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Articles 1 - 30 of 219
Full-Text Articles in Business
Daily Stock Market Movement From Oscillating Social Mood Factors, Cari Bourette
Daily Stock Market Movement From Oscillating Social Mood Factors, Cari Bourette
Cari Bourette
Since 2006, there has been ongoing research into the correlation of a set of oscillating mood factors and socioeconomic, geopolitical, and natural events with the goal of forecasting increased risks of destabilizing events. While promising results have been forthcoming, it has been difficult to present models that allowed those outside a small circle of specialists to participate. Between July 2007 and June 2010, weekly social mood projections, as published in monthly issues of MoodCompass, were used to develop a model to convert four oscillating mood factors into stock market expectations. This model was modified to generate signals of projected stock …
Asia Vs América Latina, Guillermo Arosemena
The Evolution Of Unemployment Relief In Great Britain, George R. Boyer
The Evolution Of Unemployment Relief In Great Britain, George R. Boyer
George R. Boyer
[Excerpt] Relatively little has been written about unemployment relief during the period between the passage of the Poor Law Amendment Act in 1834 and the adoption of national unemployment insurance in 1911. This study is an attempt to help fill the gap in the literature. It examines the changing roles played by poor relief, private charity, trade unions, and public employment in the lives of the urban unemployed during cyclical downturns from 1834 to 1911. The story that emerges offers no support for a "Whig theory of welfare." Public assistance for the unemployed was more generous, and more certain, from …
The Development Of The Neoclassical Tradition In Labor Economics, George R. Boyer, Robert S. Smith
The Development Of The Neoclassical Tradition In Labor Economics, George R. Boyer, Robert S. Smith
George R. Boyer
This essay on labor economics examines neoclassical theory's rise to ascendancy following the second World War, with a secondary focus on the relative decline but continued influence of institutionalist economic theory. The authors describe the evolution of institutional and neoclassical theory from the late nineteenth to mid-twentieth centuries, examine some early intellectual debates between the two camps, briefly describe the work of neoclassical labor economics pioneers, and look at major developments over the past 30 years. They argue that neoclassical economists' increasing intellectual breadth and influence in public policy have led them to pay closer attention to issues that have …
The Historical Background Of The Communist Manifesto, George R. Boyer
The Historical Background Of The Communist Manifesto, George R. Boyer
George R. Boyer
[Excerpt] The Manifesto of the Communist Party, published 150 years ago in London in February 1848, is one of the most influential and widely-read documents of the past two centuries. The historian A. J. P. Taylor (1967, p. 7) has called it a "holy book," and contends that because of it, "everyone thinks differently about politics and society." And yet, despite its enormous influence in the 20th century, the Manifesto is very much a period piece, a document of what was called the "hungry" 1840s. It is hard to imagine it being written in any other decade of the 19th …
Malthus Was Right After All: Poor Relief And Birth Rates In Southeastern England, George R. Boyer
Malthus Was Right After All: Poor Relief And Birth Rates In Southeastern England, George R. Boyer
George R. Boyer
The payment of child allowances to laborers with large families was widespread in early nineteenth-century England. This paper tests Thomas Malthus's hypothesis that child allowances caused the birth rate to increase. A cross-sectional regression model is estimated to explain variations in birth rates across parishes in 1826-30. Birth rates are found to be related to child allowances, income, and the availability of housing, as Malthus contended. The paper concludes by examining the role played by the adoption of child allowances after 1795 in the fertility increase of the early nineteenth century.
The Poor Law, Migration, And Economic Growth, George R. Boyer
The Poor Law, Migration, And Economic Growth, George R. Boyer
George R. Boyer
The loss to the English economy caused by decreased migration resulting from relief payments to agricultural laborers is estimated. I conclude that, at worst, the Poor Law had a small negative impact on national product. If poor relief and wages were substitutes, the Poor Law may have had a positive impact on capital formation and economic growth.
