Current Search: Stronge, William B. (x)
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Pages
- Title
- RIDGE REGRESSION.
- Creator
- VELENTZAS, KONSTANTINOS THEODOROS., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis demonstrates the theory and logic of the ridge regression method of statistical estimation. The effect of multicollinearity on ordinary least squares is explored, and the optimality of the ridge estimators is derived. The critical analyses of ridge regression that have been developed in the biased estimation literature and by Bayesian statisticians is discussed. The technique of ridge regression is compared to ordinary least squares in the context of estimating price and income...
Show moreThis thesis demonstrates the theory and logic of the ridge regression method of statistical estimation. The effect of multicollinearity on ordinary least squares is explored, and the optimality of the ridge estimators is derived. The critical analyses of ridge regression that have been developed in the biased estimation literature and by Bayesian statisticians is discussed. The technique of ridge regression is compared to ordinary least squares in the context of estimating price and income elasticities for Greek imports.
Show less - Date Issued
- 1984
- PURL
- http://purl.flvc.org/fcla/dt/14202
- Subject Headings
- Ridge regression (Statistics), Estimation theory
- Format
- Document (PDF)
- Title
- SYSTEMS OF DIFFERENCE EQUATIONS IN ECONOMIC THEORY.
- Creator
- WONNACOTT, LARRY RUSSELL., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This study demonstrates the importance of dynamic economic analysis, the role played by difference equations in such analysis and the properties of systems of difference equations. This is accomplished by proving the significance of dynamics in general and difference equations in particular using the Cobweb model and the "correspondence principle". The properties of systems of linear, first order difference equations are discussed in detail and it is shown that a system of any order can be...
Show moreThis study demonstrates the importance of dynamic economic analysis, the role played by difference equations in such analysis and the properties of systems of difference equations. This is accomplished by proving the significance of dynamics in general and difference equations in particular using the Cobweb model and the "correspondence principle". The properties of systems of linear, first order difference equations are discussed in detail and it is shown that a system of any order can be reduced to first order so that the discussion is completely general. The properties included in this analysis ore the traverse, impact, delayed, cumulative and long run multipliers, and stability of a linear system. A simple Keynesian model of income determination is estimated and simulated by the computer to facilitate observation of these properties.
Show less - Date Issued
- 1972
- PURL
- http://purl.flvc.org/fcla/dt/13521
- Subject Headings
- Economics, Mathematical
- Format
- Document (PDF)
- Title
- TIME SERIES ANALYSIS OF INFLATION AND UNEMPLOYMENT 1948 - 1981.
- Creator
- MORIARTY, PATRICK JAMES., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis is a study of time series modeling techniques applied to the relationship between the rate of inflation and unemployment. The data used in this study are quarterly for the United States from 1948 - 1981. The study begins by reviewing the major theories of inflation and unemployment. Univariate stochastic time series methods are introduced and applied to the above-mentioned relationship. Multivariate stochastic time series methods are then fit to a series of related variables to...
Show moreThis thesis is a study of time series modeling techniques applied to the relationship between the rate of inflation and unemployment. The data used in this study are quarterly for the United States from 1948 - 1981. The study begins by reviewing the major theories of inflation and unemployment. Univariate stochastic time series methods are introduced and applied to the above-mentioned relationship. Multivariate stochastic time series methods are then fit to a series of related variables to investigate the validity of the lag structures employed on the relationship between inflation and unemployment.
Show less - Date Issued
- 1982
- PURL
- http://purl.flvc.org/fcla/dt/14114
- Subject Headings
- Unemployment--United States--Effect of inflation on, Time-series analysis
- Format
- Document (PDF)
- Title
- TIME SERIES ANALYSIS OF INCOME AND CONSUMPTION.
- Creator
- THEALL, GEORGE ALBERT., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis uses time series analysis to construct models of income and consumption in the United States between 1947 and 1983. The data are quarterly observations on three measures of income and two of consumption. The study begins with a survey of univariate and multivariate model building techniques. With the life cycle - permanent income hypothesis as a foundation, theoretical models of income and consumption are discussed. These models are then fit to the data and examined. Tests for...
Show moreThis thesis uses time series analysis to construct models of income and consumption in the United States between 1947 and 1983. The data are quarterly observations on three measures of income and two of consumption. The study begins with a survey of univariate and multivariate model building techniques. With the life cycle - permanent income hypothesis as a foundation, theoretical models of income and consumption are discussed. These models are then fit to the data and examined. Tests for causality are also covered in order to determine the manner in which the two processes are related in a multivariate model.
