Is all government capital productive?

Government spending policy ; Production (Economic theory)

A theory of the capacity utilization/inflation relationship

Inflation (Finance)

The increasing-returns-to-scale/sticky- price approach to monetary analysis

Economies of scale ; Monetary theory

Is "high" capacity utilization inflationary?

Inflation (Finance)

Unit organization of four topics in occupations

Thesis (M.A.)--Boston University, 1949. This item was digitized by the Internet Archive

Essays In International Finance

The first essay evaluates the forecasting accuracy of monetary and random walk models of the exchange rate, using monthly data on the US and UK economies over the recent flexible exchange rate period. Instrumental-variable estimates of the simple monetary model are not supported by the data, while the full-information maximum-likelihood estimates of its rational-expectations counterpart are. The latter is found to forecast as well as the random walk model. Accordingly, in the context of the monetary model of the exchange rate, the explicit incorporation of the hypothesis of rational expectations permits a richer specification of the dynamics of the exchange rate process and thus an improvement in forecasting accuracy.;The second essay undertakes an econometric analysis of the exchange rate and current account of the balance of payments that seeks to establish whether the behaviour of these two variables can be explained by a small-scale choice-theoretic intertemporal general-equilibrium model in which both are endogenous. Quarterly data over the recent flexible exchange rate period serve as the case study. The model is found to be well-supported by the data and is capable of explaining a substantial proportion of exchange rate and current account movements. This suggests that the intertemporal general-equilibrium model constitutes an advancement in our ability to explain exchange rate behaviour over existing empirical exchange rate models.;The third essay constructs a stochastic intertemporal general-equilibrium model of savings and investment in a small open economy under conditions of perfect international capital mobility and examines, using simulation techniques, the predictions of the model for the dynamics of savings and investment in response to technological disturbances. The key findings of the study are that the cases of positively- (negatively-) autocorrelated disturbances to both domestic and foreign technology and of serially-uncorrelated disturbances to domestic (foreign) technology are characterized by a significantly positive (negative) relationship between saving and investment dynamics. These results suggest that high saving-investment correlations are not necessarily indicative of international capital immobility

GF-DOP: grammatical feature data-oriented parsing

This paper proposes an extension of Tree-DOP which approximates the LFG-DOP model. GF-DOP combines the robustness of the DOP model with some of the linguistic competence of LFG. LFG c-structure trees are augmented with LFG functional information, with the aim of (i) generating more informative parses than Tree-DOP; (ii) improving overall parse ranking by modelling grammatical features; and (iii) avoiding the inconsistent probability models of LFG-DOP. In a number of experiments on the HomeCentre corpus, we report on which (groups of) features most heavily influence parse quality, both positively and negatively

Dewey and an “Organizing Approach to Teaching”

To move from a “model of scholarship where students are treated as passive vessels to be filled, to a problem-posing, relational, publicly engaged critical pedagogy that connects to public work that they hold to be meaningful…requires an organizing approach to teaching” (Sandro, 2002). Education organizing has been added to many community organizers’ portfolio in recent years. To sustain, for the long term, the power they gain over social and economic policy and practices that are detrimental to their community, organizers understand it is essential to reduce the educational achievement gap between students of differently resourced families and to assure their members’ children are well educated. Some, such as legendary civil rights organizer Robert Moses, have gone so far as to demand a constitutional right to a quality education for all children. For Moses, it will take a grassroots movement modeled after the Civil Rights Movement to amend the Constitution and transform public schools (Perry, Moses, Cortes, Delpit & Wayne, 2010)

Collective Survival Strategies and Anti-Colonial Practice in Ecosocial Work

Oppressed communities have long used strategies of caring for and protecting each other to ensure their collective survival. We argue for ecosocial workers to critically interrogate how agency, history, and culture structure environmental problems and our responses to them, by developing a resilience-based framework, collective survival strategies (CSS). CSS consider power, culture and history and build upon the strengths of oppressed communities facing global environmental changes. We challenge the dominant narrative of climate change as a “new” problem and connect it to colonization. We discuss implications by examining a social work program explicitly built on Indigenous knowledges and anti-colonial practice