Social and Behavioral Sciences Commons^™

Factors Influencing Employment In The U.S. Automobile Industry, Paul S. Davies '92

Honors Projects

During the 1980s, increased attention was paid by the united Auto Workers union and politicians to the U.S. automobile industry and the problems it was facing from Japanese competition. Now, with 1992 being a presidential election year, the candidates are continuing to draw attention to what they see as the problems of the U.S. auto industry. And this concern is not without reason. The share of the u.s. market held by the Big Three domestic producers (GM, Ford, and Chrysler), has decreased dramatically over the past three decades. As is shown in Figure 1, the market share of u.s. based …

Reconstituting The Financial Structure: The United States, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

This is a paper originally prepared for a Conference on "‘Issues on Banking Structure and Competition in a Changing World,"held at the Hotel Ramada Renaissance, Antalya Turkey, Sept. 18-20, 1991.

The main download here is the revision dated 13 May 1992.

Also included here are:

The paper with handwritten notes;

A Preliminary version of the paper;

A handwritten copy;

Comments on the paper prepared by Deniz Gökçe;

A schedule for the Conference;

A second copy of the May revision that was on a separate computer disk in Minsky's papers.

Prices In A Capital Using Capitalist Economy Ii, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.

Prices In A Financially Sophisticated Capital-Using Capitalist Economy, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Four versions of this paper were found together in MInsky's files. The main upload has no date. The supplemental upload is dated 12 May 1992. There are differences between these, particularly in the early pages. There are editorial marks on the main upload that do not seem to have ever been incorporated in a final file. One of the other files, virtually identical to the main upload, was dated March of 1992.

Comments On Jeffrey Herbst And Adebayo Olukoshi's Paper On "Nigeria: The Political Economy Of Structural Adjustment, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

No abstract provided.

The International Effects Of U.S. Farm Subsidies, Eric O'N. Fisher, Harry De Gorter

Economics

Using dynamic programming, this paper examines effects of farm subsidies on U.S. exports of corn, cotton, rice, and wheat. The six policy simulations described here explore alternative proposals in the current round of the General Agreement on Tariffs and Trade. The analysis leads to two conclusions. First, abolishing domestic subsidies lowers world prices of these crops. Second, imposing tighter supply controls may not actually decrease exports in the short run.

Christmas, Spring And The Dawning Of Economic Recovery, Eric Ghysels

Cowles Foundation Discussion Papers

Six months of the year, which for convenience we call the spring and Christmas seasons, have a statistically higher number of troughs than the other six months of the year. In contrast, peaks do not exhibit any clustering. These results are drawn from the NBER chronology as well as alternative chronologies. As peaks are evenly distributed and troughs are not, it also appears that contraction lengths following peaks in the off-season are longer which is also an indication of the uneven propensity to switch regime throughout the year. This paper deliberately takes a “model-free” and “distribution-free” approach to test and …

A Note On The Dual Approach To The Existence And Characterization Of Optimal Consumption Decisions Under Uncertainty And Liquidity Constraints, Vassilis A. Hajivassiliou, Yannis M. Ioannides

Cowles Foundation Discussion Papers

This paper considers a dual approach to the problem of maximizing lifetime utility subject to liquidity constraints in a discrete time setting. These constraints prohibit the decision maker from borrowing against future endowment income. The dual approach allows us to exploit directly the supermartingale property of the marginal utility of expenditure and to establish existence and uniqueness of the optimal solution. The optimal solution is interpreted as deriving from a version of the problem that is subject to a single lifetime budget constraint, where expenditures and incomes are discounted to the beginning of the horizon by means of individualized Arrow-Debreu …

An Introduction To Econometric Random Variables, Donald W.K. Andrews

Cowles Foundation Discussion Papers

This paper discusses some uses econometrics of functional limit theory for dependent random variables. Attention is focused on empirical process-type results rather than partial sum results that are prevalent in unit root econometrics. Examples considered include nonstandard parametric hypotheses tests and semiparametric estimation. The application of bracketing functional limit results is discussed in some detail.

What Are The Costs Of Disinflation?, Dean D. Croushore

Economics Faculty Publications

The Federal Reserve can use monetary policy to reduce the inflation rate, a process known as disinflation. Are the benefits of disinflation worth the costs? Proponents of disinflation argue that the long-run benefits of price stability, including lower interest rates, increased economic efficiency, and perhaps faster economic growth, greatly exceed the short-run costs. Opponents, of course, claim the opposite, usually arguing that the short-run costs in terms of higher unemployment and lost output would be immense.

