Economic History Commons^™

Dotcoms: Evolution Or Revolution?, Rishikesha T Krishnan, D Sampath

IIMB Management Review

The young dotcom turks, consultants, venture capitalist academic experts, HR, and media professionals who debated on the dotcom phenomenon were Ravi Anshuman. Assistant Professor; Finance & Control, IIMB; Akhil Awasthi, Vice President, Baring Private Equity Partners; Jagadish N Bapat, Director HR, LG Soft India; Simon Bell, Principal, and Rahul Chadha, A T Kearney; Somnath Chowdhury, Editor; IT Space.com; Ajith Isaac, CEO, go4careers .com; Praveen Kanipakkam, President, Sharp Software; Nitin Karve, Partner in-Charge, KPMG, Bangalore; Arun Korati, Associate Vice President and Deepa Sankaran, Manager~ IL & FS Venture Corporation.; V S Sudhakar; CEO, FABMART; Dvvijendra Tripathi, business historian and former Professor …

A Political Model Of Monetary Policy With Application To The Real Fed Funds Rate, Tony Caporale, Kevin B. Grier

Economics and Finance Faculty Publications

We construct an empirical model of U.S. monetary policy assuming that the Federal Reserve is an ordinary federal bureaucracy. We use the real Federal Funds rate as our policy measure and show the existence of significant executive, legislative, and bureaucratic influence on the real rate of interest from 1961 to 1996. We find that presidential party is an adequate statistical measure of executive influence and that the voting scores of the Senate Banking Committee leadership best represent legislative influence. We argue that political changes cause systematic and predictable changes in monetary policy.

The Fischer Black Hypothesis: Some Time-Series Evidence, Tony Caporale, Barbara Mckiernan

Economics and Finance Faculty Publications

We estimate an ARCH-M model to analyze the relationship between the conditional standard deviation of real gross national product (GNP) and its growth rate for the period 1871-1993. We find that variability significantly increases output growth rates. In addition, impulse response functions show that the effect of variability on growth rates is dynamic. These results provide evidence in favor of Black's (1987) business cycle hypothesis.

Tobin, James, Tony Caporale

Economics and Finance Faculty Publications

James Tobin was born in Champaign, Illinois, in 1918. He received his bachelor's degree in 1939 and his master's degree in 1940, both from Harvard. Following naval service during the years 1942-6, he returned to his graduate studies and received his PhD from Harvard in 1947. In 1950, he joined the economics department at Yale University, and he has largely remained at Yale and has been identified with this institution throughout his career. He twice directed the Cowles Foundation for Research in Economics, first from 1955 to 1961, and then from 1964 to 1965. He also served for two years, …

Effect Of Regulation On Banking: California 1879-1929, Lynne Doti, Richard Runyon

Economics Faculty Articles and Research

California had a virtually unregulated banking environment until the first comprehensive banking regulations were passed in 1905. These regulations, and subsequent changes in 1909, required reserves and paid-up capital. Several tests of commonly accepted measures of safety, such as bank reserves, paid-up capital, bank failures, and real estate loans that resulted in foreclosure, are compared for selected years before and after the regulations. Results do not clearly demonstrate that regulation enhanced the safety of individual banks, but do support the conclusion that regulation enhanced the safety of the banking system as a whole.

Toward A Sustainable Maine : The Politics, Economics, And Ethics Of Sustainability, Richard Barringer (Ed.)

Maine Collection

Toward A Sustainable Maine : The Politics, Economics, and Ethics of Sustainability

Richard Barringer, editor, Professor Emeritus at the University of Southern Maine

Edmund S. Muskie Institute of Public Affairs, University of Southern Maine, Portland, Maine, 1993.

The proceedings of a conference presented at Bowdoin College on March 19 and 20, 1993, by the Edmund S. Muskie Institute of Public Affairs at the University of Southern Maine, and by the Natural Resources Council of Maine. Ellen Baum, conference organizer.

Contents; Foreword by Richard Barringer / Welcome by Everett Carson / Global, Canadian, and Maine Perspectives / Sustaining Our Natural and …

Free Bank Failures In New York And Wisconsin: A Portfolio Analysis, Andrew J. Economopoulos

Business and Economics Faculty Publications

Rolnick and Weber found that a sharp decline in asset prices led to bank panics and, ultimately, bank failures during the free banking era. An examination of New York and Wisconsin free bank portfolios prior to a fall in asset prices indicates banks that weathered the turmoil held significantly different portfolios than closed banks. In general, solvent banks held more loans and specie, and issued more deposits and less bank notes than closed banks.

Privatize Deposit Insurance, Jeffrey Rogers Hummel

Faculty Publications

No abstract provided.

Doug Munro's Review Of K. Buckley And K. Klugman's South Pacific Focus: A Record In Words And Photographs Of Burns Philip At Work, 1888-1988, Doug Munro

Pacific Studies

No abstract provided.

