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Social and Behavioral Sciences Commons

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1972

Economics

University of New Mexico

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Full-Text Articles in Social and Behavioral Sciences

A General Analysis Of Economic Indicators For New Mexico, Larry D. Adcock Jun 1972

A General Analysis Of Economic Indicators For New Mexico, Larry D. Adcock

Economics ETDs

The research work described in this thesis constitutes a methodology for deriving short-term economic time series indicators at the state level. A brief discussion of the need for such indicators can be found in Chapter I. Following this chapter, alternative representative series of the level of economic activity are considered. Reported wages and salaries, the dependent variable used in this research work, is discussed in relation to other potential representative series such as Personal Income, Per Capita Income, and Gross State Product.

Criteria for choosing economic time series is listed in Chapter III along with titles and comments about the …


The Demand For Money: A Study Of Paradigms, Gray James Santoni May 1972

The Demand For Money: A Study Of Paradigms, Gray James Santoni

Economics ETDs

This thesis sets out to establish the origin of the controversy that exists with respect to the channel(s) through which monetary phenomena influence economic activity. As a result of the analysis contained in Chapter One, the origin is fixed in the 1930's and identified with the emergence of two schools of thought: Price theoretic Behaviorism and Nominalism. The behaviorists of this period argued that changes in the quantity of money affect economic activity directly as a result of the portfolio adjustments of individuals. Nominalists, on the other hand, maintained that money has meaning only in tic context of society. The …