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Full-Text Articles in Social and Behavioral Sciences

Non-Convex Costs And Capital Utilization: A Study Of Production Scheduling At Automobile Assembly Plants, George J. Hall Dec 1997

Non-Convex Costs And Capital Utilization: A Study Of Production Scheduling At Automobile Assembly Plants, George J. Hall

Cowles Foundation Discussion Papers

This paper studies how managers at automobile assembly plants organize production across time. Detailed data from eleven single-source automobile assembly plants display considerable cross-plant heterogeneity. At plants which make low- and medium-selling vehicles the capital stock often sits idle, production is more variable than sales, and weeklong shutdowns are often used to vary output. In contrast, at plants which make high-selling vehicles, the capital stock rarely sits idle, production is about as variable as sales, and over time — bit weeklong shutdowns — is most frequently used to vary output. To explain this difference in production scheduling, I formulate and …

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Contingent Pay And Employee Performance, Rania Mohamed Abou Senna Dec 1997

Contingent Pay And Employee Performance, Rania Mohamed Abou Senna

Archived Theses and Dissertations

No abstract provided.

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The Eu-Egypt Partnership Agreement, Gehan Mamdouh Saleh Dec 1997

The Eu-Egypt Partnership Agreement, Gehan Mamdouh Saleh

Archived Theses and Dissertations

No abstract provided.

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Tenth Lecture, Seminar On Marx, Keynes & Kalecki, Rational Perfect Competition: The Firm And The Market, Anwar Shaikh Phd Nov 1997

Tenth Lecture, Seminar On Marx, Keynes & Kalecki, Rational Perfect Competition: The Firm And The Market, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the tenth lecture, Seminar on Marx, Keynes, and Kalecki (November 22, 1997): Rational perfect competition: The firm and the market.

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The Stock Market: Herd Mentality And Rationality; World Meat Production And Trade: Some Selected Comments, John Sodney, Gene Murra Nov 1997

The Stock Market: Herd Mentality And Rationality; World Meat Production And Trade: Some Selected Comments, John Sodney, Gene Murra

Economics Commentator (1972- 2016)

No abstract provided.

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Ninth Lecture, Seminar On Marx, Keynes & Kalecki, Labor Market With Rational Expectations, Anwar Shaikh Phd Nov 1997

Ninth Lecture, Seminar On Marx, Keynes & Kalecki, Labor Market With Rational Expectations, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the ninth lecture, Seminar on Marx, Keynes, and Kalecki (November 13, 1997): Labor market with rational expectations.

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Eighth Lecture Seminar On Marx, Keynes& Shaikh, Budget Consistency, Anwar Shaikh Phd Nov 1997

Eighth Lecture Seminar On Marx, Keynes& Shaikh, Budget Consistency, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the eighth lecture, Seminar on Marx, Keynes, and Kalecki (November 6, 1997): Budget consistency.

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Managerial Stress In Hong Kong And Taiwan : A Comparative Study, Oi Ling Siu, Luo Lu, Cary L. Cooper Nov 1997

Managerial Stress In Hong Kong And Taiwan : A Comparative Study, Oi Ling Siu, Luo Lu, Cary L. Cooper

Centre for Public Policy Studies : CPPS Working Paper Series

The purpose of this study was to investigate occupational stress in managers in Hong Kong (N=280) and Taiwan (N=347) using the Occupational Stress Indicator-2 (OSI-2). The results showed that the reliabilities and predictive validity of the OSI-2 subscales were reasonably high in both samples. The logical relationships between job satisfaction, mental and physical well-being that were found in the two samples have provided support to the findings obtained in Western countries. The predictors for health effects were various and many in the two places. Further, there were gender differences in managerial stress in Hong Kong: female managers scored higher in …

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Subsidies In Oligopoly Markets: A Welfare Comparison Between Symmetric And Asymmetric Costs, Stephen F. Hamilton, Rickard Sandin Nov 1997

Subsidies In Oligopoly Markets: A Welfare Comparison Between Symmetric And Asymmetric Costs, Stephen F. Hamilton, Rickard Sandin

Economics

Oligopolistic industries generally produce less than is socially desirable. As a result, the use of production subsidies is often suggested as a means of raising production toward the efficient level in imperfectly competitive markets. In cases where firms are equally efficient in producing the good, the common prescription is a policy of uniform subsidization, as suggested by Besley (1989).(1) When firms in an industry differ in cost efficiency, however, uniform subsidization involves subsidizing inefficient firms in the same manner as efficient firms. Consequently, uniform policy may be undesirable from a social perspective, particularly when the price-cost margins of inefficient firms …

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Meaningful Measures Of The Current Account, Eric O'N. Fisher, Youngsoo Woo Nov 1997

Meaningful Measures Of The Current Account, Eric O'N. Fisher, Youngsoo Woo

Economics

Since the conventional current account uses cash-flow accounting, it is potentially devoid of economic meaning. Assessing foreign assets at market values and including expected transfers from abroad, this paper reports two measures of the external surplus that are grounded in economic theory. The first measure is the aggregate generational current account, annual differences in the sum of net foreign assets across all current and future generations. The second measure is the generational profile of net foreign assets in a benchmark year. These ideas are implemented with data from Korea.

