Social and Behavioral Sciences Commons^™

Benchmarking Structural Transformation Across The World, Era Dabla-Norris, Alun H. Thomas, Rodrigo Garcia-Verdu, Yingyuan Chen

Rodrigo Garcia-Verdu

Presentation given at the IMF's Jobs and Growth Seminar on December 13, 2013, based on the IMF Working Paper No. 13/176 with the same name

Preponderancia: Telcel & Televisa, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.

Our Town: A Neighborhood Assessment, Christina Davila, Ramya Kumaran, Calvin P. Lesueur, Brett Michaelson, Renee Petrucelli, Katie Raynor, Daniel Sheets-Poling, Katie Simpson, Matthew Tomlin, Rachelle Ann Wilson

Community Project Design and Management Reports - Sociology

This report addresses the question: What factors have the strongest impact on communal and individual well-being in different neighborhoods in McLean County? It is one part of the larger United Way of McLean County Community Assessment 2014, which will evaluate the assets and needs of McLean County by focusing on respondents’ experiences receiving health and human services. Our findings are based on data from five key informant interviews and four focus groups. This information was collected from four geographically and economically distinct neighborhoods: rural Lexington, East Bloomington, Normal, and West Bloomington. Common themes that emerged from these sessions are: the …

A Dynamic Model Of Competitive Entry Response, Matthew Selove

Business Faculty Articles and Research

I develop a dynamic investment game with a “memoryless” research and development process in which an incumbent and an entrant can invest in a new technology, and the entrant can also invest in the old technology. I show that an increase in the probability of successfully implementing a technology can cause the incumbent to reduce its investment. Under certain conditions, if the success probability is high, the incumbent allows the entrant to win the new technology so that firms reach an equilibrium in which they use different technologies, and threats of retaliation prevent attacks; but if the success probability is …

The National Longitudinal Survey Of Public Health Systems: Selected Findings And Applications For Monitoring The Affordable Care Act, Glen P. Mays

Glen Mays

This presentation reviews the National Longitudinal Survey of Public Health Systems and its applicability for monitoring the effects of the Affordable Care Act on public health delivery within the U.S.

The National Longitudinal Survey Of Public Health Systems: Selected Findings And Applications, Glen P. Mays

Health Management and Policy Presentations

This presentation reviews the National Longitudinal Survey of Public Health Systems and its applicability for monitoring the effects of the Affordable Care Act on public health delivery within the U.S.

Loving: Who Can The Irs Regulate?, Robert D. Probasco

Robert Probasco

¿Qué Hacer?, Jose Luis Sardon

Jose Luis Sardon

Para estimular la economía se deben rebajar impuestos, no tasas de encaje e interés referencial.

The Pope As Economist: Part Ii, Michael Hemesath

Administration Publications

No abstract provided.

An Econometric Analysis Of The “Backward-Bending” Labour Supply Of Canadian Women, Adib J. Rahman

Undergraduate Economic Review

This econometric study investigates the labour supply behaviour of Canadian women at different composite hourly wages of all paid jobs. The objectives of this study are to test the canonical model of labour supply and to observe women's responsiveness to changes in the wage rate by using 2009 cross-sectional data. The results show a backward bending labour supply schedule for Canadian women, and thereby confirm the conclusions reached by the Nakamuras (1981), and Robinson and Thomes (1985).

Good Practices In Standard Setting For Domestic Worker Contracts, Piyasiri Wickramasekara

PIYASIRI WICKRAMASEKARA

The presentation discusses international good practices in model or standard employment contracts in protection of migrant domestic workers. International instruments negotiated by ILO and UN constituents are the best sources of good practices. It outlines the provisions in international instruments, particularly the ILO Convention on Domestic Workers, 2011 (No. 189). The author maintains that for maximum effectiveness, the model/standard contracts should be mutually recognized by countries of origin and destination, and duly enforced to ensure compliance by employers, and supplemented by other measures. The author concludes that there is a large unfinished agenda in ensuring decent work for domestic workers.

The Undergrad's Dilemma: N-Person Games And Information Asymmetry In Undergraduate Course Selection, Michael A. Verlezza

Honors Program Theses and Projects

In 2012, the White House released its College Scorecards for institutions of higher education. In their overview, the White House states that Bridgewater State University in Bridgewater, MA, has a six-year graduation rate of just 51.7 percent. By approaching the question of low graduation rates as a consequence of economic inefficiency, my research led me to treat undergraduate course selection as a Nash n-person game. From there, my investigation led to an analysis of information asymmetry as I attempted to identify the various internal and external information sources driving course selection. Specific attention was given to Bridgewater State’s internal system, …

Puntos De Contacto Entre La Economía Del Comportamiento Y El Derecho De La Propiedad Intelectual: Resultados De Algunas Investigaciones Iniciales, Maximiliano Marzetti