The New York Free Banking Era: Deregulation Or Reregulation?, Andrew J. Economopoulos

Business and Economics Faculty Publications

The deregulation of the banking market is a frequently debated policy issue. Proponents of deregulation claim that free market forces would improve market efficiency. The basis for their argument is grounded in the work and tenets of Adam Smith. Deregulation opponents claim that a bank market left unfettered would disrupt the financial market; bank mismanagement, failures, and panics would pervade the market and cause distrust of the banking system . Opponents of deregulation derive their beliefs from actual historical experiences rather than theory . Many opponents point to a period of American banking history, called the Free Banking Era (1838-1863), …

The Impact Of Reserve Requirements On Free Bank Failures, Andrew J. Economopoulos

Business and Economics Faculty Publications

The Free Banking Era, noted for numerous bank failures and large creditor losses, has been traditionally viewed as the experiment in laissez-faire banking that failed. Current researchers have found evidence suggesting that bank failures and creditor losses were limited to selected states and have linked the cause of bank failures to periods of falling asset prices. Free banks were required to hold long-term assets as primary reserves for short-term liabilities. Current banking theory suggests that the maturity imbalance between assets and liabilities increases the free bank's exposure to interest rate risk. Some states imposed a secondary reserve, the specie reserve …

Doug Munro's Review Of Peter Sack And Dymphna Clark's Edition Of South Sea Merchant: The Memoirs Of German-Born Eduard Hernsheim, Doug Munro

Pacific Studies

No abstract provided.

The W.E. Upjohn Institute For Employment Research 1945-1985: Seeking Paths To Fuller Employment, Saul J. Blaustein

Upjohn Press

No abstract provided.

The Commercial Timber Industry In Colonial Papua New Guinea, W. J. Jonas

Pacific Studies

No abstract provided.

Banking In Orange County: Early Years, Lynne Doti

Economics Faculty Articles and Research

This article explores the beginnings of banking in Orange County.

Trade And Monetary Relations In The West African Sub-Region 1966-1970, Central Bank Of Nigeria Cbn

Economic and Financial Review

The West African Sub-Regional Group of the Association of African Central Banks is composed of six central banks that serve the twelve constituent member-countries. The countries include four sterling area countries: Gambia, Ghana, Nigeria and Sierra Leone; the remaining eight countries - Dahomey, Ivory Coast, Mali, Mauritania, Niger, Senegal, Togo and Upper Volta-belong to the franc zone. Being the Report of the Study Croup of Central Bank Directors of Research in West Africa, set up by the West African Sub-,Regional Committee of the Association of African Central Banks (AACB). The Report was adopted at the second meeting of the Sub-Regional …

The Development Of Transportation, With Special Emphasis Upon The Changing Importance Of The Railroad In The United States, Nancy E. Coleman

Business and Economics Honors Papers

This 80 page thesis examines the impact of transportation on the economy of the United States, with special emphasis on railway development.

The Marshall Plan: A Critique Of The European Recovery Program, Louis D. Stefan

Business and Economics Honors Papers

This 48 page thesis examines the Marshall Plan for European recovery following World War II.

The Iron Horse: A General Survey Of The Railroad Problem, Harry L. Showalter

Business and Economics Honors Papers

This 55 page thesis examines the history and economic impact of railroads in the United States as well as problems facing the industry.

The Federal Reserve System And Its Relation To Monetary Conditions In The United States: A Study Of The Banking System Of The United States, Gertrude F. Goldberg

Business and Economics Honors Papers

This 38 page thesis examines the history of the banking system in the United States and its problems.

The Structure And Functions Of The Federal Reserve System Of The United States Today, William Law Goode

College Books

An overview of the history of the Federal Reserve system from its creation in 1913 to the late 1930s, and a description of its structure as of the late 1930s.

The Russian Five Year Plan Is Economically Constructive, Oscar M. Duconge

Electronic Theses and Dissertations

The Five Year Plan is a plan by which Russia is to place herself among the great nations of the world through process of industrializing her manufacturers, mechanizing her farms and modernizing her business.

The Raisin Industry Of California, John W. Farrar

University of the Pacific Theses and Dissertations

This thesis has been prepared as a partial fulfillment of the requirements for the degree of faster of Arts, prescribed by the College of the Pacific, Stockton, California. It is sincerely hoped that it will be found useful to all of those who are at all interested in the great industry of raisin making, which has played no small part in the building up of the great San Joaquin Valley and has been responsible for bringing the much needed irrigation system to the valley.

Various types of data are here available, including personal opinions from the foremost leaders of the …

A Problem In Railroad Consolidation, Stanley Omwake

Business and Economics Honors Papers

This 23 page thesis examines the problem of railroad consolidation in the United States and presents an outline of a proposed merger.

Letter From Robert Livingston To Messieurs Storke And Gainsborough Of London, Written March 19, 1734 From South Carolina., Robert Livingston

Broadus R. Littlejohn, Jr. Manuscript and Ephemera Collection

Livingston requests that cargo of a sloop sailing from South Carolina to New York be insured.

(Deducing by the date of this item, the author/creator is neither of the father and son Robert Livingstons, the latter known as a founding father of the U.S.)