A study of stock price reactions to the decisions of the Federal Open Market Committee (FOMC) on changes in the federal funds rate. (open access)

A study of stock price reactions to the decisions of the Federal Open Market Committee (FOMC) on changes in the federal funds rate.

This paper analyzes stock index reactions to interest rate actions by the FOMC. Unlike previous analyses this study utilizes macro-economic indicators and accounts for pre-decision market expectations. Results indicate significant reaction of the stock market to the actions of the FOMC regardless of interest rate actions matching pre-decision market expectations. Binary dummy variables representing the five days following an FOMC meeting indicate a significant reaction for days one; two and three of the Dow Jones model and for day five of the NASDAQ model. The magnitude of the coefficients are 0.17%, 0.09%, -0.07% and -.15% respectively. These findings may be sensitive to a priori choices regarding the definition of the market expectation variable.
Date: May 2002
Creator: Bushnell, Wesley
System: The UNT Digital Library

The Lower Rio Grande Valley: Are Education and Job Training Opportunities Shrinking the Labor Force?

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The purpose of this research project is to examine the educational and job-training opportunities offered in the Lower Rio Grande Valley, and how the skills acquired from these programs assimilate with the job opportunities available in the area. Specifically, we will look at the counties of Cameron, Hidalgo, Starr, and Willacy. The central hypothesis of this project is that the Rio Grande Valley in its efforts for a more highly trained workforce may actually be enabling its workforce to seek better employment opportunities in other areas.
Date: May 2000
Creator: Foster, Jodie Randall
System: The UNT Digital Library
A Comparison of Economic Development in Latin America, Middle Eastern Europe and Asia in the 1990s (open access)

A Comparison of Economic Development in Latin America, Middle Eastern Europe and Asia in the 1990s

The 1990s were characterized by severe turbulence in the global economy. Economic and financial crises occurred in Latin America, Middle and Eastern Europe and Asia. This analysis distinguishes between the two socioeconomic criteria "transitional" and "emerging" region. Transitional countries are former centrally planned socialist economies and emerging countries former agricultural-oriented classical developing economies with mostly a history of military or some other kind of autocratic dictatorship. The resources for the analysis are data sets regarding investment, exchange rate behavior, government finance, international liabilities of monetary authorities and inflation. The study reveals macroeconomic patterns associated with economic development in each socioeconomic region. It is shown that similar patterns are responsible for successful and non-successful performance in each region. A comparison of different regions shows many parallels between emerging economies, but only little similarity between transitional economies.
Date: May 1999
Creator: Marktanner, Marcus
System: The UNT Digital Library
Determining the Impact of Selected Variables on the Sale Price of Real Estate (open access)

Determining the Impact of Selected Variables on the Sale Price of Real Estate

This paper presents the results of a study dealing with a number of issues regarding real estate investment. Utilizing a data set consisting of real estate transactions, questions relative to the impact of certain variables on the sale price are addressed. This analysis addresses the question of the impact of financial, physical, and location characteristics on the sales price of commercial grade real estate.
Date: May 1989
Creator: Martin, Jon E. (Jon Egan)
System: The UNT Digital Library

Students' Perception of Videoconference Courses: A Case Study of the University of North Texas

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The objective of the survey is to observe students' perceptions of videoconference courses offered by the University of North Texas (UNT). The perceptions of 348 students enrolled in videoconferencing (VC) courses in the fall 2002 semester were obtained through a 29-item course evaluation questionnaire. From this study, I conclude generally that UNT students perceive videoconference courses as a positive stride in providing classes. While it was expected that students at remote sites would experience greater technological problems and lower levels of student/teacher interaction, evaluations from remote sites indicate higher degrees of student satisfaction than those students taking VC courses at the main campus location.
Date: May 2003
Creator: Christopher, Chris-Junior
System: The UNT Digital Library

The Production Effects of Protectionist Announcements: An Examination of the Steel Industry

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The well-being of the American steel industry is vital to the overall health of the United States (U.S.) economy. This belief is, in part, the impetus for the enactment of protective tariffs and quotas. This paper examines the impact of the announcement of the 2001 tariffs. Numerous forces have buffeted the U.S. steel industry over the last decade. Domestic steel firms operate in a highly global, fiercely competitive, and capital-intensive industry. This environment has proven inhospitable to the U.S. steel industry, widely criticized for inefficiency and overcapacity. A regression analysis finds that the announcement of the 2001 tariffs had no statistically significant impact on U.S. domestic raw steel production. Supporting theories are reexamined, and the implications of this finding for trade policy are explored.
Date: May 2003
Creator: Pharr, Matthew C.
System: The UNT Digital Library
Analysis of Japanese Exports and Imports of Rice (open access)

Analysis of Japanese Exports and Imports of Rice

This research shows that the Japanese rice policy has affected the volume of exported and imported rice; moreover, multilateral and bilateral agreements have also affected Japanese rice policy. Japan's institution of subsidies and trade barriers has made its rice products too expensive for foreign trade and its domestic consumers. Since the WTO agreement has forced Japan to open its market gradually over six years, Japan may be unable to compete internationally because of its limited land, high labor costs, and the field utility fees.
Date: May 2003
Creator: Shiraiwa, Toshio
System: The UNT Digital Library