Economics Commons^™

Indiana State University Financial Report 1996, Indiana State University

Financial Reports

No abstract provided.

Nova Southeastern University 1996 Annual Report, Nova Southeastern University

NSU Annual Reports

No abstract provided.

The Stock Market As A Leading Indicator: An Application Of Granger Causality, Brad Comincioli

University Avenue Undergraduate Journal of Economics

The purpose of this paper, then, is to evaluate stock prices as a leading indicator of economic activity. Time-series analysis and the notion of "Granger causality" are used in this project to estimate relationships between stock prices and the economy, and to see if they are consistent with theory. In this paper, we will explore the following questions. First, does the stock market lead the real economy, in the sense that variation in its past values explains some of the variation in the real economy? Second, does the stock market "Granger-cause" the real economy, in which case past values of …

How Retirement Saving Programs Increase Saving, James M. Poterba, Steven F. Venti, David A. Wise

Dartmouth Scholarship

This paper summarizes the authors work on the effect of IRA and 401(k) contributions on net personal saving. They consider many different nonparametric approaches to controlling for heterogeneity in individual saving behavior and conclude that the weight of the available evidence suggests that contributions to both IRAs and 401(k)s largely represent new saving. The authors devote particular attention to reconciling their results with the findings in other studies that reach different conclusions, sometimes using the same databases that the authors analyze. Methodological limitations that undermine the reliability of results in other studies explain many of these disparities.

A Historical, Theoretical, And Empirical Study Of Ppp Using Traditional And Alternative Methodologies, Kerry E. Clendenon

Economics Theses & Dissertations

No abstract provided.

The Balanced Budget Amendment: A Time Bomb To Subvert American Prosperity, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Paper dated Feb. 13, 1995.

Summary of a Report: ’A Time Bomb to Subvert American Prosperity’.

Indiana State University Financial Report 1995, Indiana State University

Financial Reports

No abstract provided.

Nova Southeastern University 1992 Annual Report, Nova Southeastern University

NSU Annual Reports

No abstract provided.

The Intellectual Property Right Laws Of The People's Republic Of China, Maria H. Ramjerdi

Department of Economics Faculty Scholarship and Creative Works

As economic development and legal reform continue to explode in the People's Republic of China (China),1 issues surrounding international intellectual property rights protection in China have been propelled to the forefront of Chinese and world politics.2 The primary focus of this Article is to examine the legal reform that has occurred in China in the area of intellectual property rights and the effect that it has had on China and world trade. Thus, this Article will explore the development and enforcement of the intellectual property rights laws of China since 1978. During 1978, the third plenum, under the leadership of …

Tender Offer Outcome Prediction Based Upon Efficient Market Hypothesis, James I. Montgomery

Retrospective Theses and Dissertations

A significant portion of firms' capital expenditures in the recent past have been accomplished through the acquisition of the assets of other firms by tender offers. While the majority of tender offers are successful, a significant number of tender offers fail for various reasons. The accurate prediction of the success or failure of a tender offer would provide investors with valuable information upon which to base their investment decisions. The target firm shareholders could use the information as a base for their tendering decision. For the abitrageur, a predictive model would reduce the uncertainty associated with their investment activity and, …

Article Clipped From The New York Times, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection contains:

The newspaper article The Wounded Giants of Japan by Sheryl WuDunn, published in The New York Times on November 24, 1995.

Allocation And Management Of Foreign Exchange: The Nigerian Experience., O. K. Anifowose

Bullion

This paper intends to discuss and review the various strategies adopted in the management of Nigeria's foreign exchange resources. Part I of the paper reviews the systems adopted before SAP (Structural Adjustment Programme) period as well as those practised from SAP to end of 1993. Part ll considers in broad terms the 1994 foreign exchange resource management policies. While Part lll describes the foreign exchange allocative mechanism adopted in 1994. Finally, part lV provides the summary and conclusion of the paper.