Show less - Date Issued
- 1983
- PURL
- http://purl.flvc.org/fcla/dt/14184
- Subject Headings
- Income--United States, Consumption (Economics)--United States, Time-series analysis
- Format
- Document (PDF)
- Title
- A TWO-SECTOR GROWTH MODEL OF THE UNITED STATES ECONOMY.
- Creator
- POSLUSNY, CHESTER, JR., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This work includes a survey of the literature of growth theory with emphasis on the two-sector Neoclassical model. A two-sector model of the U. S. economy with disembodied Harrod neutral technological change is estimated and simulated. Stability and the role of price mechanism is pointed out. The results of the estimation do not seem to support the significance of the disaggregation of the data into the two sectors. A clear advantage of the model, however, lies in the efficient disequilibrium...
Show moreThis work includes a survey of the literature of growth theory with emphasis on the two-sector Neoclassical model. A two-sector model of the U. S. economy with disembodied Harrod neutral technological change is estimated and simulated. Stability and the role of price mechanism is pointed out. The results of the estimation do not seem to support the significance of the disaggregation of the data into the two sectors. A clear advantage of the model, however, lies in the efficient disequilibrium adjustment mechanism.
Show less - Date Issued
- 1974
- PURL
- http://purl.flvc.org/fcla/dt/13653
- Subject Headings
- Economics, General
- Format
- Document (PDF)
- Title
- Welfare effects of the 1986 Lumber Agreement between the United States and Canada.
- Creator
- Moore, Alexandra E., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
The problem of restrictions on trade is the basis of this paper. More specifically, the implications of the U.S.-Canadian Lumber Agreement are outlined in the Introduction. Chapter II offers a history of modern international trade theory as well as current trade theories. The next chapter further dissects a particular theory; the effects of trade-restriction reduction. In Chapter IV a model of the Canadian export tariff as proposed in the 1986 Agreement is explained as are empirical results...
Show moreThe problem of restrictions on trade is the basis of this paper. More specifically, the implications of the U.S.-Canadian Lumber Agreement are outlined in the Introduction. Chapter II offers a history of modern international trade theory as well as current trade theories. The next chapter further dissects a particular theory; the effects of trade-restriction reduction. In Chapter IV a model of the Canadian export tariff as proposed in the 1986 Agreement is explained as are empirical results and their effects on the U.S. economy.
Show less - Date Issued
- 1990
- PURL
- http://purl.flvc.org/fcla/dt/14580
- Subject Headings
- Lumber trade--United States, Lumber trade--Canada
- Format
- Document (PDF)
- Title
- An empirical study of Florida nonprofit arts organizations.
- Creator
- Lu, Yu Hua., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis contains an empirical study of nonprofit cultural organizations in the state of Florida. Transcendental and Cobb Douglas functions are compared for a sample of 76 organizations. The organizations produce under conditions of decreasing returns to scale and both labor and capital are employed in amounts beyond the point where their marginal revenue products equal their input prices. Labor is disaggregated between artists and adjuvants, with the former functioning as essential to...
Show moreThis thesis contains an empirical study of nonprofit cultural organizations in the state of Florida. Transcendental and Cobb Douglas functions are compared for a sample of 76 organizations. The organizations produce under conditions of decreasing returns to scale and both labor and capital are employed in amounts beyond the point where their marginal revenue products equal their input prices. Labor is disaggregated between artists and adjuvants, with the former functioning as essential to production and the latter not being essential to production.
Show less - Date Issued
- 1991
- PURL
- http://purl.flvc.org/fcla/dt/14753
- Subject Headings
- Nonprofit organizations--United States, Arts--Economic aspects--United States
- Format
- Document (PDF)
- Title
- The effect of prices on the United States trade balance.
- Creator
- Liu, Jian., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis examines the extent of J-curve effects in U.S. foreign trade between 1971 and 1989. Three distinct types of trade were specified and examined for this purpose: (1) aggregate; (2) by individual countries; (3) by products. The empirical findings indicate that the aggregate trade balance of the United States displayed the J-curve pattern in reaction to relative price changes during the period and the J-curve effect also held for trade with some countries and by some products.
- Date Issued
- 1991
- PURL
- http://purl.flvc.org/fcla/dt/14751
- Subject Headings
- Balance of trade--United States, United States--Commerce, Foreign exchange problem--United States
- Format
- Document (PDF)
- Title
- A GENERAL DISEQUILIBRIUM INTERPRETATION OF KEYNESIAN MACROECONOMICS.
