This thesis attempts to analyze the market response of stock prices of major U.S. banks to the February, 1987 Brazilian loan default announcement. The study's general hypothesis is that the market revalued stock prices according to each bank's amount of Brazilian loan exposure. The first chapter examines the significance of the default announcement. A survey of related literature is presented in the second chapter. Chapter III specifies the methodological techniques involved in analysis of the data. Chapter IV reports the findings of the study. Conclusions about the results are drawn in Chapter V. The results indicate the market is efficient. They also suggest that individual exposure was the major determinant of bank stock price decline.

This study has been primarily concerned with the pattern of economic development and the role of the multinational corporations (MNC's) in that process in the Kingdom of Saudi Arabia. Two contrasting theoretical frameworks were adopted to assess the pattern of economic development followed in the Kingdom of Saudi Arabia from 1970 through 1983. The first theoretical perspective is the neoclassical approach to economic development which postulates that the productive resources at the disposal of a country and the institutions developed to guide the prudent use of them are paramount to a balanced development. On the other hand, Hymer's contrasting perspective is based on the Law of Uneven Development. Essentially, Hymer claimed that inequality is built into the growth mechanisms of the present day world capitalist economic system that shapes the international economy through the agency of the multinational corporations. Therefore, any involvement by the MNC's is necessarily hierarchical, and characterized by dominance and dependence as well as wealth and poverty, particularly between the industrial countries of Western Europe and North America and the less developed countries in the Third World societies. Ironically, the Saudi Arabian case shows that Hymer's Law of Uneven Development is questionable. First, instead of the location …

The question for this thesis is whether the four major stock markets--the United States, Great Britain, West Germany, and Japan are interdependent or segmented. The study period runs from February 1979 to June 1987, with the Wall Street Journal as a source of data. The Granger causality test is used to test for relationships among the four major stock markets. The thesis is divided into five chapters-- 1) statement of the problem; 2) survey of literature; 3) methodology; 4) results and 5) conclusions. The overall findings of this thesis indicate that there are few or no comovement similarities among all the four stock markets. However, the findings do point out the significant influence of the United States stock market on the other three stock markets.

This thesis presents a comparison of the loan to deposit ratios of Texas banks along the Mexican border and banks located throughout the rest of the state. Mean characteristics of the two groups (i.e. border and non-border groups) are presented. A multivariate regression model is used to examine the extent to which various operating ratios of the banks and differing economic conditions of the communities in which the banks are located help explain the loan to deposit ratios of the banks involved in this study. The model incorporates data from 1984-1989. No evidence was found to refute the hypothesis that Texas border banks have a lower loan to deposit ratio than their non-border counterparts. The evidence points to a need for developmental capital, supplied by some form of development bank.

This research presents an in depth discussion and analysis on U.S. Japanese foreign trade. It is divided into two parts. The first hypothesis states that the appreciation of the dollar in the early eighties is positively correlated with the U.S. trade deficit, especially with Japan. The second hypothesis states that Friedrich Von Hayek's Theory of Social Order applies to the development of capitalism in that country. This can also be divided into two parts, a) this generation of Japanese consumes, saves, and invests differently than previous generations, and b) Japanese consumption and investment patterns follow U.S. consumption and investment patterns with a lag.

The main task of this thesis is to investigate economic implications of U.S.- China trade. The study period covers from 1972 to 1992. Data are available from International Financial Statistics, Survey of Current Business, Statistical Yearbook of P.R.China. Various hypotheses are employed to explain the basis and gain of trade, the impact of trade on both economies, and the major determinants of bilateral trade flows. This thesis contains five parts: I. Introduction; II. Outlook; III. Theoretical Analysis; IV. Empirical Study; and V. Conclusion. The major findings of this thesis are that both countries have gained advantages from trade and have also faced some unpleasant problems; several widely recognized theories serve as good approaches to understand these issues; the time series distributed lag models are helpful in explaining the determinants of trade flows.

