The Wind River Litigation: Effects of the Wyoming Supreme Court’s Decision on the Wind River Reservation’s Water Use and Implications for Other Reservations’ Water Rights

11 pages

The Wind River Litigation: Effects of the Wyoming Supreme Court’s Decision on the Wind River Reservation’s Water Use and Implications for Other Reservations’ Water Rights

11 pages

International capital mobility in an era of globalisation: adding a political dimension to the 'Feldstein–Horioka Puzzle'

The debate about the scope of feasible policy-making in an era of globalisation continues to be set within the context of an assumption that national capital markets are now perfectly integrated at the international level. However, the empirical evidence on international capital mobility contradicts such an assumption. As a consequence, a significant puzzle remains. Why is it, in a world in which the observed pattern of capital flows is indicative of a far from globalised reality, that public policy continues to be constructed in line with more extreme variants of the globalisation hypothesis? I attempt to solve this puzzle by arguing that ideas about global capital market integration have an independent causal impact on political outcomes which extends beyond that which can be attributed to the extent of their actual integration

And the first shall be the last

This study analyzes the puzzle of Hungarian economic drifting in a long run perspective. The underlying puzzle for the investigation is why bad policies are invariably popular and good policies unpopular, thus why political and economic rationality never overlap. The first part of the article summarizes in eight points the basic features of the postwar period. Then six lessons are offered, which might be useful for other countries in transition or for students of comparative economics and politics, lessons that can be generalized on the basis of the individual country experience

AntArr – Etna Low Frequency Antenna Array

AbstractA project called AntArr as a new application of the DBBC3 (Digital Base Band Converter, 3rd generation) is under development. A group of antennas operating at low frequency, in the range from 10 MHz up to 1500 MHz, are phased up for VLBI, pulsar and more recently for FRB observations. Part of the scientific programme is also dedicated to SETI activities in piggy-back mode. Dedicated elements can even be added to reach still lower frequencies to observe the range down to kHz frequencies. The DBBC3 manages the array operations in a selected portion of the band and the main characteristic is to synthesize a beam with an innovative approach. The final product of the array is a single station standard VLBI data stream for correlation with other antennas, or a synthesized beam for single dish observations. A number of antennas and array prototypes are under test at a location on the Etna volcano slope, with the aim to form a complete radio telescope of up to 1024 elements in 2020 and beyond. This project completes the lower part of the frequency spectrum covered in VLBI by the BRAND EVN project. The project AntArr is hosted and financed by HAT-Lab Ltd., which is the manufacturer of the DBBC family backends

Organizational Evaluation and Authority

The authors describe four kinds of authority rights (legitimate attempts to control others) and analyze organizational authority systems in terms of the process by which participants’ performances are evaluated. They present theoretical ideas including a prediction that certain incompatible authority systems can block participants' ability to attain satisfactory evaluations. That problem, in turn, causes instability of the organizational system

Economic liberalization and the antecedents of top management teams: evidence from Turkish 'big' business

There has been an increased interest in the last two decades in top management teams (TMTs) of business firms. Much of the research, however, has been US-based and concerned primarily with TMT effects on organizational outcomes. The present study aims to expand this literature by examining the antecedents of top team composition in the context of macro-level economic change in a late-industrializing country. The post-1980 trade and market reforms in Turkey provided the empirical setting. Drawing upon the literatures on TMT and chief executive characteristics together with punctuated equilibrium models of change and institutional theory, the article develops the argument that which firm-level factors affect which attributes of TMT formations varies across the early and late stages of economic liberalization. Results of the empirical investigation of 71 of the largest industrial firms in Turkey broadly supported the hypotheses derived from this premise. In the early stages of economic liberalization the average age and average organizational tenure of TMTs were related to the export orientation of firms, whereas in later stages, firm performance became a major predictor of these team attributes. Educational background characteristics of teams appeared to be under stronger institutional pressures, altering in different ways in the face of macro-level change

PRIVATE SAVINGS IN TRANSITION ECONOMIES: ARE THERE TERMS OF TRADE SHOCKS?

The paper examines the impact of terms of trade shocks on private savings in the transition economies after accounting for the effect of other determinants. Economic agents in the transition economies are subject to tight credit constraints which are more pronounced during bad state of nature. Thus, adverse shocks to commodity prices in the world market can force them to reduce savings by a larger amount than they would otherwise have. Empirical analysis using a dynamic panel model and data from twenty one transition economies confirm that most of the determinants of savings identified in the literature also apply to the transition economies. Favorable movements in both the permanent and transitory components of the terms of trade have a significant positive impact on private savings with transitory movements having a larger impact than the permanent component. This reflects the lack of access to foreign borrowing that many of the transition economies have faced during the last decade. Although the impact of terms of trade shocks are found to be asymmetric, the magnitude of the impact appears to be small. The results are robust for alternative estimators, determinants, and country groupings.http://deepblue.lib.umich.edu/bitstream/2027.42/39958/3/wp572.pd