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2007

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Articles 1 - 30 of 48

Full-Text Articles in Other Economics

Some Economic Issues In Indian Textile Sector, Badri Narayanan G. Dec 2007

Some Economic Issues In Indian Textile Sector, Badri Narayanan G.

Badri Narayanan G.

No abstract provided.


Promoting Economic Literacy In Massachusetts And Beyond, Margaret Brooks Dec 2007

Promoting Economic Literacy In Massachusetts And Beyond, Margaret Brooks

Bridgewater Review

No abstract provided.


Global Information Technology Report 2006-2007: Connecting To The Networked Economy, Priscilla Finley Dec 2007

Global Information Technology Report 2006-2007: Connecting To The Networked Economy, Priscilla Finley

Library Faculty Publications

This World Economic Forum report by Dutta (INSEAD) and Mia (WEF) evaluates the penetration of information and communication technologies (ICT) in 122 economies across the globe.


Análisis De La Colusión De Empresas En Un Esquema De Teoría De Juegos: Comentarios Y Reflexiones, Vicente German-Soto, José Luis Escobedo Nov 2007

Análisis De La Colusión De Empresas En Un Esquema De Teoría De Juegos: Comentarios Y Reflexiones, Vicente German-Soto, José Luis Escobedo

Vicente German-Soto

The aim of this work is to analyze and reflex about the reputation model in the finitely repeated Prisioners’ Dilemma and its applicability in the dupoly’s market. This work, also considerers the conditions under which each player, in the Cournot Duopoly, have the optimal strategy for cooperation in each stage of the game finitely repeated. Results point out that in spite of its limitations, the cooperation can arise and holding up as a result of three basic conditions: payoffs, strategies and the probability of being rational. We think that diverse modifications can be aggregated at this structure for do ...


Aching To Retire? The Rise In The Full Retirement Age And Its Impact On The Social Security Disability Rolls, Mark Duggan, Perry Singleton, Jae Song Aug 2007

Aching To Retire? The Rise In The Full Retirement Age And Its Impact On The Social Security Disability Rolls, Mark Duggan, Perry Singleton, Jae Song

Health Care Management Papers

The Social Security Amendments of 1983 reduced the generosity of Social Security retired worker benefits in the U.S. by increasing the program's full retirement age from 65 to 67 and increasing the penalty for claiming benefits at the early retirement age of 62. These changes were phased in gradually, so that individuals born in or before 1937 were unaffected and those born in 1960 or later were fully affected. No corresponding changes were made to the program's disabled worker benefits, and thus the relative generosity of Social Security Disability Insurance (SSDI) benefits increased. In this paper, we ...


Burnout And Perceived Organisational Support Among Frontline Hospitality Employees, Gabrielle Walters, Michael Raybould Jul 2007

Burnout And Perceived Organisational Support Among Frontline Hospitality Employees, Gabrielle Walters, Michael Raybould

Michael Raybould

This article describes research designed to investigate the relationship between burnout and perceived organisational support (POS) among front-line hospitality employees. Three hundred front-line employees of a multisite hospitality firm were surveyed using an instrument comprising the general survey version of the Maslach Burnout Inventory and the 17-item version of the Survey of Perceived Organisational Support (POS). Significant relationships were found between POS and each of the three burnout dimensions of exhaustion, cynicism and personal efficacy. The findings of this study contribute to the existing academic literature and provide hospitality managers with a better understanding of the factors that contribute to ...


Water Walls: An Effective Option For High Performance Buildings, David A. Bainbridge Jul 2007

Water Walls: An Effective Option For High Performance Buildings, David A. Bainbridge

David A Bainbridge

Water wall thermal mass has been proven over the last 40 years on a wide range of residential and commercial projects in temperate and cold climates. It provides better thermal comfort and more efficient energy transfer at reasonable cost.


Introduction To Research Methodologies, Professor Issam A.W. Mohamed Jun 2007

Introduction To Research Methodologies, Professor Issam A.W. Mohamed

Professor Issam A.W. Mohamed

In this book, I introduce basics of research methodologies in Arabic language which I believe is an unprecedented step. The conceptions, research frameworks, sampling and some detailed methods are given in this text book. Moreover, some analytical statistical methods are introduced to give insights to researchers. Methods of writing the scientific reports and papers in addition to documentation of references and classifying the required logical process of a thesis are detailed in this text. I introduce this book that was published by the Africa International University in Khartoum, Sudan for the purpose of helping sub and post graduate university students ...


