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1970

Economics

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Articles 1 - 30 of 159

Full-Text Articles in Social and Behavioral Sciences

Taxation, Risk-Taking, And The Allocation Of Investment In A Competitive Economy, Joseph E. Stiglitz Dec 1970

Taxation, Risk-Taking, And The Allocation Of Investment In A Competitive Economy, Joseph E. Stiglitz

Cowles Foundation Discussion Papers

No abstract provided.


Economic Sophistication In Nineteenth Century Congressional Tariff Debates, Richard C. Edwards Dec 1970

Economic Sophistication In Nineteenth Century Congressional Tariff Debates, Richard C. Edwards

Department of Economics: Faculty Publications

One of the most controversial economic issues confronting the American public during the nineteenth century was that of protection. The plea for a protective tariff had been raised as soon as the First Congress met in 1789. The issue was sharply debated off and on throughout the nineteenth century but never finally resolved. There is now a large literature relating the outcome of this issue to the economic and political interests of various involved groups.

Little effort has been made, however, to assess the impact of the tariff on economic growth, employment, and the dispersion of new technology. Nor has …


The Property Tax: An Excise Tax Or A Profits Tax?, Peter M. Mieszkowski Nov 1970

The Property Tax: An Excise Tax Or A Profits Tax?, Peter M. Mieszkowski

Cowles Foundation Discussion Papers

No abstract provided.


The Badly Behaved Economy With The Well Behaved Production Function, Joseph E. Stiglitz Oct 1970

The Badly Behaved Economy With The Well Behaved Production Function, Joseph E. Stiglitz

Cowles Foundation Discussion Papers

No abstract provided.


On Durbin's Test For Serial Correlation In Distributed Lag Models, G. S. Maddala, A. S. Rao Oct 1970

On Durbin's Test For Serial Correlation In Distributed Lag Models, G. S. Maddala, A. S. Rao

Cowles Foundation Discussion Papers

No abstract provided.


Equilibrium And Demand For Media Of Exchange In A Pure Exchange Economy With Transactions Costs, Ross M. Starr Oct 1970

Equilibrium And Demand For Media Of Exchange In A Pure Exchange Economy With Transactions Costs, Ross M. Starr

Cowles Foundation Discussion Papers

No abstract provided.


On The Asymptotic Properties Of Certain Two-Step Procedures Commonly Used In The Estimation Of Distributed Lag Models, David M. Grether, G. S. Maddala Oct 1970

On The Asymptotic Properties Of Certain Two-Step Procedures Commonly Used In The Estimation Of Distributed Lag Models, David M. Grether, G. S. Maddala

Cowles Foundation Discussion Papers

No abstract provided.


Ua68/10/1 Sociological Symposium No. 5 – Pre-Adulthood Life Cycle Series, Wku Sociology Oct 1970

Ua68/10/1 Sociological Symposium No. 5 – Pre-Adulthood Life Cycle Series, Wku Sociology

WKU Archives Records

Table of Contents:

  • Angrist, Shirley. Personality Maladjustment & Career Aspirations of College Women
  • Belcher, John C. Living Arrangements of Youth
  • Bregenzer, John M. Campus Dress Styles as Communication
  • Longino, Charles F. Jr. Student Ecology: The Sociology of College Life
  • Reed, John P. & Robin S. Reed. Profile of the Student Censor: A Research Note on Pornography
  • Richard, Michel P. Encounter with Deserters
  • Shostak, Arthur B. Young Adulthood in the Blue Collar Class
  • Simmons, Robert H. & A. Didrick Castberg. The Political Context of Student Protest
  • Stanfield, Robert E. A Typology of Student Role Orientations


Systematic Biases In Panel Surveys Due To Differential Nonresponse., William (Bill) H. Williams, Colin L. Mallows Phd Sep 1970

Systematic Biases In Panel Surveys Due To Differential Nonresponse., William (Bill) H. Williams, Colin L. Mallows Phd

Publications and Research

Panel surveys involve repeated observations on the same sample units of the population. In some of these studies, systematic biases have appeared. It is shown that these systematic biases can also be he result of the characteristics of the response probabilities.


Production, Price, And Inventory Theory, George A. Hay Sep 1970

Production, Price, And Inventory Theory, George A. Hay

Cornell Law Faculty Publications

This paper is an attempt to derive empirically testable hypotheses regarding the principal determinants of firms' decisions on production, price, and finished goods inventory. The general approach to the problem is that many of the same factors which affect the optimal value for one variable will also influence decisions on the other two, and that a "proper" model must take into account the interdependence of these variables and the simultaneous nature of the decisions involving them. This is in contrast to literature on the theory of inventories (see Paul Darling and Michael Lovell) in which the firm is assumed to …


Differential Taxation, Public Goods, And Economic Efficiency, Joseph E. Stiglitz, Partha Dasgupta Sep 1970

Differential Taxation, Public Goods, And Economic Efficiency, Joseph E. Stiglitz, Partha Dasgupta

Cowles Foundation Discussion Papers

No abstract provided.


Non-Linear Time Series Regression, E. J. Hannan Sep 1970

Non-Linear Time Series Regression, E. J. Hannan

Cowles Foundation Discussion Papers

No abstract provided.


Recent Developments In Price Dynamics, William D. Nordhaus Aug 1970

Recent Developments In Price Dynamics, William D. Nordhaus

Cowles Foundation Discussion Papers

No abstract provided.


An Econometric Model Of Postwar Japan, Fumimasa Hamada Aug 1970

An Econometric Model Of Postwar Japan, Fumimasa Hamada

Cowles Foundation Discussion Papers

No abstract provided.


