Social and Behavioral Sciences Commons^™

Federal, State, And Local Tax Burdens And Expenditure Benefits By Income Class, New Mexico, 1967., James Robert Nunns

Economics ETDs

One of the primary objectives of government taxation and expenditure policies is to redistribute current incomes between various groups in the economy in order to achieve an equitable distribution of income. Within the United States income may be redistributed both between families with different levels of income, and between families living in different states. In this study, the effect of the taxation and expenditure policies of the Federal, and New Mexico state and local governments on the level and distribution of income in New Mexico is estimated. The estimates will allow government policymakers to judge the effectiveness of their policy …

A Theory Of Money And Financial Institutions. Part Iii. The Missing Degree Of Freedom: Commodity Money And Oligopoly In A General Equilibrium Model, Martin Shubik

Cowles Foundation Discussion Papers

It is suggested that an extra degree of freedom is needed to construct a symmetric noncooperative price game in a market with n monopolists trading in n goods. This calls for the introduction of an n+1 good which can be interpreted as a commodity money. Where there are n monopolists using a commodity money in common a symmetric price or quantity noncooperative game can be constructed. The quantity game is examined. Necessary conditions are shown for the replicated game to have its noncooperative equilibria approach the competitive equilibria of the replicated market. It is demonstrated that unless there is “enough” …

Alternative Management Of Common Property Resources Under Free Access And Private Ownership, Martin L. Weitzman

Cowles Foundation Discussion Papers

No abstract provided.

A Theory Of Money And Financial Institutions: Part Ii. On The Paradox Of The Efficient Price System In A Completely Centralized Economy And In A Capitalist Individual Ownership Economy, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.

A New Measure Of Income From Wealth, Donald A. Nichols

Cowles Foundation Discussion Papers

No abstract provided.

A Theory Of Money And Financial Institutions. Part I. The General Approach Adopted, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.

Is Growth Obsolete?, William D. Nordhaus, James Tobin

Cowles Foundation Discussion Papers

No abstract provided.

Review Of "Coexistence And Commerce: Guidelines For Transactions Between East And West" By S. Pisar, Frederic L. Pryor

Economics Faculty Works

No abstract provided.

Portsmouth, Virginia: The Growth And Burdens Of Property Taxes 1952-1967, Nicholas C. Kyriakides

Economics Theses & Dissertations

No abstract provided.

Keynesian Theory And The Current Crisis In Economic Policy, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

An updated version of a talk given in Bonn, Germany on Sept. 16, 1971.

Summary Comment, James Tobin

Cowles Foundation Discussion Papers

No abstract provided.

On The Scope Of Gaming, Martin Shubik

Cowles Foundation Discussion Papers

Gaming and simulation mean different things to different people. Currently there exist separate schools of individuals working on interrelated but basically different areas. Each have their own special goals and terminology. Yet there is a sufficient overlap among them that it is important to clarify the common and different interests and terminology. The general topic of gaming is ripe for an examination to see to what extent there exists a basic methodology and theory of gaming. This paper addresses itself, in part to this problem. Different types of games and different purposes are discussed. It is stressed that there is …

Competitive Equilibrium And Game Theory Solutions: Part I. The Core And Value, Lloyd S. Shapley, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.

Duality Theory Of Convex Programming For Infinite Horizon Economic Models, Martin L. Weitzman

Cowles Foundation Discussion Papers

The present state of convex programming theory for infinite horizon free endpoint economic models is not entirely satisfactory. Roughly speaking, classical duality principles can be shown to apply tof inite subsections of an optimal trajectory and this avoids classical inefficiencies of the finite horizon variety. But it has never been completely clear how to avoid the kind of non-optimality which results from piling up too much “left over” capital in the limit. While certain rule of thumb “transversality conditions” have been proposed by analogy with finite horizon models, they have not in general been put on a rigorous footing and …

Import Controls On Foreign Oil: Tariff Or Quota?, George A. Hay

Cornell Law Faculty Publications

During the recent deliberation of the Cabinet Task Force on Oil Import Controls, considerable attention was devoted to the question whether, regardless of the level of imports which should be allowed, the control should take the form of a quota or a tariff. Occasionally reference was made to a well-known equivalence theorem which holds that when there is perfect competition in the product market a tariff will generate a volume of imports which, if alternatively set as a quota, produces an identical discrepancy between foreign and domestic prices. Therefore, other than the transfer of revenues from quota holders to the …

The Grant Equivalent Of Foreign Aid And Sensitivity Analysis Of Contract Terms As Policy Guide, Erturk Deger

Graduate Thesis Collection

No abstract provided.

An Exposition Of A Keynesian Theory Of Investment, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A draft of Chapter 10 in Minsky, H. P. (1982). Can "it" happen again. Armonk, NY: M. E. Sharpe, Inc.

