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Vol. 11 No. 1 (1987): Pacific Studies Full Issue, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies Sep 1987

Vol. 11 No. 1 (1987): 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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Inventories, Investment, Inflation And Taxes, James Tobin Sep 1987

Inventories, Investment, Inflation And Taxes, James Tobin

Cowles Foundation Discussion Papers

Sales today were made possible by inputs of factor services and intermediate goods at various previous dates. Prices change between the input dates and the sale date. Especially in periods of general inflation, these price movements create ambiguities in the reckoning of profits. The accounting definition used in taxing profits can have significant economic effects. Tax accounting is generally not neutral vis-à-vis general inflation. Costing inputs at their historical nominal prices (FIFO) is a real burden and disincentive, greater the higher the inflation rate. It is analogous to depreciating durable capital at historical cost. However, it may be partially, completely, …

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The Noncooperative Equilibria Of A Trading Economy With Complete Markets And Consistent Prices, Siddhartha Sahi, Shuntian Yao Sep 1987

The Noncooperative Equilibria Of A Trading Economy With Complete Markets And Consistent Prices, Siddhartha Sahi, Shuntian Yao

Cowles Foundation Discussion Papers

No abstract provided.

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Vol. 11 No. 1 (1987): Pacific Studies Front Matter, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies Sep 1987

Vol. 11 No. 1 (1987): 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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Contributors: Vol 11 No. 1, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies Sep 1987

Contributors: Vol 11 No. 1, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Contributors list of Vol. 11 (1987): Pacific Studies Full Issue 1

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Craig J. Severance's Review Of James G. Peoples's Island In Trust: Culture Change And Dependence In A Micronesian Economy, Craig J. Severance Sep 1987

Craig J. Severance's Review Of James G. Peoples's Island In Trust: Culture Change And Dependence In A Micronesian Economy, Craig J. Severance

Pacific Studies

No abstract provided.

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Evolution Of Time Constructs And Their Impact On Socioeconomic Planning, F. Gregory Hayden Sep 1987

Evolution Of Time Constructs And Their Impact On Socioeconomic Planning, F. Gregory Hayden

Department of Economics: Faculty Publications

The primary focus of the institutionalist perspective is instrumentalist problem solving. Problems are delivered by the institutional process and solved by altering the social structure. To solve socioeconomic problems, planning is necessary. Important to any planning is the question of when actions and events are to occur. To effect new social structures, actions and events must be properly sequenced. An analytical core of sequencing events is time analysis. John R. Commons stated that, in addition to knowing what to do, the economist who has the power and responsibility for planning "must know what, when, how much and how far to …

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Economy Review And Outlook_September 1987, Brian Mcdonald Sep 1987

Economy Review And Outlook_September 1987, Brian Mcdonald

BBER Publications

This report analyzes New Mexico’s economic performance from the 1950s through the mid‑1980s, highlighting the state’s dependence on federal spending and extractive industries. It describes the boom of the 1970s, the bust of the early 1980s, and the uneven recovery of the mid‑1980s, with strong growth in urban areas but severe decline in rural mining regions. Forecasts for 1987–1990 anticipate modest growth below national averages.

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Aid For Third World Agricultural Development: Help Or Hindrance To U.S. Agriculture, Thomas L. Dobbs Aug 1987

Aid For Third World Agricultural Development: Help Or Hindrance To U.S. Agriculture, Thomas L. Dobbs

Economics Commentator (1972- 2016)

No abstract provided.

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Metropolitan Report - August 18, 1987, Division Of Business And Economic Research, College Of Business Administration, University Of New Orleans Aug 1987

Metropolitan Report - August 18, 1987, Division Of Business And Economic Research, College Of Business Administration, University Of New Orleans

UNO Metropolitan Report (1986-2017)

No abstract provided.

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Calculation Of Extended Benefits Trigger_08-18-1987, University Of New Mexico Bureau Of Business And Economic Research Aug 1987

Calculation Of Extended Benefits Trigger_08-18-1987, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

Calculation of Extended Benefits “On” and “Off” Triggers (August 18, 1987) is a statistical worksheet prepared for the State of New Mexico that monitors unemployment insurance extended-benefit eligibility under federal and state trigger provisions. The report tracks weekly insured unemployment data for calendar year 1987 and presents calculations used to determine whether Extended Benefits (EB) should be activated (“on”) or deactivated (“off”). The tabulation includes weekly counts of covered unemployment claims, total covered employment, insured unemployment rates (IURs), 13-week average unemployment rates, corresponding rates for 1985 and 1986, and two-year comparative percentages used in trigger determinations. The document provides a …

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Survey Of Patrons Of The Albuquerque Convention And Visitors Bureau, John L. Temple Aug 1987

Survey Of Patrons Of The Albuquerque Convention And Visitors Bureau, John L. Temple

BBER Publications

A report made for the Albuquerque Convention and Visitors Bureau detailing the visitation details (such as spending, reason for visit, rating of location, etc.) of patrons to Albuquerque.