- Creator
- MONTANARO, EDWARD G., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
In this thesis the literature of disequilibrium macroeconomic theory was reviewed and the empirical relevance of the Keynesian interpretation of the labor demand function was examined and contrasted to the disequilibrium interpretation of Barro and Grossman, Patinkin's disequilibrium theory of the labor market and Clower's partial disequilibrium analysis of the commodity market were examined in depth. The bulk of the literature review was devoted to the general disequilibrium model of income...
Show moreIn this thesis the literature of disequilibrium macroeconomic theory was reviewed and the empirical relevance of the Keynesian interpretation of the labor demand function was examined and contrasted to the disequilibrium interpretation of Barro and Grossman, Patinkin's disequilibrium theory of the labor market and Clower's partial disequilibrium analysis of the commodity market were examined in depth. The bulk of the literature review was devoted to the general disequilibrium model of income and employment determination developed by Barro and Grossman. Barra and Grossman's criticism of Keynes for predicting a negatively sloped labor demand function was analyzed using regression analysis to estimate the function. Barro and Grossman's criticism was found to be based on insufficient evidence, and evidence presented in this thesis supported the Keynesian position.
Show less - Date Issued
- 1977
- PURL
- http://purl.flvc.org/fcla/dt/13882
- Subject Headings
- Microeconomics, Industrial organization (Economic theory)
- Format
- Document (PDF)
- Title
- MONEY AND GROWTH IN THE U.S. ECONOMY, 1929-1966.
- Creator
- TRETIAK, RICHARD V., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
A neoclassical monetary growth model was estimated using U.S. annual data 1929-66. A survey of neoclassical growth theory was presented. The effects and implications of incorporating money into the neoclassical framework were investigated. Solow's monetary neoclassical growth model was simulated with the parameters estimated~ The effects of different growth rates of the nominal money stock, and expected inflation adjustment coefficient on the level of capital intensity and the stability of...
Show moreA neoclassical monetary growth model was estimated using U.S. annual data 1929-66. A survey of neoclassical growth theory was presented. The effects and implications of incorporating money into the neoclassical framework were investigated. Solow's monetary neoclassical growth model was simulated with the parameters estimated~ The effects of different growth rates of the nominal money stock, and expected inflation adjustment coefficient on the level of capital intensity and the stability of the model were compared and analyzed.
Show less - Date Issued
- 1974
- PURL
- http://purl.flvc.org/fcla/dt/13688
- Subject Headings
- United States--Economic conditions--1918-1945, United States--Economic conditions--1945-
- Format
- Document (PDF)
- Title
- AN INPUT-OUTPUT MODEL OF THE FLORIDA GOLD COAST.
- Creator
- ORESKA, JULIUS FRANK., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
An input-output model was applied to 1972 Florida Gold Coast regional data, by reducing the 1967 National Input-Output table using the simple location quotient technique of Schaffer and Chu. Input-Output theory and several location quotient techniques were presented prior to the actual exposition of the Gold Coast model. Examples of applications of the model to problems of the region, such as the impact of tourism and housing developments were presented, along with results of the model, and a...
Show moreAn input-output model was applied to 1972 Florida Gold Coast regional data, by reducing the 1967 National Input-Output table using the simple location quotient technique of Schaffer and Chu. Input-Output theory and several location quotient techniques were presented prior to the actual exposition of the Gold Coast model. Examples of applications of the model to problems of the region, such as the impact of tourism and housing developments were presented, along with results of the model, and a multiplier analysis of the Gold Coast region.
Show less - Date Issued
- 1976
- PURL
- http://purl.flvc.org/fcla/dt/13792
- Subject Headings
- Input-output analysis, Palm Beach County (Fla)--Economic conditions, Broward County (Fla)--Economic conditions, Metropolitan Dade County (Fla)--Economic conditions, Miami-Dade County (Fla)--Economic conditions
- Format
- Document (PDF)
- Title
- INPUT-OUTPUT MODELS OF THE ECONOMIC BASE OF MONROE COUNTY, FLORIDA.
- Creator
- SAVAGE, KIM LENORE., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
A 1979 input-output model was developed for Monroe County regional data, by reducing the 1972 National Input-Output Table using the simple location quotient technique of Shaffer and Chu. A 1979 economic base model was also developed for Monroe County using simple location quotients. Input-output and economic base theory were presented prior to the actual formulation of the regional models. The economic structure of Monroe County, the components of the economic base, and the income multipliers...
