Jan Reid

Jan Reid
Coast Economic Consulting

Master of Science

About

19
Publications
10,018
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10
Citations
Introduction
Jan Reid currently works at Coast Economic Consulting. Jan does research in Macroeconomics and Politics. His current project Expected Demand and Employment.

Publications

Publications (19)
Thesis
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The objective of this dissertation is to determine the effect of expected demand on aggregate employment in the United States (U.S.) for the period 1948 Q1 to 2023 Q3. The relationship is studied using both qualitative and quantitative analysis. My work is primarily based on expectations theory and on Keynesian economic theory, carefully considerin...
Article
Full-text available
The paper provides an analysis of important U.S. macroeconomic variables that effect aggregate employment. The paper seeks to answer the question "What are the determinants of changes in aggregate employment in the United States of America (U.S.)?" This is an important research topic because significant increases in unemployment can have a profound...
Article
Full-text available
The paper provides interim results of my PhD dissertation. The research hypothesis is “Firms increase and decrease employment in response to changes in expected demand.” The paper seeks to answer the question “What are the determinants of changes in aggregate employment in the United States of America (U.S.)?” This is an important research topic be...
Conference Paper
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CoVid-19 is an ongoing global outbreak of coronavirus disease 2019, an infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The World Health Organization (WHO) declared the outbreak a Public Health Emergency of International Concern on January 30, 2020; and a pandemic on March 11, 2020. Several mitigation meas...
Conference Paper
Full-text available
The paper defines "international sanctions" as politically and economically coercive decisions imposed by two or more countries upon another country to further their own perceived strategic interests. International sanctions can include economic manipulation; coercive diplomatic efforts; or preliminaries to war. Sanctions are controversial. Scholar...
Article
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The Merriam-Webster dictionary defines insurgent as “one who acts contrary to the policies and decisions of one’s own political party.” In this paper, an “insurgent presidential campaign” is defined as the campaign of a candidate who did not have the support of the United States of America’s (U.S.) Democratic Party establishment. A “populist campa...
Article
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On June 23, 2016, United Kingdom (UK) voters decided to leave the European Union (EU), thereby starting a process commonly known as Brexit. On October 2, 2016, British Prime Minister Theresa May announced that she intended to invoke EU Article 50 by the end of March 2017. The invocation of EU Article 50 would put the UK on a course to leave the EU...
Conference Paper
Full-text available
The Value Added Tax (VAT) is widely used throughout Europe and is analogous to state and local sales taxes in the United States of America (U.S.) in that both are taxes on consumption. However, Europe's VAT rates are much higher than U.S. sales tax rates. The standard VAT rate ranges from 20% in Austria to 27% in Hungary. In contrast, U.S. state an...
Article
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The federal bicameral legislature of the United States of America (U.S.) is currently dysfunctional, in that it is unable to pass legislation to address important issues such as immigration reform and economic development. I show that dysfunctional government in the U.S. is largely a byproduct of “political segregation”: a phenomenon in which libe...
Article
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Beginning in 1992, Greece’s economy was at least partially managed consistent with European Union (EU) membership. Greece joined the EU on January 1, 2001, adopting the Euro at a conversion rate of 340.75 Drachmas per Euro. From 1995-2000, Greece had 3.2% average GDP growth, 5.5% consumer inflation, a 10.5% unemployment rate, and a government defic...
Conference Paper
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The United States Congress approved the American Recovery and Reinvestment Act (ARRA) on February 13, 2009. U.S. President Barack Obama signed the bill into law on February 17, 2009. ARRA was passed in response to widespread fears that the United States was in danger of slipping into a 1930s-style economic depression. After ARRA was enacted, relate...
Article
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The Discounted Cash Flow Model (DCF) and the Capital Asset Pricing Model (CAPM) are often used to determine an appropriate return on equity for regulated utilities. However, both the CAPM and the DCF will sometimes produce unrealistically high or low results during times of excess market volatility. In the 40 years since the initial publication of...
Article
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Traditionally, evidentiary hearings were held during almost all of the energy ratemaking proceedings of the California Public Utilities Commission (CPUC). This is often referred to as the “litigation model” of regulation. In recent years, the CPUC has often used a “collaborative model” of regulation, in which proceedings are dominated by workshops...
Conference Paper
Full-text available
The American Recovery and Reinvestment Act (ARRA) was passed in response to widespread fears that that United States was in danger of slipping into a 1930s-style economic depression. Once the ARRA was introduced, the economic debate centered on tax reductions versus direct government spending. Old arguments resurfaced about the effectiveness of the...
Conference Paper
Full-text available
The Capital Asset Pricing Model (CAPM) is often used to determine an appropriate return on equity for regulated utilities. However, the CAPM will sometimes produce unrealistically high or low results during times of excess market volatility. I hypothesize that these results do not indicate a failure in the model itself. Instead, they are caused by...

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