Current Search: Economics (x)
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Title
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DISTRIBUTED LAG MODELS.
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Creator
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KEMMSIES, WALTER HAMILTON., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
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Abstract/Description
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This thesis presents various formulations of finite distributed lag models. The objective is to demonstrate how prior restrictions may be imposed on econometric models in order to estimate the lag distributions. Four formulations are thus reviewed, namely, the arithmetic lag model, the inverted-V lag model, the Almon polynomial, and the cubic spline lag model. For the latter formulations, the interpolation methods are reviewed. In addition, four models of consumption are estimated under the...
Show moreThis thesis presents various formulations of finite distributed lag models. The objective is to demonstrate how prior restrictions may be imposed on econometric models in order to estimate the lag distributions. Four formulations are thus reviewed, namely, the arithmetic lag model, the inverted-V lag model, the Almon polynomial, and the cubic spline lag model. For the latter formulations, the interpolation methods are reviewed. In addition, four models of consumption are estimated under the various lag models, for different lag lengths and orders of polynomials, in order to demonstrate the properties of each formulation. In the discussion of the results, certain inferences are made about the consumption functions.
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Date Issued
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1983
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PURL
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http://purl.flvc.org/fcla/dt/14171
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Subject Headings
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Distributed lags (Economics)
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Format
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Document (PDF)
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Title
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THE ECONOMIC DEVELOPMENT OF SOUTH FLORIDA.
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Creator
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JUSTEN, MICHAEL E., Florida Atlantic University, Scheidell, John M., College of Business, Department of Economics
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Abstract/Description
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The objective of this thesis is to determine the extent to which the growth patterns of South Florida can be described in terms of the stages-of-growth and center- periphery growth hypotheses. To this end a survey of the relevant economic literature is provided , along with a demographic and economic history of South Florida and Florida. Also a brief economic history of the United States, Italy and South Italy is given as an example of the growth hypothesis.
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Date Issued
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1972
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PURL
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http://purl.flvc.org/fcla/dt/13534
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Subject Headings
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Florida--Economic conditions
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Format
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Document (PDF)
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Title
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Human capital and endogenous growth.
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Creator
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Stewart, John Richard., Florida Atlantic University, Yuhn, Ky-hyang
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Abstract/Description
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Using both exogenous and endogenous theory, this paper develops a synthesized model treating human capital as an endogenous contributor to long run economic growth. Human capital is assumed to be the basis of such growth, therefore, the focus is not on technological change per se. Through empirical analysis, human capital is measured by knowledge, and that the accumulation of knowledge, or specialization, is determined through an incentive system. The incentive system, in turn, is determined...
Show moreUsing both exogenous and endogenous theory, this paper develops a synthesized model treating human capital as an endogenous contributor to long run economic growth. Human capital is assumed to be the basis of such growth, therefore, the focus is not on technological change per se. Through empirical analysis, human capital is measured by knowledge, and that the accumulation of knowledge, or specialization, is determined through an incentive system. The incentive system, in turn, is determined by the difference in wages paid to certain types of knowledge, those being a general level and a specialized level of knowledge. It is assumed that the learning process can take place at any time, therefore, the specialization process is not limited to an academic environment. A spillover effect associated with specialized knowledge provides for increasing returns to scale in the model, which is also supported by empirical data.
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Date Issued
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1999
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PURL
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http://purl.flvc.org/fcla/dt/15659
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Subject Headings
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Human capital, Economic development
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Format
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Document (PDF)
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Title
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Privatization: A process of economic transformation in modern economies.
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Creator
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Arbey, Bulent Mehmet., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
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Abstract/Description
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In recent years it is widely believed that an increase in economic activity determined by market forces, contributes to higher productivity, faster economic growth, and lower budget deficits. Developing countries, in particular, are attempting to increase the share of the private sector in their economies in order to accelerate the process of development. This thesis describes the concept of privatization and alternative models of the privatization process. A cross-section of forty-nine...
Show moreIn recent years it is widely believed that an increase in economic activity determined by market forces, contributes to higher productivity, faster economic growth, and lower budget deficits. Developing countries, in particular, are attempting to increase the share of the private sector in their economies in order to accelerate the process of development. This thesis describes the concept of privatization and alternative models of the privatization process. A cross-section of forty-nine countries is utilized to empirically assess the impact of privatization on economic growth.
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Date Issued
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1993
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PURL
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http://purl.flvc.org/fcla/dt/14942
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Subject Headings
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Privatization, Economic development
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Format
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Document (PDF)
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Title
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An empirical analysis of consumption behavior for selected European economies.
