ALBERT

All Library Books, journals and Electronic Records Telegrafenberg

X
feed icon rss

Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
Filter
  • Articles  (166)
  • American Economic Association  (166)
  • 1985-1989  (166)
  • Economics  (166)
Collection
  • Articles  (166)
Source
Publisher
Years
Year
Journal
Topic
  • Economics  (166)
  • 1
    facet.materialart.
    Unknown
    The Political Economy of Trade Policy (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Description: International trade seems to be a subject where the advice of economists is routinely disregarded. Economists are nearly unanimous in their general opposition to protectionism, but the increase in U.S. protection in recent years in such sectors as automobiles, steel, textiles and apparel, machine tools, footwear and semiconductors demonstrates that economists lack political influence on trade policy. Two broad approaches have been developed to analyze the political economics of trade policy and the processes that generate protectionism. One approach emphasizes the economic self-interest of the political participants, while the other stresses the importance of the broad social concerns of voters and public officials. This paper outlines the nature of the two approaches, indicating how they can explain the above anomalies and other trade policy behavior, and concludes with observations about integrating the two frameworks, conducting further research, and making policy based on the analysis.
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
  • 2
    facet.materialart.
    Unknown
    Social Norms and Economic Theory (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Description: One of the most persistent cleavages in the social sciences is the opposition between two lines of thought conveniently associated with Adam Smith and Emile Durkheim, between homo economicus and homo sociologicus. Of these, the former is supposed to be guided by instrumental rationality, while the behavior of the latter is dictated by social norms. In this paper I characterize this contrast more fully, and discuss attempts by economists to reduce normoriented action to some type of optimizing behavior. Social norms, as I understand them here, are emotional and behavioral propensities of individuals. Are norms rationalizations of self-interest? Are norms followed out of self-interest? Do norms exist to promote self-interest? Do norms exist to promote common interests? Do norms exist to promote genetic fitness?
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
  • 3
    facet.materialart.
    Unknown
    Spontaneous Order (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Description: In a fishing village on the Yorkshire coast, there used to be an unwritten rule about the gathering of driftwood after a storm. Whoever was first onto a stretch of the shore after high tide was allowed to take whatever he wished without interference from later arrivals and to gather it into piles above the high-tide line. Provided he placed two stones on the top of each pile, the wood was regarded as his property for him to carry away when he chose. If, however, a pile had not been removed after two more high tides, this ownership right lapsed. My concern is to try to explain how rules regulating human action can evolve without conscious human design and can maintain themselves without there being any formal machinery for enforcing them. I want to be able to say something about the kinds of rules that are likely to evolve and survive. And I want to find how these rules link with rationality and with morality.
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
  • 4
    facet.materialart.
    Unknown
    Implications of the U.S. Current Account Deficit (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Description: In 1988, the United States recorded a deficit of about $135 billion on the current account of its balance of payments with the rest of the world. This paper presents an analytical framework for thinking about the current account deficit, explores causes of the current account deficit, and discusses the United States as a debtor nation and the issue of sustainability.
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
  • 5
    facet.materialart.
    Unknown
    The Reform of Federal Deposit Insurance (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Description: In early 1989, the system of deposit insurance in the United States was in crisis. The Federal Savings and Loan Insurance Corporation (FSLIC), the U.S. government agency that provided deposit insurance for savings and loan (thrift) institutions, had sustained massive losses from the insolvencies of hundreds of thrifts. Tens of billions of dollars of general Treasury revenues will be necessary to make good the losses in the insurance fund, which had previously been financed solely through premiums assessed on thrifts' deposits. The Federal Deposit Insurance Corporation (FDIC), which provides similar insurance for deposits in commercial banks, has sustained much smaller losses but is considered to be in poor enough financial condition that its premium assessments will increase substantially. This article will review the current system of deposit insurance and advocate a set of necessary reforms.
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
  • 6
    facet.materialart.
    Unknown
    Seniority, Wages and Productivity: A Turbulent Decade (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Description: Why does a worker's wage tend to grow with seniority in the firm, and what does this have to do with productivity? Two decades ago, neoclassical labor economists thought that the theory of human capital provided a good answer to this question. The last decade has, however, been one of puzzles and doubt. At this point few would give an unambiguous answer. This paper provides a tour of key points in the ongoing debate over the relationship between seniority, wages, and productivity.
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
  • 7
    facet.materialart.
    Unknown
    Notes (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
  • 8
    facet.materialart.
    Unknown
    On the Demise of the Long Run (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Description: John Maynard Keynes observed that, “In the long run we are all dead,” but in terms of economic analysis, the long run also may be dead. The culprit is new technology that is wiping out many of the distinctions between the long and short run. As pointed out by Alfred Marshall a century ago, the amount of time needed to adjust to changed circumstances has been what distinguished the two runs. New technology—computer-aided design (CAD) and computer-aided manufacturing (CAM)—is likely to telescope the long run into the short run, and possibly even into the immediate market period. The key to the new technology, of course, is that it can be reprogrammed to perform a different operation, and this versatility of the new “programmable” automation distinguishes it from the old “hard” automation, in which a machine could perform only a single function.
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
  • 9
    facet.materialart.
    Unknown
    Research on the Economics Profession (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Description: In this article, I survey some recent contributions to research on the profession, both to bring nonspecialists up to date on what is being done and to inform specialists of other researchers who are doing similar work. The economics profession is interesting to economists for a number of interrelated reasons: 1) For prurient and professional interest: It is fun to know about oneself and one's profession. 2) As a case study: If economic theory is correct, it should apply to the economics profession. Since economists have firsthand knowledge of the economics profession and relatively easy access to data, it makes an excellent case study. 3) Because one has an interest in the sociology of knowledge: Recent developments in methodology and philosophy of science have made a knowledge of the scientists an important aspect of a knowledge of science; they are the lens through which science is interpreted. Understanding the tendency of scientists to aim that lens in particular directions and to distort the reality they are studying is necessary if one is to interpret their analyses correctly. These three reasons are interrelated, of course, and knowledge for one reason is often useful for others. But the division provides a useful way of organizing research about the profession.
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
  • 10
    facet.materialart.
    Unknown
    Retrospectives: Adam Smith's Invisible Hands (1989)
    American Economic Association
    Details
    Publication Date: 1989-11-01
    Description: After more than two centuries, Adam Smith's famous simile comparing the market system to an invisible hand continues to convey the essential message of Anglo-American political economy. In fact, Smith's buoyant optimism in the efficacy of his system of “natural liberty” has a quite modern ring in this age of deregulation, free trade, and perestroika. For many, the seductive idea of the invisible hand has mutated from analysis to mythology. Given the almost transubstantial view of the invisible hand that sometimes prevails, it may come as something of a shock to discover that Adam Smith required a few awkward and historically specific assumptions to make his argument. Apparently, invisible hand stories have never been all that easy to describe, as a perusal of Smith's original text demonstrates.
    Print ISSN: 0895-3309
    Electronic ISSN: 1944-7965
    Topics: Economics
    Published by American Economic Association
    Location Call Number Expected Availability
    BibTip Others were also interested in ...
    PAPER CURRENT
Close ⊗
This website uses cookies and the analysis tool Matomo. More information can be found here...