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Social and Behavioral Sciences Commons™

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Economics

University of Nebraska at Omaha

Series

2008

Articles 1 - 7 of 7

Full-Text Articles in Social and Behavioral Sciences

Nebraska’S Immigrant Population: Economic And Fiscal Impacts - Ollas Report No. 5, Christopher Decker, Jerry Deichert, Lourdes Gouveia Oct 2008

Nebraska’S Immigrant Population: Economic And Fiscal Impacts - Ollas Report No. 5, Christopher Decker, Jerry Deichert, Lourdes Gouveia

Latino/Latin American Studies Reports

Immigration issues have once again assumed center stage in policy circles at every level of government in the United States, as the number of new immigrants, many undocumented and many from Latin American nations, has risen markedly in recent years. This is certainly true in Nebraska. According to US Census figures for 2000, the total immigrant population in Nebraska was estimated to be 74,638. By 2006, this figure had risen to 99,500, a 33.3 percent increase. By comparison, the total native-born population in the state grew less than 2.0 percent over the same six-year period.

This study attempts to quantitatively …

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In The Balance: Immigrant Economic Contributions And The Advancement Of Human Rights In Nebraska - Ollas Policy Brief No. 1, Jonathan Benjamin-Alvarado, Lourdes Gouveia Oct 2008

In The Balance: Immigrant Economic Contributions And The Advancement Of Human Rights In Nebraska - Ollas Policy Brief No. 1, Jonathan Benjamin-Alvarado, Lourdes Gouveia

Latino/Latin American Studies Policy Briefs

No abstract provided.

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Endogenous Asymmetric Information And International Equity Home Bias: The Effects Of Portfolio Size And Information Costs, John M. Barron, Jinlan Ni Jun 2008

Endogenous Asymmetric Information And International Equity Home Bias: The Effects Of Portfolio Size And Information Costs, John M. Barron, Jinlan Ni

Economics Faculty Publications

Equity home bias is one of the major puzzles in international finance. This paper investigates the impact of asymmetric information on equity home bias in a rational expectation model where portfolio managers differ in their levels of initial portfolio size and information acquisition is endogenous. The model characterizes the information acquisition and investment decisions made by each portfolio manager, and the resulting equilibrium. We find that portfolio managers with larger portfolio size acquire information about the foreign asset; this is consistent with new evidence linking the degree of home bias across portfolio managers to portfolio size.

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A Long Spell Of Uncertainty, John Austin, Chris Decker, Tom Doering, Ernie Goss, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson, Keith Turner Jun 2008

A Long Spell Of Uncertainty, John Austin, Chris Decker, Tom Doering, Ernie Goss, Bruce Johnson, Lisa Johnson, Ken Lemke, Franz Schwarz, Scott Strain, Eric Thompson, Keith Turner

Economics Faculty Publications

We find ourselves in a period of sustained economic uncertainty. Today, like 6 months ago, the U.S. economy is on the brink of a recession. Weakness in lending activity, coupled with weakness in the housing sector and related manufacturing industries has stymied economic growth since late 2007. At times, recession seems imminent. But, the official measures, such as quarterly gross domestic product, do not clearly signal that the economy is contracting. Further, prices are rising rapidly for food and energy. That is the uncertainty. Will 2008 be remembered as a recession year, or as a period of disappointing but slow …

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Economics Of Science, Arthur M. Diamond Jr. Jan 2008

Economics Of Science, Arthur M. Diamond Jr.

Economics Faculty Publications

No abstract provided.

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Testing The Pecking-Order Theory: Evidence From Chinese Listed Companies, Jinlan Ni, Miaomiao Yu Jan 2008

Testing The Pecking-Order Theory: Evidence From Chinese Listed Companies, Jinlan Ni, Miaomiao Yu

Economics Faculty Publications

The pecking-order theory of capital structure, which predicts that firms prefer internal to external finance, is one of the most influential theories of corporate leverage. This article examines whether the financial structure of China's listed companies follows a pecking order from debt to equity. Using the entire cross-section sample of China's listed companies in 2004, the authors find no evidence that China's listed companies follow a pecking order when they need funds to finance investment projects. Further subgroup analyses indicate that big companies follow a pecking order and small and medium companies do not. These results suggest that the Chinese …

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Institutional Ownership And Firm’S Dividend Policy, Jinlan Ni Jan 2008

Institutional Ownership And Firm’S Dividend Policy, Jinlan Ni

Economics Faculty Publications

This paper examines the linkage between dividend policy and institutional ownership within the context of the dividend model of Allen, Bernardo and Welch (2000). Specifically, it provides an empirical test of Allen, Bernardo and Welch (2000)’s novel implication that a tax differential between institutions and retail investors effects dividend policies. Using merge data of US industrial firms from 1980-2002, our results indicate that the dividend paying decision is positively related with institutional ownership. That is, firms with higher institutional ownership are more likely to be dividend payers. Further, we find that the deferred tax or tax credits that the institutional …

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