Social and Behavioral Sciences Commons^™

1981-82 Crop Price Outlook, Art Sogn

Economics Commentator

No abstract provided.

Accepting The Townhouse Idea Requires New Attitudes, Chester Smolski

Smolski Texts

"To change actions is easy; to change attitudes is more difficult. This is a truism that one finds whether one deals with race relations, sexual equality or ethnic stereotypes. It is also true in housing."

Livestock Outlook, Gene E. Murra

Economics Commentator

No abstract provided.

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

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.

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.

Corporate Tax Integration In The United States: A General Equilibrium Approach, Don Fullerton, A. Thomas King, John B. Shoven, John Whalley

Don Fullerton

This paper presents estimates of static and dynamic general equilibrium resource allocation effects for four alternative plans for corporation and personal income tax integration in the United States. A medium-scale numerical general equilibrium model is used which integrates the U.S. tax system with consumer demand behavior by household and producer behavior by industry.

City's Capital Center Plan Too Vital To Be Sidetracked, Chester Smolski

Smolski Texts

"Three major criticisms of the Capital Center have emerged as a result of public hearings being held on this proposed development for downtown Providence. These criticisms are focused on: 1. relocation of the new railway station 1,200 feet north of the present Union Station; 2. elimination of the connection for a through East Bay-West Bay rail service; and 3. construction of a boulevard that would parallel the present railroad tracks. All of these criticisms have merit."

Rural Water Systems In South Dakota, Ardelle Lundeen

Economics Commentator

No abstract provided.

Framework For Examining The Economic Feasibility Of Small Scale Alcohol Plants, Thomas Dobbs, Randy Hoffman, Ardelle Lundeen

Economics Staff Paper Series

The feasibility of producing fuel alcohol from grain has received much attention from the Midwest and Plains States over the last few years. There has been interest in plants ranging from quite small on farm stills to very large, fuel-feed complexes costing many millions of dollars. As a result of this interest, several studies of the economic feasibility of large-scale fuel alcohol plants were conducted and published in the late 1970. More recently, a few studies of the economics of smaller-scale plants have been initiated, and some of the results are now beginning to appear in print (Hutchinson and Dobbs; …

Impact Of Irrigation Development On Regional Economics, Richard Shane

Economics Commentator

No abstract provided.

Trends In Health Care Expenditures, Maine 1974-1978, Bruce Armstrong

Maine Collection

Trends in Health Care Expenditures, Maine 1974-1978

by Bruce Armstrong, Research Consultant

Maine Department of Human Services, Bureau of Health Planning and Development, Division of Data and Research, Augusta, Maine (August 1981).

Contents: Preface / Highlights / List of Tables and Figures / Yearly Tables / Trend Illustrations and Tabular Descriptions

Health Care Expenditures In Maine 1978 : A Funds Flow Analysis, Bruce Armstrong

Maine Collection

Health Care Expenditures in Maine 1978 : A Funds Flow Analysis

by Bruce Armstrong, Research Consultant

Maine Department of Human Services, Bureau of Health Planning and Development, Division of Data and Research, Augusta, Maine (August 1981).

Contents: Preface / Highlights / List of Tables and Figures / Introduction / Definitions / Health Expenditures / Sources of Funds / Type of Expenditure / Comparison of Maine and U.S. Per Capita Expenditures

Schumpeterian Dynamics Ii. Technological Progress, Firm Growth And ‘Economic Selection', Katsuhito Iwai

Cowles Foundation Discussion Papers

No abstract provided.

The Optimal Progressive Income Tax — The Existence And The Limit Tax Rates, Mamoru Kaneko

Cowles Foundation Discussion Papers

The purpose of this paper is to consider the problem of optimal income taxation in the domain of progressive (convex) income tax function. This paper proves the existence of an optimal tax function and that the optimal marginal and average tax rates tend asymptotically to 100 percent as income level becomes arbitrarily high.

Algorithms For The Linear Complementarity Problem Which Allow An Arbitrary Starting Point, Dolf A.J.J Talman, Ludo Van Der Heyden

Cowles Foundation Discussion Papers

No abstract provided.

