James E. Hartley's research while affiliated with Mount Holyoke College and other places

Publications (16)

Article
This paper examines the distribution of economic research as catalogued in the Journal of Economic Literature across countries of the world and attempts to explain those patterns. We report the number of articles published on each country and estimate a series of regressions to understand this pattern. We find that measures of a country's size (phy...
Article
Finn Kydland and Edward Prescott won the 2004 Nobel Prize in Economics for their work on time consistency and real business cycle models. What united the work in these two papers is the method of modeling the economy. In the mid-1970s, Kydland and Prescott set out to use optimal control theory in a rational expectations model, and ended up being cr...
Article
Full-text available
þis article examines the research activity in sociology by faculty at liberal arts col-leges. We used Sociological Abstracts to compile a list of journal articles published from 1960 to 1999 for which the first author's affiliation was among the 161 schools classified as liberal arts colleges by the Carnegie Foundation. We rank the colleges by the...
Article
Liberal arts colleges have in recent years placed an increasing emphasis on research. In this environment of increased interest in research at liberal arts colleges we present a ranking of research in geoscience at national liberal arts colleges based upon articles published in GeoRef listed journals. We find that the research activity is highly co...
Article
The results presented in this paper give a comprehensive picture of the extent of publishing by economists. While it is obvious that the traditional emphasis on refereed journal articles captures only a part of economists' research output, to date it has been difficult to determine how large a part of that output was not being measured. This note p...
Article
The author describes an introductory economics course in which all of the reading material is drawn from the Great Books of Western Civilization. He explains the rationale and mechanics of the course. An annotated course syllabus details how the reading material relates to the lecture material.
Article
To assess the magnitude and scope of journal publications by faculty at liberal arts colleges, eve used PsycLIT to compile a list of Publications from 1984 to 1993 for which the first author's affiliation was among the 161 schools classified as liberal arts colleges by the Camegie Foundation. We ranked schools by the total number of pages and artic...
Article
In their paper 'Business cycles: real facts and a monetary myth,' Kydland and Prescott (Federal Reserve Bank of Minneapolis Quarterly Review, 14, 1990) present a series of statistics, generated by using the Hodrick-Prescott filter, which they define as the 'business cycle facts.' Prescott (Federal Reserve Bank of Minneapolis Quarterly Review, 10, 1...
Article
A ranking of all national liberal arts colleges is presented based on publications in all "Journal of Economic Literature" catalogued journals from 1989-1994.
Article
The real business cycle model dominates business cycle research in the new classical tradition. Typically, real business cycle modelers both offer the bold conjecture that business cycles are equilibrium phenomena driven by technology shocks and also novel strategies for assessing the success of the model. This article critically examines the real...
Article
This paper examines the calibration methodology used in real business cycle (RBC) theory. We confront the calibrator with data from artificial economies (various Keynesian macroeconomic models) and examine whether a prototypical real business cycle model, when calibrated to these data sets using standard methods, can match a selected set of sample...
Article
For the 161 national liberal arts colleges, there is a positive correlation between number of research publications in psychology and number of students going on to earn Ph.D.s in psychology.
Article
In the midst of the Great Depression, California engaged in a massive restructuring of its tax system, reducing reliance on the property tax and introducing sales and income taxes. Our analysis suggests that this restructuring, which included a voter referendum, was primarily driven by a desire to change the mix rather than the level of taxation. N...
Article
This paper examines Alfred Marshall's invention of the representative firm. Marshall first used the representative firm in order to describe an industry supply curve for an industry with heterogeneous firms. Despite Marshall's limited use of the notion, the representative agent was extensively criticized as an ephemeral, useless construct that was...