The High-Frequency Response Of Exchange Rates And Interest Rates To Macroeconomic Announcements, Jon Faust, John H. Rogers, Shing-Yi Wang, Jonathan H. Wright May 2007

The High-Frequency Response Of Exchange Rates And Interest Rates To Macroeconomic Announcements, Jon Faust, John H. Rogers, Shing-Yi Wang, Jonathan H. Wright

Business Economics and Public Policy Papers

The joint movements of exchange rates and U.S. and foreign term structures over short-time windows around macro announcements are studied using a 14-year span of high-frequency data. In order to evaluate whether the joint effects can be reconciled with conventional theory, the implications of these joint movements for changes in expected future exchange rates and changes in foreign exchange risk premia are deduced. For several real macro announcements, a stronger than expected release appreciates the dollar today, and must either (i) lower the risk premium for holding foreign currency rather than dollars, or (ii) imply net expected dollar depreciation ...


Earnings Effects Of Sexual Orientation Revisited: Evidence From The Cps, Clay Rehrig May 2007

Earnings Effects Of Sexual Orientation Revisited: Evidence From The Cps, Clay Rehrig

Syracuse University Honors Program Capstone Projects

Objective. To measure the wage premium or penalty associated with sexual orientation of partnered lesbians and gays and to compare these estimates with those produced using smaller sample sizes and alternative definitions of homosexuality.

Data Source and Sampling Methods. Data are drawn from the Current Population Survey, produced by the U.S. Census Bureau. Extracting household information from the out-going March rotation provides a sample of 37,000 households interviewed in the years 1995 and 2000. Only workers living with a partner are included in the analysis.

Study Design. Following the methodology used by Black et al. (2003), this study ...


: Ingresos Y Vivienda Para Todos, Equilibrio General, Ciclo Económico Y Capitalización De Pobres, Alfredo Bateman, Cesara Ferrari, Fabio Giraldo Apr 2007

: Ingresos Y Vivienda Para Todos, Equilibrio General, Ciclo Económico Y Capitalización De Pobres, Alfredo Bateman, Cesara Ferrari, Fabio Giraldo

Alfredo Bateman

No abstract provided.


Theories Of Commitment, Altruism And Reciprocity: Evidence From Linear Public Goods Games, Rachel Croson Apr 2007

Theories Of Commitment, Altruism And Reciprocity: Evidence From Linear Public Goods Games, Rachel Croson

Operations, Information and Decisions Papers

Theories of commitment, altruism, and reciprocity have been invoked to explain and describe behavior in public goods and social dilemma situations. Commitment has been used to explain behaviors like water conservation and voting. Altruism has been applied to explain contributions to charities and intergenerational transfers and bequests. Reciprocity has been invoked to explain gift exchange and labor market decisions. This paper describes a set of experiments, which distinguish between these competing theories by testing their comparative statics predictions in a linear public goods setting. Results provide strong support for reciprocity theories over either theories of commitment or of altruism.



An Alternative Approach For Eliciting Willingness-To-Pay: A Randomized Internet Trial, Laura J. Damschroder, Peter A. Ubel, Jason Riis, Dylan M. Smith Apr 2007

An Alternative Approach For Eliciting Willingness-To-Pay: A Randomized Internet Trial, Laura J. Damschroder, Peter A. Ubel, Jason Riis, Dylan M. Smith

Marketing Papers

Open-ended methods that elicit willingness-to-pay (WTP) in terms of absolute dollars often result in high rates of questionable and highly skewed responses, insensitivity to changes in health state, and raise an ethical issue related to its association with personal income. We conducted a 2x2 randomized trial over the Internet to test 4 WTP formats: 1) WTP in dollars; 2) WTP as a percentage of financial resource; 3) WTP in terms of monthly payments; and 4) WTP as a single lump-sum amount. WTP as a percentage of financial resources generated fewer questionable values, had better distribution properties, greater sensitivity of health ...


Pay And Performance: Among 100 Best U.S. Companies To Work For, Omair Mahmood Faisal Apr 2007

Pay And Performance: Among 100 Best U.S. Companies To Work For, Omair Mahmood Faisal

Undergraduate Theses and Capstone Projects

In the 21st century, world is becoming a global village and with increased competition businesses are always looking for regions with the lowest possible production costs. Appropriate compensation of U.S. employees working for major U.S. corporations is a hotly debated topic in political circles. This research focuses on the top 100 companies designated as “the best companies to work for” by Fortune Magazine for the year 2006. Performance of these companies, as measured by their return on equity, return on assets, revenue growth and earnings growth along with their profit margin is used to determine the impact on ...


Further Evidence On Revenue Decentralization And Inflation, John Thornton Mar 2007

Further Evidence On Revenue Decentralization And Inflation, John Thornton

John Thornton

Results from a panel regression study of 19 OECD member countries suggest that when the measure of revenue decentralization is limited to the revenues over which sub-national governments have full autonomy, its impact on inflation is not statistically significant.