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Creator
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Lyroudi, Katerina., Florida Atlantic University, Manage, Neela D., College of Business, Department of Economics
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Abstract/Description
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This thesis first outlines the main theoretical approaches to the consumption function, such as the Absolute Income Hypothesis, the Relative Income Hypothesis, the Life-Cycle Hypothesis and the Permanent Income Hypothesis. Furthermore, it highlights the importance of expectations for consumption behavior and presents an econometric specification of the consumption function, utilizing the adaptive and rational expectations formation mechanisms. Important empirical issues regarding the...
Show moreThis thesis first outlines the main theoretical approaches to the consumption function, such as the Absolute Income Hypothesis, the Relative Income Hypothesis, the Life-Cycle Hypothesis and the Permanent Income Hypothesis. Furthermore, it highlights the importance of expectations for consumption behavior and presents an econometric specification of the consumption function, utilizing the adaptive and rational expectations formation mechanisms. Important empirical issues regarding the inclusion of other determinants of consumption are also discussed. Finally, an econometric analysis of consumption for Greece, Germany, France, Italy and the United Kingdom is presented.
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Date Issued
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1988
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PURL
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http://purl.flvc.org/fcla/dt/14444
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Subject Headings
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Consumption (Economics)--Europe
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Format
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Document (PDF)
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Title
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FACTOR ANALYSIS AS A TECHNIQUE FOR ECONOMICS.
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Creator
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ISLEY, PHYLLIS W., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
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Abstract/Description
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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.
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Date Issued
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1974
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PURL
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http://purl.flvc.org/fcla/dt/13650
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Subject Headings
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Factor analysis, Economics, Mathematical
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Format
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Document (PDF)
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Title
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DENTAL PRODUCTIVITY POTENTIAL IN FLORIDA.
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Creator
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EFSTATHIOU, PANOS E., Florida Atlantic University, Scheidell, John M., College of Business, Department of Economics
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Abstract/Description
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This thesis contains an investigation of the potential for increasing dental productivity in Florida. This investigation of the Florida dental care industry is conducted from a micro-economic-theoretical perspective. It is performed under a methodological framework that incorporates the estimation of a dental production function for Florida using data on general practices from the ADA 1977 Survey of Dental Practice and employing the transcendental logarithmic production function. As a...
Show moreThis thesis contains an investigation of the potential for increasing dental productivity in Florida. This investigation of the Florida dental care industry is conducted from a micro-economic-theoretical perspective. It is performed under a methodological framework that incorporates the estimation of a dental production function for Florida using data on general practices from the ADA 1977 Survey of Dental Practice and employing the transcendental logarithmic production function. As a complement to this estimation a survey of the relevant literature and an examination of the general characteristics of Florida dental practices are presented. The general implication is that the productivity of Florida practices could be increased and associated delivery costs could be reduced by expanding the market for dental services, adding more staff, and increasing the number of dentists per practice, as well as by a more efficient use of dental personnel including auxiliaries with expanded functions.
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Date Issued
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1982
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PURL
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http://purl.flvc.org/fcla/dt/14107
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Subject Headings
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Dental economics--Florida
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Format
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Document (PDF)
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Title
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A SPECTRAL ANALYSIS OF MONEY, INCOME AND EXPENDITURE.
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Creator
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BENNETT, MARIE ELAINE., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
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Abstract/Description
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This thesis tests whether a simple income-expenditure model is a better predictor of induced expenditure and thus income than a simple quantity theory model. A spectral analysis was performed using alternative definitions of money, income and expenditure. From the results of cross spectral analysis, it was concluded that the money supply is the better predictor of short run (8 months - 3 years) fluctuations in consumption and thus in income.
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Date Issued
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1973
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PURL
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http://purl.flvc.org/fcla/dt/13570
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Subject Headings
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Income, Consumption (Economics), Econometrics
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Format
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Document (PDF)
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Title
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EVALUATING THE MARKET PERCEPTION OF PROOF OF WORK AND PROOF OF STAKE PROTOCOLS: A DIFFERENCE-IN-DIFFERENCE ANALYSIS.
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Creator
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Mirsky, Nicolas Aaron, Luther, William, Florida Atlantic University, Department of Economics, College of Business
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Abstract/Description
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I assessed the impact of the Merge in Ethereum by analyzing the change in its market capitalization following the event. This study can provide insights into market preferences for proof-of-work versus proof-of-stake protocols. A difference-in-difference analysis was conducted, using Ethereum Classic as the control group and Ethereum as the treatment group to estimate the local average treatment effect following the Merge as the intervention. As a robustness check, the analysis was repeated...
