Rapid discharges in a model Veterans Hospital

Thesis (M.S.)--Boston Universit

An Ontario Libraries' Network, or Cooperative Entanglement

While I accepted the invitation to discuss the College Bibliocentre at this Clinic, I cannot say that I did so with equanimity. Quite apart from many organizational difficulties, the systems both in operation and in varying stages of development at the College Bibliocentre, have evolved from practical emersion without the benefit of the finite planning or initial test and research proce- dures from grant aids that many others have experienced. This is why I adopted the latter part of my title for this paper. I was asked particularly to discuss the techniques we are using to acquire the necessary input to the various systems. However, if I was asked to underline what I considered to be the major problems facing the development of a central technical service unit, the technicalities of how to input would be the least concern. The major problems are those beyond the technological requirements how to achieve the degree of coordination required and, in particular, how to overcome the financial hazards which face such an organiza- tion.published or submitted for publicatio

What Has Happened to Wages in Mexico since NAFTA?

In this paper, I examine the impacts of trade and investment liberalization on the wage structure of Mexico. Part one of the paper surveys recent literature on the labor-market consequences of Mexico's economic reforms in the 1980?s. Mexico's policy reforms appear to have raised the demand for skill in the country, reduced rents in industries that prior to reform paid their workers high wages, and raised the premium paid to workers in states along the U.S. border. These changes have resulted in an increase in wage dispersion in the country. Part two of the paper examines changes in Mexico's wage structure during the 1990's. In the last decade, Mexico has experienced rising returns to skill, which mirror closely wage movements in the United States. There is, however, little evidence of wage convergence between the two countries. Regional wage differentials in Mexico have widened and appear to be explained largely by variation in regional access to foreign trade and investment and in regional opportunities for migration to the United States. I discuss implications of Mexico's experience for the rest of Latin America in the event a Free Trade Agreement of the Americas is enacted.

Taxation of Investment and Savings in a World Economy: The Certainty Case

This paper explores the characteristics of individual portfolio holdings in a world economy with a unified securities market where there are many countries, each with its own tax rates and inflation rate. When nominal interest is taxable but income to equity owners is tax exempt in all countries, I show that the highest tax bracket investors specialize in equity and, among the remaining investors, those with lower tax rates buy bonds of countries with higher inflation rates. Because of the tax system, countries with a higher inflation rate must pay a higher real interest rate on their debt. This is necessary in equilibrium to compensate those who purchase the debt for their higher taxable income. This diversity of real rates of return in the world securities market has a variety of effects on the optimal tax policy of a small open economy. I also explore a model where there is a unified world market in bonds, but no international trade in equity. Here, I find a strong tax incentive for firms owned by investors in countries with high personal tax rates to become multinationals and invest abroad. If domestic investors do end up purchasing both bonds and domestic equity, then the optimal corporate tax rate on real corporate income in a small open economy would be quite high relative to the personal tax rate on nominal interest income, in order not to distort the portfolio composition of domestic investors.