Macroconfusion: The Dilemmas Of Economic Policy, William D. Nordhaus

Cowles Foundation Discussion Papers

No abstract provided.


New Mexico Labor Market Review 10-30-1981, New Mexico Employment Security Department Oct 1981

New Mexico Labor Market Review 10-30-1981, New Mexico Employment Security Department

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 September 1981.


Impacts Of Rural Water System Development On Househoulds And Rural Properties, Larry Janssen Oct 1981

Impacts Of Rural Water System Development On Househoulds And Rural Properties, Larry Janssen

Economics Commentator (1972- 2016)

No abstract provided.


The American Economy In 1982 - #2, Hyman P. Minsky Ph.D. Oct 1981

The American Economy In 1982 - #2, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

The manuscript is listed as Number 2, but no other manuscript with this title has been found.


Finance And Profits: The Pitfalls Of Stabilization Policy In Our Economy, Hyman P. Minsky Ph.D. Oct 1981

Finance And Profits: The Pitfalls Of Stabilization Policy In Our Economy, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Prepared for: “Perspectives on the Stagflation Economy.” Third Annual Sewanee Economics Symposium. The University of the South, Sewanee, Tn. To be delivered Friday 22 October 1981.


Some Remarks On The Folk Theorem In Game Theory, Mamoru Kaneko Oct 1981

Some Remarks On The Folk Theorem In Game Theory, Mamoru Kaneko

Cowles Foundation Discussion Papers

It is argued that although the pathological multiplicity of Nash equilibria of super games stated by the folk theorem can be removed by introducing limited observations into super games with a continuum of players, the consideration of super games in terms of the Nash equilibrium concept involves a more fundamental and conceptual difficulty.


U.S. Policy: Food Production In Low-Income Countries, Donald C. Taylor Oct 1981

U.S. Policy: Food Production In Low-Income Countries, Donald C. Taylor

Economics Commentator (1972- 2016)

No abstract provided.


Game Theory: The Language Of Strategy?, Martin Shubik Oct 1981

Game Theory: The Language Of Strategy?, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


A New Approach To Small Sample Theory, Peter C.B. Phillips Oct 1981

A New Approach To Small Sample Theory, Peter C.B. Phillips

Cowles Foundation Discussion Papers

It is argued that an integral part of the process by which the results of small sample theory can be transmitted to the applied econometrician will in the future be played by reliable direct approximation to the sampling and posterior distributions that are of interest in the precise setting of the model and the data set with which the investigator is working. The purpose of this paper is to introduce a new technique of approximating distributions which is sufficiently general to be widely used and is developed in very general terms and should be widely applicable in mathematical statistics and …


Marginal Densities Of Instrumental Variable Estimators In The General Single Equation Case, Peter C.B. Phillips Oct 1981

Marginal Densities Of Instrumental Variable Estimators In The General Single Equation Case, Peter C.B. Phillips

Cowles Foundation Discussion Papers

A method of extracting marginal density approximations using the multivariate version of the Laplace formula is given and applied to instrumental variable estimators. Some leading exact distributions are derived for the general single equation case which lead to computable formulae and generalize all known results for marginal densities. These results are related to earlier work by Basmann (1963), Kabe (1964) and Phillips (1980b). Some general issues bearing on the current development of small sample theory and its application in empirical work are discussed in the introduction to the paper.


New Mexico Labor Market Review 09-30-1981, New Mexico Employment Security Department Sep 1981

New Mexico Labor Market Review 09-30-1981, New Mexico Employment Security Department

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 1981.


1981-82 Crop Price Outlook, Art Sogn Sep 1981

1981-82 Crop Price Outlook, Art Sogn

Economics Commentator (1972- 2016)

No abstract provided.


Livestock Outlook, Gene E. Murra Sep 1981

Livestock Outlook, Gene E. Murra

Economics Commentator (1972- 2016)

No abstract provided.


Banking And Industry Between The Two Wars: The United States, Hyman P. Minsky Ph.D. Sep 1981

Banking And Industry Between The Two Wars: The United States, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Three versions of the paper are presented here. The main selection is from the Seminar on “Banks and Industry in the Inter-War Period”. Banco di Roma in cooperation with the Alfred P. Sloan School of Management, Massachusetts Institute of Technology, Boston, Ma. Oct. 23-24, 1981. The other two show heavy editing on the original and then a final version that appeared in The Journal of European Economic History, Vol. 13, No. 2, fall 1984, Special Issue. Rome, Italy: Banco Di Roma, 1984.


Social Sciences And Humanities — Xv Pacific Science Congress (1983), Foss Leach Sep 1981

Social Sciences And Humanities — Xv Pacific Science Congress (1983), Foss Leach

Pacific Studies

No abstract provided.


Economic Policy In The Face Of Declining Productivity Growth, William D. Nordhaus Sep 1981

Economic Policy In The Face Of Declining Productivity Growth, William D. Nordhaus

Cowles Foundation Discussion Papers

No abstract provided.


Asset Markets, General Equilibrium And The Neutrality Of Money, Christophe Chamley, Heracles M. Polemarchakis Sep 1981

Asset Markets, General Equilibrium And The Neutrality Of Money, Christophe Chamley, Heracles M. Polemarchakis

Cowles Foundation Discussion Papers

When government liabilities (including money) are held in private portfolios only as stores of value, and do not provide additional benefits (as liquidity services), the real variables in an economy with uncertainty are not affected by the government’s trading in assets. There are also policies which alter the money supply through taxes or subsidies, and affect the price of money without changing real variables.