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Full-Text Articles in Social and Behavioral Sciences

The Influences Of The Public Health Care System And Education System On The Economic Growth Of Swaziland, Grace Greer May 2023

The Influences Of The Public Health Care System And Education System On The Economic Growth Of Swaziland, Grace Greer

International and Global Studies Undergraduate Honors Theses

The Kingdom of Eswatini, also known as Swaziland, has one of the youngest populations in the world with over 70% of citizens being under the age of 18 years old. This creates a substantial opportunity for economic, social, and educational growth in a country previously plagued with diseases such as HIV/AIDS, poor health care infrastructure cutting off thousands from basic care, and an educational system with a very low attendance rate and an even lower graduation rate. By evaluating the root causes of such issues dating back to the colonial era there is an opportunity to reprioritize health care ...


Barriers For Small Businesses To Adopt Sustainable Practices In The Sioux Falls Area, Meredith King Dec 2022

Barriers For Small Businesses To Adopt Sustainable Practices In The Sioux Falls Area, Meredith King

Honors Thesis

Sustainability is a broad concept that encompasses environmental, social, and economic factors to meet current and future needs. Many individuals and large businesses are becoming conscious of the effects they have on the planet and the people around them. However, despite the financial benefits and positive publicity of environmentalism, many businesses are not adopting sustainable practices. This study interviewed local business owners to answer the question “What are the main reasons that small businesses in the Sioux Falls area of South Dakota do or do not adopt sustainable practices that benefit the environment and the community?” Five business owners were ...


Associations Of The Covid-19 Pandemic With Older Individuals' Healthcare Utilization And Self-Reported Health Status: A Longitudinal Analysis From Singapore, Sangnam Ahn, Seonghoon Kim, Kanghyock Koh Dec 2022

Associations Of The Covid-19 Pandemic With Older Individuals' Healthcare Utilization And Self-Reported Health Status: A Longitudinal Analysis From Singapore, Sangnam Ahn, Seonghoon Kim, Kanghyock Koh

Research Collection School Of Economics

Background: The COVID–19 pandemic has challenged the capacity of healthcare systems around the world and can potentially compromise healthcare utilization and health outcomes among non-COVID–19 patients. Objectives: To examine the associations of the COVID-19 pandemic with healthcare utilization, out-of-pocket medical costs, and perceived health among middle-aged and older individuals in Singapore. Method: Utilizing data collected from a monthly panel survey, a difference-in-differences approach was used to characterize monthly changes of healthcare use and spending and estimate the probability of being diagnosed with a chronic condition and self-reported health status before and during the COVID-19 outbreak in 2020. Subjects ...


Variation And Efficiency Of High-Frequency Betas, Congshan Zhang, Jia Li, Viktor Todorov, George. Tauchen Dec 2022

Variation And Efficiency Of High-Frequency Betas, Congshan Zhang, Jia Li, Viktor Todorov, George. Tauchen

Research Collection School Of Economics

This paper studies the efficient estimation of betas from high-frequency return data on a fixed time interval. Under an assumption of equal diffusive and jump betas, we derive the semiparametric efficiency bound for estimating the common beta and develop an adaptive estimator that attains the efficiency bound. We further propose a Hausman type test for deciding whether the common beta assumption is true from the high-frequency data. In our empirical analysis we provide examples of stocks and time periods for which a common market beta assumption appears true and ones for which this is not the case. We further quantify ...


Improved Marginal Likelihood Estimation Via Power Posteriors And Importance Sampling, Yong Li, Nianling Wang, Jun Yu Sep 2022

Improved Marginal Likelihood Estimation Via Power Posteriors And Importance Sampling, Yong Li, Nianling Wang, Jun Yu

Research Collection School Of Economics

Power posteriors have become popular in estimating the marginal likelihood of a Bayesian model. A power posterior is referred to as the posterior distribution that is proportional to the likelihood raised to a power b∈[0,1]. Important power-posterior-based algorithms include thermodynamic integration (TI) of Friel and Pettitt (2008) and steppingstone sampling (SS) of Xie et al. (2011). In this paper, it is shown that the Bernstein–von Mises (BvM) theorem holds for power posteriors under regularity conditions. Due to the BvM theorem, power posteriors, when adjusted by the square root of the auxiliary constant, have the same limit distribution ...


