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Full-Text Articles in Social and Behavioral Sciences

Optimal Sterilization Policies In Interdependent Economies, Joseph P. Daniels Jan 1997

Optimal Sterilization Policies In Interdependent Economies, Joseph P. Daniels

Economics Faculty Research and Publications

In this paper, a two-country leader-follower model with imperfect asset substitution is used to derive the optimal sterilization coefficients for two-country flexible and fixed exchange rate regimes. It is found that, in general, incomplete sterilization is optimal. However, both the origin and the type of macroeconomic shocks the economies experience are important in determining the appropriate degree of sterilization. We also find that sterilization policies have spill-over effects (strategic complements) in both cases. Thus, in a competitive policy-making environment, greater sterilization by one country leads to greater sterilization by the other country. Further, the impact of increasing capital market integration …

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Highway Infrastructure: Policy Issues For Regions, Randall W. Eberts Jan 1997

Highway Infrastructure: Policy Issues For Regions, Randall W. Eberts

External Papers and Reports

No abstract provided.

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Earnings Trends Among Men In Albuquerque - 1979-1989, Selim Demusaj Jan 1997

Earnings Trends Among Men In Albuquerque - 1979-1989, Selim Demusaj

Historic Publications

This master's thesis analyzes changes in earnings among White and Hispanic men in Albuquerque between 1979 and 1989, finding declines in real earnings alongside growing wage inequality. Using census microdata, the study examines the effects of education, labor market experience, industry, occupation, and demographic factors on earnings trends and disparities.

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Restating Capitalization Standards And Rules: The Case For "Rough Justice" Regulations (Part One), John W. Lee, Eldridge Blanton, Veena Luthra, Glenn Walberg, Darryl Whitesell Jan 1997

Restating Capitalization Standards And Rules: The Case For "Rough Justice" Regulations (Part One), John W. Lee, Eldridge Blanton, Veena Luthra, Glenn Walberg, Darryl Whitesell

Faculty Publications

No abstract provided.

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Price Theory And Vertical Restraints: A Misunderstood Relation, Alan J. Meese Jan 1997

Price Theory And Vertical Restraints: A Misunderstood Relation, Alan J. Meese

Faculty Publications

The Chicago School of antitrust analysis has exerted a strong influence over the law of vertical restraints in the past two decades, leading the Supreme Court to abandon much of its traditional hostility toward such agreements. Chicago's success has provoked a vigorous response from Populists, who support the traditional approach. Chicago, Populists claim, has improperly relied upon neoclassical price theory to inform the normative and descriptive assumptions that drive its analysis of trade restraints generally and of vertical restraints in particular. This reliance is misplaced, Populists assert, because the real world departs from that portrayed by price-theoretic models and, at …

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Harmonisation Of Certain Rules Relating To The Mortgages And Maritime Liens In Slovakia With International Standards, Matej Dostal Dec 1996

Harmonisation Of Certain Rules Relating To The Mortgages And Maritime Liens In Slovakia With International Standards, Matej Dostal

World Maritime University Dissertations

The dissertation is a study of ship mortgages as a means of ship financing and maritime liens being closely linked with and affecting this banking security. It is based on investigation of legislation governing maritime liens and mortgages in legal systems of different developed maritime nations and three international conventions dealing with these matters. The first part of the second chapter briefly outlines the possibilities of ship financing, showing that mortgage loans are still broadly used and very much preferred. The second part compares the differences between mortgages in the common law system and hypothecs in the civil law system, …

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New Mexico Labor Market Review 12-31-1996, New Mexico Department Of Labor Dec 1996

New Mexico Labor Market Review 12-31-1996, New Mexico Department Of Labor

Historic Publications

This issue of the New Mexico Labor Market Review presents November 1996 employment, unemployment, wage, and economic activity data for New Mexico, its counties, and metropolitan areas.

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Milk Prices Coming Down; 1996 Grain Prices In Review; 1996 - A Mixed Year For South Dakota Livestock Producers, Donald Peterson, Alan May, Gene Murra Dec 1996

Milk Prices Coming Down; 1996 Grain Prices In Review; 1996 - A Mixed Year For South Dakota Livestock Producers, Donald Peterson, Alan May, Gene Murra

Economics Commentator (1972- 2016)

No abstract provided.

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New Mexico Economy: Review And Outlook For 1997, University Of New Mexico Bureau Of Business And Economic Research Dec 1996

New Mexico Economy: Review And Outlook For 1997, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

The report contains an overview of the economic situation in the twelve New Mexico' Plains Electric cooperative service territories.

