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<strong>FSA Handbook</strong> – Federal Student Aid Handbook, a guide to administering the Title IV financial aid programs, published annually by the U.S. Department of Education.
cash limit (H5)<br />A method of controlling government spending in the UK which replaced a constant-prices system. From 1974 to 1976, cash limits were used for several
Haavelmo, Trygve, 1911- (B3)<br />A major founder of ECONOMETRics who was awarded the NOBEL PRIZE FOR ECONOMICS in 1989. He was educated at the University of Oslo where he was professor of economics from 1948 to 1979. In 1946-7 he was at the COWLES COMMISSION. His important contributions to quantitative economics include the formulation of economic theories in probabilistic terms and the study of interdependence problems.
additional-worker hypothesis (J2)<br />The assertion that unemployment will encourage more labour force participation amongst SECONDARY WORKERS thus increasing the size of the labour force. This often occurs when there is a shift from heavy to light indust ry. If those made redundan t in the heavy industries are males but the jobs available in the light industries a re predominantly suitable for females, then male unemploymen t will coincide with women joining the labour force.<br /><em>See also:</em> discouraged worker hypothesis; labour force participation rate <br /><em>Reference</em><br />Cann, G.G. (1967) 'Unemployment and the labor force participation of secondary workers', Industrial and Labor Relations Review 20: 275-97.
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