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On The Treatment Of Income Tax Rates In Empirical Analysis Of Tax Evasion, Steven E. Crane, Farrokh Nourzad Aug 1987

On The Treatment Of Income Tax Rates In Empirical Analysis Of Tax Evasion, Steven E. Crane, Farrokh Nourzad

Economics Faculty Research and Publications

In this paper, it is argued that average tax rates exert an influence on income tax evasion separate from, and opposite to that of marginal tax rates. Failure to account for this effect in empirical evasion models biases the parameter estimate of the marginal rate in a predictable manner. Evidence from an aggregate empirical model of evasion in the US indicates that the marginal tax rate is positively related to evasion, whereas the average tax rate is negatively related. Further, exclusion of the average rate from the model does in fact bias the parameter estimate of the marginal tax rate.

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Survey Of Patrons_Aug 1987, John L. Temple Aug 1987

Survey Of Patrons_Aug 1987, John L. Temple

BBER Publications

The report examined the characteristics, travel behavior, spending patterns, and opinions of individuals who contacted the ACVB between July 1986 and January 1987. The study also evaluated the effectiveness of the ACVB's promotional efforts and measured how many inquiries converted into actual visits.

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Farm Reorganization Bankruptcies In South Dakota, Larry Janssen Jul 1987

Farm Reorganization Bankruptcies In South Dakota, Larry Janssen

Economics Commentator (1972- 2016)

No abstract provided.

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Comparison Of Human Capital And Structural Models Of The Distribution Of Earnings: Evidence From Connecticut, A, Bradford F. Mills, Boris E. Bravo-Ureta Jul 1987

Comparison Of Human Capital And Structural Models Of The Distribution Of Earnings: Evidence From Connecticut, A, Bradford F. Mills, Boris E. Bravo-Ureta

Storrs Agricultural Experiment Station

No abstract provided.

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Application Of A Linear Programming Model For Estimating The Economic Impact Of Tourism Development, Marvin W. Kottke Jul 1987

Application Of A Linear Programming Model For Estimating The Economic Impact Of Tourism Development, Marvin W. Kottke

Storrs Agricultural Experiment Station

No abstract provided.

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A Descriptive Study Of School Dropouts By Ethnicity, Socio-Economic Status, And Neighborhood Schools At Pecos High School 1983-1987, Albert Joe Bishop Jul 1987

A Descriptive Study Of School Dropouts By Ethnicity, Socio-Economic Status, And Neighborhood Schools At Pecos High School 1983-1987, Albert Joe Bishop

Graduate Theses

An abstract was not provided.

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Culture, Cash, And Christianity: The German Colonial Experience And The Case Of The Rhenish Mission In New Guinea, Klaus J. Bade Jul 1987

Culture, Cash, And Christianity: The German Colonial Experience And The Case Of The Rhenish Mission In New Guinea, Klaus J. Bade

Pacific Studies

No abstract provided.

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Investment Planning Model For Optimum Allocation Of Natural Gas: A Programming Approach, V Ranganathan, R Ramanathan Jul 1987

Investment Planning Model For Optimum Allocation Of Natural Gas: A Programming Approach, V Ranganathan, R Ramanathan

IIMB Management Review

Natural gas has been recognised for a long time as a primary source in most of the developed countries. However, the developing countries like India did not realisethe full potential in this area till reeently. This is all the more appalling since natural gas seems to be India’s predominant hydrocarbon resources. As per the Advisory Board on Energy, in 1976, an Indo-Soviet geological study team had concluded that 75% of India’s ultimate hydro-carbon reserves were in the form of natural gas.

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Introduction To Lease Financing By Rajas Parchure & Ashok N Kumar, New York: Time Research Foundation, 1985., Prasanna Chandra Jul 1987

Introduction To Lease Financing By Rajas Parchure & Ashok N Kumar, New York: Time Research Foundation, 1985., Prasanna Chandra

IIMB Management Review

No abstract provided.

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Growth And Income Distribution In India: Policy And Performance Since Independence By R. M. Sundrum, New Delhi: Sage Publication, 1987., Ranjit Dhar Jul 1987

Growth And Income Distribution In India: Policy And Performance Since Independence By R. M. Sundrum, New Delhi: Sage Publication, 1987., Ranjit Dhar

IIMB Management Review

No abstract provided.

