Economics Commons^™

Money + Credit, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, Anwar. General significance of the forms of capital-value. Unpublished manuscript, nineteen seventy-six (25-25_Mone... p. 2).
• Heinsohn, Gunnar, & Steiger, Otto. The property theory of interest and money. In L. Randall Wray, editor, Money and credit in capitalist economies: The endogenous money approach. Edward Elgar Publishing, nineteen ninety (25-25_Mone... p. 7).
• Malkin, Lawrence, Bolte, Gisela, & Grieves, Robert T. Modern barter. Time Magazine, nineteen eighty-four (25-25_Mone... p. 8).
• Shaikh, Anwar. Foreign trade and the theory of money. Science and Society, volume forty-two, issue three, nineteen seventy-eight (25-25_Mone... pp. 10-11).
• Shaikh, …

Mesauring The Effect Of Technological Change In Health Care Cost And Expenditure, Krishna P. Sharma

Wayne State University Dissertations

ABSTRACT

Background and objectives:

Technological change has a major role in driving up health care cost and expenditure. Yet we are not fully able to know the extent to which technological change affects cost and expenditure and the way new technologies enter the cost or expenditure functions. This paper uses historical data of US elderly males to see how health care spending associated with prostate cancer treatment behaves over time. Understanding the extent and mechanism by which a new technology actually translates into higher cost are main objectives of this study.

Study design, data and organization of the report:

This …

Economic Analysis Of Multidimensional Measures Of Obesity, Li Li

Wayne State University Dissertations

This study develops multidimensional measures of obesity based on six body measures, namely, weight, maximal calf circumference, thigh circumference, subscapular skinfold, waist circumference and percent body fat. Previous studies have used body mass index (BMI) as the measure of obesity. BMI does not fully consider body composition and is even more limited when applied to a population of subjects that are heterogeneous in muscularity, age, or bodyweight. Moreover, the use of BMI to classify people as obese and non-obese may result in misclassification problems. More recent studies have chosen some alternative measures of obesity, but there is no consensus on …

A Re-Examination Of Money And Business Cycles, Joshua Hendrickson

Wayne State University Dissertations

In the last several years, dynamic stochastic general equilibrium (DSGE) models have become the predominant tool of modern macroeconomics and, in particular, monetary policy research. Generally speaking, the basic New Keynesian model is the standard framework for analysis. This framework uses optimizing agents and firms to generate a dynamic, rational expectations model analogous to traditional IS-LM analysis in which the LM curve has been replaced with a monetary policy rule. As a result, the model makes a strong assumption about monetary policy. Namely, the New Keynesian model assumes that the short term interest rate is sufficient to capture the monetary …

Searching For Effective Teachers With Imperfect Information, Douglas O. Staiger, Jonah E. Rockoff

Dartmouth Scholarship

Over the past four decades, empirical researchers -- many of them economists -- have accumulated an impressive amount of evidence on teachers. In this paper, we ask what the existing evidence implies for how school leaders might recruit, evaluate, and retain teachers. We begin by summarizing the evidence on five key points, referring to existing work and to evidence we have accumulated from our research with the nation's two largest school districts: Los Angeles and New York City. First, teachers display considerable heterogeneity in their effects on student achievement gains. Second, estimates of teacher effectiveness based on student achievement data …

Corporate Power In The Public Eye: Reassessing The Implications Of Berle’S Public Consensus Theory, Marc T. Moore, Antoine Rebérioux

Seattle University Law Review

We analyze Berle’s overall corporate governance project in accordance with what we see as its four core sub-themes: (A) the limitations of external market forces as a constraint on managerial decision-making power; (B) the desirability of internal (corporate) over external (market) actors in allocating corporate capital; (C) civil society and the public consensus as a continuous informal check on managerial decision-making power; and (D) shareholder democracy (as opposed to shareholder primacy or shareholder wealth maximization) as a socially instrumental institution. We seek to debunk the popular misconception that Berle’s early work was a defense of the orthodox shareholder primacy paradigm …

