In this booklet, one of a series intended to apply economic principles to major social and political issues of the day, it is proposed that speculation is often misunderstood, particularly in the operation of the futures markets. These are markets in which obligations to consummate sales and purchases at some time in the future are traded at a…

The staff of the New York Personnel Department's Career Development Division developed a special program for the older employees of the Port Authority of New York. It consisted of five sessions, given on company time, covering; retirement planning, physical and psychological aspects, various benefits offered, estate planning, use of leisure time,…

The increasing number of Filipino immigrants to America has coincided with the martial law era in the Philippines. Consequently, this exodus has become a significant political issue for the government of Ferdinand Marcos. Since the Filipino government wishes to retain positive influence and goodwill with those who choose to settle elsewhere, it…

The role of endowments in academic finances of higher education is examined. Two effects of the decline of endowment funding, their failure to keep pace with inflation and loss of income for innovative programs, are cited. The historical role of endowments in institutional finances is reviewed. Present concepts of endowment management are…

TWO ECONOMIC FACTORS MOTIVATE YOUNG PEOPLE TO CONTINUE THEIR EDUCATION--INCREASE IN EMPLOYMENT AND INCOME PROSPECTS, AND THREAT OF UNEMPLOYMENT. BECAUSE THE AVERAGE EDUCATIONAL LEVEL OF THE WORK FORCE HAS INCREASED, HIGHER EDUCATION SERVES AS AN ALTERNATIVE TO UNEMPLOYMENT. IN A STUDY OF THE VALUE OF A COLLEGE EDUCATION, MILLER AND GLICK ESTIMATED…

THIS CONDENSED TRANSCRIPT OF A SEMINAR DEVOTED TO A REVIEW OF ECONOMIC AND INDUSTRIAL CHANGE CONTAINS THE ADDRESS OF THE PRINCIPAL SPEAKER AND SOME SUBSEQUENT DISCUSSION. THE ADDRESS EXAMINES MAJOR RECENT TRENDS IN THE GROSS NATIONAL PRODUCT, IN PRIVATE INVESTMENT AND GOVERNMENT EXPENDITURES, IN THE LABOR FORCE AND EMPLOYMENT PATTERNS, AND IN…

This annotated bibliography presents 389 citations of periodical articles, monographs, and books and represents a survey of the literature as related to the theory and application of cost-benefit analysis. Listings are arranged alphabetically in these eight sections: (1) Human Capital, (2) Theory and Application of Cost-Benefit Analysis, (3)…

This report discusses some of the financial issues and choices with which Harvard University will have to cope in an environment of increased stringency: issues of money-allocation, money raising, and money management. Part I presents highlights of Harvard's recent financial history and its prospects in quantitative terms. Part II presents some…

This course outline on estate planning is designed for teachers and leaders in New York State public school adult education programs. Basic elements in estate planning (inventory, objectives, analysis, problem areas, administration, and others) are outlined, followed by information and guidelines on accumulating an estate, conserving an estate,…

This monograph provides an introduction to the procedures of bonding. Although it was prepared for school systems within the State of New York, the information which it contains is of general applicability. The importance of obtaining the services of a national bonding attorney and a financial consultant is discussed. The guide outlines the…

The purpose of the 6-year Minnesota Student Characteristics and Occupationally Related Education Project is to identify criteria which are useful to counselors and others in the selection and counseling of post-high school vocational-technical students as they choose specific vocational-technical curriculums. The initial phase collected…

Although there has been a widely held impression that net benefits decline as more people seek and attain higher levels of education, investigations indicate that the rates of return have held roughly constant over a long period in the face of the universalization of secondary education and growing participation in tertiary education. The paper…

Institutional costs need to be analyzed for several reasons: (1) to increase the income of the institution; (2) to improve decision-making at the margin; and (3) to maximize efficiency. The means of costs analysis involve a simple issue: which costs to include. This decision depends on the purpose of the analysis. The actual effects of the usual…

For school systems, the Tax Reform Act of 1986 increased the relative cost of borrowing and put greater limits on investment opportunities. Offers tips to help school boards ask the right questions to take advantage of all possible opportunities. (MLF)

Colleges are offering innovative financing plans, some risky, that allow families to pay college costs in a rational manner and in turn keep enrollment up. They include tuition futures plans, electronic funds transfer, gift certificates, credit card payments, megaloans, tuition stabilization plans, institutional loans, tuition matching, and…