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Health care expenditures in the United States and five industrialized economies: A pooled time-series cross-section model.

Shah, Sandhya K. - Florida Atlantic University

This thesis empirically analyzes the determinants of national health care expenditures in the United States and five other industrialized economies. A reduced-form model for national health care expenditures, based upon a partial-adjustment mechanism, is specified as a function of supply and...

Persistent link: https://www.econbiz.de/10009431453

A partial behavioral model for macroeconomic expansion.

Knickerbocker, H. E. - Florida Atlantic University

model, as well as general agreement with a large body of existent theory. … model, as well as general agreement with a large body of existent theory. …

Persistent link: https://www.econbiz.de/10009431455

On the interaction between the investment and financing decision: An extension and empirical test of the Williamson specificity hypothesis.

Cushing, Woodrow Wilson - Florida Atlantic University

This dissertation has a twofold objective: to extend the Williamson asset specificity hypothesis and to empirically test both the asset specificity hypothesis and the extension. The Williamson asset specificity hypothesis asserts that the financial leverage used by firms is a function of the...

Persistent link: https://www.econbiz.de/10009431480

SRAFFA AND THE CIRCUIT OF PRODUCTIVE CAPITAL

MCLEOD, WILLIAM DENNETT

In this dissertation I establish the common Physiocratic heritage shared by Karl Marx and Piero Sraffa. For Marx, this heritage finds expression in his second volume of Capital, Chapter Two, "The Circuit of Productive Capital", and for Sraffa, in his work, Production of Commodities by Means of...

Persistent link: https://www.econbiz.de/10009431517

THEORIES OF ECONOMIC VALUE: VALUE THEORY IN ECONOMICS AND ITS FOUNDATIONS IN PHILOSOPHY

KERR, IAN ALEXANDER

The last three decades have witnessed a revival of interest in value theory in economics, accompanied by mounting … challenges to the neoclassical orthodoxy. Not only has neoclassical price theory come under attack, especially from the neo …-Ricardian critique of contemporary capital and distribution theory, but there has also been dissatisfaction with the performance of …

Persistent link: https://www.econbiz.de/10009431522

TWO ESSAYS ON SOVEREIGN DEBT

PATTAPHONGS, DANAI

This dissertation is composed of two papers. In the first paper, we draw a distinction between the "optimal debt" and the "debt capacity" of a sovereign nation. It is shown that for a sovereign nation, its debt capacity is at most equal to its optimal debt. The existence and the type of...

Persistent link: https://www.econbiz.de/10009431523

A macroeconomic forecasting model for Jordan

El-Mefleh, Muhannad Ali

Economic forecasts are needed in order to gain knowledge about future trends and events that are crucial for current decision making regarding the economy. There are no known models for forecasting the Jordanian economy. The purpose of this thesis is to design a forecasting model for the...

Persistent link: https://www.econbiz.de/10009431539

A macroeconomic factor test of the arbitrage pricing theory

Dukas, Stephen Peter

Arbitrage Pricing Theory. These derived macroeconomic factors (exogenous variables) were estimated by applying Principal …The Arbitrage Pricing Theory was tested over the three periods 1972-1987, 1972-1979, and 1980-1987. The results of … these tests were consistent with the Arbitrage Pricing Theory over the subperiods 1972-1979 and 1980-1987, and less …

Persistent link: https://www.econbiz.de/10009431544

Determinants of the value of common stocks in the U.S.: An econometric analysis for the period 1968-1988

Diao, Clyde Ligutom

The study tested three types of models, i.e. financial, macroeconomic, and the combined financial-macroeconomic model (FINMAC), an aggregation of the expanded Gordon model and the IS-LM model. This was done to determine the impact of certain financial and macroeconomic variables on stock prices...

Persistent link: https://www.econbiz.de/10009431551

STABILIZATION POLICIES IN AN OPEN ECONOMY UNDER ALTERNATIVE EXCHANGE RATE AND WAGE RATE CONDITIONS.

HORN, KLAUS-PETER. - Florida Atlantic University

This thesis examines how the various instruments of monetary and fiscal policy work in the presence of fixed and flexible exchange rates. Based on the pioneering work of Mundell and Fleming, the traditional view assigns fiscal policy as being highly suitable for a fixed exchange rate regime,...

Persistent link: https://www.econbiz.de/10009431563