Economics Commons^™

Portals To Knowledge: Confluence And Conflict Between Enlightenment And Postmodern Currencies, Benjamin G. Lanier-Nabors

Reconstruction: Studies in Contemporary Culture

[Editors' Introduction]

In order to provide any viable critique of twenty-first-century discourses -- whether signified by late capitalism, epistemological hegemony, cultural domination, or globalization (the catch-word for all of these) -- one must not employ an ahistorical or static lens; alternatively, one must dredge up and analyze the sediments that underlie current discourses, and many of these sediments are found in the eighteenth century. More specifically, by reading the thoughts of such writers as Joseph Addison and Jonathan Swift, one is forced to read the links and antipathies between the discursive economies of epistemology -- philosophical, scientific, and economic -- …

How Do The Asian Economies Compete With Japan In The Us Market, China Exceptional? A Triangular Trade Approach, Hiro Ito, Yushi Yoshida

Economics Faculty Publications and Presentations

Political conflicts among trading partners have changed their forms with ever-increasing flows of foreign direct investment. A decrease in the exports of Japan might merely be a reflection of a global production shift by Japanese multinational corporations. We investigate the effect of Japanese trade on the exports of other countries to the United States in the 1990s. In our sample we include eight Asian countries besides the US and Japan. With the trade data disaggregated at the HS 4-digit level, we regress the exports of an Asian country to the US on the Japanese exports to the US and the …

Work And Retirement Plans Among Older Americans, Katharine G. Abraham, Susan N. Houseman

Employment Research Newsletter

No abstract provided.

Empirical Similarity, Itzhak Gilboa, Offer Lieberman, David Schmeidler

Cowles Foundation Discussion Papers

An agent is asked to assess a real-valued variable Y p based on certain characteristics X p = ( X 1 p ,…, X m p ), and on a database consisting ( X 1 i ,…, X m i , Y i ) for i = 1,…, n . A possible approach to combine past observations of X and Y with the current values of X to generate an assessment of Y is similarity-weighted averaging. It suggests that the predicted value of Y , Y s p , be the weighted average of all previously observed values Y i …

Playhouse Square Center: Economic Impact And Contribution To Northeast Ohio, Robert Sadowski, Jill Norton, Ziona Austrian, Mark Rosentraub

All Maxine Goodman Levin School of Urban Affairs Publications

This study reports on the contribution made by Playhouse Square Center to Northeast Ohio. The contribution comes in various forms, which are reflected in the report’s different sections. The first uses a traditional economic model to estimate the economic impact of Playhouse Square Center. It calculates how each dollar spent by, or due to the presence of, Playhouse Square generates additional spending and jobs in the local economy. The second type of contribution is through the various educational programs and events aimed at increasing interest and involvement in the arts. Although the value of these activities is difficult to quantify, …

Some Reflections On The Use Of Administrative Data To Estimate The Net Impacts Of Workforce Programs In Washington State, Kevin Hollenbeck

Upjohn Institute Working Papers

The purpose of this paper is to reflect on the results, methodology, and processes used in a series of net labor market impact studies done for the State of Washington over the past six years. All of the studies relied on administrative data and used a technique referred to as quasi-experimental evaluation. The program interventions were the federal- and state-funded workforce development programs. The paper sets out eight "reflections" for analysts and policy makers to consider. These reflections identify lessons learned and uncertainties or issues that need more consideration and scrutiny.

Mcdonald’S And Samoan Youth: A Case Study Of Globalization, Anna Schechter

Independent Study Project (ISP) Collection

The topics of change, development and globalization are extremely pertinent to modern-day Samoa. The past ten years have lead to a vast increase in the inter-connectedness of Samoa to the world economically, socially, and culturally. This paper uses McDonald’s as a representation of the globalization occurring in Samoa in order to better understand the real impacts of these abstract terms. Samoan youth act as a medium in which to explore this topic. They are often the most attune to the impacts of globalization and perhaps even act as a catalyst for change. Thus this paper explores, specifically, the relationship between …

Constructing A Coincident Index Of Business Cycles Without Assuming A One-Factor Model, Roberto S. Mariano, Yasutomo Murasawa

Research Collection School Of Economics

The Stock-Watson coincident index and its subsequent extensions assume a static linear one-factor structure for the component indicators. Such assumption is restrictive in practice, however, with as few as four indicators. In fact, such assumption is unnecessary if one defines a coincident index as an estimate of latent monthly real GDP. This paper considers VAR and factor models for latent monthly real GDP and other coincident indicators, and estimates the models using the observable mixed-frequency series. For US data, Schwartz’s Bayesian information criterion selects a two-factor model. The smoothed estimate of latent monthly real GDP is the proposed index.