The Price Of Equality: Suboptimal Resource Allocations Across Social Categories, Stephen M. Garcia, Max H. Bazerman, Shirli Kopelman, Avishalom Tor, Dale T. Miller

Journal Articles

This paper explores the influence of social categories on the perceived trade-off between a relatively bad but equal distribution of resources between two parties and a profit-maximizing yet unequal one. Studies 1 and 2 showed that people prefer to maximize profits when interacting within their social category, but chose not to maximize individual and joint profits when interacting across social categories. Study 3 demonstrated that outside observers, who were not members of the focal social categories, also were less likely to maximize profits when resources were distributed across social category lines. Study 4 showed that the transaction utility of maximizing …

Is Private Long-Term Care Insurance Affordable For Older Adults?, Nayoung Kim

Wayne State University Dissertations

Nationwide there are fewer than 7 million long-term care (LTC) insurance policies in force. Why do so few Americans buy private long-term care (LTC) insurance? Several theories have been offered as possible explanations, including the availability of Medicaid, misperceptions that Medicare or other policies cover LTC, beliefs that one's own risk of needing LTC services is small, or desires to simply rely on children and spouses for LTC. This study examines another possible explanation - that private LTC insurance is simply "unaffordable" for most older Americans, which may be why they don't buy it.

This study begins by investigating the …

Alcohol Use Disorders And Labor Market Outcomes: An Analysis Using 2001-02 National Epidemiology Survey On Alcohol And Related Conditions, Shammima Jesmin

Wayne State University Dissertations

ABSTRACT

ALCOHOL USE DISORDERS AND LABOR MARKET OUTCOMES: AN ANALYSIS USING 2001-02 NATIONAL EPIDEMIOLOGY SURVEY ON ALCOHOL AND RELATED CONDITIONS

by

SHAMMIMA JESMIN

May 2010

Advisor: Dr. Allen Goodman

Major: Economics

Degree: Doctor of Philosophy

BACKGROUND

Attempt of this research to explore the impact of alcohol use disorders on labor market outcomes is justified on the following grounds. First, alcohol use disorders (alcohol abuse and dependence) became more prevalent among the working age population over the decades (NIAAA: 2004). Second, existence of a large body of research on the nature and extent of relationship between alcohol use and labor market …

Va Healthcare Costs Of A Collaborative Intervention For Chronic Pain In Primary Care, Kathryn C. Dickinson, Rajiv Sharma, Jonathan P. Duckart, Kathryn Corson, Martha S. Gerrity, Steven K. Dobscha

Economics Faculty Publications and Presentations

Background: Chronic pain is costly to individuals and the healthcare system, and is often undertreated. Collaborative care models show promise for improving treatment of patients with chronic pain. The objectives of this article are to report the incremental benefit and incremental health services costs of a collaborative intervention for chronic pain from a veterans affairs (VA) healthcare perspective.

Methods: Data on VA treatment costs incurred by participants were obtained from the VA's Decision Support System for all utilization except certain intervention activities which were tracked in a separate database. Outcome data were from a cluster-randomized trial of a …

Optimum Land Allocation For Species Protection And Military Training On Dod Installations, Sahan T.M. Dissanayake, Hayri Önal, James D. Westervelt, Harold E. Balbach

Economics Faculty Publications and Presentations

Poster

Rxr Rulc Typed Notes And Model Results, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (2002). Full exchange rate and balance of payments model. Unpublished manuscript.
• Shaikh, A. (2009). Real exchange rate vs. adjusted relative real unit labor costs and covered interest rate differentials. Unpublished manuscript.
• Shaikh, A. (2009). Least squares estimations of deviations of the terms of trade from rescaled relative unit labor costs. Unpublished manuscript.
• Shaikh, A. (2009). Tests of uncovered interest parity versus the classical relative price hypothesis: Exchange rate changes and real interest differentials. Unpublished manuscript.
• Shaikh, A. (2010). United States and Japan macroeconomic cointegration analysis, unit root tests, and error correction …

