Macroeconomics Commons^™

An Attempt To Reshape Capitalism’S Image, Ross A. Nichols

Gettysburg Economic Review

John Stuart Mill claimed to be a disciple of both Jeremy Bentham and David Ricardo. This was a strange proclamation because each man advocated a competing theory of value; Bentham’s utilitarianism laid the foundation for the utility theory of value and Ricardo developed the labor theory of value. Mill’s goal in attempting to unify these theories of value was to provide a solution for the growing class conflict that plagued capitalism. Class conflict arose as feudalism was phased out and industrial capitalism replaced merchant capitalism as the dominant economic system. The Corn Laws symbolized this competition between classes. Capitalists were …

Comment, Dean D. Croushore

Economics Faculty Publications

No abstract provided.

An Economic Analysis Of Foreign Ownership In Professional Sports: Motivation, Success, And Implications For United States Market, Alex F. Wheatley

CMC Senior Theses

An economic analysis of foreign ownership in sports. Focusing on the English Premier League, National Basketball Association, and Major League Baseball.

Ex Ante Stock Flow Accounts, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2012). Part III: Comments on Argentina (Unpublished manuscript notes).
• Shaikh, A. (2010). Chapter 11: Ex ante stock/flow accounts (Unpublished manuscript).

Internal Communication In Ireland Before And During The Economic Recession From The Perspective Of Communication Practice, Technology, And Ethics, Laoise O'Murchú

Doctoral

Internal communication in Ireland from the ‘celtic tiger’ era through to the economic
recession from the perspective of: communication practice, technology and ethics.
This thesis examines the practice of internal communication in Irish public and
private sector organisations during 2007/8 and 2010. This period spans the end of
Ireland’s ‘celtic tiger’ economy and the development of a major recession. All the
case study organisations have been affected by the credit crunch and are experiencing
economic, financial and ethical challenges.
The practices of internal communication in Ireland has evaded in depth academic
examination in communications literature. Therefore, the contribution to knowledge …

Second Macro File, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2011). Mathematical formulations on prices, wages, and Schefold's random coefficient hypothesis (Unpublished manuscript) (22-9_2nd M... p. 2).
• Petri, F. (2011). Correspondence regarding profit rates, growth limits, and fixed capital utilization (Unpublished letter to Anwar Shaikh) (22-9_2nd M... pp. 3-4).
• Mariolis, T. (2010). Falling rate of profit and mass of profits: A note (Unpublished manuscript) (22-9_2nd M... p. 5).
• Shaikh, A. (2011). Notes on FROPS: Marx's vs Ricardo's rent theory (Unpublished manuscript) (22-9_2nd M... p. 12).
• Shaikh, A. (n.d.). Equations and modeling structures for simple and expanded reproduction (Unpublished manuscript) (22-9_2nd M... pp. 13-14).
• Shaikh, A. …

My Macro Notes, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2010). Keynes notes on Tsoulfidis 2010 (Unpublished manuscript) (p. 2).
• Shaikh, A. (2012). Thessaloniki effective demand state (Unpublished manuscript) (p. 3).
• Ewing, J., & Kanter, J. (2012). EU officials take steps toward centralized banking regulation. International Herald Tribune, p. 16 (p. 3).
• Shaikh, A. (n.d.). Q Lina, unprecedented S/Y (Handwritten notes) (p. 6).
• Ahiakpor, J. C. W. (1995). No paradox of thrift in classical accumulation. Journal of the History of Economic Thought, 17(1), 16–33. Cambridge University Press (p. 7).
• Leijonhufvud, A. (1981). Information and coordination: Essays in macroeconomic theory. Oxford University …

Three Essays Concerning The Relationship Between Exports, Macroeconomic Policy, And Economic Growth, Brandon James Sheridan

