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Full-Text Articles in Social and Behavioral Sciences

Vol. 19 No. 1 (1996): Pacific Studies Front Matter, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies Mar 1996

Vol. 19 No. 1 (1996): Pacific Studies Front Matter, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Pacific Studies is published two times a year by The Jonathan Nāpela Center for Hawaiian and Pacific Studies, Brigham Young University Hawai‘i #1979, 55–220 Kulanui Street, Lāʻie, Hawai‘i 96762, but responsibility for opinions expressed in the articles rests with the authors alone. Subscription rate is US$40.00 yearly, payable to The Jonathan Nāpela Center for Hawaiian and Pacific Studies. The Jonathan Nāpela Center for Hawaiian and Pacific Studies (formerly The Pacific Institute) is an organization funded by Brigham Young University Hawai‘i. The Center assists the University in meeting its cultural and educational goals by undertaking a program of teaching, research, and …

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What Is The Value Of Scientific Knowledge? An Application To Global Warming Using The Price Model, William D. Nordhaus, David Popp Mar 1996

What Is The Value Of Scientific Knowledge? An Application To Global Warming Using The Price Model, William D. Nordhaus, David Popp

Cowles Foundation Discussion Papers

Governments must cope with the enormous uncertainties about both future climate change as well as the costs and benefits of slowing climate change. This study analyses the value of improved information about a variety of geophysical and economic processes. The value of information is estimated using the “PRICE model” which is a probabilistic extension of earlier models of the economics of global warming. The study uses five different approaches to estimating the value of information about all uncertain parameters and about individual parameters. It is estimated that the value of early information is between $1.5 and $2 billion for each …

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An Asymptotic Expansion In The Garch(1,1) Model, Oliver B. Linton Mar 1996

An Asymptotic Expansion In The Garch(1,1) Model, Oliver B. Linton

Cowles Foundation Discussion Papers

We develop order T -1 asymptotic expansions for the quasi-maximum likelihood estimator (QMLE) and a two step approximate QMLE in the GARCH(1,1) model. We calculate the approximate mean and skewness and hence the Edgeworth-B distribution function. We suggest several methods of bias reduction based on these approximation.

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Labour Law, Work And Development: Essays In Honour Of P G Krishnan. Edited By : Debi S Saini. Westvill Publishing House, 1995., B R Patil Mar 1996

Labour Law, Work And Development: Essays In Honour Of P G Krishnan. Edited By : Debi S Saini. Westvill Publishing House, 1995., B R Patil

IIMB Management Review

This book has been published in honour of Prof P Gopala Krishnan, a renowned professor of law. It consists of ten essays grouped under four heads. Four of these essays relate to organised labour and industry, while the remaining deal with the problems of unorganised and rural labour. 

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An Empirical Analysis Of The Prices Of Nigeria's Agricultural Export Commodities, Grace O. Evbuomwan Mar 1996

An Empirical Analysis Of The Prices Of Nigeria's Agricultural Export Commodities, Grace O. Evbuomwan

Economic and Financial Review

The study examines the role of price incentives in expanding agricultural commodity exports. Using the concept of efficiency, based on the theory of opportunity cost, nominal and effective protection coefficients (NPC & EPC) were estimated for cocoa, coffee, cotton, palm kernel, palm oil, rubber and soyabean. Their world market prices served as the efficiency benchmarks in order to determine the pattern of incentives or disincentives to the Nigerian agricultural export sector. The NPC values obtained ranged from 0.47 for cotton to I. I 8 for soyabean pre-Structural Adjustment Programme (SAP) and during the SAP the values ranged from 0. 63 …

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Economic Growth And Foreign Debt: A Case Study Of Nigeria, J. O. Ashinze, E. A. Onwioduokit Mar 1996

Economic Growth And Foreign Debt: A Case Study Of Nigeria, J. O. Ashinze, E. A. Onwioduokit

Economic and Financial Review

In this study, a macro-economic model is used to examine the relationship between external debt and economic growth in Nigeria. The study has established empirically that foreign credit only contributed positively to growth between 1988 and /992 when the resources mobilized externally were used in directly productive activities. However, between 1979 and /987 as well as the period /993-/994, there was a negative relationship between foreign capital and growth. Among other factors, policy inconsistencies, drying up of external assistance and political instability were identified as the main factors that militated against foreign credit-induced growth of the Nigerian economy.