It is the purpose of this thesis to consider the growth and urbanization of the Texas population since 1880, with primary emphasis on changes which took place during the decade from 1940-1950. The problem involved, therefore, in the second part of this study is to determine the amount of urbanization which took place in Texas during the 1940-1950 decade, to determine the variations among the several regions and "size groups" of cities, and to describe some of the factors related to such increases and variations.

This study was made to show the economic growth of the rural area served by the Cooke County Electric Co-Operative association, as well as its history. Locally, the Cooke County Electric Co-operative Association owes a large part of its success to the ability of the rural people to help themselves. In this thinly populated section of the country they have built a successful business where established power companies claimed that it would be impossible. Although the number of farmers continues to decrease, the demand for power continues to increase. The members of the Cooke County Co-operative are proud of their co-operative and are always happy to tell of their accomplishments. At the last memberships meeting a large majority of the members were present.

This study examines the history and growth of the B-K Electric Cooperative in Seymour Texas, as well as its economic impact on the surrounding rural areas.

The problem with which this study is concerned is that of discrimination. Data from the United States Bureau of the Census is used to approach the problem through the concept of economic discrimination. This study has two purposes. First, it tests the hypothesis that blacks in the South have been subjected to significant economic discrimination, and, in turn, to give quantitative estimates of its magnitude if the hypothesis is accepted. The secondary purpose is to make a comparison of the relative importance of the independent variables for blacks and whites.

This study is an attempt to provide a comprehensive review of the Texas unemployment insurance program that will yield a greater understanding of the factors that have brought the program to its present position and will give some insight into what can be done to improve the system.

The primary purpose of this study is to review the actions of the Texas State Teacher's Association as an organization in support of the needs of Texas teachers for adequate tenure and retirement, and to evaluate their effectiveness in securing these needs.

The purpose of this paper is to present a case study of a union organizational campaign among a group of women garment workers. The union that conducted the organizing drive was the International Ladies' Garment Worker's Union. The employees involved in the campaign were employed by the Russell-Newman Manufacturing Company in the North Texas community of Denton.

The secondary boycott issue has been present in the history of the American labor movement throughout the twentieth century. It has, consequently, been subjected to many of the same changes in policy by Congress, interpretation by the courts, and attitude of the public as have strikes and picketing. Secondary boycotts, however, have been handicapped much more than the other instruments of union power in as much as they have usually been treated as though they were less legitimate. This thesis will discuss the secondary boycott, and it legal status in the United States.

The purpose of this study is to make an overall examination of the Texas Aid to Families with Dependent Children Program in relation to its structure, operation, and effectiveness. In this vein the Program is examined with regard to the Federal and State guidelines which direct and govern the Program.

"It was the purpose of this writer to obtain such information in regards to the living costs of the students enrolled at North Texas State College as to suffice in making a comparative study with the living costs of students enrolled at other educational institutions over the nation."-- leaf 1.

The writer proposes in this study to make a survey of the organization and development of consumer cooperatives in Plano, Texas. Various phases of the development and present status of the consumer cooperatives are to be dealt with including history of organization, financial growth, operating procedure, management, benefits to the community, comparison with Rochdale Principles, and the reasons for the success of the cooperatives in the Plano community.

"The purpose of this study is to examine the impact of the medicare law on a particular hospital: Flow Memorial Hospital, Denton, Texas. The scope of this study is limited to an analysis of changes in hospital car at Flow Memorial Hospital resulting from medicare. These changes are examined on the basis of 1. number of patients and days of care; 2. hospital services by department; 3. the means of payment; and 4. social characteristics of the aged patient group. A detailed examination of aged patient care was made for the fiscal years 1966 and 1967. The 1966 year was the year immediately preceding medicare. The 1967 year was the first year of medicare. Longer time periods were used where the data were available and pertinent."-- leaf 1.