The Relationship Between Teacher Salaries And Certain Wealth And Demographics Of Local Indiana School Corporations, Alan Lee Gold

All-Inclusive List of Electronic Theses and Dissertations

This study examined the relationship between teacher salaries and certain wealth and demographics of Indiana school corporations. Source data were obtained through the Indiana State Department of Education, the Indiana State Board of Tax Commissioners, the Indiana School Board Association, and the Indiana Education Employment Relations Board. Data collected were the teacher salaries, the demographic type, average dai1y memberships (ADM), assessed valuations (AV), General Fund tax rates, and Property Tax Replacement Credit amounts of all Indiana school corporations. The above data were obtained for the calendar years 1988, 1989, and 1990 and teacher salary data for the 1988-89, 1989-90, and …

Moonlighting Behavior: Theory And Evidence, Karen Smith Conway, Jean Kimmel

Upjohn Institute Working Papers

Two labor supply issues that have received substantial attention are the responsiveness of labor supply to wage changes and the imposition of labor supply constraints. Adjusting hours worked on a second job may be the practical and perhaps only available response to either event yet, most labor supply studies only examine behavior on the primary job. Examining the motives for moonlighting provides evidence on both the wage-responsiveness of labor supply in general and the existence and consequences of labor supply constraints.

Economic Analysis Of Dryland Wheat Tillage Practices In Box Elder County, Utah, Michael Dale Bond

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The purpose of this study was to determine the economic viability of various dryland wheat tillage systems, many of which were developed from years of cooperative research efforts.

In the study three conventional tillage methods were analyzed along with ten conservation tillage practices. The study farm consisted of 2000 acres, of which 1000 acres are classified as land 1 and its wheat yield is assumed to be 35 bushels per acre for non-continuous tillage methods and 23 bushels per acre for continuous tillage methods. The remaining 1000 acres are classed as land 2 and its assumed wheat yield is 30 …

Factors That Explain Changes In The Level Of Human Capital Of Children With Disabilities, Linda D. Goetze

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This dissertation combines concepts from the human capital and early intervention literature to develop a theoretical and empirical model of child development relationships. This model is empirically estimated using data from the Early Intervention Research Institute's Longitudinal Study on the effects of intervention for young children with disabilities. The model is estimated using Ordinary Least Squares (OLS) relating the Battelle Developmental Inventory (BDI) scores to child, family, and early intervention variables. These relationships are also examined using a type of Sequential Method of Moments (SMM) estimation strategy that accounts for data and other problems such as endogeneity, censoring, and selectivity. …

Economic Comparison Of Selected Processing Alternatives For Alfalfa, Dan J. Bates

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Processing alfalfa for export is of significant interest to areas like Millard County, the largest hay-producing county in Utah. In the past year there have been significant reductions in the price of hay as a result of increased supplies in the central and western United States. This thesis analyzes the benefits and costs of processing alfalfa into cubes and recompressed bales in order to enter the export market.

Costs of production were estimated through the use of enterprise budgets first for the farmer to establish the costs and returns for raising the hay, and secondly for cubing and recompressing the …

Measurement Of The Economic Effects Of Trade Liberalization Policy In Taiwan, Shu-Lan Huang

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Since the conclusion of World War II, Taiwan, the Republic of China (ROC), has developed into an industrialized country following a long period of severe inflation. Taiwan has produced a successful example of economic development through export expansion. Exports and imports of Taiwan increased from approximately 10 percent of the gross national product (GNP) in the 1950s to more than 45 percent in the 1980s. The role of Taiwan's foreign exchange rates and traderelated policies on exports and imports was examined in this study.

Trade-related policies implemented by the government of ROC were documented from 1950 to 1980 by categorizing …

The Defense Industrial Base For The 1990s, Murray L. Weidenbaum

Murray Weidenbaum Publications

Although the bottom is not about to fall out of the military market, a tough period of belt tightening has begun. The severity of these adjustments will vary based on the size and relationship of businesses to the defense industry. Ultimately, the military procurement process must be reformed. First, by streamlining the rules. Second, by upgrading the caliber of the people involved in the process. And finally, by changing the incentive structure facing the people who produce the equipment.

