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2001

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Full-Text Articles in Business

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 2001, Central Bank Of Nigeria Dec 2001

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 2001, Central Bank Of Nigeria

CBN Annual Report

The Report, as in the past, reviews the operations of the Central Bank of Nigeria in its efforts at discharging its mandate for the fiscal year 2001. The major objectives of monetary policy for 2001 were outlined in the Bank's Monetary Policy Circular No. 35, which aimed to maintain internal and external balance, contribute to sustainable output growth and poverty reduction, and focus on the banking system, rate, rate regime, viability, and stability. Key policy targets included growth in broad money, narrow money, aggregate bank credit, growth in bank credit to the government, private sector, inflation rate, and GDP growth. …

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The Central And East European Automotive Industry Restructuring, Petr Pavlinek Dec 2001

The Central And East European Automotive Industry Restructuring, Petr Pavlinek

Geography and Geology Faculty Publications

have come to the Slavic Research Center of the Hokkaido University to study the profound changes that have been taking place in the automotive industry of Central and Eastern Europe (CEE) since 1990. My work is based on several field research visits to the Czech Republic that included in depth interviews conducted with key informants (plant managers, trade union leaders and ministry officials) in car factories, car component plants and governmental institutions. The automotive industry restructuring in the 1990s involved a number of complex issues that my research addresses, such as the effects of price and trade liberalization in the …

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St. Cloud Area Quarterly Business Report, Vol. 3, No. 4, Richard A. Macdonald, Mark Partridge Oct 2001

St. Cloud Area Quarterly Business Report, Vol. 3, No. 4, Richard A. Macdonald, Mark Partridge

St. Cloud Area Quarterly Business Report

No abstract provided.

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Pursuing Environmental Justice Through The Courts: An Overview Of The Process And Why It Has Failed, Julie Lynne Hershenberg Oct 2001

Pursuing Environmental Justice Through The Courts: An Overview Of The Process And Why It Has Failed, Julie Lynne Hershenberg

IPED Technical Reports

This project brought together two issues that dominate policy debates in the southwestern U.S. and especially along the United States – Mexico Border; namely, environmental justice, and legal liabilities associated with adverse environmental actions. Both are major implementation problems. In the southwest the issue becomes more problematic as the two-nations meet face-to-face, and the maquiladora industry continues to expand, creating new burdens on an already stressed environment as a result of industrial practices that have not always meet U.S. environmental standards.

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Balance Of Payments In El Paso: Fiscal Federalism From 1995-2000, Christine Thurlow Brenner, Elizabeth Dalton, Dennis L. Soden Sep 2001

Balance Of Payments In El Paso: Fiscal Federalism From 1995-2000, Christine Thurlow Brenner, Elizabeth Dalton, Dennis L. Soden

IPED Technical Reports

No abstract provided.

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Quantile Regression, Kevin F. Hallock, Roger Koenker Sep 2001

Quantile Regression, Kevin F. Hallock, Roger Koenker

Economics Faculty Publications

Quantile regression as introduced by Koenker and Bassett seeks to extend ideas of quantiles to the estimation of conditional quantile functions--models in which quantiles of the conditional distribution of the response variable are expressed as functions of observed covariates.

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The Hypothetical Even-Share Scenario, Dennis L. Soden Sep 2001

The Hypothetical Even-Share Scenario, Dennis L. Soden

IPED Technical Reports

No abstract provided.

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Ua3/9/5 Faculty Staff Convocation, Wku President's Office Aug 2001

Ua3/9/5 Faculty Staff Convocation, Wku President's Office

WKU Archives Records

Speech delivered by WKU president Gary Ransdell at fall convocation. He discusses enrollment, budget, tuition, salaries, insurance, administrative reorganization, legislative priorities, construction of Mass Media & Technology Hall and Guthrie Tower, engineering, economic development, information technology and capital campaign.

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El Paso County Hospital District R.E. Thomason General Hospital Revenue Base 1996-2000, Elizabeth Dalton Aug 2001

El Paso County Hospital District R.E. Thomason General Hospital Revenue Base 1996-2000, Elizabeth Dalton

IPED Technical Reports

No abstract provided.