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Pre-Commitment Vs. Flexibility : Uncertainty And Distribution Reform In P.R. China, Kong Wing, Clement Chow Dec 1996

Pre-Commitment Vs. Flexibility : Uncertainty And Distribution Reform In P.R. China, Kong Wing, Clement Chow

Hong Kong Institute of Business Studies Working Paper Series

The Chinese economic reform is remarkably different from the East European reforms in which the Chinese model emphasizes competition over privatization. This paper explains why the Chinese distribution reform is successful, although the Chinese government has made no attempt in privatizing her inefficient state-owned enterprises. By extending Coughlan's (1 985) price competition model to endogenize the pre-commitment versus flexibility decision, it is shown that reducing uncertainty can encourage enterprises to pre-commit their investment which allows further development of the retail sectors. This results supports the gradual pace of distribution reform policy of China. By contrast, the 'renolutionary' East European model …

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Central Bank Of Nigeria Statistical Bulletin, December 1996, Central Bank Of Nigeria Dec 1996

Central Bank Of Nigeria Statistical Bulletin, December 1996, Central Bank Of Nigeria

CBN Statistical Bulletin

Financial data is compiled from documents like balance sheets and financial statements to meet legal and administrative requirements, rather than economic analysis. The Finance and Accounts Department prepares the CBN accounting balance sheet data for the Research Department, while the Financial Statistics Office compiles the analytical CBN balance sheet. Monetary authorities and deposit money banks consolidate accounts to produce monetary survey accounts. Monthly interest rate returns compute weighted average lending and deposit interest rates, and deposit rates are computed for various maturities. Clearing house statistics show the number and value of cheques cleared within the commercial banking system, reflecting the …

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Exploring Social Polarization In Jefferson County, Kentucky: An Analytical Approach, Jason Finley Dec 1996

Exploring Social Polarization In Jefferson County, Kentucky: An Analytical Approach, Jason Finley

Masters Theses & Specialist Projects

The purpose of this study is to explore the processes of social polarization, an increasing gap between the rich and poor, in Jefferson County, Kentucky, to determine the spatial characteristics involved and to investigate useful methodological tools. I argue that social polarization processes are evident in Jefferson County, and I attempt to describe and analyze the emerging spatial characteristics of polarization in the study area. The study area comprises the thirteen market areas of Jefferson County, which were broken down into 3 socioeconomic regions based on the natural breaks of market area median household income. Each market area is analyzed …

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The Low-Income Consumer By Alwitt Linda F And Donley Thomas D. California, Sage, 1996., Mithileshwar Jha Dec 1996

The Low-Income Consumer By Alwitt Linda F And Donley Thomas D. California, Sage, 1996., Mithileshwar Jha

IIMB Management Review

The book under review focuses on the low income group or the poor as consumers. The low income consumer in general is neglected by commercial marketers as well as marketing academics. Even politicians who glorify the poor for their own ends tend to ignore them, especially when it comes to looking at their standards of living and their existence as consumers. However, the sheer number of the low-income category, even in the context of developed economies such as the US, makes them a formidable group. With growing education, awareness and efforts of social organisations and activists, low income consumers have …

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Whatever Happened To The Stock Markets, R Vaidyanathan Dec 1996

Whatever Happened To The Stock Markets, R Vaidyanathan

IIMB Management Review

No abstract provided.

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Reflections Of An Executive Turned Entrepreneur: Interview With R. Subramaniam, S Venkatesh Dec 1996

Reflections Of An Executive Turned Entrepreneur: Interview With R. Subramaniam, S Venkatesh

IIMB Management Review

Interview with R. Subramaniam, one of the founder and vice chairman of Sterling Holiday Resorts

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Utah's Transportation Solution: Future Vision, Bryan Ray Farris Dec 1996

Utah's Transportation Solution: Future Vision, Bryan Ray Farris

Undergraduate Honors Capstone Projects

In the vision statement for the future of the State of Utah drafted by the Utah Tomorrow Committee one of the primary objectives outlined is to “Build a statewide economy and infrastructure that supports a broad spectrum of opportunity for all citizens while advancing the standard of living and maintaining a high quality of life.” This statement has been reiterated by many over the last several years as the state continues to grow, experiencing along with that growth many pains along the way.

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Managing Job Change, G T Jejurikar Dec 1996

Managing Job Change, G T Jejurikar

IIMB Management Review

No abstract provided.

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The Generalized War Of Attrition, Jeremy I. Bulow, Paul D. Klemperer Dec 1996

The Generalized War Of Attrition, Jeremy I. Bulow, Paul D. Klemperer

Cowles Foundation Discussion Papers

We generalize the War of Attrition model to allow for N + K firms competing for N prizes. Two special cases are of particular interest. First, if firms continue to pay their full costs after dropping out (as in a standard-setting context), each firm’s exit time is independent both of K and of the actions of other players. Second, in the limit in which firms pay no costs after dropping out (as in a natural-oligopoly problem), the field is immediately reduced to N + 1 firms. Furthermore, we have perfect sorting, so it is always the K -1 lowest-value players …

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Household Saving: Micro Theories And Micro Facts, Martin Browning, Annamaria Lusardi Dec 1996