What Did Unions Do In Nineteenth-Century Britain?, George R. Boyer
What Did Unions Do In Nineteenth-Century Britain?, George R. Boyer
George R. Boyer
The article examines the development of the insurance function of trade unions. It analyzes how such policies worked, and why union benefit packages differed across occupations. It also addresses the impact of insurance policies on union organization. Insurance benefits increased the ability of unions to attract and retain members. They did not, however, significantly increase the power of union leaders relative to employers or union rank and file.
Unemployment And The Uk Labour Market Before, During And After The Golden Age, Timothy J. Hatton, George R. Boyer
Unemployment And The Uk Labour Market Before, During And After The Golden Age, Timothy J. Hatton, George R. Boyer
George R. Boyer
During the ‘golden age’ of the 1950s and 1960s unemployment in Britain averaged 2 per cent. This was far lower than ever before or since and a number of hypotheses have been put forward to account for this unique period in labour market history. But there has been little attempt to isolate precisely how the determinants of wage setting and unemployment differed before, during and after the golden age. We estimate a two-equation model over the whole period from 1872 to 1999 using a newly constructed set of long-run labour market data. We find that the structure of real wage …
Labour Migration In Southern And Eastern England, 1861-1901, George R. Boyer
Labour Migration In Southern And Eastern England, 1861-1901, George R. Boyer
George R. Boyer
This paper examines the determinants of migration from 19 southern counties to six major destinations in England and Wales from 1861-70 to 1891-1900. I find that, while the size of origin-destination wage gaps and the distance between origin and destination areas were important determinants of migration flows, as expected, migration was also strongly influenced by the number of previous migrants from an origin county living in a destination. The assistance provided by previous migrants to friends and relatives contemplating migration led to a perpetuation of earlier migration patterns, and helps to explain the continued dominance of London as a destination …
New Estimates Of British Unemployment, 1870-1913, George R. Boyer, Timothy J. Hatton
New Estimates Of British Unemployment, 1870-1913, George R. Boyer, Timothy J. Hatton
George R. Boyer
We present new estimates of the British industrial unemployment rate for 1870- 1913, which improve on the Board of Trade's prior estimates. We use similar sources, but our series includes additional industrial sectors, allows for short-time working, and aggregates the various sectors using appropriate labor-force weights from the census. The resulting index suggests a rate of industrial unemployment that was generally higher, but less volatile, than the board's index. We then adjust our series to an economywide basis, and construct a consistent time series of overall unemployment for 1870-1999.
Film And Television Production In Massachusetts: The Beginning Of Hollywood East?, Pacey C. Foster, David Terkla
Film And Television Production In Massachusetts: The Beginning Of Hollywood East?, Pacey C. Foster, David Terkla
David G. Terkla
After declining in the 1990s (laubacher, 2006), the Massachusetts film and television industry reached a nadir with the closing of the Massachusetts film office in 2002. To revitalize this once-thriving local creative industry, in 2005 the state legislature passed a tax incentive plan that provided a bankable tax credit for qualifying motion picture and television productions in Massachusetts. As updated in 2007, the Massachusetts film tax credit (FTC) provides a refundable/transferrable tax credit for 25% of qualifying wage and non-wage production expenses and a sales tax exemption for qualifying in-state spending. Massachusetts joined, at the maximum, 43 other states in …
¿Fracaso Unión Europea?, Guillermo Arosemena
¿Fracaso Unión Europea?, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
Cae Otro Muro Socialista, Guillermo Arosemena
Cae Otro Muro Socialista, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
Corporate Integration, Tax Treaties, And The Division Of The International Tax Base: Principles And Practices., Hugh J. Ault
Corporate Integration, Tax Treaties, And The Division Of The International Tax Base: Principles And Practices., Hugh J. Ault
Hugh J. Ault
In this Article, Professor Ault begins with an examination of the evolution of treaty principles for the allocation of and restrictions on international taxing jurisdiction. He then focuses on how economically based principles dealing with the taxation of international income affect treaty policy and presents the basic structural provisions involving the taxation of foreign income and foreign investors that emerge from domestically enacted or proposed integration systems. The technical aspects of the actual treaty practices that have been implemented with respect to integration systems are then related to the theoretical discussion. Professor Ault concludes with an examination of the implications …
[Review Of The Book Jobs And Incomes In A Globalizing World], Gary S. Fields
[Review Of The Book Jobs And Incomes In A Globalizing World], Gary S. Fields
Gary S Fields
[Excerpt] This is a timely book about the labour market effects of globalization – specifically, the effects of globalization on jobs, wages and incomes in industrialized and developing countries. Ajit Ghose defines globalization as “a process of integration of national markets into a global market.” Globalization, he writes, is of such great concern now because of a new development: trade between developed and developing countries in competing products.
