Social and Behavioral Sciences Commons^™

Tourism Dependency And Its Correlation To Selected Socioeconomic Indicators In Utah, Diane S. Gooch

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This paper investigates the relationship between tourism and well being, or quality-of-life, within eighteen counties in Utah. To evaluate the relationship, comparisons of the counties' differing levels of tourism versus their levels of welfare are necessary. To make these comparisons, three basic steps were followed. First, a social ordering model was derived. The proposed social ordering model was based upon Maslow's theory of the hierarchy of human needs. By utilizing his theory, both economic and noneconomic indicators were identified, and a basis was provided upon which to judge the differing positions of well-being. Factor analysis was applied to this model …

Production And Inefficiency, Arunava Bhattacharyya

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

The overall purpose of this three-part dissertation is to specify and estimate various components of inefficiency in the production and profit-generating processes. Flexibility in inefficiency-measurement techniques is introduced using stochastic functional forms to overcome the restrictions of the simplifying assumptions used in previous studies. In addition, the profit function approach is used to measure firm specific inefficiency and to view profit inefficiency in the multiple output context. Empirical application of each approach is also attempted. Application of the measurement of the inefficiency component in the first two essays is made using data taken from Indian agriculture. The multiple output model …

A National Survey Of Enterprise Budget Development And Use By The Extension Service, Douglas W. Eck

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This thesis investigates the development and use of viii agricultural enterprise budgets. An enterprise is a single crop or livestock commodity, and enterprise budgets are valuable management tools. They serve as the basic building blocks of complete farm planning.

Two separate surveys gathered information from the Extension Service concerning the use and development of enterprise budgets. Analysis of the survey results identified the most common methods used to create enterprise budgets as well as factors that contribute to their use.

A regression analysis was performed to determine the factors influencing the number of times county agents directly refer to published …

New Mexico Labor Market Review 04-30-1990, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review was prepared by the New Mexico Department of Labor in cooperation with U.S. Bureau of Labor Statistics for March of 1990. It is a report on the state's employment and economic activity.

The United States Postal Service: A Government Corporation Requiring Changes: Past, Present, Future, Brian Harper '90

Honors Projects

This project determines the cost of maintaining the postal service currently. It explores whether this cost is justifiable on the grounds of "binding the Nation together" or if these costs are "impairing the overall value of such service to the people". Whether these costs are viewed as reasons for continued postal deficits or seen as the need for radical changes in the structure and operation of the postal service (even to the point of creating a private corporation from it) will determine the future course of action in regard to it.

Estimating The Risk Of Third World Debt, Jane Chadesh '90

Honors Projects

In August 1982, Mexico announced that it was unable to meet its debt obligations then falling due. Since this announcement more than 40 countries have been forced to reschedule on debt owed to commercial banks. Commercial banks have been criticized for blindly providing the lesser developed countries (LDCs) more credit and exposing themselves to more and more risk. For example, six months prior to Mexico's announcement that it could not meet its debt obligations, Mexico had been granted 6.4 billion dollars in new loans to make a total of 84 billion dollars in loans that needed to be rescheduled. If …

Review Of: The Debt And The Deficit: False Alarms/Real Possibilities, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Review by Minsky of The Debt and the Deficit: False Alarms/Real Possibilities, by Robert Heilbroner and Peter Bernstein, New York and London, Norton, 1989.

The review appeared in the Journal of Economic Literature, Vol. XXVIII, No. 3, Sept. 1990, pages 1221-1222.

Also given here are:

-- notes on the book prior to final review

-- a draft of the review

-- the review as it appeared in the journal.

Stylized Lessons From The Eighties, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

An outline prepared either for a paper or a talk. Included here also is a short early draft of this.

Tests For Parameter Instability And Structural Change With Unknown Change Point, Donald W.K. Andrews

Cowles Foundation Discussion Papers

This paper considers tests of parameter instability and structural change with unknown change point. The results apply to a wide class of parametric models including models that satisfy maximum likelihood type regularity conditions and models that are suitable for estimation by generalized method of moments procedures. The paper considers likelihood ratio and likelihood ratio like tests, as well as asymptotically equivalent Wald and Lagrange multiplier tests. Each test implicitly uses an estimate of change point. Tests of both “pure” and “partial” structural change are discussed.

Cooter And Rappoport On The Normative, John B. Davis

Economics Faculty Research and Publications

In a recent examination of the origins of ordinal utility theory in neoclassical economics, Robert D. Cooter and Peter Rappoport argue that the ordinalist revolution of the 1930s, after which most economists abandoned interpersonal utility comparisons as normative and unscientific, constituted neither unambiguous progress in economic science nor the abandonment of normative theorizing, as many economists and historians of economic thought have generally believed (Cooter and Rappoport, 1984). Rather, the widespread acceptance of ordinalism, with its focus on Pareto optimality, simply represented the emergence of a new neoclassical research agenda that, on the one hand, defined economics differently than had …

Review Of Money, History, And International Finance: Essays In Honor Of Anna J. Schwartz By Michael D. Bordo, Abdur Chowdhury

Economics Faculty Research and Publications

No abstract provided.