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Contributors: Vol 10 No. 3, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies Jul 1987

Contributors: Vol 10 No. 3, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Contributors list of Vol. 10 (2009): Pacific Studies Full Issue 3

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Rebecca A. Stephenson's Review Of Ngatupuna Kautai Et Al., Atiu: An Island Community, Rebecca A. Stephenson Jul 1987

Rebecca A. Stephenson's Review Of Ngatupuna Kautai Et Al., Atiu: An Island Community, Rebecca A. Stephenson

Pacific Studies

No abstract provided.

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Technology For Economic Development By P.D. Malgavkar, London: Oxford & Ibh Publishing, 1987., M R Gopalan Jul 1987

Technology For Economic Development By P.D. Malgavkar, London: Oxford & Ibh Publishing, 1987., M R Gopalan

IIMB Management Review

No abstract provided.

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The Term Structure Of Interest Rates (With U.S. Government Term Structure Data), Robert J. Shiller, J. Huston Mcculloch Jul 1987

The Term Structure Of Interest Rates (With U.S. Government Term Structure Data), Robert J. Shiller, J. Huston Mcculloch

Cowles Foundation Discussion Papers

This paper consolidates and interprets the literature on the term structure, as it stands today. Definitions of rates of return, forward rates and holding returns for all time intervals are treated here in a uniform manner and their interrelations, exact or approximate, delineated. The concept of duration is used throughout to simplify mathematical expressions. Continuous compounding is used where possible, to avoid arbitrary distinctions based on compounding assumptions. Both the theoretical and the empirical literature are treated. The attached tables by J. Huston McCulloch give term structure data for U.S. government securities 1946-1987. The tables give discount bond yields, forward …

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Weak Convergence Of Sample Covariance Matrices To Stochastic Integrals Via Martingale Approximations, Peter C.B. Phillips Jul 1987

Weak Convergence Of Sample Covariance Matrices To Stochastic Integrals Via Martingale Approximations, Peter C.B. Phillips

Cowles Foundation Discussion Papers

Under general conditions the sample covariance matrix of a vector martingale and its differences converges weakly to the matrix stochastic integral from zero to one of ∫ 0 1 BdB ’, where B is vector Brownian motion. For strictly stationary and ergodic sequences, rather than martingale differences, a similar result obtains. In this case, the limit is ∫ 0 1 BdB ’ + Λ and involves a constant matrix Λ, of bias terms whose magnitude depends on the serial correlation properties of the sequence. This note gives a simple proof of the result using martingale approximations.

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An Aggregative Disequilibrium Model Of The U.S. Labour Market, Vassilis A. Hajivassiliou Jul 1987

An Aggregative Disequilibrium Model Of The U.S. Labour Market, Vassilis A. Hajivassiliou

Cowles Foundation Discussion Papers

A model is presented in which aggregation over microsectors, each in different extent of disequilibrium, has implications analogous to the standard single aggregate sector switching disequilibrium model. Empirical implementation of the model of this paper is less involved than estimation of the standard model. Hence the approach here may be seen both as providing an underlying micro justification for the switching disequilibrium model, and as a computationally simpler (though statistically less efficient) technique. The model is estimated from post-war labour market quarterly data for the U.S. Manufacturing sector. We find the supply side more satisfactorily determined than in past disequilibrium …

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Bimodal T-Ratios, Peter C.B. Phillips, Vassilis A. Hajivassiliou Jul 1987

Bimodal T-Ratios, Peter C.B. Phillips, Vassilis A. Hajivassiliou

Cowles Foundation Discussion Papers

This paper studies the sampling distribution of the conventional t -ratio when the sample cromprises independent draws from a standard Cauchy (0,1) population. It is shown that this distribution displays a striking bimodality for all sample sizes and that the bimodality persists asymptotically. An asymptotic theory is developed in terms of bivariate stable variates and the bimodality is explained by the statistical dependence between the numerator and denominator statistics of the t -ratio. This dependence also persists asymptotically. These results are in contrast to the classical t statistic constructed from a normal population, for which the numerator and denominator statistics …

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Testing Strictly Concave Rationality, Rosa L. Matzkin, Marcel K. Richter Jul 1987

Testing Strictly Concave Rationality, Rosa L. Matzkin, Marcel K. Richter

Cowles Foundation Discussion Papers

We prove that the Strong Axiom of Revealed Preference tests the existence of a strictly quasiconcave (in fact, continuous, generically C (∞), strictly concave, and strictly monotone) utility function generating finitely many demand observations. This sharpens earlier results of Afriat, Diewert, and Varian that tested (“nonparametrically”) the existence of a piecewise linear utility function that could only weakly generate those demand observations. When observed demand is also invertible, we show that the rationalizing can be done in a C (∞) way, thus extending a result of Chiappori and Rochet from compact sets to all of R ( n ). For …

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