Trans-Normal Distribution: A Flexible Model For Duration And Event-Time Data, Zhenlin Yang

Research Collection School Of Economics

A new family of distributions, called the trans-normal distribution is introduced. Its basic properties are presented. A closely related family of distributions called tran-t distribution is also given along with its basic properties. Trans-normal regression is used as an illustration on the usefullness of the new distribution.

New Mexico Labor Market Review 09-30-2004, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers August 2004.

A Preliminary Financial Analysis Of The Focus Hope Loan Fund, Kelly Derango

Reports

No abstract provided.

Adding Value To South Dakota Corn: Opportunities In Food Markets, T. J. Hansen, Evert Van Der Sluis

Economics Commentator (1972- 2016)

No abstract provided.

Performance In Law School: What Matters In The End?, Richard A. Ippolito

Journal of Legal Education

No abstract provided.

What We Teach When We Teach About Race: The Problem Of Law And Pseudo-Economics, Steven A. Ramirez

Journal of Legal Education

No abstract provided.

The Road To Universal Health Coverage In Massachusetts: A Story In Three Parts, John E. Mcdonough

New England Journal of Public Policy

In 1988, the Massachusetts Legislature passed a new law, a “play or pay” employer mandate, requiring all employers with six or more workers to provide health insurance coverage for their employees. A few years later, with Medicaid identified as a “Budget Buster,” the Weld administration sought deregulation as the way to cut costs and expand access by establishing MassHealth, which dropped the employer mandate and expanded Medicaid, and eventually distinguished Massachusetts as the state with the greatest percent of covered citizens. But MassHealth enrollment has declined as premium costs have risen, and the Uncompensated Care Pool is once again faced …

What Kind Of Labor Market Awaits Low-Income Workers?, Françoise Carré

New England Journal of Public Policy

This essay highlights changes in the context of the labor market for low-income people, particularly mothers. It briefly reviews labor market trends and policies. It then highlights the challenges faced by such workers. The essay argues for a shift in thinking and policy advocacy to encompass the world of work, and its domination by business imperatives and language, and thus better represent poor people’s concerns in the policy world.

Sex, Shame, And The Law: An Economic Perspective On Megan's Law, Doron Teichman

Law & Economics Working Papers Archive: 2003-2009

This Article focuses on the question, how should policymakers aiming to minimize the cost of sanctioning utilize legal and nonlegal sanctions when designing a system of criminal sanctions. After presenting the general economic case for the use of nonlegal sanctions the article turns to present a model of shaming, which unlike existing models, incorporates the endogenous effects of legal and nonlegal sanctions. This model demonstrates that tailoring an efficient regime that combines legal and nonlegal sanctions might be more difficult than previously perceived by law and economics scholars. A specific case study presented in this article is of the current …

Adding Value To South Dakota Corn: Opportunities In Pet Food Markets, T. J. Hansen, Evert Van Der Sluis

Economics Commentator (1972- 2016)

No abstract provided.

Income, Work And Freedom, Philip L. Harvey

ExpressO

The ability of public policies to secure the economic and social rights recognized in the Universal Declaration of Human Rights is proposed as a trumping supplement to the utility-maximization criterion of neo-classical welfare economics. Two progressive proposals for ending poverty and promoting personal development and freedom are then compared using this assessment criterion. The first proposal is that society guarantee everyone an unconditional basic income (BI) without imposing work requirements in exchange for the guarantee. The second proposal is that society use direct job creation to provide employment assurance (EA) for anyone who is unable to find decent work in …

Economic Theories Of Bundling And Their Policy Implications In Abuse Cases: An Assessment In Light Of The Mircrosoft Case, Kai-Uwe Kuhn

Law & Economics Working Papers Archive: 2003-2009

No abstract provided.