Earth Summit, Global Warming, And The Citizen: Economics, Science And Emotion, Murray L. Weidenbaum

Murray Weidenbaum Publications

A barrage of news stories, editorials, and even business advertisements is proclaiming that this is our last chance to save the planet. Examining the evidence for global warming, this paper finds a lack of convincing data to allow any conclusive analysis. Regarding the Earth Summit, it outlines six reasons why the conference is unlikely to achieve its stated goals.

Japan's Policy Toward The Arab-Israeli Conflict, Mohamed Naguib Fakhry

Archived Theses and Dissertations

No abstract provided.

The International Economic Correlates Of Hegemony, Hisham Nehad Seif-Eldin

Archived Theses and Dissertations

No abstract provided.

External Disequilibrium And Adjustment In Egypt, 1960-1990, Halla Erfan Shafey

Archived Theses and Dissertations

No abstract provided.

Posterior Odds Testing For A Unit Root With Data-Based Model Selection, Peter C.B. Phillips, Werner Ploberger

Cowles Foundation Discussion Papers

The Kalman filter is sued to derive updating equations for the Bayesian data density in discrete time linear regression models with stochastic regressors. The implied “Bayes model” has time varying parameters and conditionally heterogeneous error variances. A sigma-finite “Bayes model” measure is given and used to produce a new model selection criterion (PIC) and objective posterior odds tests for sharp null hypotheses like the presence of a unit root. Simulation results and an empirical application are reported. The simulations show that the new model selection criterion “PIC” works very well and is generally superior to the Schwarz criterion BIC even …

Simulation Of Multivariate Normal Orthant Probabilities: Theoretical And Computational Results, Vassilis A. Hajivassiliou, Daniel Mcfadden, Paul A. Ruud

Cowles Foundation Discussion Papers

An extensive literature in econometrics and in numerical analysis has considered the problem of evaluating the multiple integral P ( B ; µ, Ω) = Integral a b n ( v - µ, Ω) dv = E V 1 ( V c B ), where V is a m -dimensional normal vector with mean µ, covariance matrix Ω, and density n ( v - µ, Ω) and 1 ( V c B ) is an indicator for the event B = { V | a < V < b }. A leading case of such an integral is the negative orthant probability, where B = { v | v < 0}. The problem is computationally difficult except in very special cases. The multinomial probit (MNP) model used in econometrics and biometrics has cell probabilities that are negative orthant probabilities, with µ and depending on unknown parameters (and, in general, on covariates). Estimation of this model requires, for each trial parameter vector and each observation in a sample, evaluation of P (µ; B ) and of its derivatives with respect to µ and Ω. This paper surveys Monte Carlo techniques that have been developed for approximations of P (µ;Ω) and its linear and logarithmic derivatives that limit computation while possessing properties that facilitate their use in iterative calculations for statistical inference: the Crude Frequency Simulator (CFS), Normal Importance Sampling (NIS), a Kernel-Smoothed Frequency Simulator (KFS), Stern’s Decomposition Simulator (SDS), the Geweke–Hajivassiliou–Keane Simulator (GHK), a Parabolic Cylinder Function Simulator (PCF), Deák’s Chi-squared Simulator (DCS), an Acceptance/Rejection Simulator (ARS), the Gibbs Sampler Simulator (GSS), a Sequentially Unbiased Simulator (SUS), and an Approximately Unbiased Simulator (AUS). We also discuss Gauss and FORTRAN implementations of these algorithms and present our computational experience with them. We find that GHK is overall the most reliable method.

The Privatization Process: Prospects For Egypt, Dahlia O Khalifa

Archived Theses and Dissertations

No abstract provided.

The International Monetary Fund And Egypt, Leila Mustafa Hassanin

Archived Theses and Dissertations

No abstract provided.

Long Run Marginal Cost The Basis For Natural Gas Pricing In Egypt, Amr Hamdy Abdel Ghani

Archived Theses and Dissertations

No abstract provided.

A Flow Of Funds Account For The Egyptian Economy For The Year 1985/86, Nadia Mohamed Hussein

Archived Theses and Dissertations

No abstract provided.

The Assessment Of The Significant Determinants Of The Parallel Market Rate In Egypt, Iman Tymourlank Shoukry

Archived Theses and Dissertations

No abstract provided.

Congressional Testimony On Helping The Long-Term Unemployed Before The House Committee On Ways And Means, Human Resources Subcommittee, Louis S. Jacobson

Testimonies

No abstract provided.

New Mexico Labor Market Review 04-30-1992, 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 March 1992.