Show moreI assessed the impact of the Merge in Ethereum by analyzing the change in its market capitalization following the event. This study can provide insights into market preferences for proof-of-work versus proof-of-stake protocols. A difference-in-difference analysis was conducted, using Ethereum Classic as the control group and Ethereum as the treatment group to estimate the local average treatment effect following the Merge as the intervention. As a robustness check, the analysis was repeated using the Top 100 cryptocurrencies as the control group. I find no evidence that the Merge improved the market capitalization of Ethereum relative to Ethereum Classic or the Top 100 cryptocurrencies.
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Date Issued
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2024
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PURL
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http://purl.flvc.org/fau/fd/FA00014447
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Subject Headings
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Ethereum, Blockchains (Databases), Economics
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Format
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Document (PDF)
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Title
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Germany's economic conquest of Czechoslovakia.
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Creator
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Basch, Antonín
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Date Issued
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1941
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PURL
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http://purl.flvc.org/FCLA/DT/3143790
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Subject Headings
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Germans -- Czechoslovakia., Germany -- Economic policy., Czechoslovakia -- Economic conditions.
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Format
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Document (PDF)
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Title
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An analysis of voluntary annual report disclosures of outsourcing: determinants and firm performance.
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Creator
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Premuroso, Ronald F., Florida Atlantic University, College of Business, School of Accounting
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Abstract/Description
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Outsourcing has become a significant factor in the U.S. economy over the past two decades. Annual report disclosures made by a firm related to outsourcing are voluntary disclosures. Understanding the determinants and firm performance implications of initial outsourcing annual report disclosures is important to capital market providers, standards developers, and to the firms themselves. I identify and study firms making initial voluntary disclosures of outsourcing in their annual reports on...
Show moreOutsourcing has become a significant factor in the U.S. economy over the past two decades. Annual report disclosures made by a firm related to outsourcing are voluntary disclosures. Understanding the determinants and firm performance implications of initial outsourcing annual report disclosures is important to capital market providers, standards developers, and to the firms themselves. I identify and study firms making initial voluntary disclosures of outsourcing in their annual reports on Form 10-K between 1993 and 2003 after they make non-annual report related public disclosures. Specifically, I investigate if determinants of the initial annual report disclosure decision and subsequent performance are associated with the initial disclosure. This study contends managers disclose information related to outsourcing in their annual reports to reduce information asymmetry and to minimize agency costs. I hypothesize and develop a firm-related variable commonly used in agency theory to test this assertion. Signaling theory and voluntary disclosure theory also explain the determinants for firm voluntary outsourcing annual report disclosures. I develop several hypotheses defining determinants potentially associated with the likelihood of initial annual report outsourcing disclosure decisions, and test these determinants using a conditional logistic regression model and a matched-pair group of firms making public outsourcing disclosures but not making annual report disclosure. Using signaling theory, I also develop hypotheses testing if the initial outsourcing annual report disclosure sends a signal regarding future firm performance--specifically testing firm performance measures related to profitability and cash flow. I test these hypotheses using OLS models and the same matched-pair group of firms. I find firms with high levels of debt, high total cost ratios, and high returns on assets are more likely to make initial annual report outsourcing disclosure., I also find firms may signal improvements in future levels of profitability when making the initial annual report outsourcing disclosure.
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Date Issued
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2008
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PURL
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http://purl.flvc.org/FAU/77650
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Subject Headings
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Offshore outsourcing, Contracting out, Economic aspects, Managerial economics, Organizational effectiveness
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Format
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Document (PDF)
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Title
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FACILITATING THE EMERGENCE OF AN EXPORT BASE IN EXISTING COMMUNITIES.
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Creator
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SKULMIS, VILIS H., Florida Atlantic University, Nicholas, James C., College of Business, Department of Economics
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Abstract/Description
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The development of a theory for facilitating the emergence of an export base in existing communities. Through examination of various challenge response mechanisms that operate on an existing community during the emergence of a new export base, with the inclusion of other factors that influence the recovery from stagnation which preceeds recovery, a theoretical construct is developed to give insight us to how lags between stagnation and recovery can be shortened. An application of the...
Show moreThe development of a theory for facilitating the emergence of an export base in existing communities. Through examination of various challenge response mechanisms that operate on an existing community during the emergence of a new export base, with the inclusion of other factors that influence the recovery from stagnation which preceeds recovery, a theoretical construct is developed to give insight us to how lags between stagnation and recovery can be shortened. An application of the development is included at the end of each chapter to the City of Miami Beach, Florida.