Labor Supply Decisions Of Rural Low-Income Mothers, Daniel Lass Jan 2007

Labor Supply Decisions Of Rural Low-Income Mothers, Daniel Lass

Daniel A. Lass

Labor force participation is crucial to the economic well-being of low-income rural families. This study identified the factors that influence two decisions that low-income rural mothers make regarding their employment: labor force entry and number of hours supplied to employment. The sample consisted of 412 rural low-income mothers who participated in a multi-state study. The logistic regression model correctly predicted 80 percent of their work participation decisions. Employed rural mothers appeared to be older, better educated, and less likely to suffer from depression compared to those not working. Additionally, they were more likely to have an employed partner, a driver ...


Teaching With Technology To Engage Students And Enhance Learning, Daniel Lass, Bernard Morzuch, Richard Rogers Jan 2007

Teaching With Technology To Engage Students And Enhance Learning, Daniel Lass, Bernard Morzuch, Richard Rogers

Daniel A. Lass

Teaching technology effects on student learning in a large lecture introductory statistics course were tested. Findings show in-class personal response systems and on-line homework/quizzes significantly improve student exam scores. We infer proven small class techniques, participating in class and doing homework via technologies, can restore sound pedagogy in larger classes. The experiment was conducted using just one class, but factors usually unaccounted for in assessment research were controlled, especially the instructor and other materials. The technologies investigated here can provide learning benefits to students even in larger courses often criticized for their inability to provide students quality learning experiences.


Standards-As-Barriers Versus Standards-As-Catalysts: Assessing The Impact Of Haccp Implementation On U.S. Seafood Imports, Julie Caswell Jan 2007

Standards-As-Barriers Versus Standards-As-Catalysts: Assessing The Impact Of Haccp Implementation On U.S. Seafood Imports, Julie Caswell

Julie Caswell

The United States mandated a Hazard Analysis Critical Control Points (HACCP) food safety standard for seafood in 1997. Panel model results for the period 1990 to 2004 suggest that HACCP introduction had a negative and significant impact on overall seafood imports from the top 33 suppliers. While the effect for developed countries was positive, the negative HACCP effect for developing countries supports the view of “standards-as-barriers” versus ”standards-as-catalysts.” When the effect is analyzed at an individual country level a different perspective emerges. Regardless of development status, leading seafood exporters generally gained sales volume with the U.S., while most other ...


Interaction Between Food Attributes In Markets: The Case Of Environmental Labeling, Gillies Grolleau, Julie Caswell Jan 2007

Interaction Between Food Attributes In Markets: The Case Of Environmental Labeling, Gillies Grolleau, Julie Caswell

Julie Caswell

Some consumers derive utility from using products produced with specific processes, such as environmentally friendly practices. Means of verifying these credence attributes, such as certification, are necessary for the market to function effectively. A substitute or complementary solution may exist when consumers perceive a relationship between a process attribute and other verifiable product attributes. We present a model where the level of search and experience attributes influences the likelihood of production of eco-friendly products. Our results suggest that the market success of eco-friendly food products requires a mix of environmental and other verifiable attributes that together signal credibility.


Introduction: Economic Measures Of Food Safety Interventions, Julie Caswell Jan 2007

Introduction: Economic Measures Of Food Safety Interventions, Julie Caswell

Julie Caswell

EconLit Citations: Q18, I18, L51 © 2007 Wiley Periodicals, Inc. Agribusiness 23: 153–156, 2007.


In Search Of The Bullwhip Effect, Gerard. P. Cachon, Taylor Randall, Glen M. Schmidt Jan 2007

In Search Of The Bullwhip Effect, Gerard. P. Cachon, Taylor Randall, Glen M. Schmidt

Operations, Information and Decisions Papers

The bullwhip effect is the phenomenon of increasing demand variability in the supply chain from downstream echelons (retail) to upstream echelons (manufacturing). The objective of this study is to document the strength of the bullwhip effect in industry-level U.S. data. In particular, we say an industry exhibits the bullwhip effect if the variance of the inflow of material to the industry (what macroeconomists often refer to as the variance of an industry's “production”) is greater than the variance of the industry's sales. We find that wholesale industries exhibit a bullwhip effect, but retail industries generally do not ...


Product Line Design And Production Technology, Serguei Netessine, Terry A. Taylor Jan 2007

Product Line Design And Production Technology, Serguei Netessine, Terry A. Taylor

Operations, Information and Decisions Papers

In this paper we characterize the impact of production technology on the optimal product line design. We analyze a problem in which a manufacturer segments the market on quality attributes and offers products that are partial substitutes. Because consumers self-select from the product line, product cannibalization is an issue. In addition, the manufacturer sets a production schedule in order to balance production setups with accumulation of inventories in the presence of economies of scale. We show that simultaneous optimization of the product line design and production schedule leads to insights that differ significantly from the common intuition and assertions in ...