Show moreA 1979 input-output model was developed for Monroe County regional data, by reducing the 1972 National Input-Output Table using the simple location quotient technique of Shaffer and Chu. A 1979 economic base model was also developed for Monroe County using simple location quotients. Input-output and economic base theory were presented prior to the actual formulation of the regional models. The economic structure of Monroe County, the components of the economic base, and the income multipliers were presented. An analysis of the economic impact on income in the region by the components of the economic base under alternative models is discussed.
Show less - Date Issued
- 1982
- PURL
- http://purl.flvc.org/fcla/dt/14116
- Subject Headings
- Monroe County (Fla)--Economic conditions
- Format
- Document (PDF)
- Title
- FACTOR ANALYSIS AS A TECHNIQUE FOR ECONOMICS.
- Creator
- ISLEY, PHYLLIS W., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis focuses on factor analysis as a technique. It thus includes a survey of the various factor mode ls, their theory and mathematical development, a survey of its previous use for empirical studies in economics, and empirical tests of sensitivity of alternative factor techniques. From the results of the sensitivity test it was concluded that different factor techniques yield very similar results and that factor techniques are of value for empirical studies in economics.
- Date Issued
- 1974
- PURL
- http://purl.flvc.org/fcla/dt/13650
- Subject Headings
- Factor analysis, Economics, Mathematical
- Format
- Document (PDF)
- Title
- A LINEAR PROGRAMMING ANALYSIS OF A MANUFACTURING FIRM IN A LESS DEVELOPEDCOUNTRY.
- Creator
- GOMPF, JUAN FELIPE., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
The firm studied engages in the manufacture of metal products; the country is Colombia. The most striking characteristics discussed in Chapter one are the following: (a) the chronic shortage of capital in all its forms; (b) the shortage of skilled labor; (c) the small size and low sophistication of most markets. Linear Programming is an efficient scientific management tool, based on sound economic theory. Chapter two is devoted to the exploration of the theoretical background of Linear...
Show moreThe firm studied engages in the manufacture of metal products; the country is Colombia. The most striking characteristics discussed in Chapter one are the following: (a) the chronic shortage of capital in all its forms; (b) the shortage of skilled labor; (c) the small size and low sophistication of most markets. Linear Programming is an efficient scientific management tool, based on sound economic theory. Chapter two is devoted to the exploration of the theoretical background of Linear Programming. Linear Programming is shown to be very useful in analyzing a firm as a system, considering a multitude of elements simultaneously. The model studied in Chapter three yields a wealth of information about adjustments to improve future performance despite being fundamentally a static model. It also provides an extremely useful tool to study the firm's adaptive behavior to environmental changes thus focusing on underdevelopment at the individual firm's level.
Show less - Date Issued
- 1976
- PURL
- http://purl.flvc.org/fcla/dt/13770
- Subject Headings
- Linear programming
- Format
- Document (PDF)
- Title
- AN EMPIRICAL ONE-SECTOR GROWTH MODEL OF THE UNITED STATES ECONOMY, 1929-1966.
- Creator
- JACKSON, GARY LEE., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
A one-sector Neo-Classical growth model of the U.S. economy was estimated by ordinary least squares using annual data. The evolution of growth theory from Harrod's model (1939) through the Solow model (1956) was traced. A Cobb-Douglas production with constant returns to scale and disembodied technical change formed the core of the model. Alternative equilibrium capital-labor ratios were derived using computer simulation for ten different selections of the model's parameters. The "golden age"...
Show moreA one-sector Neo-Classical growth model of the U.S. economy was estimated by ordinary least squares using annual data. The evolution of growth theory from Harrod's model (1939) through the Solow model (1956) was traced. A Cobb-Douglas production with constant returns to scale and disembodied technical change formed the core of the model. Alternative equilibrium capital-labor ratios were derived using computer simulation for ten different selections of the model's parameters. The "golden age" paths were then simulated for a period of two hundred years.
Show less - Date Issued
- 1972
- PURL
- http://purl.flvc.org/fcla/dt/13506
- Subject Headings
- United States--Economic conditions--1918-1945, United States--Economic conditions--1945-
- Format
- Document (PDF)
- Title
- AN EMPIRICAL STUDY OF THE GREEK MANUFACTURING SECTOR.
- Creator
- THEOCHAROUS, ANDREAS S., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This paper uses annual time series, 1959-1975, to estimate fundamental parameters of the production process of the Greek manufacturing sector. The empirical analysis is carried out using the translog production and cost functions. Based on the results of the estimations some characteristics of the Greek manufacturing sector are explained.