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On Early Warning Models For The Identification Of Problem Banks In Nigeria, Sani I. Doguwa Mar 1996

On Early Warning Models For The Identification Of Problem Banks In Nigeria, Sani I. Doguwa

Economic and Financial Review

This paper proposes alternative early warning models which could be helpful in identifying problem banks in Nigeria. The models rely on the /ogit-analytic technique and the use of financial ratios derived from the monthly returns the licensed banks render to both the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC). The two separate models, each developed for commercial and merchant bank, are more efficient in that they drastically reduced the mis-classification errors inherent in other failure prediction models developed in the past. To illustrate the applications of the models for policy, an appraisal of the financial condition …

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Further Empirical Analysis Of Inflation In Nigeria, O. M. Fakiyesi Mar 1996

Further Empirical Analysis Of Inflation In Nigeria, O. M. Fakiyesi

Economic and Financial Review

This paper analyses the main factors which influence inflation in Nigeria with a view to determining the relevant policy instruments that will reduce it. The empirical analysis confirms the findings of earlier studies that monetary expansion significantly influences the rate of inflation in Nigeria. The other dominant factor is the exchange rate which has a significant and positive impact on inflation. Growth in real income and level of rainfall are also significant in explaining inflation in Nigeria.

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Reducing The Welfare Dependence Of Single-Mother Families: Health-Related Employment Barriers And Policy Responses, Jean Kimmel Mar 1996

Reducing The Welfare Dependence Of Single-Mother Families: Health-Related Employment Barriers And Policy Responses, Jean Kimmel

Upjohn Institute Working Papers

The problem of rising health care costs and the related increased dependency on health insurance coverage has moved to the forefront of the U.S. policy agenda in recent years and was a fundamental component of President Clinton's 1992 campaign platform. However, the President's 1994 health care reform proposal was unsuccessful, and current GOP proposals to cut the rate of growth of Medicare and Medicaid spending while the eligible population and costs both continue to grow fail to address the problem of coverage. In fact, one likely side effect of the cost-shifting to private insurance carriers will be to increase the …

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Market Mechanisms And Consumer Involvement In The Delivery Of Mental Health Services: A Uk-Us Comparison, Wes Shera Mar 1996

Market Mechanisms And Consumer Involvement In The Delivery Of Mental Health Services: A Uk-Us Comparison, Wes Shera

The Journal of Sociology & Social Welfare

Both the United Kingdom and the United States Are in the midst of health care reform. By focusing on services for the severely mentally ill this paper compares recent developments in managed care in the U.S. and care management in the U.K. It particularly focuses on the use of market mechanisms and consumer involvement in these reforms.

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Refugee Resettlement In The United States: Implications For International Social Welfare, Miriam Potocky Mar 1996

Refugee Resettlement In The United States: Implications For International Social Welfare, Miriam Potocky

The Journal of Sociology & Social Welfare

An analysis of U.S. refugee resettlement policy reveals approaches that do not address several root causes of resettlement difficulties: cultural differences, post-traumatic stress disorder, and discrimination by the host culture. Several recommendations are made for policy improvements, and suggestions for the future of international social welfare are presented.

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Cho Tae-Hyon: "Foreign Direct Investment In Korea: Recent Trends And Changes To Improve The Investment Environment", Korea Exchange Bank Quarterly, First Quarter, 1995, Vol. Xxx, No. 1, N. C. Oputa Mar 1996

Cho Tae-Hyon: "Foreign Direct Investment In Korea: Recent Trends And Changes To Improve The Investment Environment", Korea Exchange Bank Quarterly, First Quarter, 1995, Vol. Xxx, No. 1, N. C. Oputa

Economic and Financial Review

Korea opened its doors to foreign investors in 1962 to raise capital for economic development. As at end-1994, the total accumulated volume of Korea's Foreign Direct Investment (FOI) on an approved basis amounted to US $12,525 million financing 4,709 projects. The conclusion of the Uruguay round and the establishment of the World Trade Organisation (WTO) which linked the global economy to free flows of trade and investment, are new challenges facing Korea in the search for ways to cope with the emerging era of unlimited competition. Tae-Hyon's paper attempts to review the trends in FDI and the recent incentives to …

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Vol. 19 No. 1 (1996): Pacific Studies Full Issue, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies Mar 1996

Vol. 19 No. 1 (1996): Pacific Studies Full Issue, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Pacific Studies is published two times a year by The Jonathan Nāpela Center for Hawaiian and Pacific Studies, Brigham Young University Hawai‘i #1979, 55–220 Kulanui Street, Lāʻie, Hawai‘i 96762, but responsibility for opinions expressed in the articles rests with the authors alone. Subscription rate is US$40.00 yearly, payable to The Jonathan Nāpela Center for Hawaiian and Pacific Studies. The Jonathan Nāpela Center for Hawaiian and Pacific Studies (formerly The Pacific Institute) is an organization funded by Brigham Young University Hawai‘i. The Center assists the University in meeting its cultural and educational goals by undertaking a program of teaching, research, and …

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New Trends In Micronesian Migration: Fsm Migration To Guam And The Marianas, 1990-1993, Francis X. Hezel, S. J., Michael J. Levin Mar 1996

New Trends In Micronesian Migration: Fsm Migration To Guam And The Marianas, 1990-1993, Francis X. Hezel, S. J., Michael J. Levin

Pacific Studies

No abstract provided.