Essays On Futures Market And Machine Learning, Jonathan J. Lopez Camara Sep 2022

Essays On Futures Market And Machine Learning, Jonathan J. Lopez Camara

Dissertations, Theses, and Capstone Projects

Chapter 1 - Big Data And Machine Learning To Predict Overnight Interest Rates. This paper is a brief introduction to the two main pieces I have elaborated as part of the dissertation. Here, I explain the reasons why I have done my research about predicting the overnight interest rates for Mexico and the United States using big data and machine learning models. I explain the connection between the two research papers, I define some basic concepts such as future contracts and the overnight funding rate for Mexico. There is a summary about the data I use, and the machine learning models ...


Essays On Inequality, Growth, And Economic Policy, Philipp E. Erfurth Sep 2022

Essays On Inequality, Growth, And Economic Policy, Philipp E. Erfurth

Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters that study inequality and regional economics in a historical and development context.

The first chapter examines regional inequality among Habsburg regions from the 19th century to today’s EU by using Geographic Information Systems (GIS) software to recreate historical regions in present-day projections. The findings suggests that regional disparities are markedly higher today than in the 19th century, despite rapid convergence in the past two decades. The study thus provides evidence of retrospective determinism in the study of the Habsburg economy and suggests that, although regional EU policy has been successful over the past ...


Valuing The Public Benefits Of Green Roofs, Noelwah R. Netusil, Sahan Dissanayake, Lauren Lavelle, Amy W. Ando Aug 2022

Valuing The Public Benefits Of Green Roofs, Noelwah R. Netusil, Sahan Dissanayake, Lauren Lavelle, Amy W. Ando

Economics Faculty Publications and Presentations

Green roofs are being incorporated into stormwater management programs around the world. While numerous studies have estimated the private benefits to the owners and residents of buildings with green roofs, the value of the multiple public benefits received by non-building residents are less well known. We use a choice experiment survey to estimate the public benefits for a proposed green roof program in Portland, Oregon, USA. These benefits include reduced combined sewer overflows, reduced urban heat island effects, and an increase in pollinators such as birds, bees and butterflies. Past investments in stormwater infrastructure have exposed some residents to poor ...


經濟學?講呢啲!, Sung Ming Chow Jul 2022

經濟學?講呢啲!, Sung Ming Chow

經濟學?講呢啲!

劍橋大學經濟學教授張夏準曾說:人們往往覺得經濟學高深莫測,若非專家不宜評頭品足;就連不少經濟學家也這樣想,經濟學還是留給我們這些專家好了!

問題在於:每個人每日都在參與經濟活動,難道就不能用常識來了解經濟?經濟學故弄玄虛的專業術語,真能幫助我們更加認識經濟現實?抑或那只是一套「語言偽術」,一直愚弄著全世界的所有人……包括那些欠缺思考能力的決策官員?

是時候共同掃盲,齊齊走出經濟學的迷障!

Chang Ha-Joon, Reader of Cambridge University once said, people tend to think that economics is difficult, and should be left for the experts; even economists share the same mood, it should better be left to us!

Nevertheless, everybody engage in economic activities everyday. Can’t we just understand economics with common sense? Suffocated by technical jargons, can economics really help us to better grasp economic reality? Or, are they merely chicaneries misleading the whole world……including top government officials who often suffer from Intellectual ...


What, Why And How Financial Development Matters: Evidence Of Asean-5, Asia-5 And Oecd-7 Economies, Swee Liang Tan Jul 2022

What, Why And How Financial Development Matters: Evidence Of Asean-5, Asia-5 And Oecd-7 Economies, Swee Liang Tan

Research Collection School Of Economics

This paper analyzed the association between bank and capital markets financial development with income per capita in three regions; ASEAN-5 economies (Singapore, Malaysia, Thailand, Philippines, Indonesia), Asia-5 (Japan, China, Hong Kong SAR, South Korea and India) and OECD-7 (Australia, Canada, Denmark, Norway, Sweden, UK and US) from 2000 to 2017 using panel data regressions. A ley lesson ASEAN-5 can learn from Asia-5 and OECD-7 experience is that bank size does matter despite digital disruptions to their banking system; yet large financial structure that favors banks is negatively associated with Asia-5, and importantly, efficient banking system (not bank size alone) is ...


