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Articles 39991 - 40020 of 47282

Full-Text Articles in Social and Behavioral Sciences

Stabilizing An Unstable Economy, Hyman P. Minsky Ph.D. Sep 1986

Stabilizing An Unstable Economy, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Prepared for a Bank Credit Analyst Conference held in the Plaza Hotel, NYC. This paper was subsequently included in the Special Monograph published bytheBank /credit Analyst, "The Escalation in Debt and Disinflation: Prelude to Financial Mania and Crash?" which is also included here.

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Human Resource Policy Issues: Panel On Technology And Employment, Committee On Science, Engineering, And Public Policy, H. Allan Hunt Sep 1986

Human Resource Policy Issues: Panel On Technology And Employment, Committee On Science, Engineering, And Public Policy, H. Allan Hunt

Testimonies

No abstract provided.

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Cash Settlement For Feeder Cattle, Gene E. Murra Sep 1986

Cash Settlement For Feeder Cattle, Gene E. Murra

Economics Commentator (1972- 2016)

No abstract provided.

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How To Maintain Full Employment, Hyman P. Minsky Ph.D. Sep 1986

How To Maintain Full Employment, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

One of the ongoing columns, "The ECONOMY from the Not-So Ivory Tower."

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On The Formulation Of Wald Tests Of Nonlinear Restrictions, Peter C.B. Phillips, Joon Y. Park Sep 1986

On The Formulation Of Wald Tests Of Nonlinear Restrictions, Peter C.B. Phillips, Joon Y. Park

Cowles Foundation Discussion Papers

This paper utilizes asymptotic expansions to investigate alternative forms of the Ward set of nonlinear restrictions. Some formulae for the asymptotic expansion of the distribution of the Wald statistic are provided for a general case. When specialized to the simple cases that have been studied recently in the literature, these formulae are found to explain rather well the discrepancies in sampling behavior that have been observed by other authors. It is further shown how the correction delivered by the Edgeworth expansion may be used to find transformations of the restrictions which accelerate convergence to the asymptotic distribution.

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Asymptotic Equivalence Of Ols And Gls In Regressions With Integrated Regressors, Peter C.B. Phillips, Joon Y. Park Sep 1986

Asymptotic Equivalence Of Ols And Gls In Regressions With Integrated Regressors, Peter C.B. Phillips, Joon Y. Park

Cowles Foundation Discussion Papers

In the multiple regression model y t = x’ t β + u t where { u t } is stationary and x t is an integrated m -vector process it is shown that the asymptotic distributions of the ordinary least squares (OLS) and generalized least squares (GLS) estimators of β are identical. This generalizes a recent result obtained by Kramer (1986) for simple two variate regression. Our approach makes use of a multivariate invariance principle and yields explicit representations of the asymptotic distributions in terms of fuctionals of vector Brownian motion. Some useful assumption results for hypothesis tests in …

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Foreign Private Investment In Nigeria In 1984, Central Bank Of Nigeria Cbn Sep 1986

Foreign Private Investment In Nigeria In 1984, Central Bank Of Nigeria Cbn

Economic and Financial Review

This report presents the results of the Central Bank of Nigeria's annual survey of Foreign Private Investment in the country in 1984. The survey was conducted through questionnaires sent to companies I whose capital structure was wholly foreign 2 or joint Nigeria/Foreign. The report is presented under the following subheadings: flow of foreign private capital, components of net capital flow, cumulative and net investments by country/region of origin and economic sectors, cumulative/net short and long term investment, cumulative and net investment in the manufacturing and processing sector by type of industry, stock of fixed asset at cost and at book …

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Developments In Nigeria's External Sector During The Third Quarter Of 1986, Central Bank Of Nigeria Cbn Sep 1986

Developments In Nigeria's External Sector During The Third Quarter Of 1986, Central Bank Of Nigeria Cbn

Economic and Financial Review

Nigeria's external transactions during the third quarter of 1986 resulted in a net inflow of N466.9 million in contrast with the net outflows of N25 million at the end of the preceding quarter and N247.1 million during the third quarter of 1985 (See Table 1). The apparent tum-around, did not, however, reflect any real improvement in the country's tight foreign exchange situation. In fact, outstanding arrears on current transactions at the end of the quarter showed an increase over the level at the end of the second quarter. The net inflow figure therefore was largely the result of administrative measures …

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Developments In The Financial System During The Third Quarter Of 1986, Central Bank Of Nigeria Cbn Sep 1986

Developments In The Financial System During The Third Quarter Of 1986, Central Bank Of Nigeria Cbn

Economic and Financial Review

The narrow measure of money stock, (Ml), declined during the third quarter due, on the one hand, to increases in quasi money and 'other' assets of the banking system and on the other, partially offsetting increases in foreign assets and in credit to the domestic economy. The broader measure, (M2), maintained an upward trend. The money and capital market both recorded moderate increases in the level activities during the quarter.

