Author
Jonathan P. Goldstein
Other affiliations: Levy Economics Institute
Bio: Jonathan P. Goldstein is an academic researcher from Bowdoin College. The author has contributed to research in topics: Profit (economics) & Business cycle. The author has an hindex of 12, co-authored 31 publications receiving 366 citations. Previous affiliations of Jonathan P. Goldstein include Levy Economics Institute.
Papers
More filters
••
TL;DR: It is concluded that motorcycle helmets have no statistically significant effect on the probability of fatality, helmets reduce the severity of head injuries, and past a critical impact speed, helmets increase the severityof neck injuries.
Abstract: This article evaluates the effectiveness of motorcycle helmets in accident situations. A latent variable model is developed and estimated. It is concluded that (1) motorcycle helmets have no statistically significant effect on the probability of fatality; (2) helmets reduce the severity of head injuries; and (3) past a critical impact speed, helmets increase the severity of neck injuries. Further analysis establishes the qualitative and quantitative nature of the head-neck injury trade-off.
75 citations
••
TL;DR: A search of the key word "financialization" on the EconLit database resulted in 79 papers with the earliest dating to the year 2000 as mentioned in this paper, of which around 60 percent can be associated with the political economy literature of which 17 entries derive from the volume edited by Epstein (2005).
29 citations
••
27 citations
••
TL;DR: In this paper, the authors extended the empirical literature on the cyclical profit squeeze (CPS) theory of crisis by developing a multivariate model with superior decomposition methods and employed a structural time series (unobserved components) model with trend and structural VAR components.
Abstract: This paper extends the empirical literature on the cyclical profit squeeze (CPS) theory of crisis by developing a multivariate model with superior decomposition methods. A structural time series (unobserved components) model with trend and structural VAR components is employed. The VAR captures the dynamic cyclical interaction between unemployment and profit's share of income and is interpreted as a linear version of Goodwin's (1967) predator-prey model. Model extensions incorporate the accumulation process and structural shifts. Estimation results for the US economy are used to sort out the controversial relevance of the CPS in the post-1970 period. It is concluded that the CPS is relevant during the period from 1949 to 1985, but is moderately weakened in the post-1970 period. Inconclusive statistical support for the CPS is found for the post-1985 era.
26 citations
••
TL;DR: In this article, an optimal cyclical mark-up pricing policy is derived for the business cycle, and the necessary and sufficient conditions for the resulting decline in the profit rate are the capital-labor struggle which determines the behavior of costs and the competition among capitals which restricts rising costs from being fully passed on.
25 citations
Cited by
More filters
••
01 May 1981TL;DR: This chapter discusses Detecting Influential Observations and Outliers, a method for assessing Collinearity, and its applications in medicine and science.
Abstract: 1. Introduction and Overview. 2. Detecting Influential Observations and Outliers. 3. Detecting and Assessing Collinearity. 4. Applications and Remedies. 5. Research Issues and Directions for Extensions. Bibliography. Author Index. Subject Index.
4,948 citations
•
TL;DR: In this paper, the authors provide a unified and comprehensive theory of structural time series models, including a detailed treatment of the Kalman filter for modeling economic and social time series, and address the special problems which the treatment of such series poses.
Abstract: In this book, Andrew Harvey sets out to provide a unified and comprehensive theory of structural time series models. Unlike the traditional ARIMA models, structural time series models consist explicitly of unobserved components, such as trends and seasonals, which have a direct interpretation. As a result the model selection methodology associated with structural models is much closer to econometric methodology. The link with econometrics is made even closer by the natural way in which the models can be extended to include explanatory variables and to cope with multivariate time series. From the technical point of view, state space models and the Kalman filter play a key role in the statistical treatment of structural time series models. The book includes a detailed treatment of the Kalman filter. This technique was originally developed in control engineering, but is becoming increasingly important in fields such as economics and operations research. This book is concerned primarily with modelling economic and social time series, and with addressing the special problems which the treatment of such series poses. The properties of the models and the methodological techniques used to select them are illustrated with various applications. These range from the modellling of trends and cycles in US macroeconomic time series to to an evaluation of the effects of seat belt legislation in the UK.