What, Why And How Financial Development Matters: Evidence Of Asean-5, Asia-5 And Oecd-7 Economies, Swee Liang Tan Jul 2022

What, Why And How Financial Development Matters: Evidence Of Asean-5, Asia-5 And Oecd-7 Economies, Swee Liang Tan

Research Collection School Of Economics

This paper analyzed the association between bank and capital markets financial development with income per capita in three regions; ASEAN-5 economies (Singapore, Malaysia, Thailand, Philippines, Indonesia), Asia-5 (Japan, China, Hong Kong SAR, South Korea, and India), and OECD-7 (Australia, Canada, Denmark, Norway, Sweden, UK, and US) from 2000 to 2017 using panel data regressions. A key lesson ASEAN-5 can learn from Asia-5 and OECD-7 experience is that bank size does matter despite digital disruptions to their banking system; yet large financial structure that favors banks is negatively associated with Asia-5, and importantly, efficient banking system (not bank size alone) is ...


Nevada Job Gains/Losses, January 2020 - January 2022, Hira Ahmed, Joshua Padilla, Caitlin J. Saladino, William E. Brown Jr. Jun 2022

Nevada Job Gains/Losses, January 2020 - January 2022, Hira Ahmed, Joshua Padilla, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet displays county-level job gains and losses for 17 counties in Nevada, as reported in the March 2022 The Daily Yonder article “Most Recent Jobs Data Shows Rural Employment Is Nearly Back to Pre-Pandemic Level.”


The Impact Of Tourism Specialization On Transition Economies, Robertico Croes, Jorge Ridderstaat Jun 2022

The Impact Of Tourism Specialization On Transition Economies, Robertico Croes, Jorge Ridderstaat

Rosen Research Review

What is the relationship between tourism specialization, economic growth, and human development in transition economies? That’s the question behind a new study led by Rosen Professor Robertico Croes and Assistant Professor Jorge Ridderstaat. Using Poland as a case study, the research looks at the role of tourism in economic and human development since communism fell in the 1990s and the country transitioned from a centrally-driven to a market-led economy.


Inflation Variations In Egypt: An Asymmetrical Analysis Of Pass-Through Effects, Yassmina Rashad Helmi Abouelhassan Jun 2022

Inflation Variations In Egypt: An Asymmetrical Analysis Of Pass-Through Effects, Yassmina Rashad Helmi Abouelhassan

Theses and Dissertations

Inflation variations has become an issue that impedes efficient resource allocation and inclusive growth in Egypt. High inflationary pressures negatively affect standards of living, poverty alleviation and finally markets’ efficiency. For the past decade, Research on the causes of inflation in emerging markets has been closely linked to exchange rates pass-through (ERPT). This is due to its perceived impacts on import prices and terms of trade shocks, which lead to a pass-through effect to domestic inflation. This research aims to contribute to the literature by investigating ERPT in Egypt with a nonlinear Autoregressive distributed lag model (NARDL). Recent research on ...


Impact And Enlightenment Of Eu’S “Industry 5.0” To High-Quality Development Of China’S Manufacturing—Research On Application Of Think Tank Double Helix Methodology, Lu Zhao, Dawei Song, Feng Zhang, Jiaofeng Pan Jun 2022

Impact And Enlightenment Of Eu’S “Industry 5.0” To High-Quality Development Of China’S Manufacturing—Research On Application Of Think Tank Double Helix Methodology, Lu Zhao, Dawei Song, Feng Zhang, Jiaofeng Pan

Bulletin of Chinese Academy of Sciences (Chinese Version)

The world is experiencing a great change with the combined impact of the COVID-19 pandemic. In the post-epidemic era, the world's major economies have begun to plan their strategic adjustments, economic revival and transformation. Industry 5.0, as the EU's new strategy to plan the "New Industrial Revolution" and promote industrial transformation in Europe, has raised wide attentions in the world and has become a hotspot of think tank research. Guided by the think tank double helix methodology, this study constructed a cognitive framework to study industrial strategy and its related complex system issues such as international relations ...


