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Full-Text Articles in Social and Behavioral Sciences

Risk And Recovery, John Austin, Chris Decker, Tom Doering, Ernie Goss, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson, Keith Turner Dec 2007

Risk And Recovery, John Austin, Chris Decker, Tom Doering, Ernie Goss, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson, Keith Turner

Economics Faculty Publications

The crisis in the housing and financial sectors has led to a dramatic slowdown in U.S. economic growth. Fourth quarter GDP growth and job growth are expected to be anemic and the economy may fall into recession in 2008. Indeed, several of the dozen members of the Nebraska Business Forecast Council do believe that the U.S. economy will likely slip into recession during 2008. However, the overall consensus of the Council is that the U.S. economy will avoid a recession. Economic growth will be slow in the first three quarters of 2008 before recovering in late 2008 and 2009.


Immigrants And Their International Money Flows, Susan Pozo Editor Oct 2007

Immigrants And Their International Money Flows, Susan Pozo Editor

Upjohn Press

This book consists of a series of studies on the topic of international migration with an emphasis on workers' remittances. Chapters cover the impact of remittances on economic development and the interplay of immigration policies with human capital acquisition and labor markets in out-migration areas.


Metropolitan Report - August 2007, Division Of Business And Economic Research, College Of Business Administration, University Of New Orleans Aug 2007

Metropolitan Report - August 2007, Division Of Business And Economic Research, College Of Business Administration, University Of New Orleans

UNO Metropolitan Report

No abstract provided.


Immigrants' Remittances, Susan Pozo Jul 2007

Immigrants' Remittances, Susan Pozo

Employment Research Newsletter

No abstract provided.


A Soft Landing And A Long Layover, John Austin, Chris Decker, Tom Doering, Ernie Goss, Philip Baker, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson Jul 2007

A Soft Landing And A Long Layover, John Austin, Chris Decker, Tom Doering, Ernie Goss, Philip Baker, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson

Economics Faculty Publications

The U.S. economy achieved a soft landing in 2006. This was a desirable outcome. The economy needed a break from its rapid, and potentially inflationary, growth in 2004 and 2005, before taking off again. But, that new flight has been delayed. The aggregate economy has remained mired in slow growth in the first half of 2007. Pockets of the economy, such as the labor market, have been strong, but a weak housing sector has limited overall growth. Further, signs point to one or two more quarters of weaker growth, before the economy is able to take off again.


The Value Of Marine Institutions: An Economic Survey Of Marine Research And Education Institutions In Monterey And Santa Cruz Counties, Judith T. Kildow Dr, Nathaniel Miller Jun 2007

The Value Of Marine Institutions: An Economic Survey Of Marine Research And Education Institutions In Monterey And Santa Cruz Counties, Judith T. Kildow Dr, Nathaniel Miller

Publications

It is recognized that ocean and coastal areas of the United States contribute significantly to our nation’s overall economy. What is not completely understood is the extent to and manner in which our economy benefits from the wide range of marine and coastal activities. One area of the ocean economy that has not been collectively measured or examined is the contribution of marine research and education institutions. The goal of the project was to create a prototype strategy at a local level for collecting data at a national level, in order to create an economic sector of these institutions and …


A Structuralist Model Of The Small Open Economy In The Short, Medium And Long Run, Hian Teck Hoon, Edmund S. Phelps Jun 2007

A Structuralist Model Of The Small Open Economy In The Short, Medium And Long Run, Hian Teck Hoon, Edmund S. Phelps

Research Collection School Of Economics

In open-economy macroeconomics there is a monetary model in the Keynesian tradition that is deemed serviceable for analyzing the short run and there is a nonmonetary neoclassical theory thought capable of handling the long run. But do the Keynesian and neoclassical models meet the challenges thrown out by the main events of the past few decades¡ªthe '80s shock to Europe taking the form of an external jump in real interest rates; the sort of shock experienced in the U.S. and parts of northern Europe in the second half of the '90s: the emerging prospect of new industries in the future …


A Structuralist Model Of The Small Open Economy In The Short, Medium And Long Run, Hian Teck Hoon, Edmund S. Phelps Jun 2007

A Structuralist Model Of The Small Open Economy In The Short, Medium And Long Run, Hian Teck Hoon, Edmund S. Phelps

Research Collection School Of Economics

Open-economy macroeconomics contains a monetary model in the Keynesian tradition that is deemed serviceable for analyzing the short run and a nonmonetary neoclassical model thought capable of handling the long run. But do the Keynesian and neoclassical models meet the challenges thrown out by the main events of the past few decades? We first indicate that the effects of these shocks on the open economy are not well captured by either the standard Keynesian model or the standard neoclassical theory. Next we provide a careful development of a nonmonetary model of the equilibrium path of the real exchange rate, share …


