131 records from EconBiz based on author Name

1. Reinvigorating liberal education with an expected proficiencies approach to the academic major

Hansen, W. Lee;
2009
Type: Aufsatz im Buch; Book section;

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2. Economics of the Military Draft

abstract

Excerpt from introduction: This paper investigates two important consequences of the present military draft system. They are distributive effects-the impact on the distribution of real output, and allocative costs - the impact on the size of that output. The distributive effects result from the relatively low rate of pay to draft-affected men -what we refer to as the implicit income tax. The allocative costs result from the effects of the military personnel system on the efficiency with which a given level of resources is allocated among alternative uses. In analyzing the consequences of the draft system, a standard for comparison is necessary. For this standard we have selected a free-market, voluntary system, but in so doing we do not intend to suggest either that this is the only alternative worthy of consideration, or that, all things considered, it is preferable to the existing draft system. Whether a voluntary system is preferable under present or any other conditions is not the issue; rather, we wish to point out certain consequences of existing arrangements.' These consequences of the draft system stem directly from several key features of that system, including: (1) The compulsion to serve; the individual, if called, has no choice as to whether or not he serves. (2) The nature of the selection procedure; as long as the size of the draft-age pool substantially exceeds military requirements, rather arbitrary decisions must be made concerning draft eligibility, i.e., which segments of the population will be exempted or rejected, and which selected

Weisbrod, Burton A.; Hansen, W. Lee;
2011
Availability: Link

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3. Toward a General Theory of Awards, or, Do Economists Need a Hall of Fame?

abstract

Professional baseball and football each has its Hall of Fame. Most Valuable Player awards are announced in a growing number of sports, as well as by individual teams. There are Coach of the Year awards, Manager of the Year awards; there is even a Horse of the Year award. Why do economics and other intellectual sports not have similar awards? Surely if we are to be "relevant" we must come to grips with such vexing real world problems as, "What is the optimal number of awards? Should all awards be equal even if some are more equal than others?" It is amazing that these questions have escaped analysis by economists. We make no claim to answering these critical questions here, though we do propose an award to anyone who does! We think of this paper as a modest effort to provide a building block for a "general theory of awards." The American Economic Association (AEA) missed a golden opportunity to meet this challenge over a decade ago, when, having appointed a special committee to investigate the possibility of making additional awards, it concluded in favor of the status quo, though or unspecified reasons.' Thus, the economics profession provides only limited recognition for the outstanding achievements of its members. In addition to offices in the AEA, the only formal awards are the John Bates Clark Award and the Francis A. Walker Award, and since 1965 the Distinguished Fellow Award

Weisbrod, Burton A.; Hansen, W. Lee;
2011
Availability: Link

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4. An Income-Net Worth Approach to Measuring Economic Welfare

abstract

Economists and public policy-makers alike have long been concerned with the relative and absolute economic welfare of various segments of the population. This interest reflects an underlying concern both about the equity of the existing distribution and about our ability to explainand forecast more effectively the behavior of producers and consumers.' But given the many possible dimensions of a comprehensive measure of economic welfare, the single-dimensional, money-income measure so commonly used leaves much to be desired. The concern of this paper is with the development of an approach for measuring current economic welfare which is operationally feasible and broader in scope than the traditional money-income measure. The measure proposed is based on a combination of current income and current net worth (assets minus liabilities). These are made commensurable by converting net worth into an annuity value, which is added to current income. While this proposed measure stops well short of an "ideal"measure, we show that even this change leads to policy prescriptions rather different from those generated by the current income measure of economic welfare

Weisbrod, Burton A.; Hansen, W. Lee;
2011
Availability: Link

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5. Discussing economics : a classroom guide to preparing discussion questions and leading discussion

Salemi, Michael K.; Hansen, W. Lee;
2005

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6. Discussing economics : a classroom guide to preparing discussion questions and leading discussion

abstract

Discussing Economics treats discussion - meaning formal consideration of questions about a reading - as a new approach to learning economics. Setting out a detailed approach modeled on the ideas of Mortimer Adler and the Great Books Foundation, the authors explain why instructors should organize discussion around interpretive questions, how to plan and lead discussion, and how to integrate it into a course. They then provide a guide to over 60 classic and contemporary readings that span much of the undergraduate economics curriculum. For each, they provide a synopsis, learning objectives, recommended questions, and discussion suggestions. The authors make the case for discussion as a productive, cost-effective pedagogy that provides students with the opportunity to improve their economic literacy. As students form and revise their interpretations, they use the concepts the authors used in ways that deepen their understanding, lengthen their retention and enable them to transfer their mastery to new contexts. An invaluable resource for undergraduate and high school economics instructors, this volume will also be a useful tool for economic educators and those interested in classic economic writings

Salemi, Michael K.; Hansen, W. Lee;
2005
Availability: Link Link

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7. Ph.D. program learning and job demands : How close is the match?

Stock, Wendy A.; Hansen, W. Lee;
2004
Type: Aufsatz in Zeitschrift; Article in journal;

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8. Use it or lose it : teaching literacy in the economics principles course

Hansen, W. Lee; Salemi, Michael K.; Siegfried, John J.;
2002
Type: Aufsatz in Zeitschrift; Article in journal;

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9. Developing new proficiencies for human resource and industrial relations professionals

Hansen, W. Lee;
2001
Type: Aufsatz in Zeitschrift; Article in journal;

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10. Expected proficiencies for undergraduate economics majors

Hansen, W. Lee;
2001
Type: Aufsatz in Zeitschrift; Article in journal;

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