Concentration In Primary Products And Terms Of Trade, Ronald C. Gaughf

Graduate Thesis Collection

It is generally accepted that the less developed nations have suffered a long run deterioration of their terms of trade, which represents an indirect transfer of income to the developed nations.1 If true, the gains from international trade are being unequally distributed and the less developed nations have a legitimate complaint. They are very concerned about their terms of trade on the international scene because their trade gains provide for skills required for modernization. Raul Prebisch2 cited the Latin American nations as a classic example in the deterioration of the terms of trade. Most of these nations export heavily in …

Does "Food For Peace" Assistance Damage The Bolivian Economy?, Melvin Burke

School of Economics Faculty Scholarship

Do commodity surplus shipments in fact "encourage economic development in the developing countries ... that are determined to improve their own agricultural production ... "?¹ Or conversely, is it true that "food aid is damaging to the countries which receive it, and they should be helped to increase the productivity of their own farmers"?² The former Bolivian Minister of Petroleum, Marcelo Quiroga, who was largely responsible for the nationalization of the Gulf Oil subsidiary in his country, apparently believes "Food for Peace" aid is damaging to the Bolivian economy.

On The Definition And Computation Of A Capital Stock Invariant Under Optimization, Terje Hansen, Tjalling C. Koopmans

Cowles Foundation Discussion Papers

No abstract provided.

Systems Of Indirect Management In A Planned Economy: Effectiveness Models And Their Applications In Poland, Witold Trzeciakowski

Cowles Foundation Discussion Papers

No abstract provided.

An Empirical Test Of Linder's Trade Hypothesis, James Norman Carnes

Economics Theses & Dissertations

Attempts have been made recently to empirically test several theories of the basis of international trade. These efforts have been concentrated mainly on the empirical testing of the Heckscher-Ohlin and the classical international trade theorems. The results so obtained are both complementary and conflicting. Although a greater degree of empirical relevance has been observed in the Ricardian model than in the Heckscher-Ohlin theorem, so far no sophisticated effort appears to have been made at the empirical testing of Linder's trade hypothesis.

Linder's thesis is that a country cannot achieve comparative cost advantage in that line of production for which there …

The American Economy In Mid Year 1971, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

There is no indication of where Minsky intended to publish this.

The Price Of Money In A Pure Exchange Monetary Economy, Ross M. Starr

Cowles Foundation Discussion Papers

No abstract provided.

Wealth, Liquidity, And Consumption, Walter Dolde, James Tobin

Cowles Foundation Discussion Papers

No abstract provided.

Friedman's Theoretical Framework, James Tobin

Cowles Foundation Discussion Papers

No abstract provided.

The Impact Of The Federal Stamp Program On Food Purchasing Habits Of The Socioeconomic Class, Joe Turner

Masters Theses & Specialist Projects

The implementation of the Federal Food Stamp program affords an opportunity to do responsible research on this topic due to the manner in which the program is administered. The fact that coverage is authorized on a county basis rather than a state-wide basis, which requires that each individual county request and apply for the Stamp Program, provided the availability of a sample area in southern Kentucky where five contiguous counties existed, three of which were participating in the program and two of which were not. This permitted both a control and experimental group from which to draw a sample.

The British "Voluntary" Incomes Experiment, 1964-1969, Ellen S. Bank

Masters Theses

There is a general consensus that the most recent attempt at incomes policy in Great Britain was unsuccessful. In this thesis I shall attempt to analyze and evaluate the policy with an emphasis on the particular features of the policy to which its lack of success may be attributed.

Chapter I examines the factors which first made such a policy seem to be an appealing panacea for all of Great Britain’s economic problems; specifically the economic conditions prior to the Labor Government’s ascension to power in 1964 are analyzed.

Chapter II examines some early attempts at incomes policy with an …

A Case Study In Promotion Of Orange Exports, Kamel Tawfik Diab

Archived Theses and Dissertations

This case study describes and analyzes the failure of the orange exports in Egypt since 1884 until 1966/67. It also evaluates the recent growth in Egyptian orange exports from 1967/68 to 1970/71. Part I describes the Egyptian orange production, consumption and exports from 1884 to the pre­sent. It focuses on an exploratory study of 1966/67 orange export season, which provides an ideal example of the failure of orange exports in Egypt from 1884 until 1966/67. This Part formulates the problem as "The failure of oran­ge exports in Egypt from 1884 to 1966/67, and the possibility of promoting this activity". It …

Digital All-Computer Simulation In Managerial Problems, Ahmed Soliman Zaki

Archived Theses and Dissertations

Management problems are becoming more and more complex. True scientific management demands the exact consideration of all the factors that are significant to the problem under study. In dealing with practical problems, one cannot tease out separate psychological, economic, or technological aspects as the problem mostly always involves working with a total integrated organizational unit. Due to the abundancy and interrelation of these factors, it made it more difficult if not impossible in many cases to reach a solution by the analytical methods. Thus, many managerial problems if they are to be accurately identified and quantifiably solved, should be simulated. …