Household Saving: Micro Theories And Micro Facts, Martin Browning, Annamaria Lusardi

Dartmouth Scholarship

In this survey, we review the recent theoretical and empirical literature on household saving and consumption. The discussion is structured around a list of motives for saving and how well the standard theory captures these motives. We show that almost all of the motives for saving that have been suggested in the informal saving literature can be captured in the standard optimizing model. Particular attention is given to recent work on the precautionary motive and its implications for saving and consumption behavior. We also discuss the "behavioral" or "psychological" approach that eschews the use of standard optimization techniques and focuses …

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The Women At Kobum Spice Company: Tensions In A Local Age Stratification System And The Undermining Of Local Development, Laura Zimmer-Tamakoshi Dec 1996

The Women At Kobum Spice Company: Tensions In A Local Age Stratification System And The Undermining Of Local Development, Laura Zimmer-Tamakoshi

Pacific Studies

No abstract provided.

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Promises Promises, John Geanakoplos Dec 1996

Promises Promises, John Geanakoplos

Cowles Foundation Discussion Papers

In the classical general equilibrium model, agents keep all their promises, every good is traded, and competition prevents any agent from earning superior returns on investments in financial markets. In this paper I introduce the age-old problem of broken promises into the general equilibrium model, and I find that a new market dynamic emerges. Given the legal system and institutions, market forces of supply and demand will establish the collateral levels which are required to secure promises. Since physical collateral will typically be scarce, these collateral levels will be set so low that there is bound to be some default. …

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Popluation Levels And Trends In Nine Nm _Dec 1996, Adelamar Alcantara Dec 1996

Popluation Levels And Trends In Nine Nm _Dec 1996, Adelamar Alcantara

BBER Publications

This report analyzes historical and projected population trends in nine New Mexico water planning regions from 1960 through 2060. Using demographic projections based on fertility, mortality, migration, and economic conditions, the study evaluates long-term growth patterns affecting regional water planning, with particular emphasis on rapidly growing metropolitan regions such as the Albuquerque area and slower-growing rural and energy-dependent regions.

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Population Levels And Trends In The Nine New Mexico Water Planning Regions 1960-2060, University Of New Mexico Bureau Of Business And Economic Research Dec 1996

Population Levels And Trends In The Nine New Mexico Water Planning Regions 1960-2060, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

A report that gives population projections and economic outlook for water planning regions in New Mexico.

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New Mexico Labor Market Review 11-30-1996, New Mexico Department Of Labor Nov 1996

New Mexico Labor Market Review 11-30-1996, New Mexico Department Of Labor

Historic Publications

This issue of the New Mexico Labor Market Review presents October 1996 employment, unemployment, wage, and economic activity data for New Mexico, its counties, and metropolitan areas.

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Question: What Can Be Done To Promote Inner City Development? Answer: Focus On Labor Demand Policies To Increase Employment Of The Poor, Timothy J. Bartik Nov 1996

Question: What Can Be Done To Promote Inner City Development? Answer: Focus On Labor Demand Policies To Increase Employment Of The Poor, Timothy J. Bartik

Testimonies

No abstract provided.

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Overview Of Economic Situation In Plains Electric Cooperative Service Territories, University Of New Mexico Bureau Of Business And Economic Research Nov 1996

Overview Of Economic Situation In Plains Electric Cooperative Service Territories, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

The report contains an overview of the economic situation in the twelve New Mexico' Plains Electric cooperative service territories.

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Economic Situation In Plains Electric_11-22-1996, University Of New Mexico Bureau Of Business And Economic Research Nov 1996

Economic Situation In Plains Electric_11-22-1996, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

This report contains an overview of the recent economic Situation in the twelve New Mexico. Plains Electric cooperative service territories.

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A Community Divided: Coping With A Locally Unwanted Land Use, Robert H. Hamblen Nov 1996

A Community Divided: Coping With A Locally Unwanted Land Use, Robert H. Hamblen

Muskie School Capstones and Dissertations

Locally Unwanted Land Uses constitute a phenomenon peculiar to twentieth century industrialized countries. LULUs, as they have become known, are a facility or development that is perceived by citizens, communities, regions, or states as undesireable, so much so that effort and resources sufficient to end the threat of the facility being built in a location that will significantly impact those citizens, communities, regions, or states will be expended. This scenario has been replayed time and again in the country and others, in response to uses such as halfway houses, generating plants, and landfills.

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Increased Hog Production In South Dakota: One Possible Solution - Contracting, Gene Murra Nov 1996

Increased Hog Production In South Dakota: One Possible Solution - Contracting, Gene Murra

Economics Commentator (1972- 2016)

No abstract provided.

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Comments On Papers By Michael Wasylenko And Ronald Fisher, Timothy J. Bartik Nov 1996

Comments On Papers By Michael Wasylenko And Ronald Fisher, Timothy J. Bartik

Conference Papers

No abstract provided.

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