Linear And Nonlinear Appraisal Models, Billie Ann Brotman

Faculty Articles

In this article, the author uses nonlinear models to forecast the value of four important housing characteristics. The article explains, for example, that each additional bedroom does not add a set incremental dollar figure to the value of a house. The results suggest that nonlinear models predict housing values better than linear ones.

The Truncated Cauchy Distribution: Estimation Of Parameters And Application To Stock Returns, Paul G. Staneski

Mathematics & Statistics Theses & Dissertations

The problem addressed in this dissertation is the existence and estimation of the parameters of a truncated Cauchy distribution. It is known that when a number of distributions with infinite support are truncated to a finite interval that the maximum likelihood estimator of the scale parameter fails to exist with positive probability. In particular, necessary and sufficient conditions which give rise to instances of non-existence have been found for the exponential (Deemer and Votaw (1955)), gamma (Broeder (1955), Hegde and Dahiya (1989)), Weibull (Mittal and Dahiya (1989)) and normal distribution (Barndorff-Nielsen (1978), Mittal and Dahiya (1987), Hegde and Dahiya (1989)). …

The Role Of The Court Of Justice In European Integration, Frances M. Jacobson

History Theses & Dissertations

This study examines the role of the Court of Justice in the major issues of European integration: dismantling technical barriers to the free flow of goods, protecting human rights within the European Community, and facilitating the free movement of capital, people and services. Success or failure of the Court is measured by whether the member states have implemented its rulings and whether the rulings have aided or hindered the development of a European internal market.

Specific actions of the Court of Justice are analyzed and placed within the context of European integration. The study begins with the European Coal and …

The Guaranteed Minimum Price And Price Stabilization In The Wheat Market, Therese L. Soullier

Economics Theses & Dissertations

The government of the United States offers a guaranteed minimum price per bushel to farmers in return for a reduction in acreage planted. Through this program, the government attempts to control the supply of wheat and stabilize the price of wheat. There is growing debate in the United States as to the effectiveness and prudence of the current program.

This thesis will examine the effectiveness of the guaranteed minimum price program, using the two-stage least squares procedure to examine a demand and supply model. The study will look at the relative stability of the price of wheat and how and …

New Mexico Labor Market Review 03-31-1990, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review was prepared by the New Mexico Department of Labor in cooperation with U.S. Bureau of Labor Statistics for February of 1990. It is a report on the state's employment and economic activity.

Editor's Note, Dawn-Marie Driscoll

New England Journal of Public Policy

This issue of the New England Journal of Public Policy had many beginnings and, like most efforts in which a theme is slowly resolved, probably should not have an ending.

The discussion of this theme started several years ago when a group of senior Boston businesswomen talked about the need and value of meeting on a semi-regular basis. Their purpose would be to focus discussions on a narrow but important issue — the economic advancement of women.

The criteria for these informal meetings quickly fell into place. All the women who comprised the group would be drawn from within the …

Issues In The Corporate Workplace, Carol R. Goldberg, Aileen P. Gorman, Kathleen B. Hansen

New England Journal of Public Policy

Workforce supply and demand has catapulted "women's issues" to the forefront of the business agenda. These issues will continue to be the poor stepsisters of other corporate needs, however, unless they are recognized as broad-based workforce issues of the 1990s. The dynamics of women's entrance into the labor market have dramatically changed the structure of the family and consequently the needs of both men and women in the business community. The corporate challenge for the next decade will be to solve creatively the work/family puzzle and establish an environment that supports the full utilization of women in business.

Women, Power, And Partnership, Elizabeth Graham Cook

New England Journal of Public Policy

As women in a community move into senior positions from which they can influence the economic advancement of women at all levels, commentators have examined factors contributing to their advancement. This article outlines data about the Women's Economic Forum, a Boston group formed in 1985. The degree to which interdependence or "partnership" is a positive element in achieving the group's objectives suggests that other communities could adopt the WEF model.

Women And Money: Getting Money And Using It, Sheryl R. Marshall

New England Journal of Public Policy

The author of this article has spent her career in the world of finance. Here she examines the way women make economic decisions. The article centers on attitudes concerning women, money, and financial independence; the availability or lack of capital for women who want to start businesses; and a strategy for using their economic clout to forward the agenda of the economic empowerment of women.

