Social and Behavioral Sciences Commons^™

The Impact Of Work History On Economic Security At Old Age Among Africans In South Africa, Martha Tshitshi S. Mbatha

The Journal of Sociology & Social Welfare

Work histories of most Africans in South Africa determine whether or not they will be poor at old age. To illustrate this point, the author uses the literature and data collected from elderly Africans. Findings show racial discrimination in education and in the labor market as resulting in the concentration of the majority of Africans in low paying jobs. Low wages and the absence of a national pension scheme prevent most Africans from saving for their retirement. African workers constitute the largest percentage of the working poor in South Africa. Their circumstances are unlikely to change even after retirement. At …

The State Of Department Store Retailing, Juanita Smith

Mahurin Honors College Capstone Experience/Thesis Projects

No abstract provided.

The Regional Economic Impact Of The Closure Of Fort Mcclellan, Alabama, Stacey E. Byington

Honors Theses

The complete effects of closing Fort McClellan cannot be easily measured. The sociological and political ramifications - though an important part of the economic costs - will not be discussed in this project as they are not readily quantifiable. This project analyzes the regional economic impact of Fort McClellan, Alabama; and hence, the impact of its closing. Although its purpose is providing national defense, a military base also contributes employment, service, training, and culture to its surrounding communities. As of 1989, Fort McClellan employed nearly eight thousand military personnel and two thousand civilians. The Fort's economic impact includes expenditures of …

Can Duration -- Interest Rate Risk -- And Convexity Explain The Fractional Price Change And Market Risk Of Equities?, David L. Cheney

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

In the last two decades, duration analysis has been largely applied to fixed-income securities. However, since rising and falling interest rates have been determined to be a major cause of stock price movements, equity duration has received a great deal of attention.

The duration of an equity is a measure of its interest rate risk. Duration is the sensitivity of the price of an equity with respect to the interest rate. Convexity is the sensitivity of duration with respect to the interest rate.

The analysis revealed that the fractional price change and market risk of equities can be explained by …

Fully Modified Least Squares And Vector Autoregression, Peter C.B. Phillips

Cowles Foundation Discussion Papers

Fully modified least squares (FM-OLS) regression was originally designed in work by Phillips and Hansen (1990) to provide optimal estimates of cointegrating regressions. The method modifies least squares to account for serial correlation effects and for the endogeneity in the regressors that results from the existence of a cointegrating relationship. This paper provides a general framework which makes it possible to study the asymptotic behavior of FM-OLS in models with full rank I(1) regressors, models with I(1) and I(0) regressors, models with unit roots, and models with only stationary regressors. This framework enables us to consider the use of FM …

Egypt's Manufactured Exports, Khaled Khalil Hefnawy

Archived Theses and Dissertations

No abstract provided.

New Mexico Labor Market Review 04-30-1993, 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 March 1993.

The Economic Problem At The End Of The Second Millenium: Creating Capitalism, Reforming Capitalism, Making Capitalism Work, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Three earlier versions of this paper (with minor differences) are also included. Plus, some handwritten notes by Minsky.

Financial Structure And The Financing Of The Capital Development Of The Economy, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

The Jerome Levy Institute Presents Proposals for Reform of the Financial System. Corpus Christie, Texas.

The Essential Characteristics Of Post-Keynesian Economics, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Printout of article found on floppy disk in Archives.

Essential, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Fragment, pp. 36-39

Individual Stock Selection: A Place In The Investment Portfolio; Participation In 1993 Acreage Reduction Program Looks Profitable, John A. Sondey, Donald Peterson

Economics Commentator (1972- 2016)

No abstract provided.

Publication List Economics Department: 1992 - 1993, Department Of Economics

Economics Pamphlet Series (1985-2016)

The publications listed herein were prepared during January 1992 - March 1993 by the faculty and graduate students in the Economics Department at South Dakota state University. The publications are arranged by series (Staff Paper, Research Paper, Economics Commentator, Experiment Station Bulletin, etc.).

Measuring The Impact Of Global Warming In Agriculture, Robert Mendelsohn, William D. Nordhaus, Daigee Shaw

Cowles Foundation Discussion Papers

This paper develops a “Ricardian” approach for measuring the economic impact of environmental factors such as climate by examining the direct impact of the environmental factor on land prices. Estimating the model using cross-sectional data on climate, farm-land prices, and other economic and geophysical data for almost 3,000 countries in the United States, we find that higher temperatures in all seasons except autumn reduce average farm values in the United States and more precipitation in all seasons except autumn increases farm values. Applying the model to a global-warming scenario finds a range of impacts depending upon whether the model emphasize …

The Intertemporal-Substitution Hypothesis Is Alive And Well (But Hiding In The Data), Jean Kimmel, Thomas J. Kniesner

Upjohn Institute Working Papers

According to the intertemporal-substitution hypothesis, which underlies the typical empirical real business cycle model, cyclical fluctuations in employment and hours of work are optimizing labor-supply responses to short-run aggregate demand shifts. We demonstrate that previous empirical labor-supply research has used inappropriate data to test the intertemporal-substitution hypothesis. We estimate a fixed-effects life-cycle labor-supply model with more informative data, the triennial micro data of the Survey of Income and Program Participation. We find economy-wide wage elasticities of employment and hours worked per employee of +1.55 and +0.51, which support the intertemporal-substitution hypothesis and give econometric credibility to the labor-market specification of …

The Michigan Disability Prevention Study: Research Highlights, H. Allan Hunt, Rochelle Virginia Habeck

Upjohn Institute Working Papers

This 3-year collaborative research project was designed to provide empirical evidence to substantiate the impact of various employer policies and practices on the prevention and management of workplace disability. It studied a random sample of 220 Michigan establishments with more than 100 employees from seven different industries who responded to a mail survey in the first half of 1991. The study correlates differences in employer-reported levels of achievement on policy and practice dimensions with performance on disability outcome measures, while controlling for a set of establishment characteristics in a multivariate regression analysis.