Towards A Viable Rural Financial Market In Nigeria., O. O. Akanji

Bullion

This paper analyse the weakness of existing rural financial markets, survey the existing formal and informal financial markets in rural areas, their financing mechanisms, strengths and weaknesses, and propose an agenda from a viable rural financial market in Nigeria. It is divided into four parts. Part 1 presents a critique of the operation of formal financial institutions in rural markets. Part 2 identifies the existing informal financial markets, noting their structure and financing mechanisms and the overall influence on the rural people. Part 3 analyses the challenges and prospects of rural financial markets, while Part 4 presents the conclusion and …

New Mexico Tax Study_Jun 1994, University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

The New Mexico Tax Study was prepared for the Legislative Finance Committee (LFC) by the University of New Mexico, Bureau of Business and Economic Research (BBER). The LFC contracted with BBER to produce the document over a two year period. The first year resulted in Volume I, State Tax Policy and Tax Burden and the second year produced Volume ll, Issues in Local Government Finance.

New Mexico Tax Study_Jun 1994 (2), University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

The New Mexico Tax Study was prepared for the Legislative Finance Committee (LFC) by the University of New Mexico, Bureau of Business and Economic Research (BBER). The LFC contracted with BBER to produce the document over a two year period. The first year resulted in Volume I, State Tax Policy and Tax Burden and the second year produced Volume ll, Issues in Local Government Finance.

New Mexico Tax Study_Jun 1994 (3), University Of New Mexico Bureau Of Business And Economic Research

BBER Publications

The New Mexico Tax Study was prepared for the Legislative Finance Committee (LFC) by the University of New Mexico, Bureau of Business and Economic Research (BBER). The LFC contracted with BBER to produce the document over a two year period. The first year resulted in Volume I, State Tax Policy and Tax Burden and the second year produced Volume ll, Issues in Local Government Finance.

Indiana State University Financial Report 1994, Indiana State University

Financial Reports

No abstract provided.

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1994, Central Bank Of Nigeria

CBN Annual Report

In 1994, Nigeria faced economic challenges such as declining GDP growth, inflation, and a weakened external sector due to expansionary fiscal and monetary policies, political unrest, and labor issues. Despite this, the global economy saw stronger recovery in industrialized countries and developing regions like Asia and Latin America. The Nigerian economy struggled with slow growth, manufacturing decline, rising inflation, large budget deficit, and weakened external sector performance. Efforts to stabilize the exchange rate were hindered by differences between official and unofficial market rates. Internationally, there were improvements in the world economy with higher growth rates in developed and developing countries. …

Is 'Keynesian Policy' Still Viable?, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Six, single-sided pages of hand-written notes on Keynesian critique of capitalism. While according to J Robinson “Marx is a socialist who analyzed capitalism,” and “Marshal is a Capitalist who analyzed Socialist," Minksy writes “Keynes is a capitalist who analyzed capitalism,” and “uncovered flaws in capitalism due to the very nature of capitalism.” Discusses Keynes work in the 1930s and his time spent in Chicago, among other things. Marked in black ink.

Nova Southeastern University 1994 Annual Report, Nova Southeastern University

NSU Annual Reports

No abstract provided.

Understanding Kaye Scholer: The Autonomous Citizen, The Managed Subject And The Role Of The Lawyer, Nancy Amoury Combs

Faculty Publications

The Office of Thrift Supervision's (OTS) unprecedented enforcement action against Kaye, Scholer, Fierman, Hays and Handler (Kaye Scholer) prompted howls of protest from the legal community. OTS, it was claimed, was using its excessive power to redefine the role of the lawyer. This Comment confirms that OTS sought to impose duties on Kaye Scholer that conflict with professional ethics rules. The Comment then goes on to suggest that the conflict over professional responsibility in the Kaye Scholer case reflects, more fundamentally, a conflict over the role of the citizen, and the citizen's relationship with the state. Our adversarial system of …