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Educational Trends And Income In El Paso: A Longitudinal Perspective, Christine Thurlow Brenner Aug 2001

Educational Trends And Income In El Paso: A Longitudinal Perspective, Christine Thurlow Brenner

IPED Technical Reports

Education is clearly linked to income as numerous studies have shown. In El Paso, this link underscores what can only be called a crisis. As the region’s education level has declined over the past few decades, income has followed in a parallel fashion. This study strongly points out this linkage over the past 50 years, suggesting that a number of issues related to the education pipeline need to be addressed broadly across the community.

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The U.S. Health Care System: Best In The World, Or Just The Most Expensive?, Bureau Of Labor Education. University Of Maine Jul 2001

The U.S. Health Care System: Best In The World, Or Just The Most Expensive?, Bureau Of Labor Education. University Of Maine

Bureau of Labor Education

For many years, politicians and insurance companies could blithely proclaim that the U.S. had the best health care system in the world, but as its major shortcomings become more visible, Americans are finding it harder to accept this assertion. The 42.6 million people in the U.S. currently without health insurance are acutely aware that our health care system is not working for everyone, and there is growing recognition that the major problems of rising costs and lack of access constitute a real crisis. However, the search for solutions has not been easy or clear cut. Policymakers often attempt to address …

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Policy Analysis And Economic Impact Study Of Smoke-Free Indoor Air Ordinances In The Paso Del Norte Region, Dennis L. Soden, Steve A. Johnson Jul 2001

Policy Analysis And Economic Impact Study Of Smoke-Free Indoor Air Ordinances In The Paso Del Norte Region, Dennis L. Soden, Steve A. Johnson

IPED Technical Reports

No abstract provided.

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St. Cloud Area Quarterly Business Report, Vol. 3, No. 3, Richard A. Macdonald, Mark Partridge Jul 2001

St. Cloud Area Quarterly Business Report, Vol. 3, No. 3, Richard A. Macdonald, Mark Partridge

St. Cloud Area Quarterly Business Report

No abstract provided.

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Housing Policy, Wealth Formation And The Singapore Economy, Sock-Yong Phang Jul 2001

Housing Policy, Wealth Formation And The Singapore Economy, Sock-Yong Phang

Research Collection School Of Economics

This paper evaluates the contribution of housing policy in Singapore to financial sector development, housing wealth formation and macro-economic performance, both retrospectively and prospectively. It provides an overview of past housing policies and traces the linkages to the financial sector. Housing policy as effected through the Housing and Development Board and the Central Provident Fund (CPF) hampered the development of the commercial housing loans sector and domestic financial markets, but contributed to the overall growth and stability of the housing loans market and associated financial institutions. Housing policy and the trend of housing asset inflation contributed significantly to the formation …

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Studies On The Formation Of Dna-Cationic Lipid Composite Films And Dna Hybridization In The Composites, Murali Sastry, Vidya Ramakrishnan, Mrunalini Pattarkine, Krishna N. Ganesh May 2001

Studies On The Formation Of Dna-Cationic Lipid Composite Films And Dna Hybridization In The Composites, Murali Sastry, Vidya Ramakrishnan, Mrunalini Pattarkine, Krishna N. Ganesh

Faculty Works

The formation of composite films of double-stranded DNA and cationic lipid molecules (octadecylamine, ODA) and the hybridization of complementary single-stranded DNA molecules in such composite films are demonstrated. The immobilization of DNA is accomplished by simple immersion of a thermally evaporated ODA film in the DNA solution at close to physiological pH. The entrapment of the DNA molecules in the cationic lipid film is dominated by attractive electrostatic interaction between the negatively charged phosphate backbone of the DNA molecules and the protonated amine molecules in the thermally evaporated film and has been quantified using quartz crystal microgravimetry (QCM). Fluorescence studies …

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Capital Access And Financial Services In El Paso, David A. Schauer, Dennis L. Soden May 2001

Capital Access And Financial Services In El Paso, David A. Schauer, Dennis L. Soden