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Ruthless Prepayment? Evidence From Multifamily Mortgages, James R. Follain, Jan Ondrich, Gyan P. Sinha Mar 1996

Ruthless Prepayment? Evidence From Multifamily Mortgages, James R. Follain, Jan Ondrich, Gyan P. Sinha

Center for Policy Research

Estimates of a prepayment function for multifamily mortgages are reported in this paper. These are among the first attempts to estimate such a function; most previous work along these lines focuses on single family mortgages. A further distinguishing aspect of the paper is its attempt to incorporate the impact of unobservable factors on the mortgage refinancing decision. A variant of the maximum likelihood procedure first developed by Meyer (1987) is employed. The results indicate an overall positive duration dependence for the conditional prepayment rate. The estimated response of prepayments to a change in the market rate of interest is significant …

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The Impact Of Market Economy Transition On Social Security And Social Welfare In Poland, Morgan A. Tracy, Martin B. Tracy Mar 1996

The Impact Of Market Economy Transition On Social Security And Social Welfare In Poland, Morgan A. Tracy, Martin B. Tracy

The Journal of Sociology & Social Welfare

The development of certain facets of Poland's social protection system since the collapse of state socialism in 1989 is analyzed using a comparative policy process analysis model. Particulara ttention is given to the programs of social assistance, child-care and family benefits, and old-age pensions in the Polish context. On the basis of the analysis it is argued that policy makers should give greater consideration to Poland's unique historical and cultural experience relative to addressing social issues.

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The Marginalization Of Social Welfare In Developing Countries: The Relevance Of Theories Of Social Policy Development, Kwong-Leung Tang Mar 1996

The Marginalization Of Social Welfare In Developing Countries: The Relevance Of Theories Of Social Policy Development, Kwong-Leung Tang

The Journal of Sociology & Social Welfare

Social welfare development has been marginalized in many developing countries. This study examines the social policies of developing countries and refers to four major theories of social policy development (social conscience, modernization, dependency and diffusion) to see if they offer an explanation of the phenomenon. It is argued that dependency theory and diffusion theory provide better interpretations than the other two theories. The paper shows how theories of social policy have international relevance in explaining current trends in social welfare.

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Equality And Family Policy In International Perspective: Toward A Feminist Theory Of The State, Patricia Spakes Mar 1996

Equality And Family Policy In International Perspective: Toward A Feminist Theory Of The State, Patricia Spakes

The Journal of Sociology & Social Welfare

This three country comparison uses case studies of family policy in Britain, Canada and the US to explain how governments utilize family policies to maintain patriarchal systems and to promote labor force and economic goals. The paper examines how equality/difference theories are applied in family policy. Propositions are developed in order to provide a basis for developing new approaches to family policy based on gender equality.

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Deforestation And Rural Poverty In Developing Countries: The Role Of Social Work, Shanta Pandey Mar 1996

Deforestation And Rural Poverty In Developing Countries: The Role Of Social Work, Shanta Pandey

The Journal of Sociology & Social Welfare

To alleviate rural poverty most developing countries have been launching a wide variety of rural development activities. In this paper I discuss the relationship between deforestation and rural poverty, policies governing reforestation initiatives and the role of social workers in these efforts. The paper argues for and illustrates the various roles social workers can play in development programs to alleviate rural poverty in developing countries.

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Technology Transfer And Integrated Social Development: International Issues And Possibilities For Social Work, James O. Billups,, Maria C. Julia, Mar 1996

Technology Transfer And Integrated Social Development: International Issues And Possibilities For Social Work, James O. Billups,, Maria C. Julia,

The Journal of Sociology & Social Welfare

Technology transfer and integrated social development are closely linked aspects of social work practice that deserve more serious attention than they have received to date. Social workers need to play more knowledgeable and active roles in utilizing a broad-scale partnership model that will help communities and societies screen and adapt technologies so that they can be appropriately integrated with people's values, culture, concerns and aspirations. Everyone should ultimately benefit if the poor and disempowered peoples of the world in particular become the primary focus and the beneficiaries of less arrogant and more inclusive strategies of technology transfer. The aim of …

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Sustainable Development And Social Development: Necessary Partners For The Future, Joyce M. Kramer, Claude D. Johnson Mar 1996

Sustainable Development And Social Development: Necessary Partners For The Future, Joyce M. Kramer, Claude D. Johnson

The Journal of Sociology & Social Welfare

This paper highlights the finite limits of global resources, the rapid global changes that are occurring, and the authors' concerns about the failure of the world community to come to grips with global problems. Major impediments to achieving global sustainability and social development are discussed and suggestions are presented for remedial strategies to redirect society along a more equitable and sustainable future path.

