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Articles 38071 - 38100 of 47414
Full-Text Articles in Social and Behavioral Sciences
Assuming Clinton Wins, Hyman P. Minsky Ph.D.
Assuming Clinton Wins, Hyman P. Minsky Ph.D.
Hyman P. Minsky Archive
No abstract provided.
Socially Efficient Control Of Carcinogen Emissions From Open Top Vapor Cleaners In Lndiana, Robert S. Main
Socially Efficient Control Of Carcinogen Emissions From Open Top Vapor Cleaners In Lndiana, Robert S. Main
Scholarship and Professional Work - Business
Robert Main's contribution to the Indiana Academy of the Social Sciences Proceedings, 1995.
Consumption Tax Can Bring Back Thrifty American, Hyman P. Minsky Ph.D.
Consumption Tax Can Bring Back Thrifty American, Hyman P. Minsky Ph.D.
Hyman P. Minsky Archive
“Consumption Tax Can Bring Back Thrifty American,” The Wall Street Journal, Wed. Oct. 7, 1992.
Sustained Growth In The Model Of Overlapping Generations, Eric O'N. Fisher
Sustained Growth In The Model Of Overlapping Generations, Eric O'N. Fisher
Economics
This paper analyzes endogenous economic growth in the model of overlapping generations. There is no bequest motive, nor are there any externalities. If the technology is convex, per capita growth can occur only if the economy has at least two sectors. This paper shows that the limiting marginal efficiency of investment determines the potential for growth and that the rate of growth depends upon the share of the capital stock devoted to investment. Sustained consumption growth can occur only under a fairly restrictive set of assumptions. There is an equilibrium with growth only if the marginal propensity to save is …
A Model Of The Link Between The Fiscal System And Singapore's Central Provident Fund In General Equilibrium, Hian Teck Hoon, Kai Lin Teo
A Model Of The Link Between The Fiscal System And Singapore's Central Provident Fund In General Equilibrium, Hian Teck Hoon, Kai Lin Teo
Research Collection School Of Economics
This paper demonstrates a channel through which the fiscal system interacts with the choice of CPF contribution rates to affect total savings, and hence, capital accumulation and the current account. It is shown that in the presence of a wage income tax, raising either the employee's or employer's contribution rates raises the total private earnings. On the other hand, in the presence of a capital income tax, raising the employee's or employer's contribution rates lowers total private savings. However, when we introduce a productive role for government spending, we show that an increase in CPF contribution rates under a balances …
Industry's Response To Market Liberalization In China: Evidence From Jiangsu Province, Penelope B. Prime
Industry's Response To Market Liberalization In China: Evidence From Jiangsu Province, Penelope B. Prime
Faculty Articles
More than a decade has passed since China's communist party endorsed major economic reform at the Third Plenum of the Eleventh Central Committee in December 1978. The reforms have addressed many problems, but efficiency has been the focus of concern. To improve efficiency, China has introduced market mechanisms and reversed its import substitution policies. The purpose of this article is to investigate whether industrial productivity has increased as a result, using Jiangsu Province as a case study.
New Mexico Recycling And Economic Develo_Oct 1992, Anna W. Lamberson, David P. Warren, Richard A. Zimmerman, James P. Barr
New Mexico Recycling And Economic Develo_Oct 1992, Anna W. Lamberson, David P. Warren, Richard A. Zimmerman, James P. Barr
BBER Publications
This report evaluates the economic development potential of recycling industries in New Mexico, with particular emphasis on paper, plastics, and glass markets. The study identifies business opportunities, recycling technologies, barriers to market development, and policy recommendations aimed at promoting recycling-based manufacturing and job creation within the state.