State Of The Economy: Central Bank Of Nigeria Perspective, Ogwuma P. A

Bullion

This paper reviews broadly developments in the real, monetary and financial and external sectors of the economy from 1991 to 1994. It highlights the problems confronting policy makers and put forward some recommendations for consideration. The overall performance of the Nigerian economy during the past three years has been characterized by declining growth rate of GDP in turn a reflection, in the main, of the negative impact of the macroeconomic and financial imbalances. The major factor underlying the adverse movements in macroeconomic variables since 1991 has been the rapid growth in CBN credit for the financing of Federal Government's fiscal …

Restructuring The Nigerian Financial Sector For Economic Resuscitation., V.A Odozi

Bullion

This paper examines major developments in the Nigerian financial sector and discusses efforts made so far by the authorities to restructure the sector so as to enhance its efficiency. Major Developments in the Financial Sector The Structural Adjustment Programme (SAP) which was adopted in 1986 was the nation's inevitable response to the suffocating effect of the external debt burden on the Nigerian economy, the escalating fall in agricultural productivity, and undue dependence on petroleum as a foreign exchange earner. The paper noted that the increase in the number of banks resulted in competition for bank deposits and other patronages from …

Financial Repression, Inflation And Growth In Egypt, 1974-1991, Abear El Shennawy

Archived Theses and Dissertations

No abstract provided.

Deregulation And Trade Liberalization: The Indonesia Reform Program, Scott Fausti, Rony Bishry

Economics Staff Paper Series (1969 - 2017)

Beginning in the early 1980s, Indonesia embarked on the most comprehensive trade liberalization program in its history. The long-term goal of the reform program is to replace Indonesia's industrial development strategy of import substitution industrialization with one of export oriented industrial growth. The issues to be discussed in this paper are: 1) the historical context from which the current liberalization program evolved, 2) the recent reform measures implemented by the Indonesian government, 3) the pattern of liberalization with respect to the sequencing and speed of reforms, and 4) the successes and failures of the new trade regime.

A Review And Appraisal Of Nigeria's Experience With Financial Sector Reform, M. O. Ojo

CBN Occasional Papers

The primary aim of the paper Is to highlight the policy reforms In Nigeria's financial sector since 1986, assess the results of the reform programme, and Identify the lessons that can be learned from the policy initiatives. The reform package was introduced in 1986 against the background of prolonged macro-economic distortions and economic deterioration, especially during the first half of the 1980s. Financial sector reforms under the aegis of the Structural Adjustment Programme were designed to induce more domestic savings and reduce the distortions in investment decisions. To this end, measures were introduced between 1986 and 1992 (the period covered …

The Effect Of Uncertainty On A Joint Product Model Of Smuggling, Scott Fausti

Economics Staff Paper Series (1969 - 2017)

Extending the seminal work of Bhagwati and Hansen (1973) on smuggling, Pitt (1981) developed a joint export smuggling model to investigate the welfare effect of illegal transactions. This paper develops an extension of Pitt's original model which allows many of the interesting features of the Bhagwati and Hansen model to be reexamined within a joint product model of smuggling framework. The extension is made through the following modifications to Pitt's assumptions: 1) firms that export are free to engage in joint product smuggling or strictly legal trade; and 2) uncertainty is introduced into the model via active government enforcement. The …

Indiana State University Financial Report 1993, Indiana State University

Financial Reports

No abstract provided.

Nova University 1993 Annual Report, Nova University

NSU Annual Reports

No abstract provided.

Central Bank Of Nigeria Annual Report And Statement Of Accounts For The Year Ended 31st December 1992., Central Bank Of Nigeria

CBN Annual Report

In 1992, Nigeria's economy faced significant pressures but showed resilience, with rapid growth in output and economic liquidity. The Central Bank of Nigeria (CBN) intensified efforts to achieve inflation and exchange rate stability while improving the efficiency of the financial sector. The financial sector experienced rapid growth and structural changes, with the strongest growth occurring in common unity banking and mortgage finance institutions. Monetary and credit aggregates expanded at unprecedented rates, matching the all-time highs of the oil boom era of the mid-seventies. Interest rates rose significantly, with both deposit and lending rates rising in tandem with the movements of …