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Date Issued
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1976
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PURL
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http://purl.flvc.org/fcla/dt/13793
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Subject Headings
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Urban economics, Miami Beach (Fla)--Economic conditions
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Format
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Document (PDF)
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Title
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LOCATION ANALYSIS AND ITS APPLICATION.
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Creator
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CAGATAY, TANER., Florida Atlantic University, Hung, Chao-shun, College of Business, Department of Economics
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Abstract/Description
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This thesis discusses the locational theories and their implications and applications on the Turkish Consulate. Chapters I and II analyzes the theories of Von Thunen, Jsard, and Hoover. Chapter III discuses Weber's theories and an application on the Turkish Consulate. Chapter IV summarizes the conclusions.
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Date Issued
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1985
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PURL
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http://purl.flvc.org/fcla/dt/14261
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Subject Headings
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Economics--Mathematical models, Turkey--Economic conditions
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Format
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Document (PDF)
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Title
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AUTOMATIC STABILIZERS DURING STAGFLATION.
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Creator
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MCINTIRE, RICHARD MICHAEL., Florida Atlantic University, Redman, Milton, College of Business, Department of Economics
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Abstract/Description
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This thesis explored the impact of inflation upon fiscal automatic stabilizers during the 1973-75 recession. Our study confined itself to the three main devices purported to stabilize the U.S. economy automatically: (1) federal personal income tax liability, (2) corporate profits tax liability, and (3) unemployment compensation benefits. A recursive model, similar to that used by Dusenberry, Eckstein, and Fromm to study fiscal automatic stabilizers in the 1957-58 recession, was constructed....
Show moreThis thesis explored the impact of inflation upon fiscal automatic stabilizers during the 1973-75 recession. Our study confined itself to the three main devices purported to stabilize the U.S. economy automatically: (1) federal personal income tax liability, (2) corporate profits tax liability, and (3) unemployment compensation benefits. A recursive model, similar to that used by Dusenberry, Eckstein, and Fromm to study fiscal automatic stabilizers in the 1957-58 recession, was constructed. Our simulation results led us to conclude that there was a substantial reduction in output and employment due to the impact of inflation upon federal personal income tax liability in the 1973-75 recession. We reached a tentative conclusion that the effects of inflation upon output and employment via corporate profits tax liability were negligible. Finally, we concluded that the effects of inflation upon output and employment via unemployment compensation benefits paid were negligible in the recent stagflation.
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Date Issued
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1978
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PURL
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http://purl.flvc.org/fcla/dt/13919
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Subject Headings
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Economics, Mathematical, United States--Economic conditions--Mathematical models
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Format
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Document (PDF)
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Title
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A partial behavioral model for macroeconomic expansion.
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Creator
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Knickerbocker, H. E., Florida Atlantic University, Rhodd, Rupert, College of Business, Department of Economics
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Abstract/Description
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This thesis presents a theoretical behavioral model that deals with the expansionary phase of the business cycle. Its purpose was to provide a plausible explanation for growth out of recession. In this model, expansionary output is directly related to investment, saving, and the expected returns to capital. Moreover, it is assumed that capital formation is inversely related to the interest rate, which serves as the independent variable with respect to investment, production, saving, and...
Show moreThis thesis presents a theoretical behavioral model that deals with the expansionary phase of the business cycle. Its purpose was to provide a plausible explanation for growth out of recession. In this model, expansionary output is directly related to investment, saving, and the expected returns to capital. Moreover, it is assumed that capital formation is inversely related to the interest rate, which serves as the independent variable with respect to investment, production, saving, and expected returns. In addition, the basic model is linked to the combined influence of fiscal and monetary policy through the use of a coefficient. This coefficient can alter the fundamental dynamic of the growth path. Finally, the four basic non-linear curves that compose the behavioral model are compared to curves suggested by scatter diagrams. In conclusion, there seems to be some conformity of statistical reality to the non-linear relationships described by the behavioral model, as well as general agreement with a large body of existent theory.
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Date Issued
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1995
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PURL
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http://purl.flvc.org/fcla/dt/15164
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Subject Headings
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Business cycles, Economic forecasting, Macroeconomics, Business forecasting, Economic development
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Format
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Document (PDF)
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Title
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Socialism for the Middle Class.