Citations

... 6 And many of those who do find teaching positions work part time, a category that in 2005 accounted for 48% of all college faculty. 7 The prospect of a dramatic drop in academic status and the possibility of failing to find any academic job does a lot to concentrate the mind of the recent doctoral 2 Hartley et al. (2001). 3 Budd (1995).. 4 Carnegie Classifications of Institutions of Higher Education. ...
... ~ 48 ~ Every article provided title of article, all authors, and institutional affiliation were utilized except editorials, letter to editor, and book review. All authors regardless whether faculty or graduate student in contrast to Ku (2009) who used only the first three authors and Robinson, Hartley, and Dunn (2001) who recognized only the first author. Researchers who were not specialists in science education were included. ...
... The information such studies produce can affect submission trends, subscription levels, and advertising rates (Haas et al., 2007;Podsakoff et al., 2005). Such studies may also be meaningful for both institutions and specific academic programs, as scholarly publication productivity and prestige relates to institutional and program status (Dey et al., 1997;Drew & Karpf, 1981;Hartley & Robinson, 1997;Ranis & Walters, 2004). Further, knowledge about journals, and perceptions of their prestige, has consequences for faculty, since those factors can and do influence promotion and tenure decisions, resultant faculty status, and also influence salary increases (Corby, 2003;Davis & Astin, 1987;Fox, 1985, Gaston, 1978Nelson et al., 1983;O'Neil & Sachis, 1994;Tahai & Meyer, 1999). ...
... On the flexibility of wages and prices, this theory explains a clear market that uses the assumption that prices and wages are adjusted quickly according to the state of the economy. In other words, the market will adjust to the equilibrium point quickly (Hartley et al., 2013). ...
... Unfortunately, many studies concerned with program or department evaluation provide no data on individual output or survey only selected journals (e.g., Cox & Catt, 1977;Howard et al., 1987;Keith & Babchuk, 1998;Ligon & Thyer, 2001;Schmauder, Robinson, & Hartley, 1999;Smith et al., 2003;Webster, Hall, & Bolen, 1993). However, in some cases, data on individual productivity can be extracted from the published reports. ...
... Such experiences provide benefits for all involved. Students gain research, problem-solving, and communication skills and are favorably positioned for graduate school and other careers [6]; faculty gain satisfaction and the advancement of their teaching and research goals [6,7]; and institutions strengthen their educational quality and improve recruitment and retention [1,[8][9][10]. Unfortunately, despite extensive documentation of the benefits of faculty-undergraduate research collaboration [10,Chapter 3], and some studies examining predictors of mentoring undergraduates in research [6,10], relatively little is known about the outcomes of such collaborations nor the factors that facilitate successful outcomes. ...
... Rueben (1994) finds support for "economic stress" theories of the introduction of sales taxes, according to which the economic downturn of the 1930s induced state governments to seek out new sources of revenue to finance expenditures. Hartley, Sheffrin, and Vasche (1996) attribute the passage of the 1933 Riley-Stewart Amendment-a major fiscal reform in California inclusive of a sales tax-to "growing voter discontent over the property tax during the Great Depression" (666). In a related paper, Gillitzer (2017) argues that states that were most hit by the Great Depression found it optimal to broaden their tax base in order to raise revenue at lower tax rates and reduce the deadweight loss of taxation. ...
... Les principales banques centrales ont cependant maintenu leurs objectifs initiaux. Les soulever soulèverait des questions de crédibilité et de cohérence temporelle (Kydland et Prescott, 1977 ;Calvo, 1978 ;McCallum, 1997 ;Hartley, 2006 ;Carré et Leloup, 2020). Dans le cas où une banque centrale s'engage sur un objectif à long terme de 2 % après avoir augmenté l'objectif à 4 ou 5 %, comment convaincre le public qu'elle n'augmenterait pas cet objectif à 7 ou 8 % ? ...
... Our study, even if does not directly try to give an answer to the debate about the pro-counter-cyclical behavior of prices, inquires the, possibly, different properties of the consumer price index and the GDP deflator. M1 aggregate is mostly pro-cyclical (a-cyclical in US: see Hartley, 1999) and leads the cycle (exception is US where it lags the cycle). M1 supply is not very volatile, and its variability is higher in those countries, such as Italy, France and UK, in which also inflation standard deviation is higher. ...
... Sin embargo, como también sabemos los economistas académicos, existe una gran cantidad de conceptos en la ciencia económica que pueden resultar útiles a cualquier persona, independientemente de cual vaya a ser su futuro profesional, porque nos permiten analizar y entender mejor el mundo en el que vivimos (Hartley, 2001). Saber sobre economía, saber qué es el coste de oportunidad, la ventaja comparativa o el beneficio y el coste marginal es, en sí, un bien público. ...