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Developments In The Agricultural Sector Of The Economy During The Third Quarter Of 1986, Central Bank Of Nigeria Cbn Sep 1986

Developments In The Agricultural Sector Of The Economy During The Third Quarter Of 1986, Central Bank Of Nigeria Cbn

Economic and Financial Review

Harvesting of grains and tubers was the dominant activity in the agricultural sector in most parts of the country during the third quarter of 1986. In spite of the lower-than-average amounts of rainfall recorded during the first half of the year, a bumper harvest of maize, rice, yams and cassava was reported

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Review Of "Sources Of Economic-Growth In Korea: 1963-1982" By K.-S. Kim And J.-K. Park, Larry E. Westphal Sep 1986

Review Of "Sources Of Economic-Growth In Korea: 1963-1982" By K.-S. Kim And J.-K. Park, Larry E. Westphal

Economics Faculty Works

No abstract provided.

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Monetary Policy, Fiscal Policy, And Aggregate Economic Activity In Korea, Abdur Chowdhury Sep 1986

Monetary Policy, Fiscal Policy, And Aggregate Economic Activity In Korea, Abdur Chowdhury

Economics Faculty Research and Publications

No abstract provided.

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Santa Fe Special Population Trasport_Sep 1986, David Boldt Sep 1986

Santa Fe Special Population Trasport_Sep 1986, David Boldt

BBER Publications

The study assessed travel behavior, willingness to use and pay for public transit, transportation barriers, awareness of existing transit programs, and support for funding public transportation.

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Business Capitol District Transportation_Sep 1986, David Boldt Sep 1986

Business Capitol District Transportation_Sep 1986, David Boldt

BBER Publications

The study was based on a large survey conducted during May and June 1986 to assess perceptions of parking shortages, responsibility for parking provision and payment, and support for a potential peripheral parking and shuttle-bus system.

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Business Capitol District Transportation Study, University Of New Mexico Bureau Of Business And Economic Research Sep 1986

Business Capitol District Transportation Study, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

This report analyzes the opinions and behaviors of downtown workers regarding traffic and congestion issues in the Business Capitol District of Santa Fe, New Mexico. Based on a robust sample of 1,162 returned questionnaires, the study establishes that 88.2% of downtown workers perceive parking to be a persistent, major problem. To resolve this, 39.9% place the primary responsibility on the City of Santa Fe to provide space, while a strong financial consensus indicates that employers should absorb parking costs, with 37.4% favoring full employer coverage and 33.8% backing shared employer-employee funding.

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Santa Fe Special Population Transportation Study, University Of New Mexico Bureau Of Business And Economic Research Sep 1986

Santa Fe Special Population Transportation Study, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

This report assesses the demand, priorities, and willingness to pay for a public transit system among vulnerable or targeted demographic groups—specifically handicapped individuals, medical patients, senior citizens, and local college students—in Santa Fe, New Mexico. Based on 299 gathered questionnaires, the study concludes that 80.8% of this special population sample would utilize a public bus system if established. Funding support is heavily favored, with 81.8% approving the use of city funds to secure equipment and a 61.5% majority supporting additional taxes to subsidize the service.

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Business Climate A Comparison Of Select_Sep 1986, David Boldt, Brian Mcdonald Sep 1986

Business Climate A Comparison Of Select_Sep 1986, David Boldt, Brian Mcdonald

BBER Publications

The report compares the business climates of ten western metropolitan areas, including Albuquerque, Austin, Tucson, Salt Lake City, and Sacramento, using measures such as market access, taxes, labor costs, education, defense spending, cost of living, and quality of life. The report concludes that factors such as labor costs, educational attainment, access to markets, and defense expenditures appear to be more influential in economic growth and business attraction than taxes alone.

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Risk Management And Marketing, Gene E. Murra Aug 1986

Risk Management And Marketing, Gene E. Murra

Economics Commentator (1972- 2016)

No abstract provided.

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Agricultural Structure And Change: Litchfield County, Connecticut, William H. Groff Aug 1986

Agricultural Structure And Change: Litchfield County, Connecticut, William H. Groff

Storrs Agricultural Experiment Station

No abstract provided.

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Limiting Distributions Of The Number Of Pure Strategy Nash Equilibria In N-Person Games, Imelda Yeung Powers Aug 1986

Limiting Distributions Of The Number Of Pure Strategy Nash Equilibria In N-Person Games, Imelda Yeung Powers

Cowles Foundation Discussion Papers

In this paper, we study the number of pure strategy Nash equilibria in a “random” n -person non-cooperative game in which all players have a countable number of strategies. We provide explicit expressions for the expected number of pure strategy Nash Equilibria, and show that the distribution of the number of pure strategy Nash Equilibria approaches the Poisson distribution with mean 1 as the numbers of strategies of two or more players go to infinity.

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Power In Econometric Applications, Donald W.K. Andrews Aug 1986

Power In Econometric Applications, Donald W.K. Andrews

Cowles Foundation Discussion Papers

This paper is concerned with the use of power properties of tests in econometric applications. Power radius and inverse power functions are defined. These functions are designed to yield summary measures of power that facilitate the interpretation of test results in practice. Simple approximations are introduced for the power radius and inverse power functions of Wald, likelihood ration, Lagrange multiplier, and Hausman tests. These approximations readily convey the general qualitative features of the power of a test. Examples are provided to illustrate their usefulness in interpreting test results.