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Creator
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Smart, H. Russell
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Date Issued
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1909
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PURL
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http://purl.flvc.org/FCLA/DT/3170985
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Subject Headings
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Socialism., United Kingdom., Economic Conditions.
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Format
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Document (PDF)
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Title
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Labor's good neighbor policy.
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Creator
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Murray, Philip, Lombardo Toledano, Vicente
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Date Issued
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1940
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PURL
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http://purl.flvc.org/FCLA/DT/3358352
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Subject Headings
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United States -- Foreign economic relations.
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Format
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Document (PDF)
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Title
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The British farmer's battle--and victory.
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Creator
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Great Britain. Ministry of Information
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Date Issued
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1944
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PURL
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http://purl.flvc.org/FCLA/DT/3358529
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Subject Headings
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Agriculture -- Economic aspects -- Great Britain.
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Format
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Document (PDF)
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Title
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HABIT, EMULATION, AND SURVIVAL IN THE SUPERMARKET.
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Creator
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Brundage, Brendan, Boudreaux, Christopher, Florida Atlantic University, Department of Economics, College of Business
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Abstract/Description
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Substantivism helps us appreciate two views on the meaning of the economy: the institutional view and the neoclassical view. This study analyzes the behaviors of producers and consumers in the supermarket industry and finds that the neoclassical school lacks a realistic behavioral theory. We observe that institutional behavioral theory is closer to reality because it recognizes that consumers are affected by their social environment through habit and emulation, and producers are survival...
Show moreSubstantivism helps us appreciate two views on the meaning of the economy: the institutional view and the neoclassical view. This study analyzes the behaviors of producers and consumers in the supermarket industry and finds that the neoclassical school lacks a realistic behavioral theory. We observe that institutional behavioral theory is closer to reality because it recognizes that consumers are affected by their social environment through habit and emulation, and producers are survival maximizers. These social obstacles prevent humans from acting like homoeconomicus. We focus only on the supermarket industry, but this conclusion can be applied to all industries.
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Date Issued
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2020
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PURL
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http://purl.flvc.org/fau/fd/FA00013536
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Subject Headings
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Economics, Supermarkets, Consumer behavior, Economy
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Format
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Document (PDF)
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Title
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Consumer evaluations of multiple price changes over time versus a single dollar equivalent price change.
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Creator
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Tewari, Jitendra Kumar, Florida Atlantic University, Georgoff, David M.
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Abstract/Description
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In many markets sellers have to make decisions on the rate of price change for a product. Prices can be increased or decreased by making a single large change, or as by making multiple smaller changes over time, leading to the same final price. The concern of sellers is the consumer response, in terms of the product's demand. With the exception of deliberate demarketing, sellers seek to minimize demand decreases in response to price increases, and maximize the positive impact in terms of...
Show moreIn many markets sellers have to make decisions on the rate of price change for a product. Prices can be increased or decreased by making a single large change, or as by making multiple smaller changes over time, leading to the same final price. The concern of sellers is the consumer response, in terms of the product's demand. With the exception of deliberate demarketing, sellers seek to minimize demand decreases in response to price increases, and maximize the positive impact in terms of increased purchases, when prices are decreased. Price changes can be made in a short period, or over a more extended duration. In some buying contexts the market may be characterized by highly fluctuating prices that create price uncertainty in the minds of the consumer. Further, consumers give varying levels of importance or weight to their past purchase experience when they make purchase decisions. This research develops theory and examines hypotheses to examine the effectiveness of single versus multiple price change strategies over time, in different contexts, using a prospect theory and reference price framework. The study finds (1) The greater the number of purchase occasions between successive price changes, the lesser is the impact on demand of a strategy of multiple price changes. (2) In situations of high price uncertainty strategies of multiple price increases lead to smaller demand decreases, and strategies of multiple price increases lead to higher demand increases, when compared to price certain situations. (3) The importance or weight assigned by consumers to the last purchase experience does not appear to significantly impact the outcomes of intertemporal price strategies. (4) The impact of price decreases appears to be more than that of price increases, in the two contexts of uncertainty, and a greater weight being assigned to the last purchase occasion. In previous research prospect theory has been used primarily in a static framework, and the prospect theory approach has used reference prices to analyze the impact of price changes in product bundling situations. This research extends the prospect theory and reference price framework to price change strategies over time, where reference prices vary and adapt.
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Date Issued
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2001
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PURL
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http://purl.flvc.org/fcla/dt/11950
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Subject Headings
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Prices, Consumption (Economics), Consumer Behavior
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Format
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Document (PDF)
Pages