RSS 1.0Department of Economics (UMKC)
The Department of Economics is committed to promoting excellence in broad-based undergraduate programs; graduate and interdisciplinary doctoral education; research; and community, university and professional service. The department focuses its research, teaching and service efforts on the urban mission of the University by fostering a diversity of research and teaching perspectives for faculty and students.
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The Role of Financial Markets in the Pricing of Crude Oil: An Examination of Oil Pricing through the Structural Changes of the early Twenty-first Century
(2016)The debate over the causes of the path of the price of oil over the twenty-first century has failed to address the method of oil pricing. The thesis guiding this dissertation is that the crude oil pricing method ... -
An Original Institutionalist Approach to the Structure, Conduct, and Performance of the Pharmaceutical Industry: The Importance of Intangible Assets
(2016)This dissertation presents an examination of the pharmaceutical industry with a primary focus on the importance of intangible assets from the original institutional economics perspective. This is done in three main ... -
Institution: The Control of Social Perception—Toward a Theory of Minority-Directed Institutional Change
(2015)This dissertation seeks to make progress toward a theory of minority-directed institutional change. It begins with a review of research on urban sociology and how, despite tremendous technological and legal change, the ... -
A Heterodox Analysis of International Exchange and Employment Policies
(2015)The refugee crisis sourcing from the Middle East has been haunting Europe. Although the warfare caused this crisis, well-directed and well-timed international exchange and employment policies can be the solution. The aim ... -
Towards a Heterodox Theory of Income Distribution
(2015)The present study seeks to examine a number of important questions in the theory of income distribution from a heterodox economic perspective, an approach to economic theory that is inherently interdisciplinary. The ... -
The Financialization of the Business Enterprise
(2015)This dissertation focuses on the theoretical and empirical causes and consequences of the financialization of the business enterprise. The first chapter argues that the transition from the Post-War SSA to the Contemporary ... -
Exchange Rate Policy In Development Theories: To Fix Or To Float In The Case Of Nepal
(2014)Nepalese currency is pegged with Indian currency since 1960s. Three basic characteristics of Nepal-India relations have gone into the process of adjustment of exchange rates (a) high trade openness with India, (b) high ... -
Development Theory and the Cold War: A Historical Analysis of Latin American Structuralism from 1930 to 1970
(2013)Latin America has experimented with two different development strategies over the last two centuries. First, and currently, an “outward-oriented” program based on exports of primary commodities. Alternatively, for a few ... -
The Political Economy of the Pacific Northwest: A Surplus Approach
(2015)The dissertation is comprised of three independent essays. Each essay examines the process of qualitative change in the provisioning process from a different vantage, while remaining fixed in relation to the Columbia ... -
The Production of Space, Place, and Food: The Ecology of Money and the Emergence of Transformative Circuits of Money Capital
(2015-08-04)This dissertation argues that Henri Lefebvre’s (1991) The Production of Space expresses a theoretical blueprint for the construction of an interdisciplinary approach to social science that integrates political economy, ... -
Ecological Regionalism: A Synthesis of Ecological Economics and Organicist Regionalism
(2015-08-04)To realize visions of regional ecological and economic sustainability—extant the ecological economics literature—a unified understanding and philosophy of the region is needed. Additionally, this philosophy needs to be ... -
Generalized Multiplicative Error Models: Asymptotic Inference and Empirical Analysis
(2015-08-04)This dissertation consists of two parts. The first part focuses on extended Multiplicative Error Models (MEM) that include two extreme cases for nonnegative series. These extreme cases are common phenomena in high-frequency ... -
Some Alternatives to Model Selection and New Approaches to Computing for the Economics. 12/6/2014
(2014)This interdisciplinary dissertation in statistics, economics, and social science methodology derives a methodological approach for economics from philosophical principles, identi es barriers to its adoption, and presents ... -
Multifunctional Banking and Financial Fragility: What Should Banks Do?
(2015-05-22)This dissertation traces the evolution of the U.S. banking system since the 1980s with a specific focus on the role of the relaxation and eventual repeal of Glass-Steagall Act (GSA) on the stability of the financial ... -
The evolution of the U.S. financial architecture, asset prices, and the role of fiscal and monetary policy
(2015-03-04)In the past years there has been increasing interest in shadow banking institutions. Economists identified the shadow banking system at the core of the 2007-2008 Global Financial Crisis and it was a key component of the ... -
A Post-Keynesian/Structuralist Strategy for Economic Development
(2014-04-01)There are two distinct traditions that have widely different views on the fundamental problem of economic development. This dissertation makes a contribution to the tradition known as the Scarcity in the Midst of Plenty ... -
Trade, environment and development : an ecological economics perspective
(Interdisciplinary Doctoral Student Council at the University of Missouri-Kansas City, 2012)The growing importance of international trade has resulted in many debates concerning growth and the consequent impact on environment. This paper will critically analyze the impact of international trade on environment ... -
Toward a heterodox theory of the business enterprise: the Going Concern Model and the US computer industry
(2013-11-27)This dissertation applies heterodox concepts of the social construction and allocation of resources in the provisioning process; the organization of going concerns in societies that are themselves going concerns; and the ... -
Modern money theory and ecological tax reform: a functional finance approach to energy conservation
(2013)This dissertation contributes to heterodox economics by developing a theoretical and policy-relevant link that will promote the conservation of energy while driving the value of the domestic currency. The analysis relies ... -
The historical transformation of indigenous and colonial institutions of Central Mexico: monetary and production systems
(2013)Based on a critical analysis of the mainstream development discourse, the subaltern's history, and hybrid theoretical models, this dissertation is focused on studying the transformation of the Pre-Hispanic state and the ...