Efectos De La Pandemia En La Participación Laboral, Las Actividades Económicas Y Familiares De Las Mujeres En Popayán (Colombia), Claudia Liceth Fajardo Hoyos, Karen Liseth Atis Ortega, Diana Carolina Cano Pajoy Jun 2022

Efectos De La Pandemia En La Participación Laboral, Las Actividades Económicas Y Familiares De Las Mujeres En Popayán (Colombia), Claudia Liceth Fajardo Hoyos, Karen Liseth Atis Ortega, Diana Carolina Cano Pajoy

Equidad y Desarrollo

El artículo analiza las afectaciones de la pandemia por Covid-19 en el mercado laboral, en las actividades económicas y familiares de las mujeres en el municipio de Popayán y las empresarias del Cauca bajo una perspectiva de género. Para ello, se estima un modelo logit, además se utilizan fuentes de información primaria y secundaria provenientes del DANE, ANIF y Confecámaras. Los resultados muestran que la brecha en participación laboral para las mujeres se incrementó en aproximadamente 3 puntos porcentuales, los datos obtenidos a través de 298 empresarias encuestadas, revelan que estas han tenido que cambiar su actividad económica, hacer uso ...


Three Essays On Public Policy And Welfare In Developing Countries, Alvaro Jeronimo Callejas Jun 2022

Three Essays On Public Policy And Welfare In Developing Countries, Alvaro Jeronimo Callejas

Doctoral Dissertations

Developing countries typically implement public policies that modify the market structure to reach a specific goal. However, in this attempt to achieve a policy objective, policymakers may not consider unintended consequences caused by firms' and consumers' optimizing behavior. Moreover, the reaction of market agents to the implemented policy may undermind its effectiveness or lead to an outcome opposite to the one persuaded. This dissertation uses a set of structural models to assess the welfare effect of both intended and unintended consequences of public policies introduced in developing countries.

In the first chapter, we evaluate the welfare implications of a public ...


Covid's Impact On Nurses & Their Labor Market, Joshua Stanfill Jun 2022

Covid's Impact On Nurses & Their Labor Market, Joshua Stanfill

University Honors Theses

The Covid pandemic has swept across the globe impacting many different kinds of people in many different ways. Businesses and workers experienced changes in how their respective labor markets operated with new incentives. One group of laborers that experienced quite a significant impact are nurses working through the Covid pandemic. The pandemic created new incentives for nurses that heavily impacted their labor market. Through a literature review of scientific studies examining the impacts of working through a pandemic on nurses, I discovered that this was causing psychological and emotional damage to nurses. Covid spurred on an already occurring nursing shortage ...


Unique Conference Design Showcases Small Towns, Highlights Entrepreneurs, And Strengthens Capacity, Carey Andrew Northrop Mr., Katherine M. Jamieson Mrs., Parker B. Jones, Mary A. Reilly, Tyler Augst Jun 2022

Unique Conference Design Showcases Small Towns, Highlights Entrepreneurs, And Strengthens Capacity, Carey Andrew Northrop Mr., Katherine M. Jamieson Mrs., Parker B. Jones, Mary A. Reilly, Tyler Augst

The Journal of Extension

Michigan State University Extension (MSUE)’s annual conference, Connecting Entrepreneurial Communities (CEC), has served as a catalyst for entrepreneurial ecosystems across Michigan since 2012. Designed by MSUE for small towns, CEC has gained national interest as evidenced by the adoption of this conference model by four other Extension services. This article outlines the unique conference design, details the partnership between Extension and host communities, and explores conference evaluation data validating the need to continue this programming. Lessons learned and successes to date are provided to ensure readers learn the value this unique conference format has in Extension entrepreneurship programming nationally.


Working Paper No. 54, Nicholas Georgescu-Roegen And Ecological Economics, Miriam Silverman Jun 2022

Working Paper No. 54, Nicholas Georgescu-Roegen And Ecological Economics, Miriam Silverman

Working Papers in Economics

This inquiry seeks to establish that in his book The Entropy Law and the Economic Process [1971] (2013), author Nicholas Georgescu-Roegen provides a foundation for Ecological Economics. The Entropy Law implies that the economic process is limited because it is reliant on finite natural resources, e.g., fossil fuels and minerals, as the economic process involves relying upon low-entropy natural resources in the production of consumer goods, and then results in the discarding of high-entropy waste, e.g., heat in the form of CO2 and other greenhouse gasses, into the environment, eventually resulting in noticeable degradation. Notably, these ideas ...


