Social and Behavioral Sciences Commons^™

South Dakota Farmland Price Trends And Outlook, Larry Janssen

Economics Commentator

No abstract provided.

October 19 And 20, 1987: The Crash And The Freeze, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.

What Is The Effect Of Random Variation In State Unemployment Rates?, Edward W. Hill

All Maxine Goodman Levin School of Urban Affairs Publications

Examines national Current Population Survey data to indicate the impact of sample size on the standard error of subpopulations in the sample and to show how these errors can influence policy conclusions. Examines the unemployment rate cross-sectionally for 11 states to demonstrate that the monthly unemployment rate should not be used to make fine distinctions between the states.

Var Models As Structural Approximations, Ray C. Fair

Cowles Foundation Discussion Papers

This paper presents a way of estimating how accurate VAR models are likely to be for answering structural questions. Data are generated from a dynamic deterministic solution of a structural model; a VAR model is estimated using a subset of these data; and the properties of the VAR model are compared to the properties of the structural model. This procedure has the advantage of eliminating the effects of error terms, since the data are generated for a deterministic simulation. The results show that the VAR models do not seem to be good structural approximations.

Renegotiation-Proof Equilibria: Collective Rationality And Intertemporal Cooperation, David G. Pearce

Cowles Foundation Discussion Papers

Cooperation in repeated games relies on the possibility that equilibrium play following some t -period history depends on more than simply the structure of the game remaining after the first t periods, that structure being always the same. In a nondegenerate theory of renegotiation, what a player expects, and the statements he finds credible at the end of period t must be affected by the history that has transpired, and perhaps by the implicit agreement that was in force. The solution concept proposed in this paper acknowledges both these influences, while imposing a certain stationarity on beliefs regarding what renegotiation …

I Debiti Del Povero Zio Sam, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Dossier, Dimenticare Wall Street - I Debiti Del Povero Zio Sam, pp. 3-4, Politica ed Economia, Rivista Mensile Della Fondazione Cespe, Anno XVIII, Terza Serie, Numero 12, Dicembre 1987.

Review Of "Casino Capitalism", Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A Review of: Susan Strange. Casino Capitalism. Oxford and New York, NY: Blackwell, 1986, pp. 1883-1885, Book Reviews, Journal of Economic Literature, Vol. XXV, Dec. 1987.

Floors And Ceilings, Endogenous Cycles, (Endogenous Breakdowns,) And Wall Street 1987, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Lecture given at Columbia University. This was the third of a series of four in that lecture series.

Theory Of Investment, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Lecture given at Columbia University. This was the second of a series of four in that lecture series.

Successful And Failed Capitalism, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Lecture given at Columbia University. This was the first of a series of four in that lecture series.

Metropolitan Report - November 19, 1987, Division Of Business And Economic Research, College Of Business Administration, University Of New Orleans

UNO Metropolitan Report

No abstract provided.

Shape Of Things To Come, Chester Smolski

Smolski Texts

"The age-old saying is that the future belongs to the young. However, in terms of new potential markets, the business sector ought to consider changing demographics, in nation and state, because the future for the merchants of goods and services may very well be with the old."

Recession - But Not Depression - In Offing, Part 2, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

One of the ongoing columns “The Economy from the Not-so Ivory Tower.”

A Note On An Optimal Garnishing Rule, Martin Shubik, Pradeep Dubey

Cowles Foundation Discussion Papers

A simple optimal garnishing rule to discourage strategic bankruptcy is derived.

Investor Behavior In The October 1987 Stock Market Crash: Survey Evidence, Robert J. Shiller

Cowles Foundation Discussion Papers

Questionnaires were sent out at the time of the October 19, 1987 stock market crash to both individual and institutional investors inquiring about their behavior during the crash. Nearly 1000 responses were received. The survey results show that: 1. No news story or rumor appearing on the 19th or over the preceding weekend was responsible for investor behavior, 2. Investors’ importance rating of news appearing over the preceding week showed only a slight relation to decisions to buy or sell, 3. There was a great deal of investor talk and anxiety around October 19, much more than suggested by the …

Is Takeover Fever Jeopardizing Our Nation's Health?, Ellen B. Magenheim

Economics Faculty Works

No abstract provided.