How Serious Is The U.S. Recession, Hyman P. Minsky Ph.D. Jul 1970

How Serious Is The U.S. Recession, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Reprinted in The London and Cambridge Economic Bulletin. Originally published in The Times (London) 15 April 1970.


Price Duopoly And Capacity Constraints, Richard E. Levitan, Martin Shubik Jul 1970

Price Duopoly And Capacity Constraints, Richard E. Levitan, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


Duopoly With Price And Quantity As Strategic Variables, Richard E. Levitan, Martin Shubik Jul 1970

Duopoly With Price And Quantity As Strategic Variables, Richard E. Levitan, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


The Structure Of Exchange In Barter And Monetary Economies, Ross M. Starr Jun 1970

The Structure Of Exchange In Barter And Monetary Economies, Ross M. Starr

Cowles Foundation Discussion Papers

No abstract provided.


The Teaching Of Economics - A Radical Approach To Economics: Basis For A New Curriculum, Richard C. Edwards, Arthur Macewan May 1970

The Teaching Of Economics - A Radical Approach To Economics: Basis For A New Curriculum, Richard C. Edwards, Arthur Macewan

Department of Economics: Faculty Publications

The purpose of this paper is to outline a radical approach to economics and to suggest how several important social problems might be dealt with in that framework. Our effort to develop a new curriculum is motivated by the conviction that the orthodox approach to economics cannot deal with the important problems of modern society.

Orthodox economic analysis as presented from the elementary course through the graduate seminar is based upon an acceptance of the status quo in social relations. Microanalysis presupposes the individualistic ownership and decision-making systems typical of capitalist societies, and in this narrow context the pecuniary behavior …


Economic Impact Of St. Cloud State College: A Study Into The Costs And The Economic Contributions Of St. Cloud State (May 1970), Gerald Gamber May 1970

Economic Impact Of St. Cloud State College: A Study Into The Costs And The Economic Contributions Of St. Cloud State (May 1970), Gerald Gamber

St. Cloud State University Economic Impact Reports

Economic impact of St. Cloud State on the city of St. Cloud.


The Reconsideration Of Keynesian Economics, Hyman P. Minsky Ph.D. Apr 1970

The Reconsideration Of Keynesian Economics, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A talk prepared for the 1970 Conference of the British Association of University Teachers of Economics, Queens University, Belfast on Tuesday, April 7, 1970.


On The Existence Of A Cooperative Solution For A General Class Of N-Person Games, Herbert E. Scarf Apr 1970

On The Existence Of A Cooperative Solution For A General Class Of N-Person Games, Herbert E. Scarf

Cowles Foundation Discussion Papers

No abstract provided.


Time Series Regression With Linear Constraints, E. J. Hannan, R. D. Terrell Apr 1970

Time Series Regression With Linear Constraints, E. J. Hannan, R. D. Terrell

Cowles Foundation Discussion Papers

No abstract provided.


Aggregation And Disaggregation In The Pure Theory Of Capital And Growth: A New Parable, Martin L. Weitzman Apr 1970

Aggregation And Disaggregation In The Pure Theory Of Capital And Growth: A New Parable, Martin L. Weitzman

Cowles Foundation Discussion Papers

No abstract provided.


The Estimation Of Mixed Regression, Autoregression, Moving Average And Distributed Lag Models, D. F. Nichols Apr 1970

The Estimation Of Mixed Regression, Autoregression, Moving Average And Distributed Lag Models, D. F. Nichols

Cowles Foundation Discussion Papers

No abstract provided.


Food Prices In Relation To Income Levels In New York City, Roger E. Alcaly, Alvin K. Klevorick Apr 1970

Food Prices In Relation To Income Levels In New York City, Roger E. Alcaly, Alvin K. Klevorick

Cowles Foundation Discussion Papers

No abstract provided.


Differential Tariffs, Negative Value-Added And The Theory Of Effective Protection, Augustine H. H. Tan Mar 1970

Differential Tariffs, Negative Value-Added And The Theory Of Effective Protection, Augustine H. H. Tan

Research Collection School Of Economics

This article examines the implications for effective protection(EP) theory of allowing variable factor proportions and general equilibrium repercussions. The first claim of EP theory, is that it provides a measure of the maximum proportionate increase in factor rewards permitted by a tariff structure, as compared to a free trade regime. EP rates predict only a particular direction of resource flows whereas general equilibrium analysis, with variable input coefficients, indicates that flows contrary to EP prediction are possible. Two examples are provided, first, where there is a uniform tariff on final goods; and second, where one final sector has a higher …


Adjustment Costs And The Flexible Accelerator, George A. Hay Feb 1970

Adjustment Costs And The Flexible Accelerator, George A. Hay

Cornell Law Faculty Publications

The flexible accelerator concept has provided the rationale for the regression equations used in several recent econometric studies of inventory behavior. In such a model a desired (or equilibrium) level of inventories is defined, but because of costs involved in changing the level of stocks only a partial adjustment of inventories to their desired level is achieved in any time period. This leads to the familiar decision rule in which current inventory is a linear function of the previous period's stock plus a variable or set of variables representing current demand.

The purpose of this note is to question whether …


Passage To Pakistan, Hyman P. Minsky Ph.D. Feb 1970

Passage To Pakistan, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

“Passage to Pakistan," pp. 27-31, in Trans-Action [Social Science and Modern Society], Vol. 7, No. 4, Feb. 1970.


Economic Growth And International Trade With Transport Costs, Horst Herberg Jan 1970

Economic Growth And International Trade With Transport Costs, Horst Herberg

Department of Economics Research Reports

No abstract provided.