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1998

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Economics

Institution
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Articles 1 - 30 of 308

Full-Text Articles in Social and Behavioral Sciences

Tax Planning And Management Considerations For Farmers In '98, Michel Haigh, Burton Pflueger Dec 1998

Tax Planning And Management Considerations For Farmers In '98, Michel Haigh, Burton Pflueger

Economics Commentator

No abstract provided.

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Review Of Mastered By The Clock: Time, Slavery, And Freedom In The American South By Mark M. Smith, Jeffrey Rogers Hummel Dec 1998

Review Of Mastered By The Clock: Time, Slavery, And Freedom In The American South By Mark M. Smith, Jeffrey Rogers Hummel

Faculty Publications

No abstract provided.

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Pastoral Resources And Their Management In The Sandstone-Yalgoo-Paynes Find Area, Western Australia, A M E Van Vreeswyk, P. T. Godden Dec 1998

Pastoral Resources And Their Management In The Sandstone-Yalgoo-Paynes Find Area, Western Australia, A M E Van Vreeswyk, P. T. Godden

Agriculture reports

This report covers about 94,700 square kilometres of rangelands in the Sandstone-Yalgoo-Paynes Find area of Western Australia. The area lies within 27°S and 30°S latitudes, and 115°30'E and 120°E longitudes and includes the towns of Sandstone, Yalgoo and Paynes Find. The northern, southern, and eastern limits of the survey area are largely defined by the boundaries of the 1:250,000 scale series map sheets.The western limit is the boundary between the pastoral and agricultural area.

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Some Current Issues In Agriculture; Dairy Riding High, But Rougher Times Ahead, Evert Van Der Sluis, Donald Peterson Dec 1998

Some Current Issues In Agriculture; Dairy Riding High, But Rougher Times Ahead, Evert Van Der Sluis, Donald Peterson

Economics Commentator

No abstract provided.

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An Assessment Of The Ohio Thomas Edison Program, Dean M. Prestegaard, Adina Swirski Wolf, Donald T. Iannone, Ziona Austrian Dec 1998

An Assessment Of The Ohio Thomas Edison Program, Dean M. Prestegaard, Adina Swirski Wolf, Donald T. Iannone, Ziona Austrian

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.

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Industrial Resources: Rowan County - Morehead, Kentucky Library Research Collections Dec 1998

Industrial Resources: Rowan County - Morehead, Kentucky Library Research Collections

Rowan County

"Resources for Economic Development: Morehead, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Morehead/Rowan County Economic Development Council, Inc., December 1998. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, duel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

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Industrial Resources: Mason County - Maysville, Kentucky Library Research Collections Dec 1998

Industrial Resources: Mason County - Maysville, Kentucky Library Research Collections

Mason County

"Resources for Economic Development: Maysville, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Maysville-Mason County Industrial Authority, December 1998. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

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Industrial Resources: Marion County - Lebanon, Kentucky Library Research Collection Dec 1998

Industrial Resources: Marion County - Lebanon, Kentucky Library Research Collection

Marion County

"Resources for Economic Development: Lebanon, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation Lebanon/Marion County Economic Development Office, December 1998. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

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Industrial Resources: Hart County, Kentucky Library Research Collections Dec 1998

Industrial Resources: Hart County, Kentucky Library Research Collections

Hart County

"Resources for Economic Development: Hart County, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Hart County Chamber of Commerce/Industrial Authority, December 1998. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

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Cheap Talk And Co-Ordination With Payoff Uncertainty, Sandeep Baliga, Stephen Morris Dec 1998

Cheap Talk And Co-Ordination With Payoff Uncertainty, Sandeep Baliga, Stephen Morris

Cowles Foundation Discussion Papers

Two players seek to co-ordinate their behavior in an incomplete information setting. We show that if each player’s preferences over his opponent’s action is independent of his own action or type, then cheap talk cannot expand the set of equilibrium outcomes.

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A Theory Of The Onset Of Currency Attacks, Stephen Morris, Hyun Song Shin Dec 1998

A Theory Of The Onset Of Currency Attacks, Stephen Morris, Hyun Song Shin

Cowles Foundation Discussion Papers

The swiftness and devastating impact of recent financial crises have taken many market participants by surprise, and pose challenges for economists seeking a theory of the onset of a crisis. We propose such a theory based on two features. The actions of diverse economic actors which undermine the currency are mutually reinforcing, while the fragmented nature of the media create small disparities in their information. In such circumstances, the beliefs of market participants can be tracked in the same way as the economic fundamentals, and an attack is triggered when the economic fundamentals deteriorate sufficiently to fall below the minimum …

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Estimating Yield Curves By Kernel Smoothing Methods, Oliver B. Linton, E. Mammen, Jens Perch Nielsen, C. Tanggaard Dec 1998

Estimating Yield Curves By Kernel Smoothing Methods, Oliver B. Linton, E. Mammen, Jens Perch Nielsen, C. Tanggaard