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Temporal Dependence In Limited Dependent Variable Models: Theoretical And Monte-Carlo Results, Vassilis A. Hajivassiliou Aug 1986

Temporal Dependence In Limited Dependent Variable Models: Theoretical And Monte-Carlo Results, Vassilis A. Hajivassiliou

Cowles Foundation Discussion Papers

This paper analyzes the consistency properties of classical estimators for limited dependent variables models, under conditions of serial correlation in the unobservables. A unified method of proof is used to show that for certain cases (e.g., Probit, Tobit and Normal Switching Regimes models, which are normality-based) estimators that neglect particular types of serial dependence (specifically, corresponding to the class of “mixing” processes) are still consistent. The same line of proof fails for the analogues to the above models that impose logistic distributional assumptions, thus indicating that normality plays a special role in these problems. Sets of Monte-Carlo experiments are then …

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Bark Or Bite Perspectives On Economic Sanctions For Foreign Policy Objectives, Rodney W. Skotty Aug 1986

Bark Or Bite Perspectives On Economic Sanctions For Foreign Policy Objectives, Rodney W. Skotty

Graduate Program in International Studies Theses & Dissertations

Economic sanctions have been used throughout history to coerce target nations to acquiesce in the objectives of nations that impose them. The record of achievement, using sanctions as a tool of foreign policy, has been poor. Regardless, nations continue to use economic sanctions to attain their goals despite their relative ineffectiveness. And as nations apply sanctions frequently to resolve international conflicts, such frequency tends to impair the credibility of sanctions as an implement of foreign policy. The fact that they are imposed frequently, also reflects that they are used to rectify lesser violations of the international norm. In view of …

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Psc Unm Electrical Forecasting Model_Aug 1986, Alfred Parker, Thomas Goodwin, Shaul Ben-David, Brian Mcdonald Aug 1986

Psc Unm Electrical Forecasting Model_Aug 1986, Alfred Parker, Thomas Goodwin, Shaul Ben-David, Brian Mcdonald

BBER Publications

The report developed a statewide econometric forecasting system designed to project electric energy consumption (GWh) and peak-load requirements (MW) through 2005 for New Mexico's major electric utilities and service territories.

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Is The Party About To End?, Hyman P. Minsky Ph.D. Jul 1986

Is The Party About To End?, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

One of the ongoing columns “The Economy from the Not-so Ivory Tower.”

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The Fiji Labor Trade In Comparative Perspective, 1864-1914, Ralph Shlomowitz Jul 1986

The Fiji Labor Trade In Comparative Perspective, 1864-1914, Ralph Shlomowitz

Pacific Studies

No abstract provided.

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Management Of Personnel In Small Business, B R Patil Jul 1986

Management Of Personnel In Small Business, B R Patil

IIMB Management Review

No abstract provided.

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Testing For A Unit Root In Time Series Regression, Peter C.B. Phillips, Pierre Perron Jul 1986

Testing For A Unit Root In Time Series Regression, Peter C.B. Phillips, Pierre Perron

Cowles Foundation Discussion Papers

This paper proposes some new tests for detecting the presence of a unit root in quite general time series models. Our approach is nonparametric with respect to nuisance parameters and thereby allows for a very wide class of weakly dependent and possibly heterogeneously distributed data. The tests accommodate models with a fitted drift and a time trend so that they may be used to discriminate between unit root nonstationarity and stationarity about a deterministic trend. The limiting distributions of the statistics are obtained under both the unit root null and a sequence of local alternatives. The latter noncentral distribution theory …

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Weak Convergence To The Matrix Stochastic Integral Bdb, Peter C.B. Phillips Jul 1986

Weak Convergence To The Matrix Stochastic Integral Bdb, Peter C.B. Phillips

Cowles Foundation Discussion Papers

The asymptotic theory of regression with integrated processes of the ARIMA type frequently involves weak convergence to stochastic integrals of the form ∫ 0 1 WdW , where W ( r ) is standard Brownian motion. In multiple regressions and vector autoregressions with vector ARIMA processes the theory involves weak convergence to matrix stochastic integrals of the form ∫ 0 1 BdB ’, where B ( r ) is vector Brownian motion with non scalar covariance matrix. This paper studies the weak convergence of sample covariance matrices to ∫ 0 1 BdB ’ under quite general conditions. The theory is …

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Quasirents, Influence And Organization Form, Paul R. Milgrom Jul 1986

Quasirents, Influence And Organization Form, Paul R. Milgrom

Cowles Foundation Discussion Papers

When changing jobs is costly, efficient employment arrangements are characterized by complex contracts, rather than simply wages. Under these contracts, workers are not generally fully compensated for the effects of post-employment events or decisions. As a consequence, if there is a central office executive with discretionary authority to make decisions, employees will be led to waste valuable time in attempts to influence his decisions. Efficient organization design balances these “influence costs” against the benefits of improved appraisal, coordination, and planning that such an executive can provide. Identifying influence costs requires first identifying the kinds of decisions about which employees will …

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