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Business Economics articles from January 1994
Professional journal of the National Association of Business Economists covering topics such as macro and microeconomics, monetary and fiscal policy, business forecasting, international economics, and deregulation.
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Business Economics archives from January 1994
The Adam Smith address: competing in the world economy: trade competition vs. growth competition. (Transcript)
January 1, 1994... AS I PREPARED my remarks for this meeting, I thought about the theme of this conference -- "Can the U.S. Prosper in a Competitive World?" -- and about what Adam Smith himself might have said if you could have had him as your speaker today....
NABE presidential address: building improved official statistics for decisionmaking. (National Association of Business Economists) (Transcript)
January 1, 1994... IT HAS BEEN a great honor to serve as your president during the past year. Throughout more than thirty years of membership in NABE, I have been impressed with the caliber of the membership, the professional contribution of the association and...
U.S. trade deficits and international competitiveness. (Transcript)
January 1, 1994... THIS PAPER will discuss our trade deficit and what it implies about our ability to compete globally.
We've had this trade deficit for over a decade. Some people, and a number of policymakers, see this as a symptom that we've lost our edge in...
Business prospects in a competitive world. (Transcript)
January 1, 1994... A GREAT MAJORITY of NABE members are involved on a daily basis with businesses that pursue growth and, in doing so, pursue new markets. I would like to propose the following: most of our companies, and business sectors as a whole, are already...
A tale of two eras. (a comparison of the business environment during the 1980s and 1989-93)
January 1, 1994... THE 1980s were characterized by heightened merger and acquisition (MA) activity and the increased us of debt (D)--the MAD period. These activities peaked in 1988 and have been essentially reversed since 1989, a period characterized by financial...
The troubled airline industry: impacts on plane makers and the U.S. economy.
January 1, 1994... SINCE 1970, the number of passengers handled by the world's airlines has risen more than three-fold, from 383 million in 1970 to more than 1.2 billion in 1992. When the length of each trip is taken into account, the growth in passenger miles...
Predicting turning points in economic activity with indexes of economic indicators: improved reliability using a logistic model.
January 1, 1994... THOSE RESPONSIBLE for business cycle dating have always had the thankless task of evaluating economic data and declaring the direction of economic activity. The role of the Business Cycle Dating Committee of the National Bureau of Economic...
The business economist at work: The Bechtel Group.
January 1, 1994... THE WORK of every business economist is shaped by three main forces: the industry in which the economist works, the particular firm within the industry; and the individual's background, capabilities and predilections. I suspect that few...
The statistics corner: a layman's description of the United Nations' System of National Accounts.
January 1, 1994... FOR ECONOMISTS and for business decisionmakers, in evaluating the economic context for their decision the United Nations System of National Accounts(1) is important, even though it is not well known. A brief description of the 1993 SNA revision...
The PC Corner. (DOS 6.0) (Column)
January 1, 1994... I HAVE SURVIVED my first four months in Riyadh relatively unscathed. It is now autumn in the Kingdom of Saudi Arabia, and the temperature is now in the high 30s during the day, dropping into the mid 20s at night. Of course, this is in Celsius! We...
Out of Work: Unemployment and Government in Twentieth Century America.
January 1, 1994... MANY INTELLECTUALS must have a defective gene. All too often, they overlook a simple explanation based on proximate conditions in favor of a contrived explanation based on some remote condition. (I was reminded about this last year, when the...
The FORTUNE Encyclopedia of Economics.
January 1, 1994... THE BOOK is not really an encyclopedia. It is a very thoughtful collection of brief but penetrating essays on modern economics. The essays are arranged in fourteen subject areas called chapters and then presented alphabetically by topic. Essays...