American Economist articles from March 1993

American Economist archives from March 1993

Trains of thought. (personal reflections)
March 22, 1993... My essay will be concerned principally with some philosophical views I have held for much of my life. After recounting the sources (for me) and the nature of these views, I will conclude with some brief personal reflections. These...

Philosophical pattern comparisons among eminent economists.
March 22, 1993... I. Introduction In the last decade, there has been an increase in the scope and volume of research on the economics profession and its practitioners.(1) Also, historians of economic thought have traced the interactions at the conceptual level,...

Interpersonal comparisons and labor supply: an empirical analysis.
March 22, 1993... I. Introduction In a 1985 American Economic Review article, Robert Frank explored how patterns of spending behavior are affected when household's make interpersonal comparisons with respect to some goods but not others.(1) Following Fred...

Measuring discrimination against females: is the "non-discriminatory" wage the male or the female wage?
March 22, 1993... Introduction Typically, when using Oaxaca's decomposition (7) to measure discrimination against females, (or for that matter any group) either the wage regression for males is used to predict female earnings which can be compared to actual...

A demand system for a gambling market: on the relative efficiency of restricted estimators for singular systems of equations.
March 22, 1993... Introduction Linear allocation or share systems, because of a budget or other constraint, require that the error terms exhibit linear dependency; this has raised the problem of how to deal, in a symmetric way, with the estimation of parameters...

Contractual governance in trucking: Maislin v. Primary Steel and the undercharge crisis. (Maislin Industries Ltd.)
March 22, 1993... INTRODUCTION One of the great tragedies in life, Oscar Wilde warned in Lady Windermere's Fan, is having one's fondest wish come true. It is a lesson the nation's shippers may ruefully appreciate: Initially strong proponents for trucking...

Sector-specific unemployment and corporate income tax incidence: a geometric exposition.
March 22, 1993... I. Introduction Ever since Harberger's (3) work on the incidence of the corporate income tax, the general equilibrium analysis of tax incidence has been developed in the framework of fully employed factors.(1) Only recently, in the work of...

The intifada and its impact on the banking system in the state of Israel.
March 22, 1993... Introduction The Intifada -- Arabic for uprising has had an impact on economic activities in the State of Israel.(1) Banking activities, as measured by both deposits as well as loans, have been effected in both the Israeli sector (as defined...

Allen's arc vs. assumed isoelasticity, pedagogical efficacy vs. artificial accuracy: a comment. (response to L.A. Daellenbach, A.W. Khandker, G.J. Knowles and K.R. Sherony, American Economist, vol. 35, no. 2, p. 56, Spring 1991)(includes authors' reply)
March 22, 1993... 1. Introduction In their recent article in this journal, "Restrictions of Allen's Arc Elasticity of Demand; Time to Consider the Alternative?" Daellenbach, Khandker, Knowles, and Sherony|l991~ (hereafter "DKKS") join a long list of detractors...

Economic development and family size: a comment. (response to Roberto J. Rios, American Economist, vol. 35, no. 2, 1991)(includes author's reply)
March 22, 1993... Rios (1991) provides a useful overview of Latin American fertility trends and addresses the possibility that increasing incomes will lead to fertility decreases as happened in Europe. His estimates suggest a conclusion which places increased...

Industrial organization: survey of reading materials in universities in Canada and the United States.
March 22, 1993... 1) Objective: The major objectives of the survey are to provide information on books and journal articles assigned to students, weights allotted to grading; pre-requisites for enrollment in courses; objectives and/or content of courses;...