Best Cities For Affordable Homeownership In The Mountain West, Kelliann Beavers, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr. Jun 2022

Best Cities For Affordable Homeownership In The Mountain West, Kelliann Beavers, Olivia K. Cheche, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet highlights data on the best cities for affordable homeownership in the Mountain West, based on the SmartAsset report, “Best Cities to Buy an Affordable Family Home – 2021 Edition.” The report is SmartAsset’s second annual study, following the 2020 report, and includes data on 100 of the largest cities in the United States. This fact sheet highlights the rank, index, down payment-to-income ratio, housing costs as a percent of income, and four-year change in homeownership rate within each of the 15 Mountain West cities included in the original report.


Labor Transitions Between Formal And Informal Employment In Egypt, Alaa Mahmoud Al-Barrawi Jun 2022

Labor Transitions Between Formal And Informal Employment In Egypt, Alaa Mahmoud Al-Barrawi

Theses and Dissertations

Informal employment is the hallmark of developing economies. Egypt is no exception to this trend. Those who are informally employed are exceptionally vulnerable as they lack social protection. Moreover, large informal sectors are symptomatic of underdevelopment and have negative repercussions on the economy. Few studies examine the determinants of labor market transitions in Egypt with a focus on transitions between formal and informal labor market states. This study focuses on determinants of labor market transitions in Egypt, relying on the Egyptian Labor Market Panel Surveys of 2012 and 2018. It develops four multinomial logistic regression models to achieve this goal ...


Economic Impact Of The West Virginia International Yeager Airport Expansion, Eric Bowen, John Deskins Jun 2022

Economic Impact Of The West Virginia International Yeager Airport Expansion, Eric Bowen, John Deskins

Bureau of Business & Economic Research

West Virginia International Yeager Airport in Kanawha County serves the largest metropolitan area in West Virginia and has the greatest amount of airplane traffic in the state. The airport has begun construction on a new terminal building and plans a variety of other construction projects in order to upgrade its facilities and handle the expected increased traffic through the area. In this report, we provide an economic impact estimate of the terminal’s expansion and associated growth in region on the West Virginia economy.


How State Governments Can Help Distressed Places, Timothy J. Bartik Jun 2022

How State Governments Can Help Distressed Places, Timothy J. Bartik

Upjohn Institute Policy and Research Briefs

No abstract provided.


How State Governments Can Target Job Opportunities To Distressed Places, Timothy J. Bartik Jun 2022

How State Governments Can Target Job Opportunities To Distressed Places, Timothy J. Bartik

Upjohn Institute Technical Reports

The United States has two types of “place-based” jobs problems: low employment rates in 1) local labor markets and 2) neighborhoods. The local labor market problem can be dealt with by targeting distressed local labor markets for job creation. The neighborhood problem can be dealt with by targeting distressed neighborhoods with programs to improve residents’ job access. This report describes the magnitude of these place-based jobs problems and reviews research on the most cost-effective programs to address these problems. The report also reviews current state government efforts to target job opportunities to distressed places, pointing out that such targeting is ...


Did K-12 School Closure And Reopening Policies In Response To Covid-19 Enlarge The Gender Employment Gap?, Xinyi Wang Jun 2022

Did K-12 School Closure And Reopening Policies In Response To Covid-19 Enlarge The Gender Employment Gap?, Xinyi Wang

Economics Honors Projects

The COVID-19 pandemic hits female workers the most. This impact on the United States’s labor market can be attributed to the limited availability of childcare and schooling options (Stefania and Jiyeon, 2021). With limited resources for childcare and schooling, parents, especially mothers, had to exit the labor force or reduce working hours to stay at home and take care of their children. My study will contribute to understanding the effect of the child penalty, especially under the COVID-19 pandemic and study the impact of school closure and reopening policies. Using data from the Current Population Survey (CPS) combined with ...