Theses and Dissertations--Economics

This dissertation consists of three essays that collectively investigate the relationship between exports, macroeconomic policy and economic growth. The first essay investigates the relationship between disaggregated exports and growthto address why many developing countries rely on primary goods as their main source of export income when evidence suggests they could earn higher returns by exporting manufactured goods.Using regression tree analysis, I find that although increasing manufacturing exports is important for sustained economic growth, this relationship only holds once a threshold level of development is reached. The results imply that a country needs a minimum level of education before it is …

The Origins Of The Italian Sovereign Debt Crisis, David M. Henningsen

CMC Senior Theses

Over the past decade, the European Union has been characterized by an explosion of expenditure, insufficient revenue, high deficits and a lack of budget discipline. Financial markets in Europe are currently dealing with enormous government debts, poor government balance sheets and a weakening banking system. The purpose of this paper is to investigate the origins of the current Euro-crisis and specifically identify the extent to which it will affect the nation of Italy going forward. To understand Italy's stance amid the Euro-crisis, we proceed as follows: First, a historical background section will develop the fundamental issues that have developed in …

A Study In Market Micromanagement: The Asymmetrical Effects Of The 2008 Short Sale Ban On Stocks With And Without Traded Options, James W. Weyerhaeuser

CMC Senior Theses

This study provides an empirical analysis of the 2008 short sale ban. The evidence suggests that the presence of tradable options plays a crucial role in determining the effect of a short sale ban. Results show that if there are no traded options on a stock, the short sale ban brought abnormal returns of roughly +8%. However if there are traded options on a stock, the market maker exemptions nullify the positive effects of the ban. Furthermore, for the banned stocks that do experience positive abnormal returns during the ban, the lifting of the ban causes a prompt reversal of …

Inet Grant Cycle Ii, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes the contents of an unpublished file:

• Inaugural grant cycle ii folder notes by Anwar Shaikh 
• Office of Institutional Giving grant proposal form by Anwar Shaikh 
• Grants application form spring 2011 by Anwar Shaikh 
• Update on your grant application from INET by Institute for New Economic Thinking 
• Email correspondence regarding confirmation of grant resubmission by Anwar Shaikh and Nicholas Alpha 
• Email correspondence regarding grant proposal submission and travel updates by Nicholas Alpha and Anwar Shaikh 
• Submission form checklist handwritten notes by Anwar Shaikh 

Inet Report No. 1,2, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2011, April). Project budget: "Turbulent dynamics and hidden patterns" (A stage II submission to INET) (Manuscript) (23-46_INET... p. 2). New School University Archives.
• Barletta, F. (2012, September 1). The New School financial report (Final) for "Book on turbulent dynamics in advanced economics" (Manuscript) (23-46_INET... p. 3). New School University Archives.
• New School University. (2012, August). Oracle financial system ledger for grant C00000472 (Turbulent dynamics in advanced econ) (Manuscript screen capture with handwritten note by Anwar Shaikh, PhD) (23-46_INET... p. 4). New School University Archives.
• King, R. (2012, July 10). Email correspondence regarding proposal from The …

Foley Festschift, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Foley, D. K. (Honoree). (2012, April 20–21). Schedule for the symposium in honor of Duncan K. Foley [Unpublished symposium program manuscript].

• Shaikh, A. (2012, April 20–21). Handwritten notes from the symposium in honor of Duncan K. Foley [Unpublished handwritten notes]. Symposium in honor of Duncan K. Foley.

• Shaikh, A. (2012, April 20). Production, circuits of capital, and flows and stocks in national accounts [Unpublished manuscript].

• Shaikh, A. (2011, February 21). Production, circuits of capital, and flows and stocks in national accounts [Unpublished manuscript].