True Cost Accounting For A Post-Autistic Economy, David A. Bainbridge Jan 2007

True Cost Accounting For A Post-Autistic Economy, David A. Bainbridge

David A Bainbridge

True cost accounting includes all environmental and social costs. If these are neglected the market fails. The critical link between ecosystem and humanity and the price of goods has been ignored at our peril.


Healthy Competition: What’S Holding Back Health Care And How To Free It, Michael F. Cannon Jan 2007

Healthy Competition: What’S Holding Back Health Care And How To Free It, Michael F. Cannon

Michael F. Cannon

No abstract provided.


What To Do When They Close The Strait Of Hormuz, Harry D. Saunders Jan 2007

What To Do When They Close The Strait Of Hormuz, Harry D. Saunders

Harry D. Saunders

This paper provides a non-mathematical analysis of options available to fiscal and monetary authorities in the event of a major oil supply disruption. It argues for distinguishing between "price" shocks and "quantity" shocks.


Decoupled Farm Payments & The Role Of Base Updating Under Uncertainty, Arathi Bhaskar, John Beghin Jan 2007

Decoupled Farm Payments & The Role Of Base Updating Under Uncertainty, Arathi Bhaskar, John Beghin

Economics Working Papers (2002–2016)

In the context of the U.S farm policy, this paper analyzes the effect that expectations about base updating in future policies have on a farmer’s acreage decision in the presence of price, yield and policy uncertainty. We consider a risk neutral farmer producing a single crop whose income consists of market revenue and government payments. We consider two policy regimes. Decisions made in the current policy regime are linked to government payments in the future policy regime through the possibility of a base update in the future regime. There is policy uncertainty about the possibility of a base ...


Rationality In Economics: Constructivist And Ecological Forms, Vernon L. Smith Jan 2007

Rationality In Economics: Constructivist And Ecological Forms, Vernon L. Smith

ESI Publications

Chapter 1: Rediscovering the Scottish Philosophers


If You Teach A (Wo)Man To Fish: An Interdisciplinary Approach To Poverty Alleviation And Women's Empowerment Through The Integration Of Literacy And Microfinance, Ceri Howes Jan 2007

If You Teach A (Wo)Man To Fish: An Interdisciplinary Approach To Poverty Alleviation And Women's Empowerment Through The Integration Of Literacy And Microfinance, Ceri Howes

Vahe Proudian Interdisciplinary Honors Program, Senior Honors Theses

Every year, over eight million people around the world die because they do not have the basic means necessary to sustain their lives. In the most fundamental of terms, poverty is the inherent absence of power within the community that is subject to such conditions. Poverty is far reaching and complex, and takes place at the global, national, local, and individual levels in a variety of forms. Therefore, if poverty is the absence of power, tools for alleviating poverty must be tools of empowerment, they must be methods for promoting independence and social justice, and they must establish a dialogue ...


The Value Of Third-Party Certification Of Preconditioning Claims At Iowa Feeder Cattle Auctions, Harun Bulut, John Lawrence Jan 2007

The Value Of Third-Party Certification Of Preconditioning Claims At Iowa Feeder Cattle Auctions, Harun Bulut, John Lawrence

Economics Publications

After controlling a variety of feeder cattle characteristics and market and sale conditions in Iowa feeder auctions, the price premiums for preconditioning claims (vaccinations and minimum 30 days of weaning) with and without third-party certification (TPC) are estimated as $6.12/cwt and $3.35/cwt, respectively. These premiums differ statistically (p < 0.0001), and their difference exceeds the average participation cost of TPC ($l/cwt). This indicates that TPC is valued in the market to credibly signal preconditioning investment under asymmetric information.


The Role Of Economics In Achieving Welfare Gains For Animals, Jennifer Fearing, Gaverick Matheny Jan 2007

The Role Of Economics In Achieving Welfare Gains For Animals, Jennifer Fearing, Gaverick Matheny

State of the Animals 2007

The demand for animal products and services is a powerful economic force in society, and multibillion-dollar industries are organized around this demand. These industries often face increased costs by improving animal welfare and are quick to use economic arguments against proposed welfare reforms (see sidebar on page 169). These arguments, while often specious, can influence consumers, voters, and policy makers. Citizens are less likely to support animal welfare reforms they’ve been told will double their shopping bill or impoverish family farmers.

Animal welfare advocates cannot respond to these economic arguments with moral rhetoric alone. Instead, non-governmental observers (NGOs) must ...