Review Of "Radical Traditions: The Survival And Revival Of Entrepreneurs In The Gdr" By A. Pickel, Frederic L. Pryor

Economics Faculty Works

No abstract provided.

Economic Payoffs To Participation In Adult Education, Kevin Hollenbeck

Conference Papers

No abstract provided.

Citation Functions And Related Determinants, Mengxiong Liu

Faculty Research, Scholarly, and Creative Activity

No abstract provided.

Ricardo's Theory Of Profit And The Third Edition Of The Principles, John B. Davis

Economics Faculty Research and Publications

David Ricardo's “On Machinery” chapter continues to interest theorists and historians of economic thought (Blaug 1958, Hollander 1979, Kurz 1984, Samuelson, 1988, 1989, Morishima 1989, Negishi 1990). Yet the addition of the chapter to the third edition of Ricardo's Principles of Political Economy and Taxation arguably overturns much of the view for which Ricardo is so well known (Davis 1989). In the added chapter Ricardo allows, contrary to his original view in the first two editions, that the introduction of machinery is indeed injurious to the class of laborers. More interestingly, because machinery substitutes for labor, wages cannot rise and …

A New Technology Policy For The United States, Murray L. Weidenbaum

Murray Weidenbaum Publications

The Clinton Administration is proposing a new technology policy, but unfortunately wants to follow the policy used when national security was the motivating force. A new policy would be more effective if it reduced governmental obstacles to the commercialization of new technology.

Restraining Medicine Prices: Controls Vs. Competition, Murray L. Weidenbaum

Murray Weidenbaum Publications

With the cost of prescription medicines constantly rising, the government has been considering price controls. This report explains the R&D process from laboratory studies to FDA review to approval by the FDA. As an alternative to price controls, competition could be a way for helping to keep prices down.

Tobacco And Its Role In The Life Of The Confederacy, D. T. Smith

History Theses & Dissertations

This study examines the role that tobacco played in influencing Confederate policy during the American Civil War. Surprisingly, very little research has been done on this subject; historians have virtually ignored the influence of tobacco upon Southern economic interests between 1850 and 1870.

The southern tobacco-producing states grew 439,183,561 pounds of raw tobacco in 1860. Southern manufactured tobacco was worth $21,820,535 in 1860, and along with other agricultural products, especially cotton, played an important economic, political, and diplomatic role in the life of the Confederacy. The tobacco industry represented a very strong interest group in the Upper South during the …

Hypothesis Testing With A Restricted Parameter Space, Donald W.K. Andrews

Cowles Foundation Discussion Papers

This paper considers hypothesis tests for nonlinear econometric models when the parameter space is restricted under the alternative hypothesis. Multivariate one-sided tests are a leading example. Optimal tests, called directed tests, are derived using a weighted average power criterion. The likelihood ratio test is shown to be admissible and to maximize power against alternatives that are arbitrarily distant from the null hypothesis. Exact results are established first for Gaussian linear regression models with known variance. Asymptotic analogues are then established for dynamic nonlinear models. Simulation is used to compare the tests discussed in the paper. The D–W ∞ directed test …

Review Of The History And Philosophy Of Social Science By S. Gordon, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

New Mexico Labor Market Review 03-31-1993, 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 February 1993.

Partial Farm Budgeting; Value Based Marketing In The Beef Industry, Burton Pflueger, Dillion Feuz, John Wagner

Economics Commentator (1972- 2016)

No abstract provided.

A Survey Of Farmington Convention And Visitors Bureau Patrons: 1993, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

This report presents the findings of a 1993 survey of patrons who contacted the Farmington Convention and Visitors Bureau, examining visitor characteristics, travel behavior, expenditures, lodging patterns, and future travel intentions. The study estimates the economic impact of Bureau-assisted tourism and provides comparative insights into changes in visitor trends between 1990 and 1993.

A Survey Of Farmington Convention And Visitors Bureau Patrons: 1993 (2), University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

This report presents the findings of a 1993 survey of patrons who contacted the Farmington Convention and Visitors Bureau, examining visitor characteristics, travel behavior, expenditures, lodging patterns, and future travel intentions. The study estimates the economic impact of Bureau-assisted tourism and provides comparative insights into changes in visitor trends between 1990 and 1993.

A Survey Of Farmington Convention And Visitors Bureau Patrons: 1993, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

This research report details the findings of a 1993 tourism survey conducted among households that requested travel information from the Farmington Convention and Visitors Bureau (FCVB) during 1992. The analysis reveals that a slight majority (51.5%) of the patrons surveyed had visited Farmington within the preceding year, primarily as a stopover or vacation destination, generating an estimated local spending impact of approximately $857,600.