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The fiscal theory of the price level – identification and testing for the UK in the 1970s
We investigate whether the Fiscal Theory of the Price Level (FTPL) can explain UK in ation in the 1970s. We confront the identifcation problem involved by setting up the FTPL as a structural model for the episode and pitting it against an alternative Orthodox model; the models have a reduced form that is common in form but, because each model is over-identifed, numerically distinct. We use indirect inference to test which model could be generating the VECM approximation to the reduced form that we estimate on the data for the episode. Neither model is rejected, though the Orthodox model outperforms the FTPL. But the best account of the period assumes that expectations were a probability-weighted combination of the two regimes
For the Love of Profit : Examining Traditional Capitalism on Eagles Island, North Carolina
As European colonists first arrived in the North American colonies, they brought with them the nascent principles of capitalism. Since then, the theories and practices regarding capitalism have changed, going through phases that are potentially manifested in the archaeological record. Eagles Island, North Carolina, has been home to a historically important maritime industrial complex that has experienced the changes of capitalism, beginning as an agricultural economy, then adapting to the region's growing maritime needs, and now presently as a service economy. Only by performing historical and archaeological explorations of Eagles Island can we fully understand the phases of capitalism and the motivations that brought upon the economic changes.Ă‚Â Ă‚Â M.A
Experimental Observations of Frictional Heating in Fiber-Reinforced Ceramics
Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/65540/1/j.1151-2916.1992.tb04162.x.pd
Frequency Dependence of Fatigue Life and Internal Heating of a Fiber-Reinforced/Ceramic-Matrix Composite
Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/65943/1/j.1151-2916.1994.tb04587.x.pd
Influence of Stress Ratio on the Elevated-Temperature Fatigue of a Silicon Carbide Fiber-Reinforced Silicon Nitride Composite
Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/65470/1/j.1151-2916.1991.tb07152.x.pd
Origin of Hysteresis Observed During Fatigue of Ceramic-Matrix Composites
Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/66076/1/j.1151-2916.1990.tb05239.x.pd
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