4,252 citations
••
TL;DR: In this article, applied linear regression models are used for linear regression in the context of quality control in quality control systems, and the results show that linear regression is effective in many applications.
Abstract: (1991). Applied Linear Regression Models. Journal of Quality Technology: Vol. 23, No. 1, pp. 76-77.
1,811 citations
••
[...]
TL;DR: In this paper, the authors present an explanation and dialectical approach to economics and philosophy and economics, with a focus on exploitation, freedom, and justice, and a theory of history.
Abstract: Preface and acknowledgments Introduction 1. Explanation and dialectics Part I. Philosophy and Economics: 2. Philosophical anthropology 3. Economics 4. Exploitation, freedom and justice Part II. Theory of History: 5. Modes of production 6. Classes 7. Politics and the state 8. Ideologies 9. Capitalism, communism and revolution Conclusion references Index of names index of subjects.
803 citations
06 May 2011
TL;DR: The overall rate of TBI-related deaths decreased during 1997-2007, but TBI remains a public health problem; approximately 580,000 persons died with T BI-related diagnoses during this reporting period in the United States.
Abstract: Problem/Condition: Traumatic brain injury (TBI) is a leading cause of death and disability in the United States. Approximately 53,000 persons die from TBI-related injuries annually. During 1989-1998, TBI-related death rates decreased 11.4%, from 21.9 to 19.4 per 100,000 population. This report describes the epidemiology and annual rates of TBI-related deaths during 1997-2007. Reporting Period: January 1, 1997-December 31, 2007. Description of System: Data were analyzed from the CDC multiple-cause-of-death public-use data files, which contain death certificate data from all 50 states and the District of Columbia. Results: During 1997-2007, an annual average of 53,014 deaths (18.4 per 100,000 population; range: 17.8-19.3) among U.S. residents were associated with TBIs. During this period, death rates decreased 8.2%, from 19.3 to 17.8 per 100,000 population (p = 0.001). TBI-related death rates decreased significantly among persons aged 0-44 years and increased significantly among those aged ≥75 years. The rate of TBI deaths was three times higher among males (28.8 per 100,000 population) than among females (9.1). Among males, rates were highest among non-Hispanic American Indian/Alaska Natives (41.3 per 100,000 population) and lowest among Hispanics (22.7). Firearm- (34.8%), motor-vehicle- (31.4%), and fall-related TBIs (16.7%) were the leading causes of TBI-related death. Firearm-related death rates were highest among persons aged 15-34 years (8.5 per 100,000 population) and ≥75 years (10.5). Motor vehicle-related death rates were highest among those aged 15-24 years (11.9 per 100,000 population). Fall-related death rates were highest among adults aged ≥75 years (29.8 per 100,000 population). Overall, the rates for all causes except falls decreased. Interpretation: Although the overall rate of TBI-related deaths decreased during 1997-2007, TBI remains a public health problem; approximately 580,000 persons died with TBI-related diagnoses during this reporting period in the United States. Rates of TBI-related deaths were higher among young and older adults and certain minority populations. The leading external causes of this condition were incidents related to firearms, motor vehicle traffic, and falls. Public Health Actions: Accurate, timely, and comprehensive surveillance data are necessary to better understand and prevent TBI-related deaths in the United States. CDC multiple-cause-of-death public-use data files can be used to monitor the incidence of TBI-related deaths and assist public health practitioners and partners in the development, implementation, and evaluation of programs and policies to reduce and prevent TBI-related deaths in the United States. Rates of TBI-related deaths are higher in certain population groups and are primarily related to specific external causes. Better enforcement of existing seat belt laws, implementation and increased coverage of more stringent helmet laws, and the implementation of existing evidence-based fall-related prevention interventions are examples of interventions that can reduce the incidence of TBI in the United States. Language: en
708 citations