Construction Of Stationary Markov Equilibria In A Strategic Market Game, Ioannis Karatzas, Martin Shubik, William D. Sudderth
Construction Of Stationary Markov Equilibria In A Strategic Market Game, Ioannis Karatzas, Martin Shubik, William D. Sudderth
Cowles Foundation Discussion Papers
This paper studies stationary noncooperative equilibria in an economy with fiat money , one nondurable commodity , countably many time periods, no credit or futures market, and a measure space of agents — who may differ in their preferences and in the distributions of their (random) endowments. These agents are immortal, and hold fiat money as a means of hedging against the random fluctuations in their endowments of the commodity. In the aggregate, these fluctuations offset each other, and equilibrium prices are constant. We carry out an equilibrium analysis that focuses on distribution of wealth, on consumption, and on price …
Time Series Modeling With A Bayesian Frame Of Reference: Concepts, Illustrations And Asymptotics, Peter C.B. Phillips, Werner Ploberger
Time Series Modeling With A Bayesian Frame Of Reference: Concepts, Illustrations And Asymptotics, Peter C.B. Phillips, Werner Ploberger
Cowles Foundation Discussion Papers
This paper offers an approach to time series modeling that attempts to reconcile classical and Bayesian methods. The central idea put forward to achieve this reconciliation is that the Bayesian approach relies implicitly on a frame of reference for the data generating mechanism that is quite different from the one that is employed in the classical approach. Differences in inferences from the two approaches are therefore to be expected unless the altered frame of reference is taken into account. We show that the new frame of reference in Bayesian inference is a consequence of a change of measure that arises …
Grain Basis In South Dakota; Corn And Soybean Price Outlook, Bashir A. Qasmi, Richard Shane
Grain Basis In South Dakota; Corn And Soybean Price Outlook, Bashir A. Qasmi, Richard Shane
Economics Commentator (1972- 2016)
No abstract provided.
New Mexico Labor Market Review 09-30-1992, New Mexico Department Of Labor
New Mexico Labor Market Review 09-30-1992, 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 August 1992.
Consumption Taxes Belong On The Agenda, Hyman P. Minsky Ph.D.
Consumption Taxes Belong On The Agenda, Hyman P. Minsky Ph.D.
Hyman P. Minsky Archive
This is a typed paper prepared by Minsky for submission to The Wall Street Journal.
Deregulation And Trade Liberalization: The Indonesian Experience, Scott Fausti, Rony Bishry
Deregulation And Trade Liberalization: The Indonesian Experience, Scott Fausti, Rony Bishry
Economics Staff Paper Series (1969 - 2017)
From 1950 to 1965, Indonesia followed an import substitution industrialization development strategy. From 1966 to the present, Indonesia has moved toward an export oriented development strategy. This paper tests the predictions of the Heckscher-Ohlin-Samuelson(HOS) model of international trade by comparing Indonesia's economic performance under two contrasting development strategies. The paper concludes that Indonesia• s economic performance under the opposing development strategies supports the predictions of the HOS model. Furthermore, the Indonesian experience under the two development strategies supports the "trade as an engine of growth" hypothesis.
The Cost Of Home Ownership In Vermont, 1975-1990, Arthur G. Woolf
The Cost Of Home Ownership In Vermont, 1975-1990, Arthur G. Woolf
New England Journal of Public Policy
Housing prices in Vermont, like those in the other New England states, shot up dramatically during the economic boom of the 1980s. This article investigates the causes of that price increase and focuses on the cost of home ownership in Vermont in the years 1975 to 1990. Cost of home ownership is defined as the percentage of family income needed to finance an average-price home. Although prices skyrocketed during the 1980s, the actual cost of home ownership as a percentage of income was about 15 percent greater in 1990 than it was during the mid-1970s. Housing price increases are expected …
The Effect Of Uncertainty On A Joint Product Model Of Smuggling, Scott Fausti
The Effect Of Uncertainty On A Joint Product Model Of Smuggling, Scott Fausti
Economics Staff Paper Series (1969 - 2017)
Extending the seminal work of Bhagwati and Hansen (1973) on smuggling, Pitt (1981) developed a new approach to investigate the welfare effect of smuggling. This paper develops an extension of Pitt's original model which allows many of the interesting features of the Bhagwati and Hansen model to be revaluated within a joint product model of smuggling framework. The extension is made through the following modifications to Pitt's assumptions: 1) firms that export are free to engage in joint product smuggling or strictly legal trade; and 2) uncertainty is introduced into the model via active government enforcement. The modifications enable the …
Economic Prospects: Containment And Expansion (Introduction), Hyman P. Minsky Ph.D.