[Review Of The Book Beneath The Miracle: Labor Subordination In The New Asian Industrialism], Gary S. Fields
[Review Of The Book Beneath The Miracle: Labor Subordination In The New Asian Industrialism], Gary S. Fields
Gary S Fields
[Excerpt] Have workers in the newly industrializing countries (NIC's) of Asia benefited from the rapid economic growth in their economies? In this important book, Frederic Deyo contends that "beneath the miracle" of economic growth is the "extreme political subordination and exclusion of workers" in the economic development of Hong Kong, Korea, Singapore, and Taiwan. He sees the inability of East Asian workers to "influence the political and economic decisions that have shaped their lives" as the "dark underside" of Asian economic growth. The main body of the book is an examination of why this subordination has taken place.
[Review Of The Book Technology Choice And Employment Generation By Multinational Corporations In Developing Countries], Gary S. Fields
[Review Of The Book Technology Choice And Employment Generation By Multinational Corporations In Developing Countries], Gary S. Fields
Gary S Fields
[Excerpt] The present volume, by addressing technology choice and employment in multinational enterprises (MNEs), adds to our understanding of the determinants of demand for labor in developing countries. The book synthesizes results from case studies of MNEs in Singapore, Nigeria, Brazil, India, and Kenya, and it does so in such a way that the main conclusions can easily be identified.
[Review Of The Book Studies Of Urban Labour Market Behaviour In Developing Areas], Gary S. Fields
[Review Of The Book Studies Of Urban Labour Market Behaviour In Developing Areas], Gary S. Fields
Gary S Fields
[Excerpt] In the 1970s social scientists from all disciplines became aware that an understanding of how labor markets function is central to determining who benefits from economic growth. Only a few researchers concerned with the economic development of Asia, Africa, and Latin America, however, have examined labor markets in any serious way. Hence, a compendium entitled Studies of Urban Labour Market Behavior in Developing Areas is particularly welcome.
[Review Of The Book Bridging The Gap: Four Newly Industrialising Countries And The Changing International Division Of Labour], Gary S. Fields
[Review Of The Book Bridging The Gap: Four Newly Industrialising Countries And The Changing International Division Of Labour], Gary S. Fields
Gary S Fields
[Excerpt] The central focus of this book is the labor force in the context of structural change. Its title, "Bridging the Gap," signifies a concern with drawing the NICs closer to the developed world. The author, a senior economist and staff member of the International Labour Organisation, argues that "the experience of these four NICs also holds lessons for OECD countries, as it deals with such now universal issues as the role of government in the promotion of new ventures; how new growth areas can be identified; how foreign investors are attracted; and what the costs and benefits of government …
Nuevos Ricos, Guillermo Arosemena
Similarities In Fan Preferences For Minor-League Baseball Across The American Southeast, Tyler Anthony, Tim Kahn, Briana Madison, Rodney Paul, Andrew Weinbach
Similarities In Fan Preferences For Minor-League Baseball Across The American Southeast, Tyler Anthony, Tim Kahn, Briana Madison, Rodney Paul, Andrew Weinbach
Rodney J. Paul
Three Minor League Baseball leagues across the Southeastern United States are studied in order to determine what drives fan attendance. Individual game attendance and game characteristics are examined for three leagues located in the American southeast, the Florida State League, the Southern League, and the South Atlantic League. Despite the three leagues encompassing different levels of play (from A to AA), the determinants of attendance are similar across leagues. Factors affecting attendance such as winning percentage, weather conditions, local income and population, and individual game promotions, such as fireworks, are explored.
