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Full-Text Articles in Social and Behavioral Sciences

Developments In The Financial System During The Fourth Quarter Of 1987, Central Bank Of Nigeria Cbn Dec 1987

Developments In The Financial System During The Fourth Quarter Of 1987, Central Bank Of Nigeria Cbn

Economic and Financial Review

Growth in monetary aggregates accelerated during the fourth quarter, as the narrow measure of money stock (Ml) rose substantially by 20.2 per cent, compared with 5.0 per cent in the preceding quarter. The major factors responsible for this increase were increased government reliance on bank credit to bridge budgetary gaps and the traditional seasonal rise in demand for credit by the private sector. The broad money (M2) also rose as a result of the rise in Ml and the expansion in commercial banks' time and saving deposit liabilities, following the enhanced yield on these deposits.


State Aid To Public Schools: An Analysis Of State Responsiveness To School District Needs, John P. Pelissero, David R. Morgan Sep 1987

State Aid To Public Schools: An Analysis Of State Responsiveness To School District Needs, John P. Pelissero, David R. Morgan

Political Science: Faculty Publications and Other Works

Despite decades of attempted fiscal reforms throughout virtually every state, most state school aid is still allocated on a per pupil basis. The chance exists, nonetheless, that the remaining funds are at least somewhat targeted to socioeconomic or fiscal need. This research, covering two recent time periods, finds little evidence that non-enrollment-based state aid is targeted to need.


Is Alternative Agriculture For You?, Burton W. Pflueger, Julie Hedin Jun 1987

Is Alternative Agriculture For You?, Burton W. Pflueger, Julie Hedin

Economics Commentator

No abstract provided.


Developments In The Financial System During The Second Quarter Of 1987, Central Bank Of Nigeria Cbn Jun 1987

Developments In The Financial System During The Second Quarter Of 1987, Central Bank Of Nigeria Cbn

Economic and Financial Review

Money supply, Ml declined by_ a further 3.5 per c~nt in the second quarter of 1987 followmg the seasonal decline of 3.8 per cent in the first quarter. The broader ~easure of money stock, M2 which declined by 0.8 per cent m the first quarter, showed an increase of 1.4 per cent in the second quarter. While sharp declines in "other" assets (net) ~d foreign assets depressed Ml in the first quarter, the ma1or contractionary factor in the second quarter was the sharp increase in quasi-money. The pace of expansion of banking system credit to the domestic economy quickened in …


Inter-Sectoral Financing In Nigeria: 1986, Central Bank Of Nigeria Cbn Jun 1987

Inter-Sectoral Financing In Nigeria: 1986, Central Bank Of Nigeria Cbn

Economic and Financial Review

The report shows that the domestic economy was able to finance a sharp increase in capital formation in 1986. Insurance, Oil and Non-oil Businesses and Households, were the net surplus sectors while the governments (Federal and State), Commercial Banks, and OJi.er financial institutions excluding Insurance Companies were the net deficit sectors. Analysis of the financial intermediation during the year showed that lending by the banking system to the economy increased by subtantially more than the increase in the various sectors' deposits with the banks. Activities in the financial markets were dominated by transactions in foreign exchange which accelerated sharply during …


Technical Bulletins: 1987-88 State Revenue Estimates, Federal Revenue Sharing & Local Sales Tax Outlook, Ken Joines, Jim Leuty Apr 1987

Technical Bulletins: 1987-88 State Revenue Estimates, Federal Revenue Sharing & Local Sales Tax Outlook, Ken Joines, Jim Leuty

MTAS Publications: Technical Bulletins

This Technical Bulletin provides the amount of state shared taxes that Tennessee cities were expected to receive for the fiscal year 1987-88. At the time this bulletin was published, the State General Assembly had not yet adjourned and the state budget had not been passed. Therefore, the per capita amounts presented in the bulletin were estimates only and subject to change.


Developments In The Financial System During The First Quarter Of 1987, Central Bank Of Nigeria Cbn Mar 1987

Developments In The Financial System During The First Quarter Of 1987, Central Bank Of Nigeria Cbn

Economic and Financial Review

Money supply as measured by both Ml and M2 declined in the first quarter of 1987 due mainly to declines in net foreign assets and ••other'' assets net of the banking system. Banking system credit, on the other hand increased although at a slower pace than in the last quarter of 1986. While both the money and capital markets remained active during the quarter, the tempo of activities slowed down considerably from the December 1986level.


Interest Rate Risk Management At South Dakota Banks, Pius Reis Jan 1987

Interest Rate Risk Management At South Dakota Banks, Pius Reis

Economics Commentator

No abstract provided.


Regulation Of Government Agencies Through Limitation Riders, Neal Devins Jan 1987

Regulation Of Government Agencies Through Limitation Riders, Neal Devins

Faculty Publications

Congress often attaches limitation riders to appropriations bills to establish its policy directives. Professor Devins argues that the appropriations process is not the proper vehicle for substantive policymaking. In this article, he analyzes institutional characteristics that prevent the full consideration or articulation of policy in appropriations bills. Professor Devins also considers the extent to which Congress's use of limitation riders inhibits the effectiveness of the other branches of the federal government. Professor Devins concludes that, while Congress's use of limitation riders is sometimes necessary, Congress should be aware of the significant risks associated with policymaking through the appropriations process.


The Leverage Problem In The Valuation Of Privately Held Firms, Thomas D. Berry, John Houston Dec 1986

The Leverage Problem In The Valuation Of Privately Held Firms, Thomas D. Berry, John Houston

Thomas D Berry

No abstract provided.