Foreword, Rosabeth Moss Kanter

New England Journal of Public Policy

Two significant facts are apparent from reading this volume. First, the authors are themselves examples of women overcoming barriers, breaking into formerly all-male domains, succeeding against the odds, and exercising economic, political, and educational leadership — on behalf of other women as well as on behalf of the institutions they serve. Thus their own lives are eloquent rebuke to anyone who still thinks that women cannot manage effectively in any realm, or that women must always take second place to men, or that family responsibilities make women less serious about public responsibilities, or that women fail to help one another; …

Not By Numbers Alone: A New Decade For Women In The Law, Margaret H. Marshall

New England Journal of Public Policy

There has been a dramatic increase in both the percentage and the numbers of women who have entered the legal profession in the last fifteen years, but women have not penetrated its higher echelons — partnerships in law firms, general counsel of corporations, and chiefs of government bureaus — in the same percentage that those advances should be reflecting. While entry-level salaries may be equal for male and female attorneys, are women in the legal world discovering the same glass ceilings and barriers to entry at these top levels of economic empowerment that their corporate counterparts have experienced? The author …

Moving In The Economic Mainstream, Brunetta R. Wolfman

New England Journal of Public Policy

The requirements for economic mobility in a postindustrial society present many barriers for low-income women. Social policy and program goals for improving their opportunities should focus on educational, training, and entrepreneurial activities using individualized assessment, counseling, and academic and occupational advisers. Social consensus needs to be achieved in order to establish viable programs that address women's total needs rather than approaching the problem with fragmented, uncoordinated solutions.

Providing Access To Power: The Role Of Higher Education In Empowering Women Students, Margaret A. Mckenna

New England Journal of Public Policy

Access to education opens the doors to future economic power — but are opportunities for women limited by the very way that institutions of higher education think about women students? Women comprise the majority of college students today, but the institutions they attend may not be serving their educational needs. This article explains that women's needs are different from those of men and illustrates how educators can respond to that difference, offering a "feminist environment" in which female students can meet their own educational goals.

The Third Stage: An Economic Strategy, Dawn-Marie Driscoll

New England Journal of Public Policy

If the first stage of the women's movement raised consciousness, changed statutes, and proposed the Equal Rights Amendment, and the second stage broadened the debate to include family, workplace, and societal issues, the third stage may focus simply on giving women economic power and independence. Issues for women in the 1990s will center on economics; this article suggests strategies for achieving these goals.

Alcoholism: A Barrier To Empowerment For Women, Marion Brink

New England Journal of Public Policy

Women's increasing economic power has encouraged the promotion of their drinking as fashionable. However, women are more vulnerable to the impact of alcohol, and the stigma attached to alcoholism is greater for them than it is for men. As a consequence, a woman — and those around her — will deny her alcoholism until she has lost much more than her male counterparts. When, or if, she seeks help for this devastating disease, she finds a lack of woman-specific programs and facilities. This article notes the barriers to recovery for women and offers some suggestions for breaking them down. Two …

An Improved Heteroskedasticity And Autocorrelation Consistent Covariance Matrix Estimator, Donald W.K. Andrews, Christopher J. Monahan

Cowles Foundation Discussion Papers

This paper considers a new class of heteroskedasticity and autocorrelation consistent (HAC) covariance matrix estimators. The estimators considered are prewhitened kernel estimators with vetor autoregressions employed in the prewhitening stage. The paper establishes consistency, rate of convergence, and asymptotic truncated mean squared error (MSE) results for the estimators when a fixed or automatic bandwidth procedure is employed. Conditions are obtained under which prewhitening improves asymptotic truncated MSE. Monte Carlo results show that prewhitening is very effective in reducing bias, improving confidence interval coverage probabilities, and rescuing over-rejection of t -statistics constructed using kernel-HAC estimators. On the other hand, prewhitening is …

Financial Integration, Liquidity And Exchange Rates, Vittorio Grilli, Nouriel Roubini

Cowles Foundation Discussion Papers

We present a two-country extension of Lucas’ (1988) work on how cash-in-advance constraints in asset markets affect the pricing of financial assets. In the model, there is some degree of separation between the goods markets and the assets markets, and money is used for transactions in both markets. The main results of the paper are the following. First, the equilibrium level of the exchange rate depends on the share of money used for asset transactions; a greater share corresponds to a more appreciated currency. Second, under uncertainty the liquidity effects deriving from stochastic shocks to bond creation lead to an …

Generic Uniform Convergence, Donald W.K. Andrews

Cowles Foundation Discussion Papers

This paper presents several generic uniform convergence results that include generic uniform laws of large numbers. These results provide conditions under which pointwise convergence almost surely or in probability can be strengthened to uniform convergence. The results are useful for establishing asymptotic properties of estimators and test statistics. The results given here have the following attributes, (1) they extend results of Newey to cover convergence almost surely as well as convergence in probability, (2) they apply to totally bounded parameter spaces (rather than just to compact parameter spaces), (3) they introduce a set of conditions for a generic uniform law …

Vol. 13 No. 2 (1990): 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 …