Banking The Poor: Policies To Bring Low-Income Americans Into The Financial Mainstream, Michael S. Barr

Law & Economics Working Papers Archive: 2003-2009

Low-income households in the United States often lack access to bank accounts and face high costs for conducting basic financial transactions through check cashers and other alternative financial service providers. These families find it more difficult to save and plan financially for the future. Living paycheck to paycheck leaves them vulnerable to medical or job emergencies that may endanger their financial stability, and lack of longer-term savings undermines their ability to improve skills, purchase a home, or send their children to college. High-cost financial services and inadequate access to bank accounts may undermine widely-shared societal goals of reducing poverty, moving …

Does Regional Variation In Multiple Measures Of Health Status Differ Across Income Levels?, Janet M. Bronstein, Shailender Swaminathan, Joshua Klapow

University of Kentucky Center for Poverty Research Discussion Paper Series

This study examines whether regional variations in health status measures are consistent across the income gradient, or whether they are more pronounced at the lowest income levels. We use data from the Community Tracking Survey, a large randomized telephone survey of residents in 60 U.S. communities. Controlling for individual risk factors and county level income inequality, lowest income individuals have poorer scores on counts of chronic diseases, global health ratings, and the physical and mental components of the SF-12. Residents of the South have poorer scores on chronic disease counts, global health and physical health than residents of the Northeast, …

Rural Community Economic Development Project Update, University Of Montana Rural Institute

Employment

Vocational Rehabilitation (VR) counselors who serve rural areas report that limited employment opportunities for people with disabilities are a significant challenge. Many rural communities have marginal or fragile economies, but lack the resources to conduct economic development projects that could lead to business and employment growth. In Progress Report #13, we described an innovative program that helps VR agencies and people with disabilities take a leadership role in small-town economic development efforts. To date, RTC: Rural’s Community Economic Development Project has been implemented in two rural locations. The Project builds on the capacities of state/federal Vocational Rehabilitation agencies and people …

Nursing Workforce Shortage And Diversity Disparity In Northwest Arkansas, Jeffery T. Collins, Yi Liu

Publications and Presentations

The purpose of this analysis is the ascertain: 1) if market conditions in Northwest Arkansas (the study area) are sufficient to support the proposed planning effort by Northwest Arkansas Nursing Education Consortium (NANEC) to create a bilingual nursing student recruitment model and 2) to determine of that model is portable to other geographies.

Rhode Island Current Conditions Index -- September 2004, Leonard Lardaro

The Rhode Island Current Conditions Index

No abstract provided.

Relative Prices And Substitution Across Wage, Welfare, And Disability Income, James P. Ziliak

University of Kentucky Center for Poverty Research Discussion Paper Series

In this paper I exploit the fact that the social and economic reforms over the past two decades differentially affected the opportunity costs of non-participation in work, welfare, and disability programs for single mothers across different birth-year and education cohorts. This cohort variation in after-tax wages and transfer benefits is used to identify own- and cross-price elasticities of demand for and substitution across wage, welfare, and disability income over 1979 to 2001 in the Current Population Survey. To estimate these key parameters I model household preferences with a conditional Almost Ideal Demand System that admits corner solutions, nonseparability, endogenous wages …

Padding Required: Assessing The Economic Impact Of The Super Bowl, Victor Matheson, Robert Baade

Economics Department Working Papers

Civic boosters generally have estimated the Super Bowl to have an impact of $300 to $400 million on a host city’s economy. The National Football League has used the promise of an economic windfall to convince skeptical cities that investments in new stadiums for their teams in exchange for the right to host the event makes economic sense. Evidence from host cities from 1970-2001 indicates the Super Bowl contributes approximately one-quarter of what the boosters have promised and that the game could not have contributed by any reasonable standard of statistical significance, more than $300 million to host economies.

Economic Conditions And Resistance To Occupation In The West Bank And Gaza Strip: There Is A Causal Connection, Basel A. Saleh

Topics in Middle Eastern and North African Economies

No abstract provided.

Evaluating Financial Sector Development In The Middle East And North Africa: New Methodology And Some New Results, Susan Creane, Rishi Goyal, Ahmed Mushfiq Mobarak, Randa Sab

Topics in Middle Eastern and North African Economies

No abstract provided.

E-Readiness Assessment Of Small And Medium Enterprises In Egypt: A Micro Study, Nagla Rizk

Topics in Middle Eastern and North African Economies

No abstract provided.