IPED Technical Reports

This study was undertaken in the spring of 2000 by the Public Policy Research Center at the University of Texas at El Paso on behalf of the El Paso Leadership and Research Council. Using input from a variety of business and community leaders over a two month period, the study was designed with the following overall objective: to assess the El Paso small business sector’s access to capital (debt, equity, and human/information) and the role of commercial banks in this process. To accomplish these objectives this study looked at multiple aspects of the current banking and lending situation in El …

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St. Cloud Area Quarterly Business Report, Vol. 3, No. 2, Richard A. Macdonald, Mark Partridge Apr 2001

St. Cloud Area Quarterly Business Report, Vol. 3, No. 2, Richard A. Macdonald, Mark Partridge

St. Cloud Area Quarterly Business Report

No abstract provided.

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Labor's Demographics Report For 2001, Bureau Of Labor Education. University Of Maine Apr 2001

Labor's Demographics Report For 2001, Bureau Of Labor Education. University Of Maine

Bureau of Labor Education

According to the U.S. Department of Labor, in 2000 the actual number of union members in the U.S. declined by 219,000 from the previous year. The percentage of U.S. wage and salary workers who were unionized dropped from 13.9 percent in 1999 to 13.5 percent in 2000. In comparison, during 1999 the number of union members increased by 266,000. Historically, this increase comprised the largest annual growth in union membership in twenty years. Not since 1979, did a larger increase occur with workers joining unions.2 The decrease in the number and percent of union members in 2000 reflects the continued …

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Aggregation, Auctions, And Other Developments In The Selection Of Lead Counsel Under The Pslra, Jill E. Fisch Apr 2001

Aggregation, Auctions, And Other Developments In The Selection Of Lead Counsel Under The Pslra, Jill E. Fisch

All Faculty Scholarship

No abstract provided.

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Capital Access In El Paso: A Multivariate Analysis Of Factors Influencing Loan Approval, David A. Schauer, Dennis L. Soden Feb 2001

Capital Access In El Paso: A Multivariate Analysis Of Factors Influencing Loan Approval, David A. Schauer, Dennis L. Soden

IPED Technical Reports

During the spring of 2000, The University of Texas at El Paso was commissioned by the El Paso Leadership and Research Council to explore a broad set of issues surrounding supply and demand factors with respect to commercial banks, small business firms and debt financing. The study revealed among other things that small, relatively young and minority owned firms experience high loan denial rates compared to their counterparts. The present study has the purpose of providing a more comprehensive statistical analysis concerning the factors which influence or predict loan approval probabilities.

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Montana Vision Travel Research: 2001, Norma P. Nickerson, Thale Dillon, Kim Mcmcmahon Feb 2001

Montana Vision Travel Research: 2001, Norma P. Nickerson, Thale Dillon, Kim Mcmcmahon

Institute for Tourism and Recreation Research Publications

Outlook for 2001 and Review of 2000.

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Forecasting Volatility: Evidence From The German Stock Market, Hagen H. W. Bluhm, Jun Yu Feb 2001

Forecasting Volatility: Evidence From The German Stock Market, Hagen H. W. Bluhm, Jun Yu

Research Collection School Of Economics

In this paper we compare two basic approaches to forecast volatility in the German stock market. The first approach uses various univariate time series techniques while the second approach makes use of volatility implied in option prices. The time series models include the historical mean model, the exponentially weighted moving average (EWMA) model, four ARCH-type models and a stochastic volatility (SV) model. Based on the utilization of volatility forecasts in option pricing and Value-at-Risk (VaR), various forecast horizons and forecast error measurements are used to assess the ability of volatility forecasts. We show that the mode lrankings are sensitive to …

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Hud Report Hails City's Revival, Chester Smolski Jan 2001

Hud Report Hails City's Revival, Chester Smolski

Smolski Texts

"Recent rankings of Providence have given it high grades, ranging from restaurant reviews to being named by Money magazine as the best city in the Northeast in which to live. All of these tributes have received considerable publicity. But the best endorsement of the city's revitalization likely comes from a publication not commonly seen by the public, the annual State of the Cities report published by the U.S. Department of Housing and Urban Development."

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The Economic Feasibility Of A Car Wash, Steve A. Johnson Jan 2001

The Economic Feasibility Of A Car Wash, Steve A. Johnson

IPED Technical Reports

No abstract provided.