Cowles Foundation Discussion Papers

We introduce a new method for the estimation of discount functions, yield curves and forward curves for coupon bonds. Our approach is nonparametric and does not assume a particular functional form for the discount function although we do show how to impose various important restrictions in the estimation. Our method is based on kernel smoothing and is defined as the minimum of some localized population moment condition. The solution to the sample problem is not explicit and our estimation procedure is iterative, rather like the backfitting method of estimating additive nonparametric models. We establish the asymptotic normality of our methods …

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Dynamic Common Agency, Dirk Bergemann, Juuso Välimäki Dec 1998

Dynamic Common Agency, Dirk Bergemann, Juuso Välimäki

Cowles Foundation Discussion Papers

We consider a general model of dynamic common agency with symmetric information. We focus on Markov perfect equilibria and characterize the equilibrium set for a refinement of the Markov perfect equilibria. Particular attention is given to the existence of a marginal contribution equilibrium where each principal receives her contribution to the coalition of agent and remaining principals. The structure of the intertemporal payoffs is analyzed in terms of the flow marginal contribution. As a byproduct, new results for the static common agency game are obtained. The general characterization results are then applied to two dynamic bidding games for a common …

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Review Of The Rise Of Political Economy As A Science By Deborah Redman, John B. Davis Dec 1998

Review Of The Rise Of Political Economy As A Science By Deborah Redman, John B. Davis

Economics Faculty Research and Publications

No abstract provided.

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Portable Wood Burning Camp Stove: United States Patent, John B. Hall Professor Dec 1998

Portable Wood Burning Camp Stove: United States Patent, John B. Hall Professor

Economics Faculty Publications and Presentations

Portable camp stove, wherein solid-fuel, especially of dried tree and bush twigs, is burned upon a supporting fuel grate positioned at bottom of a combustion-chamber. Solid-fuel is added directly into the combustion-chamber during operation through alligned stoke holes in a chimney and a vented-fire-ring, and then dropped vertically downward through an exhaust vent. Air for primary combustion is drawn into the combustion-chamber through a ring of intake apertures adjacent to and above the stove's bottom plate. Stove's outer wall is spaced apart from the wall of the combustion-chamber and the two walls are joined together and sealed by a top …

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A Cross Country Evaluation Of Active Labor Programs In Hungary And Poland, Christopher J. O'Leary Dec 1998

A Cross Country Evaluation Of Active Labor Programs In Hungary And Poland, Christopher J. O'Leary

Reports

No abstract provided.

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U.S. Farm Policy: Prospects For Crop System Diversity; Proposed Stocker Contract - Cme, Linda M. Dumke, Thomas L. Dobbs, Gene Murra Nov 1998

U.S. Farm Policy: Prospects For Crop System Diversity; Proposed Stocker Contract - Cme, Linda M. Dumke, Thomas L. Dobbs, Gene Murra

Economics Commentator

No abstract provided.

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Returns To Public Investments In Agriculture With Imperfect Downstream Competition, Stephen F. Hamilton, David L. Sunding Nov 1998

Returns To Public Investments In Agriculture With Imperfect Downstream Competition, Stephen F. Hamilton, David L. Sunding

Economics

A multiple-market framework is developed to measure the size and distribution of research benefits. The model considers an upstream raw product market and a downstream finished product market and allows for imperfect competition in the intermediary food-processing sector. A central conceptual result is derived: an increase in raw product output is a sufficient condition for cost- reducing innovations in the farm sector to increase social welfare. A special case of linear farm supply and isoelastic processing production functions reveals that necessary conditions for welfare to decrease are a convergent farm supply shift, an oligopsonistic upstream market configuration, and increasing returns-to-scale …

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Beyond Mystification: Reconnecting World-System Theory For Comparative Education, Thomas Clayton Nov 1998

Beyond Mystification: Reconnecting World-System Theory For Comparative Education, Thomas Clayton

Linguistics Faculty Publications

No abstract provided.

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Evaluating The Effectiveness Of Active Labor Programs In Hungary, Christopher J. O'Leary Nov 1998

Evaluating The Effectiveness Of Active Labor Programs In Hungary, Christopher J. O'Leary

Upjohn Institute Technical Reports

No abstract provided.

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Fiat Money And The Efficient Financing Of The Float, Production And Consumption. Part I: The Float, Martin Shubik Nov 1998

Fiat Money And The Efficient Financing Of The Float, Production And Consumption. Part I: The Float, Martin Shubik

Cowles Foundation Discussion Papers

The basic distinction in the optimization conditions between the general equilibrium model of a T period exchange economy and a strategic market game process model is between a set of equations homogeneous of order zero and a set of nonhomogeneous equations. The latter have an amount M of outside or fiat money added to the system. If there is an outside bank willing to lend or accept deposits at an interest rate rho > 0 at the end of time T the initial amount of money M will have been consumed in interest payments to the outside bank. The price level …

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Residential Choices And Prospective Risks Of Nursing Home Entry, Kenneth A. Couch, Duke Kao Nov 1998

Residential Choices And Prospective Risks Of Nursing Home Entry, Kenneth A. Couch, Duke Kao

Center for Policy Research

Nationally representative estimates of the prospective risk of entry into a nursing home and the likelihood of residing in a nursing home are obtained using data from the Longitudinal Study of Aging: 1984-1990. The roles of demographic characteristics, kin availability, and health status in determining entry into and residence in nursing homes is examined. Caregivers facilitate community residence and reduce the risk of nursing home entry for those with functional limitations. Dementia in combination with functional limitations increases the risk of nursing home entry.

