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Papers On Economics And Economic Theory
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IS Schedule and Changing Economic Stability
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This 5 page paper provides an overview of two distinctly separate questions, one which outlines the view of the introduction of communication technology (information systems) and the implications through the view of a decision tree, and the second relates the link between aggregate supply and aggregate demand as they shape a view of economic shifts, employment and wages. Bibliography lists 3 sources.
Filename: MHISWage.rtf

Is the Stolper-Samuelson Theorem Still Operational?
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A 7 page paper discussing unexpected wage movements in international trade. International trade theory says that as international trade increases, the wages of the unskilled labor of developing countries will rise, and to the detriment of the wages of skilled labor in rich countries. Not only has this not been the case in many instances, there are developing nations in which the pattern also has not held. The purpose here is to discuss the applicability of the Stolper-Samuelson Theorem to determine its continued usefulness. Bibliography lists 4 sources.
Filename: KSeconStolpSam.rtf

Is there link Between Book Values and Share Prices?
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This 45 page paper looks at share prices to examine book value of equity, book value per share, market price of the stock and their interdependency. This is assessed with the examination of various models which consider these factors either directly or indirectly, including Edwards-Bell-Ohlson Models (EBO), Dividend Discount Model (DDM), Capital Asset Pricing Model (CAPM), Efficient Market Hypothesis (RMH) and also the system used by Warren Buffett. The bibliography cites 22 sources.
Filename: TEsharebook.rtf

Issues in Microeconomics: Health Care Costs and US Tax Structure
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A 5 page paper discussing two issues in microeconomics: Medicare affecting the incentives to consume medical services and the structure of US income tax system. Medicare controls all of US health care by virtue of its automatic price increases and control over care providers’ ability to deviate from the Medicare price structure. Insurance companies follow Medicare’s lead. Discussion of the US tax system focuses on the Laffer curve and its expression in “Reaganomics.” Bibliography lists 3 sources.
Filename: KSeconMicTaxMed.rtf

Japan and Germany and the Impact of Globalization on Industrial Relations
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This 12 page paper examines these two countries after looking at literature related to globalization and industrial relations. Separate sections on Japan and Germany examine these two nations specifically. A review of literature regarding globalization and industrial relations is included. Bibliography lists 10 sources.
Filename: SA452glo.rtf

JAPANESE EMPLOYMENT AND ECONOMIC GROWTH
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This paper examines the Japanese Employment System that was formed in the aftermath of World War II and its impact on the current Japanese economy. The essay examines the history of this system and how it is changing in response to the current recession in Japan. Bibliography lists 8 sources.
Filename: MTjapeco.rft

Jeffrey Madrick's 'The End of Affluence / The Causes and Consequences of America's Economic Dilemma'
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This 5 page report discusses the 1995 book written by economic reporter and financial editor Jeffrey Madrick. Bibliography lists one source.
Filename: Jmadrick.wps

Job Competition Model & Generating Inequality :
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A 12 page paper. More than 20 years ago, Lester Thurow attempted to investigate the distribution of income as it compared to education. His work resulted in his proposition of the Job Competition Model and the Wage Competition Model. This paper explains these models by discussing research conducted by contemporary investigators. One set of researchers used Thurow's work to explain the number of college graduates who are holding jobs not commensurate with their education. Through the studies discussed, the models proposed by Thurow are explained. Bibliography lists 7 sources.
Filename: PGjobcom.rtf

Job Opportunity verses Government Aid: Hypothetical Approaches for Improving the Economic Status of Female Heads of Household
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A 2 page analysis of two hypothetical approaches to improving the economic status of low income women and their dependents. Contrasts the benefits and disadvantages of one program providing higher levels of earned income credit and another which provides jobs and equitable wages for a predetermined period. Concludes that he second approach rewards a woman for working but at the same time there is a more immediate cap put on the time that she can benefit from such a program. The woman's work incentive, therefore, is not in the form of government subsidies but in the form of the realization that after three years she will be on her own to provide for the needs of her family. While it may seem like a harsher program in many ways, it is superior to the first in that the taxpayer is not left in the position of indefinitely having to support the families of others. No sources are listed.
Filename: PPecWelf.wps

JOHN KENNETH GALBRAITH AND ECONOMIC FORCES
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This 5-page paper focuses on some of the philosophies of economist John Kenneth Galbraith, including the ideas that government, technology and labor movements have an impact on a capitalistic microeconomy. Bibliography lists 5 sources.
Filename: MTjkgalb.rtf

JOHN KERRY, ECONOMIC PLANS AND ANALYSIS
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This 5-page paper focuses on Democratic presidential nominee John Kerry, his economic plan, and how it would impact financial markets (and the economy) if implemented. Bibliography lists 5 sources.
Filename: MTkereco.rtf

John Maynard Keynes
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This 3 page paper explores the life and theories of John Maynard Keynes as portrayed in Heilbroner's book, The Worldly Philosophers. No additional sources are listed.
Filename: KTkeynes.wps


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