Social and Behavioral Sciences Commons^™

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

Economics Faculty Works

No abstract provided.

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 …

Moral Hazard In Risk-Averse Teams, Eric Bennett Rasmusen

Eric Bennett Rasmusen

Holmstrom (1982) has shown that a non-budget- balancing contract induces a team of risk- neutral agents to choose the first- best effort levels. This is not generally true when agents are risk averse. Furthermore, a"massacre" contract, which punishes all but one agent when the outcome is low, can attain the first best over a wider range of parameters than any other budget-balancing contract.

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.

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.

Securitization, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Handout Professor Minsky prepared for Econ 335A, Fall 1987.

Recession - But Not Depression - In Offing, Part 1, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

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

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

Research Collection School Of Economics

No abstract provided.

The Oligopoly Game, James Whitney, David Hemenway, Robert Moore

Jim Whitney

No abstract provided.

Financial Institutions And The International Indebtedness Crisis., Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

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

Economics Of Alternative Farming Systems, Thomas L. Dobbs, Lyle A. Weiss, Mark G. Leddy

Economics Commentator

No abstract provided.

Evolution Of Time Constructs And Their Impact On Socioeconomic Planning, F. Gregory Hayden

Department of Economics: Faculty Publications

The primary focus of the institutionalist perspective is instrumentalist problem solving. Problems are delivered by the institutional process and solved by altering the social structure. To solve socioeconomic problems, planning is necessary. Important to any planning is the question of when actions and events are to occur. To effect new social structures, actions and events must be properly sequenced. An analytical core of sequencing events is time analysis. John R. Commons stated that, in addition to knowing what to do, the economist who has the power and responsibility for planning "must know what, when, how much and how far to …

Review Of "Financial Crises And The World Banking System", Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Review of: Forest Capie and Geoffrey Wood, Eds. Financial Crises and the World Banking System, pp. 1341-1342, Book Reviews, Journal of Economic Literature, Sept. 25, 1987.

The Noncooperative Equilibria Of A Trading Economy With Complete Markets And Consistent Prices, Siddhartha Sahi, Shuntian Yao

Cowles Foundation Discussion Papers

No abstract provided.

Inventories, Investment, Inflation And Taxes, James Tobin

Cowles Foundation Discussion Papers

Sales today were made possible by inputs of factor services and intermediate goods at various previous dates. Prices change between the input dates and the sale date. Especially in periods of general inflation, these price movements create ambiguities in the reckoning of profits. The accounting definition used in taxing profits can have significant economic effects. Tax accounting is generally not neutral vis-à-vis general inflation. Costing inputs at their historical nominal prices (FIFO) is a real burden and disincentive, greater the higher the inflation rate. It is analogous to depreciating durable capital at historical cost. However, it may be partially, completely, …

Aid For Third World Agricultural Development: Help Or Hindrance To U.S. Agriculture, Thomas L. Dobbs

Economics Commentator

No abstract provided.

Metropolitan Report - August 18, 1987, Division Of Business And Economic Research, College Of Business Administration, University Of New Orleans

UNO Metropolitan Report

No abstract provided.

Lunching Crowd, See How They Spend, Chester Smolski

Smolski Texts

"This year marks the 20th anniversary of an event that has had a marked impact on the shopping pattern of Rhode Island shoppers--Midland Mall, now Rhode Island Mall, opened its doors in Warwick."

On The Treatment Of Income Tax Rates In Empirical Analysis Of Tax Evasion, Steven E. Crane, Farrokh Nourzad

Economics Faculty Research and Publications

In this paper, it is argued that average tax rates exert an influence on income tax evasion separate from, and opposite to that of marginal tax rates. Failure to account for this effect in empirical evasion models biases the parameter estimate of the marginal rate in a predictable manner. Evidence from an aggregate empirical model of evasion in the US indicates that the marginal tax rate is positively related to evasion, whereas the average tax rate is negatively related. Further, exclusion of the average rate from the model does in fact bias the parameter estimate of the marginal tax rate.

The Effect Of Federal Tax Deductibility On State And Local Taxes And Spending, Gilbert E. Metcalf, Martin S. Feldstein

Gilbert E. Metcalf

This paper examines the effect of federal deductibility of state and local taxes on the fiscal behavior of state and local governments. The primary finding is that deductibility affects the way that state and local governments finance their spending as well as the overall level of spending. More specifically, in states in which federal deductibility implies a relatively low cost of using deductible personal taxes (including income, sales, and property taxes), there is greater reliance on those taxes and less reliance on business taxes and other revenue sources. The effect of deductibility on the state and local financial mix implies …

Farm Reorganization Bankruptcies In South Dakota, Larry Janssen

Economics Commentator

No abstract provided.