Economic Prospects: Containment And Expansion (Introduction), Hyman P. Minsky Ph.D.
Hyman P. Minsky Archive
Introduction to the Second Public Policy Brief of the Levy Economic Institute of Bard College.
Market Structures And Investment Behavior - Audio, Hyman P. Minsky Ph.D.
Market Structures And Investment Behavior - Audio, Hyman P. Minsky Ph.D.
Hyman P. Minsky Archive
A talk by Hyman Minsky in November, 1992, at a Symposium sponsored by the Levy Institute.
Current Monetary And Banking Policies In Nigeria And The Prospects In The Third Republic, V. A. Odozi
Current Monetary And Banking Policies In Nigeria And The Prospects In The Third Republic, V. A. Odozi
Economic and Financial Review
This paper received and appraised the conduct of monetary and banking policies in Nigeria in the recent past, and charts prognosis of future monetary policy directions, come the Third Republic. As a background information, the paper reviews the conceptual, analytical and institutional framework for the conduct of monetary and banking policies in general, noting the widespread consensus that efficient management of money stock and the related price variables are vital instruments for inducing investment and growth of any economy. An overview of recent monetary and banking policies in Nigeria acknowledged the innovative initiatives taken so far to reform the financial …
1992 First Half Year Report On Industrial Core Projects, E. I. K. Sule, C. M. Anyanwu
1992 First Half Year Report On Industrial Core Projects, E. I. K. Sule, C. M. Anyanwu
Economic and Financial Review
The Industrial Core Projects are the basic capital intensity industries deliberately established by the Federal Government to provide material inputs for downstream industries. They include steel plants, refineries and petrochemical plants, paper mills, fertilizer, marble, sugar and cement companies. During the first half of 1992, the performance of most of the Industrial Core Projects was generally unsatisfactory with the exception of petroleum-based plants. Most of them operated low capacities due largely to inadequate funding. Other constraining factors were high cost of production due in part to poor infrastructural facilities and in part to a depreciated currency and stiff competition from …
Foreign Private Investment In Nigeria In 1990, Central Bank Of Nigeria Cbn
Foreign Private Investment In Nigeria In 1990, Central Bank Of Nigeria Cbn
Economic and Financial Review
Foreign Private investment in Nigeria continued to get government attention, as more areas of the economy are opened up to foreign investors. Also, various incentives to attract such investments into the country, continued to be put in place. As in many developing countries, the availability of such funds enhances position of balance of payments. flowerer, the desired contribution from the foreign private int1eStment segment to the external sector is yet to be fully achieved.
Talking Economics In Tahitian: A Few Comments, Jean-François Baré
Talking Economics In Tahitian: A Few Comments, Jean-François Baré
Pacific Studies
No abstract provided.
A Historical Perspective On Aid And Dependency: The Example Of Tonga, I. C. Campbell
A Historical Perspective On Aid And Dependency: The Example Of Tonga, I. C. Campbell
Pacific Studies
No abstract provided.
The Challenges Of The New Banking Legislations, Oduyemi O. S.
The Challenges Of The New Banking Legislations, Oduyemi O. S.
Bullion
This paper examines Nigeria's new banking legislations. The new banking laws together with deposit insurance system, established in 1988, and the new regulations embodies in the prudential guidelines and the accounting standards for banks, both introduced in 1990, constitute and essential foundation for managing and promoting a dynamic and sound financial sector. The new regulatory environment places emphasis on the need for institutions to strengthen and build up capital, improve the quality of assets and maintain high lending and investment standards. The paper is in three parts. Part I reviews some of the major trends in the financial industry with …
Regulatory Framework Of Non-Bank Financial Institutions In Nigeria., Ojo M. O.