Apf, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Production function notes.docx by Anwar Shaikh, PhD
• Parable and realism in capital theory: The surrogate production function by Paul A. Samuelson
• Capital theory up to date by Joan Robinson
• Beyond the surrogate prod function by Anwar Shaikh, PhD
• Notes on John McCombie, Stefano Zambelli, and Arrigo Opocher by Anwar Shaikh, PhD
• Notes on Steven Kinsella and Antoine Godin by Anwar Shaikh, PhD
• Patnaik two good world: Machines, corn by Anwar Shaikh, PhD
• On the dismal state of a dismal science? by Heinz D. Kurz
• Economics: Principles and policy by William J. Baumol and Alan S. Blinder
• Empirical …

Argentina Conference Notes, Anwar Shaikh Phd

Archives of Anwar Shaikh

23-3_Eminent Economist Galleys.pdf You said: as an archivist detailing a new entry, analyze the uploaded file and give an outline of the material with all dates standardized, all bullet-point item formatting, and sentence case for titles, and italics for all titles, 1.5 spacing between paragraphs, and expand the published items into full apa references with publisher details and journal information but without internet links, or any further description of the different items, standardize the handwritten notes, emails, and comments into full apa-style manuscript citations so they match the level of formality of the published papers, with all handwritten notes credited …

A Memo On Social Security, Michele Ogawa

Pepperdine Policy Review

No abstract provided.

Inet Grant Completion, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2012, December 9). Final grant completion report for INET grant ID #IN011-00056 and #IN012-0040 (Memorandum) (2). New School University Archives.
• Institute for New Economic Thinking. (2012, November 29). Grant award letter to Mr. Anwar Shaikh (RE: INO12-00040) (Manuscript) (3, 4). New School University Archives.
• Institute for New Economic Thinking. (2012, November 17). Grant terms and conditions agreement (Grant ID #INO12-00040) (Manuscript signed by Anwar Shaikh, PhD, with a handwritten note dated December 21, 2012) (5, 6). New School University Archives.
• Department of the Treasury, Internal Revenue Service. (2012, November 10). Request for taxpayer identification number …

Taylor Rules + Central Bank Policies, Anwar Shaikh Phd

Archives of Anwar Shaikh

4:25 PM    

Claude responded: This collection includes:

This collection includes:

• Shaikh, A. (n.d.). [Handwritten folder label identifying contents as "Taylor rules and central bank policies, 9/12"; folder tab notation: "Taylor rules and CB policy 9/12"]. Unpublished manuscript note. New School for Social Research.
• Taylor, J. B. (1999). A historical analysis of monetary policy rules [Chapter 7, with handwritten annotations by Shaikh, A., including derivation of Taylor rule: i = α + βΠ + (Δu_k/u_{k-1}); long-run interest rate formula; and marginal notes distinguishing descriptive vs. prescriptive uses of the rule, and noting that i relates to π in a …

Replacement Investment, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. September 10, 1973. Gross stock and net stock project (Handwritten research notes). Unpublished work. New York, NY: New School for Social Research.
• Shaikh, A. September 28, 1979. Deriving current dollar stock from BLS data (Handwritten correspondence notes). Unpublished work. New York, NY: New School for Social Research.
• Shaikh, A. May 10, 1980. BLS data on Jack Faucett adjustments (Handwritten folder notes). Unpublished work. New York, NY: New School for Social Research.
• Shaikh, A. December 1, 1982. Note on retirements vs. business failure (Handwritten manuscript notes). Unpublished work. New York, NY: New School for Social Research. …

Application Of An Adaptive Step-Size Algorithm In Models Of Hyperinflation, Olena Kostyshyna

Economics Faculty Publications and Presentations

An adaptive step-size algorithm [Kushner and Yin, Stochastic Approximation and Recursive Algorithms and Applications, 2nd ed., New York: Springer-Verlag (2003)] is used to model time-varying learning, and its performance is illustrated in the environment of Marcet and Nicolini [American Economic Review 93 (2003), 1476–1498]. The resulting model gives qualitatively similar results to those of Marcet and Nicolini, and performs quantitatively somewhat better, based on the criterion of mean squared error. The model generates increasing gain during hyperinflations and decreasing gain after hyperinflations end, which matches findings in the data. An agent using this model behaves cautiously when faced …