Change In Subjective Well-Being, Affluence And Trust In State Governments In India, Vani S. Kulkarni, Veena S. Kulkarni, Katsushi Imai, Raghav Gaiha Jun 2022

Change In Subjective Well-Being, Affluence And Trust In State Governments In India, Vani S. Kulkarni, Veena S. Kulkarni, Katsushi Imai, Raghav Gaiha

Population Center Working Papers (PSC/PARC)

The present study explores the relationship between trust in state governments and changes in subjective well-being in India, drawing upon the nationally-representative India Human Development Survey (IHDS) panel data for 2005 and 2012. Our econometric results confirm that people’s trust in state governments is positively associated with changes in their subjective well-being in economic aspects. To take into account the endogeneity of people’s trust in the state government, we have used the 2SLS model where the trust is instrumented by (i) whether the winning legislators belonged to the ruling party, and (ii) whether the margin of victory over ...


Sensitivity Of Livelihood Strategy To Livestock Production And Marketization: An Empirical Analysis Of Grasslands In Inner Mongolia, China, Saheed Olaide Jimoh, Wenqiang Ding, Haibin Dong, Haihua Bai, Yanting Yin, Huihui Liu, Xiangyang Hou, Xiangyang Hou, Xiangyang Hou, Xiangyang Hou Jun 2022

Sensitivity Of Livelihood Strategy To Livestock Production And Marketization: An Empirical Analysis Of Grasslands In Inner Mongolia, China, Saheed Olaide Jimoh, Wenqiang Ding, Haibin Dong, Haihua Bai, Yanting Yin, Huihui Liu, Xiangyang Hou, Xiangyang Hou, Xiangyang Hou, Xiangyang Hou

Regional Sustainability

Recent researches have primarily focused on the relationship between livelihood strategies and livelihood capital, with few empirical studies on the sensitivity of livelihood strategies to livestock production and marketization in Inner Mongolia Autonomous Region of China. This study used an income distribution approach to categorize livelihood strategies of the respondents (n ​= ​394) into three types, i.e., herder livelihood strategy (LS1), petty-herder livelihood strategy (LS2), and non-herder livelihood strategy (LS3). Using the multinomial logistic regression model, we compared livestock production and marketization across the three livelihood strategies. Our findings showed that (1) livestock production and marketization tended to favor LS1 ...


Interconnections Between Governance And Socioeconomic Conditions: Understanding The Challenges In Sub-Saharan Africa, Fisayo Fagbemi, Geraldine Ejiaka Nzeribe, Tolulope Temilola Osinubi, Simplice Asongu Jun 2022

Interconnections Between Governance And Socioeconomic Conditions: Understanding The Challenges In Sub-Saharan Africa, Fisayo Fagbemi, Geraldine Ejiaka Nzeribe, Tolulope Temilola Osinubi, Simplice Asongu

Regional Sustainability

Given that challenges on the issue of socioeconomic development faced by countries in sub-Saharan Africa (SSA) have been identified as critical to strengthening the inherent link between governance and socioeconomic conditions, this study examines the interconnections between governance and socioeconomic conditions in SSA. With a focus on 25 countries in SSA between 2005 and 2019, we conduct the analysis based on the Panel-Corrected Standard Error and System Generalized Method of Moments estimations and panel causality tests. The results show that SSA does not seem to have the means of effective governance to spur improved socioeconomic conditions. Moreover, the pervasiveness of ...


Housing Affordability For Top Occupations In Nevada Metros, 2022, Kristian Thymianos, Elia Del Carmen Solano-Patricio, Ally M. Beckwith, Caitlin J. Saladino, William E. Brown Jr. Jun 2022

Housing Affordability For Top Occupations In Nevada Metros, 2022, Kristian Thymianos, Elia Del Carmen Solano-Patricio, Ally M. Beckwith, Caitlin J. Saladino, William E. Brown Jr.

Housing & Real Estate

This fact sheet combines housing and employment data from the National Housing Conference (NHC) and the Bureau of Labor Statistics (BLS) to examine housing affordability for the 10 most common occupations in the Las Vegas-Henderson-Paradise, NV and the Reno-Sparks, NV metropolitan statistical areas (MSAs) in Quarter 1 of 2022.