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Traditionality, Modernity, And Household Composition: Parent-Child Coresidence In Contemporary Turkey, Hakan Aykan, Douglas A. Wolf Nov 1998

Traditionality, Modernity, And Household Composition: Parent-Child Coresidence In Contemporary Turkey, Hakan Aykan, Douglas A. Wolf

Center for Policy Research

We investigate the patterns and correlates of currently married adult children’s coresidence with their parents in Turkey, using data from the 1993 Turkish Demographic and Health Survey. We are particularly interested in “traditional” patterns of coresidence—that is, coresidence with one or both of the husband’s parents—and the effects of variables measuring traditionality at the individual and contextual levels on coresidence with any parent, and with the husband’s parents. The results indicate that coresidence among currently married children is not the norm. However, the odds of coresidence with the husband’s parents, given that a couple coresides with any parent, are very …

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Evaluating Density Forecasts With Applications To Financial Risk Management, Francis X. Diebold, Todd A. Gunther, Anthony S. Tay Nov 1998

Evaluating Density Forecasts With Applications To Financial Risk Management, Francis X. Diebold, Todd A. Gunther, Anthony S. Tay

Research Collection School Of Economics

We propose methods for evaluating density forecasts. We focus primarily on methods that are applicable regardless of the particular user’s loss function. We illustrate the methods with a detailed simulation example, and then we present an application to density forecasting of daily stock market returns. We discuss extensions for improving suboptimal density forecasts, multi-step-ahead density forecast evaluation, multivariate density forecast evaluation, monitoring for structural change and its relationship to density forecasting, and density forecast evaluation with known loss function.

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What Is A Central City In The United States? Applying A Statistical Technique For Developing Taxonomies, Edward W. Hill, John F. Brennan, Harold L. Wolman Nov 1998

What Is A Central City In The United States? Applying A Statistical Technique For Developing Taxonomies, Edward W. Hill, John F. Brennan, Harold L. Wolman

All Maxine Goodman Levin School of Urban Affairs Publications

Develops a method that uses cluster analysis to group central cities in the United States. Selection of the candidate cluster solutions; Median characteristics of the clusters; Stressed central cities; Healthy central cities.

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Sizing Up The Agricultural Downturn, Donald L. Peterson Oct 1998

Sizing Up The Agricultural Downturn, Donald L. Peterson

Economics Commentator

No abstract provided.

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Vol. 2, No. 3: Xenophobia: Hostility 'Growing Alarmingly', Vincent Williams, Jonathan Crush Oct 1998

Vol. 2, No. 3: Xenophobia: Hostility 'Growing Alarmingly', Vincent Williams, Jonathan Crush

Southern African Migration Programme

No abstract provided.

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Economic Currents: The State Of The State Economy, Alan Clayton-Matthews Oct 1998

Economic Currents: The State Of The State Economy, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

The rising trade deficit that originated in the Pacific Rim Tiger economies in the summer of 1997 and then spread to Japan is now inundating the Massachusetts economy. For months we felt its benefits: lower import prices due to the relatively strong dollar; lower raw materials prices, thanks to the drop in worldwide demand; and lower interest rates because of the flight to quality U.S. securities. Now the flip side has become evident. East Asian purchases of American goods have plummeted; they are simply too expensive for these countries to afford. The strong dollar is causing American-made goods to be …

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Endnotes: New Current And Leading Indexes For Massachusetts, Alan Clayton-Matthews Oct 1998

Endnotes: New Current And Leading Indexes For Massachusetts, Alan Clayton-Matthews

Public Policy and Public Affairs Faculty Publication Series

Appearing in this issue of Benchmarks is a new current index and a new leading index for the state of Massachusetts. The current index is composed of four state-level economic indicators that move concurrently with the commonwealth's economy: establishment employment, the unemployment rate, withholding taxes, and sales taxes. The index is normalized at 100 in July 1987. Its average trend growth over 1978–96 is set to equal the trend growth of real gross state product. The current index indicates whether the economy is expanding or contracting and at what rate it is doing so. It provides a more comprehensive and …

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Industrial Resources: Union County, Kentucky Library Research Collections Oct 1998

Industrial Resources: Union County, Kentucky Library Research Collections

Union County

"Resources for Economic Development: Union County, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research in cooperation with the Union County Economic Development Foundation, Inc., October 1998. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate

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