Tamaño Ideal Del Estado, Guillermo Arosemena
Tamaño Ideal Del Estado, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
The Prosecution And Confiscation Of The Proceeds Of Illicit Enrichment, Bryane Michael
The Prosecution And Confiscation Of The Proceeds Of Illicit Enrichment, Bryane Michael
Bryane Michael (bryane.michael@stcatz.ox.ac.uk)
These training slides show prosecutors and judges how to find and recover the proceeds of corruption (under Macedonian law as a practical example).
Economic Integration, Political Integration Or Both?, Daniel Brou, Michele Ruta
Economic Integration, Political Integration Or Both?, Daniel Brou, Michele Ruta
Daniel Brou
We study the effects of economic and political integration by presenting a model in which firms compete with each other in both an economic market—where they produce a good and compete for market share—and in a political (rent seeking) market—where they compete for transfers from the government. Growth is driven by firms’ cost-reducing innovation activity and economic and political integration affect firms’ incentive to innovate differently. In this setting, economic and political integration can be seen as complementary. Economic integration, when not accompanied by political integration, can lead to less innovation and slower growth as firms respond to increased competition …
El Paso Economic Development System Review & Recommendations, Edward Feser
El Paso Economic Development System Review & Recommendations, Edward Feser
Edward J Feser
This report, commissioned by the City of El Paso, recommends that El Paso city government undertake a substantial reform of its economic development effort and that public and private sector stakeholders in the broader El Paso region mobilize to create an organizational vehicle for the kind of public‐private collaboration that is driving innovative economic development in many other major city‐regions in the United States. The analysis also calls for a stronger integration of physical, land use, and economic development planning activities in the city and region, consistent with a trend in international best practice in local and regional economic development.
Desigualdades Por Ideas, Guillermo Arosemena
Desigualdades Por Ideas, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
The Gratuities Debate And Campaign Reform – How Strong Is The Link?, George D. Brown
The Gratuities Debate And Campaign Reform – How Strong Is The Link?, George D. Brown
George D. Brown
The federal gratuities statute, 18 USC § 201(c), continues to be a source of confusion and contention. The confusion stems largely from problems of draftsmanship within the statute, as well as uncertainty concerning the relationship of the gratuities offense to bribery. Both offenses are contained in the same statute; the former is often seen as a lesser-included offense variety of the latter. The controversy stems from broader concerns about whether the receipt of gratuities by public officials, even from those they regulate, should be a crime. The argument that such conduct should not be criminalized can be traced to, and …
Innovación Y Desigualdad Económica, Guillermo Arosemena
Innovación Y Desigualdad Económica, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
[Review Of The Book The Four Little Dragons: The Spread Of Industrialization In East Asia], Gary S. Fields
[Review Of The Book The Four Little Dragons: The Spread Of Industrialization In East Asia], Gary S. Fields
Gary S Fields
[Excerpt] This slim and eminently readable volume presents the 1990 Edwin O. Reischauer lectures delivered by Ezra Vogel, the Henry Ford II Professor of Social Sciences at Harvard University and a leading scholar on Asia. In the first chapter Vogel establishes the context for the experiences of the "late late industrializes". Japan and "the Four Little Dragons" (Hong Kong, Korea, Singapore, and Taiwan). The next three chapters are devoted to the experiences of Taiwan, Korea, and Hong Kong and Singapore, respectively. The last chapter offers an explanation for the dragons' successes.