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Is This The Healthiest Economy In Three Decades?, Murray L. Weidenbaum Mar 1996

Is This The Healthiest Economy In Three Decades?, Murray L. Weidenbaum

Murray Weidenbaum Publications

The same people who would not admit a real economic recovery was underway in 1992 are reluctant to acknowledge that this same recovery is now old and tired in 1996. Only 31% pf the adult population is satisfied with the economy. Over one-half of Americans believe that the country is "headed in the wrong direction." For the most part, the data support these sentiments, from slowed GDP and productivity growth to increased worker insecurity. Policymakers need to take their own Hippocratic oath: First, do no harm. At the same time, they cannot sit idly by either.

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Government Regulation And Medium-Sized Business, Murray L. Weidenbaum Mar 1996

Government Regulation And Medium-Sized Business, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper attempts to analyze government regulation across the size spectrum, arguing in favor of market policies over government intrusion.

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Explaining The Labor Force Participation Of Women 20-24, Ray C. Fair, Diane J. Macunovich Mar 1996

Explaining The Labor Force Participation Of Women 20-24, Ray C. Fair, Diane J. Macunovich

Cowles Foundation Discussion Papers

Between about the mid 1960s and the late 1970s there was a remarkable rise in the labor force participation of women and then a leveling off that has persisted through the mid 1990s. This paper attempts to explain the labor force participation of women 20-24 over this period. A “relative income” variable is constructed based on Easterlin’s (1980) relative income hypothesis, and this is found to be an important explanatory variable. Easterlin’s “cohort wage” hypothesis is also used in the analysis. The basic equation estimated does very well in various tests that were performed on it, and it appears to …

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Why Do People Dislike Inflation?, Robert J. Shiller Mar 1996

Why Do People Dislike Inflation?, Robert J. Shiller

Cowles Foundation Discussion Papers

A questionnaire survey was conducted to explore how people think about inflation, and what real problems they see it as causing. With results from 677 people, comparisons were made among people in the U.S., Germany, and Brazil, between young and old, and between economists and non-economists. Among non-economists in all countries, the largest concern with inflation appears to be that it lowers people’s standard of living. Non-economists appear often to believe in a sort of sticky-wage model, by which wages do not respond to inflationary shocks, shocks which are themselves perceived as caused by certain people or institutions acting badly. …

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New Mexico Labor Market Review 02-29-1996, New Mexico Department Of Labor Feb 1996

New Mexico Labor Market Review 02-29-1996, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers January 1996.

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Testimony Prepared For Public Hearings On Development Of A Statewide School-To-Work System, Kevin Hollenbeck Feb 1996

Testimony Prepared For Public Hearings On Development Of A Statewide School-To-Work System, Kevin Hollenbeck

Testimonies

No abstract provided.

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Cattle Trends: Review And Where We Are Going; Volatile Spring Market Expected, Gene Murra, Richard Shane Feb 1996

Cattle Trends: Review And Where We Are Going; Volatile Spring Market Expected, Gene Murra, Richard Shane

Economics Commentator (1972- 2016)

No abstract provided.

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Economic Analysis Of The Greater South Haven Area: Choices & Consequences, George A. Erickcek, Christine R. Fahndrich Feb 1996

Economic Analysis Of The Greater South Haven Area: Choices & Consequences, George A. Erickcek, Christine R. Fahndrich

Reports

No abstract provided.

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Political Involvement In Transition: Who Participated, And Electoral Dynamics, In Central And Eastern Europe?, David S. Mason, James R. Kluegel Feb 1996

Political Involvement In Transition: Who Participated, And Electoral Dynamics, In Central And Eastern Europe?, David S. Mason, James R. Kluegel

Scholarship and Professional Work - LAS

Using surveys conducted in 1991, this paper examines the sociodemographic, experiential and ideological determinants of nonelectoral and electoral political participation in eight postcommunist states of eastern Europe, with comparisons to Germany and the United States. Comparing the postcommunist states to the capitalist ones, we find the determinants of participation in the former largely conform to the patterns in the west, with education playing an especially large role. In the postcommunist states, we found that youth, political anger and antisocialist ideology were important determinants of political protest and party sympathy, but not of the decision to vote in the initial elections. …

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