The Conventionally Stable Sets In Noncooperative Games With Limited Observations: Definitions And Introductory Arguments, Mamoru Kaneko

Cowles Foundation Discussion Papers

This paper attempts to define a new solution concept for n-person noncooperative games. The idea of the new concept is based on that of the von Neumann-Morgenstern stable set, or more precisely, rather on their interpretation of it which they call “standards of behavior.” This new approach enables us to consider new interesting problems of information. Further this approach gives us a plausible interpretation of Nash equilibrium. This paper provides the definition and considers the new solution concept for zero-sum two-person games, the prisoner’s dilemma, the battle of sexes and games with a continuum of players.

An Evaluation Of The Vocational Education Program In Stanton High School And Recommendations For Expansion, Marsha Bristow Todd

Graduate Theses

An evaluation and recommendations for change to the vocational education program at Stanton High School was conducted on the basis of existing programs, community needs survey, interviews with administration personnel, and a review of literature on vocational education. A survey of the 204 Class AA high schools was conducted to ascertain the type of vocational programs that were provided and the reasons for inclusion of each listed program. 166 responses were received. The accumulated data was then translated into tables showing what existed, what was being done elsewhere, and what was perceived as being needed.

The resulting recommendations supported current …

Schumpeterian Dynamics I. An Evolutionary Model Of Innovation And Imitation, Katsuhito Iwai

Cowles Foundation Discussion Papers

No abstract provided.

Resource Taxation With Heterogeneous Quality And Endogenous Reserves, Robert F. Conrad, Bryce Hool

Research Collection School Of Economics

This paper analyzes the impact of mining taxation on the intertemporal extraction profile for a heterogeneous ore body. The extraction profile specifies both quantities and qualities extracted in each period. Total extraction is thus endogenously determined. The taxes explicitly considered are severance taxes (ad valorem or per unit; on metal or on ore), property taxes, and profits taxes (with depletion allowance). The intertemporal framework integrates economic and geological factors, generating new results on extraction distortions and providing qualification or reconciliation of previous diverse results in this area.

Microcomputers For The Farm Business, Herbert R. Allen

Economics Commentator

No abstract provided.

Inflation And Water Resource Development In South Dakota, Donald C. Taylor

Economics Commentator

No abstract provided.

The Impact Of Different Government Units In The Regulation Of The Workplace Environment, Michael L. Marlow

Economics

This study examines the issue of whether or not state and federal job safety agencies provide the same levels of public output. Tests are conducted on the hypothesis that state takeover of regulation from the federal program serves to reduce the costs of firms. These costs are comprised of two components: the penalties for noncompliance and the uncertainty costs of regulation. The public policy implication that is drawn from these tests is that it matters to firms which government unit regulates them.

A Test For Threshold Effects In Bank Entry, Michael L. Marlow

Economics

No abstract provided.

On The Infinite Welfare Cost Of Inflation And Other Second Order Effects, Christophe Chamley

Cowles Foundation Discussion Papers

The optimal inflation rate is analyzed in a simple model of intertemporal general equilibrium where agents have an operative bequest motive and taxation is distortionary. Monetary balances are used as a productive input, and agents have perfect foresight. The optimal value of the permanent inflation rate can be approximated by a simple formula. The case in which the growth of aggregate income exceeds the social discount rate is unlikely to be important, and the optimal value of the permanent inflation rate depends on the existence of a short-run trade-off between unemployment and inflation.

Ua68/2 Intercambio Internacional, Vol. Iv, No. 1, Wku Latin American Studies

WKU Archives Records

Newsletter created by WKU Latin American Studies program regarding science, politics and economic advances in Latin America as well as cooperative projects between WKU and universities across Latin America. The newsletter is written in both English and Spanish.

James Tobin's "Asset Accumulation And Economic Activity": A Review Article, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Eastern Economic Journal, July 1981. Also typed manuscript of this article.

Gorman And Musgrave Are Dual: An Antipodean Theorem On Public Goods, Ted Bergstrom, Richard Cornes

Ted C Bergstrom

This paper finds the conditions under which an allocation branch can determine the efficient amount of public goods to produce, independently of the distribution of private goods. The result is similar to that found in our Econometrica paper, but uses a quite different method--solving a differential equation.

Efficiency-Inducing Taxation For A Monopolistically Supplied Depletable Resource, Ted Bergstrom, John Cross, Dick Porter

Ted C Bergstrom

We show that for a depletable resource, if the competitive time path of prices is known, and if the profit function is concave, then there is an easily described time path of taxes and/or subsidies that would induce a monopolist to follow an efficient time path of extraction.

South Dakota Agricultrual Trucking And Highways, Charles E. Lamberton

Economics Commentator

No abstract provided.