Regulatory Framework Of Non-Bank Financial Institutions In Nigeria., Ojo M. O.
Bullion
This article examines the regulatory framework of non-banking institutions (NBFIs) in Nigeria. Those institutions often referred to as non-banks have been identified. However, it is noted that in this paper non-bank financial institution are those defined as other financial institutions by the Banks and Other Financial Institutions Decree (BOFID). The objective of this paper is to present an overview of the regulation of the non-bank financial institutions over the years. Part One of this paper identified the relevant institutions termed non-bank financial institutions. Part Two, the new regulatory framework is reviewed. This is followed in Part Three by an appraisal …
Banking Supervision And Inspection, Agene C. E.
Banking Supervision And Inspection, Agene C. E.
Bullion
The paper examines banking supervision and regulation. It is organized into two parts: part one, introduction, discusses the overview of banking supervision and regulation and part two looks at the internal audit function, internal control measures and procedures for internal control. The concluding part examines the opportunities of financial conglomerates created in the Nigerian scene as well as the problem of proper risk management for the supervisory authorities.
Foreign Exchange Market In Nigeria, Ntekop T. J.
Foreign Exchange Market In Nigeria, Ntekop T. J.
Bullion
The paper carried out an appraisal, reviewed the benefits and problems and highlighted the prospects of foreign exchange market(FEM). The foreign exchange market(FEM) became institutionalized in Nigeria following protracted economic declines. The 1970's were generally regarded as an era of oil boom in Nigeria, when oil revenue enhanced economic development. The economy became heavily dependent on crude petroleum exports as the main source of foreign exchange earnings and government revenue. In a continuous effort to revamp the economy, the government introduced the Structural Adjustment Programme (SAP) in 1986 as a short-term measure to last till 1988. The core component of …
A Methodology For Project Selection Using Economic Analysis And The Analytic Hierarchy Process, Jeffrey L. Battin, Thomas J. Bender
A Methodology For Project Selection Using Economic Analysis And The Analytic Hierarchy Process, Jeffrey L. Battin, Thomas J. Bender
Theses and Dissertations
This study examined the applicability of a multiple criterion decision making method, known as the Analytic Hierarchy Process (AHP) , to economic analysis decisions involving project selection. Through a survey of the literature and current practices, it was determined that qualitative criteria were not adequately represented in a typical economic analysis of projects. Several MCDM methods were examined and the AHP was found to be the most promising technique to rate projects on a ratio scale. Two types of project selection problems, those involving nonmutually exclusive alternatives and those involving mutually exclusive alternatives, were examined. It was determined that the …
Answering The Arguments Against The Consumption Tax, Murray L. Weidenbaum
Answering The Arguments Against The Consumption Tax, Murray L. Weidenbaum
Murray Weidenbaum Publications
By shifting U.S. taxation from income to consumption, more revenue would be generated for the U.S. Treasury. This would also enable the American people to enjoy a higher living standard.
Strengthening Israel's Economy, Murray L. Weidenbaum
Strengthening Israel's Economy, Murray L. Weidenbaum
Murray Weidenbaum Publications
The Israeli economy is very socialized and heavily regulated. Because of this, it suffers from slow growth and high inflation. To change this, Israel needs to become much more privatized.
Pharmaceutical Regulation And Productivity Challenges, Murray L. Weidenbaum
Pharmaceutical Regulation And Productivity Challenges, Murray L. Weidenbaum
Murray Weidenbaum Publications
With the costs of pharmaceuticals increasing, steps need to be taken to modernize the approach process in order to reduce the cost of developing new medicines and increase the availability of new and better pharmaceuticals.