- Date Issued
- 1983
- PURL
- http://purl.flvc.org/fcla/dt/14172
- Subject Headings
- Greece--Manufactures, Greece--Industries
- Format
- Document (PDF)
- Title
- AN EMPIRICAL STUDY OF CANADIAN TOURISM IN THE UNITED STATES.
- Creator
- Ar, Burak Mustafa, Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This paper uses annual time series, 1950-1980, to estimate determinants of Canadian tourist expenditures in the United States. Time series analysis is also given for Florida tourism, but it is in small scale. In order to examine Canadian and non-Canadian tourist behavior, results of regression analysis are analyzed.
- Date Issued
- 1984
- PURL
- http://purl.flvc.org/fcla/dt/14198
- Subject Headings
- Tourist trade--United States, Tourist trade--Florida, Travelers--Canada
- Format
- Document (PDF)
- Title
- KALMAN FILTER MODEL.
- Creator
- Agiakloglou, Christos N., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis demonstrates the theory and the application of the Kalman filter model, a model where the coefficients are not assumed to be constant over time but time-varying. This model is approached in two different ways. The first is the recursive approach and the second is the Mixed estimation approach. Both of these two approaches describe in different ways the original Kalman filter model. This thesis also contains an empirical application of the Kalman filter model, using real data from...
Show moreThis thesis demonstrates the theory and the application of the Kalman filter model, a model where the coefficients are not assumed to be constant over time but time-varying. This model is approached in two different ways. The first is the recursive approach and the second is the Mixed estimation approach. Both of these two approaches describe in different ways the original Kalman filter model. This thesis also contains an empirical application of the Kalman filter model, using real data from the Greek economy to estimate the Demand for Money.
Show less - Date Issued
- 1987
- PURL
- http://purl.flvc.org/fcla/dt/14372
- Subject Headings
- Kalman filtering, Estimation theory
- Format
- Document (PDF)
- Title
- STOCHASTIC MODELS OF ECONOMIC INDICATORS.
- Creator
- MONTALI, VINCENT LOUIS, JR., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis is a study of time series modeling methods applied to six economic indicators. The weaknesses of the turning point analysis used by the National Bureau of Economic Research and deterministic models which fail to explain the random component of a series' movement are discussed. Univariate stochastic time series methods are introduced and applied to the economic indicators. The resulting models fit the data much more closely and their residuals are white noise. Bivariate time series...
Show moreThis thesis is a study of time series modeling methods applied to six economic indicators. The weaknesses of the turning point analysis used by the National Bureau of Economic Research and deterministic models which fail to explain the random component of a series' movement are discussed. Univariate stochastic time series methods are introduced and applied to the economic indicators. The resulting models fit the data much more closely and their residuals are white noise. Bivariate time series models are estimated for pairs of economic indicators from similar economic processes to investigate the validity of the lag structures commonly employed on the basis of turning point analysis.
Show less - Date Issued
- 1978
- PURL
- http://purl.flvc.org/fcla/dt/13927
- Subject Headings
- Stochastic analysis, Stochastic integral equations
- Format
- Document (PDF)
- Title
- SHORT-TERM ECONOMIC FORECASTING IN A REGIONAL CONTEXT.
- Creator
- BLONDIN, JAMES J., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
- Abstract/Description
-
This thesis is a study of economic forecasting in a regional context~ Its main concern is the exposition of the models and the feasibility of the techniques, rather than the actual forecast. The study should be of interest to students of forecasting or regional economics, or to planners interested in the region examined. A shift-share model is presented as an alternative to other regional forecasting techniques, and an application of it is performed on a region consisting of Broward and Dade...
Show moreThis thesis is a study of economic forecasting in a regional context~ Its main concern is the exposition of the models and the feasibility of the techniques, rather than the actual forecast. The study should be of interest to students of forecasting or regional economics, or to planners interested in the region examined. A shift-share model is presented as an alternative to other regional forecasting techniques, and an application of it is performed on a region consisting of Broward and Dade Counties, Florida.
Show less - Date Issued
- 1974
- PURL
- http://purl.flvc.org/fcla/dt/13660
- Subject Headings
- Regional economics--Mathematical models, Economic forecasting--Florida--Dade County, Economic forecasting--Florida--Broward County, Shift-share analysis, Metropolitan Dade County (Fla)--Economic conditions, Broward County (Fla)--Economic conditions
- Format
- Document (PDF)