Export Vs. Import - Led Growth In Mexico, Joseph Kababie

Open Access Theses & Dissertations

This study concentrates on the role of imports and the impact they have for economic growth in the country of Mexico. The investigation is conducted in a time series framework using an ordinary least square method, a vector autoregressive model, and a vector error correction model to test the trade variables of exports and imports for exogenous or endogenous induced growth. The results indicate through Granger causality tests that imports are having the significant impact for economic growth. These findings are in some ways in contradiction to previous literature that has focused on exports as being the sole engine for …

Inequality Aversion And Efficiency With Ordinal And Cardinal Social Preferences – An Experimental Study, Dorothea K. Herreiner, Clemens Puppe

Economics Faculty Works

In this paper, we report on a series of free-form bargaining experiments in
which two players have to distribute four indivisible goods among themselves. In one treatment, players are informed about the monetary payoffs associated with each bundle of goods; in a second treatment only the ordinal ranking of the bundles is given. We find that in both cases, inequality aversion plays a prominent role. In the ordinal treatment, individuals apparently use the ranks in the respective preference orderings over bundles of goods as a substitute for the unknown monetary value. Allocations that distribute the value (money or ranks, respectively) …

Globalization And International Development: Critical Issues Of The 21st Century, Sisay Asefa Editor

Upjohn Press

These papers address globalization issues with a special emphasis on its impact on poverty. Advances in transportation and telecommunications with instantaneous information and communication flows requires new approaches given the wide differences in cultures, political systems, languages, and ethnicities. Extreme variation in the international distributions of wealth, income, and poverty remain as enormous social problems to be addressed. In general, the contributors recommend expanding the flows between countries to accelerate growth and reduce inequalities. These flows include international trade and capital, migration, remittances, and foreign aid. But in addition to these hard commodities and dollars, there are flows of ideas, …

Staying The Course: U.S. Employment Strategy During The Great Recession, Randall W. Eberts

Periodical Articles

No abstract provided.

Pension Policy: The Search For Better Solutions, John A. Turner

Employment Research Newsletter

No abstract provided.

Rulc Rxr Econometrics, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. Rule exchange rate and real exchange rate econometrics and stationarity analysis.
• Elliott, G., Rothenberg, T. J., & Stock, J. H. Efficient tests for an autoregressive unit root.
• Ng, S., & Perron, P. Lag length selection and the construction of unit root tests with good size and power.
• Pesaran, M. H., Shin, Y., & Smith, R. J. Bounds testing approaches to the analysis of level relationships.
• Shaikh, A. Gretl statistical regression software outputs for terms of trade and unit labor cost models.
• Shaikh, A. Simulated terms of trade, relative unit labor …

Retirements - Scrapping, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. July 11, 2010. Notes on retirements and scrapping. Unpublished work. Title and author only.

• Shaikh, A. March 8, 1979. Notes on fixed capital. Unpublished work. Title and author only.

• Shaikh, A. August 6, 1988. Perlo vs. BEA - kstock. Unpublished work. Title and author only.

• Goldsmith, R. W., Brady, D. S., & Mendershausen, H. 1956. A study of saving in the United States, volume III. Princeton, NJ: Princeton University Press.

• Gupta, S. May 2, 1991. Alternative estimates of capital stock. Unpublished work. Title and author only.

Is Economics Coursework, Or Majoring In Economics, Associated With Different Civic Behaviors?, Sam Allgood, William Bosshardt, Wilbert Van Der Klaauw, Michael Watts

Department of Economics: Faculty Publications

Studies regularly link levels of educational attainment to civic behavior and attitudes, but only a few investigate the role played by specific coursework. Using data collected from students who attended one of four public universities in our study, we investigate the relationship between economics coursework and civic behavior after graduation. Drawing from large samples of students in economics, business, or general majors, we compare responses across the three groups and by the number of undergraduate economics courses completed. We find that undergraduate coursework in economics is strongly associated with political party affiliation and with donations to candidates or parties, but …