Multiple Regression With Integrated Time Series, Peter C.B. Phillips

Cowles Foundation Discussion Papers

Recent work on the theory of regression with integrated process is reviewed. This work is particularly relevant in economics where many financial series and macroeconomic time series exhibit nonstationary characteristics and are often well modeled individually as simple ARIMA processes. The theory makes extensive use of weak convergence methods and allows for integrated processes that are driven by quite general weakly dependent and possibly heterogeneously distributed innovations. The theory also includes near integrated time series, which have roots near unity, and cointegrated series, which move together over time but are individually nonstationary. A general framework for asymptotic analysis is given …

Not Yet A Collapse, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.

What Is In Store For Our Economy?, Harry Greenbaum

Economics Commentator

No abstract provided.

Pollyannas Of Capitalism, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

The New York Times, Thurs. Oct. 22, 1987, p. A35.

Helping Communities Determine Development, Chester Smolski

Smolski Texts

"The word uppermost in the minds of many communities these days is 'development,' a process that manifests itself on the land in the form of the built environment. Alarmed at the speed with which land is being used--and often abused--communities are being faced with touch decisions on how to cope with development, either by directing it, managing it or even stopping it."

Dope Is Death, Amilcar Shabazz

Afro-American Studies Faculty Publication Series

"Dope is Death" started as a study document for revolutionary nationalist cadres in the 1980s at the height of the Crack Wars and Reaganomics. It was later published in the September/October 1987 issue of "By Any Means Necessary!" newspaper published by the New Afrikan People's Organization. The version seen here is the 1988 pamphlet edition.

Minnesota Housing Report [1987 4th Quarter], George R. Karvel Dr.

Minnesota Housing Reports

The Minnesota Housing Report is compiled on the basis of monthly housing reports furnished to the Minnesota Real Estate Research Center at St. Cloud State University. Funding to permit preparation of the Minnesota Housing Report is provided by the Educational Foundation of the Minnesota Association of REALTORS and St. Cloud State University.

The reports are supplied by fourteen cooperating local real estate boards representing 71.5 percent of Minnesota's population. The boards represent various areas of the state and thus provide a picture of housing diversity between regions as well as housing trends within regions.

Information presented for the state or …

Government Financial Policy And Capital, Dean D. Croushore

Economics Faculty Publications

Economists have long been concerned about the best way to finance government deficits. Finding the proper fiscal policy and monetary policy mix is a crucial decision. When government debt grows too fast, interest rates rise and capital is crowded out. If the money growth rate is excessive, inflation occurs.

The study of this issue at the theoretical level requires a model which incorporates the following features: (1) modeling money and bonds as endogenous financial assets, whose rates of return are determined in general equilibrium, (2) examination of the utility maxi mization decisions of individuals, so that welfare analysis of alternative …

Jan Maria Novotny And His Collection Of Books On Economics, Michael Markowski

The Courier

This article describes the life and books of economist Jan Novotny, whose extensive collection is now housed in the Syracuse University Libraries. Novotny believed that a comprehensive, liberal arts education was an essential prerequisite for anyone who wished to study or professionally practice finance and business. The well-roundedness obtained from the humanities, he argued, would lead those in business and finance to make moral and ehtically sound decisions. His collection covers the last five hundred years, consisting of nearly 6,000 books in many different languages. Novotny managed to flee Czechoslavakia with all of these books, which now provide a wealth …

Prices Of Single Family Homes Since 1970: New Indexes For Four Cities, Karl E. Case, Robert J. Shiller

Cowles Foundation Discussion Papers

This paper uses data on nearly a million homes sold in four metropolitan areas — Atlanta, Chicago, Dallas and San Francisco — to construct quarterly indexes of existing home prices between 1970 and 1986. We propose and apply a new method of constructing such indexes which we call the method of constructing such indexes which we call the weighted repeat sales method (WRS). We believe the results give an accurate picture of the actual rate of appreciation in home prices in the four cities. The paper explains the construction of the index, discusses the results and compares them with the …

Youth Employment And Training Programs: A Review And A Reply, Robinson G. Hollister

Economics Faculty Works

No abstract provided.

The Effects Of A Cpf Cut: A Note, Hian Teck Hoon

Research Collection School Of Economics

No abstract provided.

Why 1987 Is Not 1929, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Minsky appears to have written this article in response to the Oct. 1987 stock market crash. A second copy is included here with a last page that contains typewritten notes.

Some Political And Economic Arithmetic, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Minsky seems to have written this after the October, 1987 stock market crash. Additional copies with notes are attached.