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Why Not Cut Pay?, Truman F. Bewley Nov 1997

Why Not Cut Pay?, Truman F. Bewley

Cowles Foundation Discussion Papers

Over 300 business people, labor leaders, business consultants, and counselors of unemployed people were interviewed during the recession of the early 1990’s in order to learn why wages and salaries were declining in only a few firms. Employers believed that cutting pay would hurt employee morale, leading to lower productivity and current or future difficulties with hiring and retention. There were few indications that unemployed people had excessive wage expectations. On the contrary, many unemployed were too flexible and found themselves rejected by firms as overqualified.

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Breaking Trends And The Money-Output Correlation, David Fernandez Nov 1997

Breaking Trends And The Money-Output Correlation, David Fernandez

Research Collection Lee Kong Chian School Of Business

This paper examines the impact on the money-output correlation of a univariate specification that allows time series to be characterized as stationary around a broken trend function. Though pretesting suggests that U.S. real output (industrial production) can be described as broken-trend stationary, this result has only limited impact on the money-output correlation. Before 1985 there is a strong Granger causal relationship between money and broken-detrended output (hut not first-differenced output), even when different short-term interest rates are used as regressors. However, after 1985 this relationship weakens significantly, whether or not one determines that output has a unit root.

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Does Human Capital Cause Economic Growth In Egypt?, Iman Mohamed Fouad Mohamed Nov 1997

Does Human Capital Cause Economic Growth In Egypt?, Iman Mohamed Fouad Mohamed

Archived Theses and Dissertations

No abstract provided.

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Seventh Lecture Seminar On Marx, Keynes And Kalecki Walras’S Law, Anwar Shaikh Phd Oct 1997

Seventh Lecture Seminar On Marx, Keynes And Kalecki Walras’S Law, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the seventh lecture, Seminar on Marx, Keynes, and Kalecki (October 30, 1997): Walras's law.

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Sixth Lecture Seminar On Marx, Keynes & Kalecki Structure Of The Basic Neoclassical Model (Cont.), Anwar Shaikh Phd Oct 1997

Sixth Lecture Seminar On Marx, Keynes & Kalecki Structure Of The Basic Neoclassical Model (Cont.), Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the sixth lecture, Seminar on Marx, Keynes, and Kalecki (October 23, 1997): Structure of the basic neoclassical model (cont.).

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Crop System Diversity: Historical Perspective And Current Policies, Thomas L. Dobbs, Linda M. Dumke Oct 1997

Crop System Diversity: Historical Perspective And Current Policies, Thomas L. Dobbs, Linda M. Dumke

Economics Commentator (1972- 2016)

No abstract provided.

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Fifth Lecture Seminar On Marx, Keynes And Kalecki Structure Of The Basic Neoclassical Model, Anwar Shaikh Phd Oct 1997

Fifth Lecture Seminar On Marx, Keynes And Kalecki Structure Of The Basic Neoclassical Model, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the fifth lecture, Seminar on Marx, Keynes, and Kalecki (October 16, 1997): Structure of the basic neoclassical model.

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Fourth Lecture, Marx, Keynes & Kalecki, An Overview Of The Theory Of Prices, Anwar Shaikh Phd Oct 1997

Fourth Lecture, Marx, Keynes & Kalecki, An Overview Of The Theory Of Prices, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the fourth lecture, Seminar on Marx, Keynes, and Kalecki (October 9, 1997): an overview of the theory of prices.

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Euro-Psychology: When Money Is More Than Money, Ibpp Editor Oct 1997

Euro-Psychology: When Money Is More Than Money, Ibpp Editor

International Bulletin of Political Psychology

This article describes some psychological roles of money and the import of these roles for domestic and international economics. The coming of the euro is used as an example.

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The Income Gap In Cognitive Skills In Rural Pakistan, Harold Alderman, Jere R. Behrman, Shahrukh Khan, David R. Ross, Richard Sabot Oct 1997

The Income Gap In Cognitive Skills In Rural Pakistan, Harold Alderman, Jere R. Behrman, Shahrukh Khan, David R. Ross, Richard Sabot

Economics Faculty Research and Scholarship

No abstract provided.