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St. Cloud Area Quarterly Business Report, Vol. 3 No. 1, Richard A. Macdonald, Mark Partridge Jan 2001

St. Cloud Area Quarterly Business Report, Vol. 3 No. 1, Richard A. Macdonald, Mark Partridge

St. Cloud Area Quarterly Business Report

No abstract provided.

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Maine's Development Dilemma, 2001 Update, Bureau Of Labor Education. University Of Maine Jan 2001

Maine's Development Dilemma, 2001 Update, Bureau Of Labor Education. University Of Maine

Bureau of Labor Education

In the face of economic challenges that continue to face Maine and other states in a time of globalization and rapid technological change, economic development is widely seen as essential to the well-being of Maine's economy and to an increased quality of life for its citizens. However, the nature of Maine's economy, natural resource base, and geography creates a difficult dilemma for our state. This is the paradox we face: while some form of economic development is clearly imperative, the long-term misallocation of scarce economic resources in pursuit of this goal, though well-intended, may cause further harm to the economy …

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Market Structure And Racial Earnings: Evidence From Job Changers, Richard U. Agesa, Jacqueline Agesa, Gary A. Hoover Jan 2001

Market Structure And Racial Earnings: Evidence From Job Changers, Richard U. Agesa, Jacqueline Agesa, Gary A. Hoover

Economics Faculty Research

In his seminal contribution, Gary Becker (1957) suggests that rents in noncompetitive industries provide employers with the latitude to engage in earnings discrimination. Implicit in this theory, is that white workers in noncompet­itive industries would capture a disproportion­ ate share of monopoly rents (excessive wages) relative to their minority counterparts. We utilize wage-change equations to exam­ine earnings shifts for whites and minorities stemming from a job switch to a different mar­ket structure. Additionally for each racial group, wage equations of workers before and after the job change are used to calculate difference­ in-differences estimates of wage change as a result …

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Chapter 10: Upper-Middle-Class Politics And Policy Outcomes: Does Class Identity Matter?, Herman L. Boschken Jan 2001

Chapter 10: Upper-Middle-Class Politics And Policy Outcomes: Does Class Identity Matter?, Herman L. Boschken

Faculty Publications, School of Management

This chapter in Clark and lipset's book on class in American politics resulted from a multi-day workshop at the Woodrow Wilson Center for International Scholars in the summer of 1999. The piece reverses the normal causality of class politics. It does not analyze citizens in elections, but government officials creating policies. It asks why policies differ across localities (specifically public transit decisions in 42 U.S. metropolitan areas). It probes how some government officials work with an "upper-middle-class" citizenry in mind, while others do so less. The chapter then tests for differences across localities and finds quite distinct patterns. The chapter …

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The Ethics Of Taxation, Fred Foldvary Jan 2001

The Ethics Of Taxation, Fred Foldvary

Faculty Publications

The judgment of taxation by ethical standards requires a universally applicable ethic. Such an ethic, natural moral law, can be derived using the Lockean framework based on equality. By this universal ethic, persons have property rights in their bodies and lives, and thus in their labor. The taxation of wages and of products of labor are therefore morally wrong. The equality premise, combined with the Lockean proviso on land, leads to the conclusion that public revenues may be justly obtained from the rental benefit of natural resources. Voluntary user fees and invasion penalties such as pollution charges are also morally …

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Are There Rational Bubbles In The Us Stock Market? Overview And A New Test, A. (Tassos) G. Malliaris, Ramaprasad Bhar Jan 2001

Are There Rational Bubbles In The Us Stock Market? Overview And A New Test, A. (Tassos) G. Malliaris, Ramaprasad Bhar

School of Business: Faculty Publications and Other Works

A speculative bubble is usually defined as the difference between the market value of a security and its fundamental value. Although there are several important theoretical issues surrounding the topic of asset bubbles, the existence of bubbles is inherently an empirical issue that has not been settled yet. This paper reviews several important tests and offers one more methodology that improves upon the existing ones. The new test is applied to the annual US stock market data spanning over a century and at the monthly frequency covering the post-war period. Although we find evidence of stock price bubble in both …

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