A Structuralist Model Of The Small Open Economy In The Short, Medium And Long Run, Hian Teck Hoon, Edmund S. Phelps Jun 2007

A Structuralist Model Of The Small Open Economy In The Short, Medium And Long Run, Hian Teck Hoon, Edmund S. Phelps

Research Collection School Of Economics

Open-economy macroeconomics contains a monetary model in the Keynesian tradition that is deemed serviceable for analyzing the short run and a nonmonetary neoclassical model thought capable of handling the long run. But do the Keynesian and neoclassical models meet the challenges thrown out by the main events of the past few decades—the ’80s shock to Europe from the sharp increase of external real interest rates; the kind of speculative shock experienced in the U.S. and parts of northern Europe in the second half of the ’90s: the prospect of new industries emerging in the future with needs for new capital; …


Essays In Labor Economics: Alcohol Consumption And Socioeconomic Outcomes, Eric Mensah Sarpong Jan 2007

Essays In Labor Economics: Alcohol Consumption And Socioeconomic Outcomes, Eric Mensah Sarpong

Economics Dissertations

Recent studies indicate that alcohol consumption may affect economic outcomes through its effects on health capital and social capital. If, in fact, differences in economic outcomes are causally linked to differences in alcohol consumption, then lack of adequate insight into such connectivity may adversely affect the labor market and retirement outcomes of some groups of individuals in society. In two essays, this dissertation examines the impact of alcohol consumption on wealth at retirement using data from the RAND Health and Retirement Study (HRS) from 1992 through 2002; and the effects of alcohol consumption on employment duration and earnings using the …


Productivity Effects On Mexican Manufacturing Employment Before And After Nafta, Andre V. Mollick, Rene Cabral Jan 2007

Productivity Effects On Mexican Manufacturing Employment Before And After Nafta, Andre V. Mollick, Rene Cabral

Economics and Finance Faculty Publications and Presentations

A vast literature employs vector autoregressions (VAR) methods in order to capture whether innovations in productivity lead to increases or decreases in employment for U.S. manufacturing. Studying 25 Mexican manufacturing industries with annual data from 1984 to 2000, we examine labour productivity (value added per employee) and total factor productivity (TFP) effects on Mexican manufacturing employment. We find that productivity measures vary considerably in Mexico. Making use of panel data methods that control for sector specific effects, the business cycle and real wages, interesting results emerge. First, there are strong positive impacts of TFP (without and with human capital) on …


Part 2: Hidden In Plain Sight: The Ship Repair Industry In Hampton Roads, Regional Studies Institute, Old Dominion University Jan 2007

Part 2: Hidden In Plain Sight: The Ship Repair Industry In Hampton Roads, Regional Studies Institute, Old Dominion University

State of the Region Reports: Hampton Roads

Private-sector shipbuilding and repair is big business in Hampton Roads and accounts, directly and indirectly, for about 15 percent of the total value of the region’s economic activity. More than 160 ship construction and repair firms in the area employ approximately 24,600 people, whose typical compensation is one-third above the regional average.


The Impact Of The 1990'S Economic Boom On Less Educated Workers In Rural America, Elizabeth E. Davis, Stacie Bosley Jan 2007

The Impact Of The 1990'S Economic Boom On Less Educated Workers In Rural America, Elizabeth E. Davis, Stacie Bosley

School of Business All Faculty Scholarship

This study uses National Longitudinal Survey of Youth (NLSY79) data to investigate whether the effect of local labor market conditions on the earnings of workers differs by gender, education level, or metropolitan/nonmetropolitan location. The results suggest that local economic conditions in the late 1990s did have a positive effect overall on wages for men with no more than a high school degree and for women regardless of education. Further, there is evidence of a difference between metro and nonmetro labor markets, suggesting that the 1990s boom helped urban less-educated workers but not those in rural areas. The metro-nonmetro difference is …


Beyond Dualism: Multisegmented Labor Markets In Ghana, James Heintz, Fabian Slonimczyk Jan 2007

Beyond Dualism: Multisegmented Labor Markets In Ghana, James Heintz, Fabian Slonimczyk

Economics Department Working Paper Series

Using estimates of earnings functions in Ghana, this paper examines patterns of labor market segmentation with regard to formal and informal employment. Persistent earnings differentials are used as indicators of limited mobility across segments of the employed labor force. We find evidence of labor market segmentation between formal and informal employment and between different categories of informal employment which cannot be fully explained by human capital, physical asset, or credit market variables. We argue that dualist labor market models may not be appropriate for understanding employment dynamics in all circumstances and an approach that recognizes the multi-segmented character of labor …


Innovazione E Occupazione, Mario Pianta Dec 2006

Innovazione E Occupazione, Mario Pianta

Mario Pianta

No abstract provided.