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Redefining The Role Of Public Sector Undertakings: The Case Of Iti, S S Motial Oct 1997

Redefining The Role Of Public Sector Undertakings: The Case Of Iti, S S Motial

IIMB Management Review

In keeping with the economic climate, the Government of India changed its long standing industrial policy in 1991, allowing the private sector into areas earlier reserved for public sector units. Telecom equipment manufacture was also thrown open to the private sector, thus ending the monopoly of the protected ITI, the country's oldest PSU. The company suffered heavy losses and in 1996-97, was declared potentially sick. However, rigorous turn-around strategies brought ITI back on its feet by the end of fiscal 1997. Along with an account of ITI's valiant fight back, a new role for PSUs in the changed environment is …

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Seminar On Marx, Keynes And Kalecki - Table Of Contents, Anwar Shaikh Phd Oct 1997

Seminar On Marx, Keynes And Kalecki - Table Of Contents, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes a listing of the classes and topics that comprised the seminar on Marx, Keynes, and Kalecki.

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India’S Software Industry: By Richard Heeks, New Delhi: Sage Publications,1997., V Balakrishnan Oct 1997

India’S Software Industry: By Richard Heeks, New Delhi: Sage Publications,1997., V Balakrishnan

IIMB Management Review

No abstract provided.

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Corporate Governance In India: Disciplining The Dominant Shareholde, Jayanth Rama Varma Oct 1997

Corporate Governance In India: Disciplining The Dominant Shareholde, Jayanth Rama Varma

IIMB Management Review

Corporate governance problems in India are very different from that of, say, the US or the UK where the issue is essentially that of disciplining the management who have ceased to be effectively accountable to their owners. The problem of the Indian corporate sector is that of disciplining the dominant shareholder and protecting the minority shareholders. The role of two such disciplining forces - the regulator and the capital market has been discussed.

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Endnotes: About Composite Economic Indexes, Alan Clayton-Matthews Oct 1997

Endnotes: About Composite Economic Indexes, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

Just as there are different motivations for wanting to know the weather, there are different motivations for wanting to know current, past, and future economic conditions. A firm or a government agency whose revenues or tax receipts depend on the level of economic activity needs to be able to plan budgets accordingly. Others, such as the Federal Reserve System and financial analysts, need to make decisions based on the state of the economy. An economist needs to know the “facts” about the economy before explaining them.

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Economic Currents: The State Of The State Economy, Alan Clayton-Matthews Oct 1997

Economic Currents: The State Of The State Economy, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

The current economic situation in Massachusetts, like the nation, is healthy. Employment, income, and output growth are strong, and inflation is low. Over the last 12 months ending in July 1997, non-agricultural payroll employment (referred to below as “employment”) grew 2.3 percent. At this rate, the peak employment of December 1988 will be surpassed by the end of this winter. The unemployment rate has been hovering at or below 4 percent for several months, a rate not experienced since 1989. Monthly initial unemployment insurance claims averaged 28,500 over the last 12 months, down from an average 31,400 a year earlier, …

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Preliminary Evidence On Impacts Of Active Labor Programs In Hungary And Poland, Christopher J. O'Leary Oct 1997

Preliminary Evidence On Impacts Of Active Labor Programs In Hungary And Poland, Christopher J. O'Leary

Upjohn Institute Working Papers

To ease the hardship associated with worker dislocation and to maintain social stability during the transition to markets, the governments of Hungary and Poland provide labor force members with unemployment compensation and a variety of active labor programs (ALPs). Follow-up surveys of participants in retraining, public works, wage subsidies, self-employment, and comparison groups were done in Hungary and Poland in early 1997. Preliminary analysis suggests positive net impacts for most ALPs and additive benefits from the use of the employment service in both countries. Strong evidence of nonrandom assignment to programs means that great care should be used in interpreting …

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The Use Of Profiling To Target Services In State Welfare-To-Work Programs: An Example Of Process And Implementation, Randall W. Eberts Oct 1997

The Use Of Profiling To Target Services In State Welfare-To-Work Programs: An Example Of Process And Implementation, Randall W. Eberts

Upjohn Institute Working Papers

The purpose of this paper is to provide preliminary information about the design of a pilot project to test the efficacy of profiling and referring welfare-to-work participants. Welfare reform requires welfare recipients, with few exceptions, to participate in work activities and ultimately become economically self-sufficient. Welfare recipients possess a wide variation in job readiness skills, ranging from those who are ready and able to work to those who face significant barriers to employment. The challenge of the local administrator of welfare-to-work programs is to target services to those who need them the most. Yet, most programs provide the same services …

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The Role Of Small Business: A Tale Of Two Cities, George A. Erickcek Oct 1997

The Role Of Small Business: A Tale Of Two Cities, George A. Erickcek

Employment Research Newsletter

No abstract provided.

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School-To-Work: Promise And Effectiveness, Kevin Hollenbeck Oct 1997

School-To-Work: Promise And Effectiveness, Kevin Hollenbeck

Employment Research Newsletter

No abstract provided.

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