Maximiliano Marzetti

En el presente artículo se describe una nueva escuela económica, la economía conductual y se analiza someramente su potencial aplicación al ámbito del derecho de la propiedad intelectual. A modo ejemplificativo, se reseñan investigaciones de economía conductual que han estudiado la efectividad de los incentivos externos sobre las actividades creativas e innovadoras, el efecto rebote de las acciones civiles contra usuarios que descargan ilegalmente de Internet contenidos protegidos por el derecho de autor y el efecto creatividad que puede distorsionar el funcionamiento de mercado de propiedad intelectual para obras creativas. Finalmente, se destaca el rol de la evidencia empírica para …

A Normative Analysis Of Gambling Tax Policy, Kahlil S. Philander

UNLV Gaming Research & Review Journal

This article surveys the application of normative tax theory to gambling tax policy. The analysis suggests that fixed license based taxes may be preferable to taxes on gross gaming revenue. Where output based taxes are used, the types of gambling whose demand is more price sensitive, and the types that have positive links to other industries, should be taxed at comparatively lower rates. Sin-based taxes are noted to increase economic welfare, but only when applied with a rate commensurate to harm that is external to the gambler and the operator. Finally, inter-jurisdictional competition is identified as an important consideration in …

Keynote Address By Sanusi L. Sanusi, Sanusi Lamido Sanusi

Economic and Financial Review

The keynote address of the Governor, Central Bank of Nigeria at the CBN Executive seminar with the theme Global Capital Flows, Financial Markets and Macroeconomic Stability at Golden Tulip Hotel, Festac Town, Lagos, December 2-5, 2013.

Capital Flows, Capital Control And Exchange Rate Regimes, Jonathan A. Aremu

Economic and Financial Review

The objective of this presentation is to examine the importance of capital controls on the flow of foreign capital under the current circumstance for the benefit of the Nigerian economy. Part II of the paper will look into some critical issues in the global capital flows by identifying the principal agents; structure and trends of the flows; effects; and policy options in managing the flows. In Part III, an attempt is made to review the historical developments of global governance of capital controls since the pre-World War I, while Part IV examines the policy challenges in capital control management strategies. …

Domestic Credit Growth And International Capital Flows: Implications For Monetary Policy Management In Nigeria, Moses K. Tule

Economic and Financial Review

This paper investigates the effect of foreign capital flows on domestic credit growth, specifically, and its implication for monetary policy. The paper is structured into 6 sections. Section 2 provides the review of related theoretical and empirical literature. Section 3 provides stylized facts on the structure and changing structure of domestic credit and international capital flows in Nigeria while section 4 deals with capital flows and the dynamics of monetary policy in Nigeria. Section 5 provides the empirical analysis, while section 6 concludes the study.

Managing The Downside Risks Of Surging Capital Flows On Financial Stability For Sub-Saharan African Countries, Veronica Kalema

Economic and Financial Review

This paper discusses how capital flows has affected the sub-Saharan Africa. It also highlights the fundamental and growth prospects that are likely to continue drawing capital inflow in the future as well as the risk associated with it.

Policy Space For Capital Controls And Macroeconomic Stability: Lessons From Emerging Economies, Christiana E. E. Okojie

Economic and Financial Review

The paper discusses the concept of policy space and the factors influencing policy space in developing economies. It also discusses changing attitudes towards capital controls by researchers and agencies with emphasis on the International Monetary Fund (IMF).

Coping With Capital Flow Volatility: Policy Consideration For Nigeria, Mike I. Obadan

Economic and Financial Review

Foreign capital flows have, from time to time, elicited deep concerns and debates because of their tendency to be volatile besides various macroeconomic and other related effects. Generally, the volatility of capital flows, especially in the form of huge surges pose significant risks and raise concerns about excessive exchange rate appreciation and the corresponding adverse impact on exports and growth.

Mcmeasuring Diplomacy: Modeling Determinants Of International Public Opinion Toward The United States, Luke A. Petach

Student Scholarship - College of Business

This paper is concerned with modeling the extent to which external factors affect political attitudes toward the United States. The data is concerned with how economic, governance, and cultural factors impact attitudes regarding the favorability of the United States in the eyes of the world, and testing the empirical implications of Thomas Friedman’s Golden Arches Theory of Conflict Prevention.

The results suggest a strong negative relationship between a country being a Muslim majority country and the favorability of the United States in that country, a positive relationship between the perceived “Voice and Accountability” of a country and the favorability of …

Growth, Development, And The Natural Resource Curse: Understanding The Asymmetric Gains Of Trade, Low Iishan

Student Scholarship - College of Business

Trade is an essential component of a country’s economy. The flow of goods and services across national boundaries has become emblematic of the modern global economy. Yet, the effects of trade are not constant across countries. Instead, gains from trade have been observed to be asymmetric across the diverse landscape of political economies. Sharma and Morrissey (2005) for example, suggest that while trade liberalization is generally desirable, it does not guarantee growth. Instead, any impact of trade on an economy is conditional upon the initial economic structure and prevailing policy. This makes sense since countries often differ in terms of …

Don’T Judge The S&P 500 By Its Cover: When Expectations Meet Regression, Daniel Freitag

Student Scholarship - College of Business

This study aims to answer whether the health of the United States equities market is a representation of the well-being of the macro-economy. There are two primary goals in this study. The first is to model the determinants of fluctuating stock prices in the short-run. For this reason, data is collected in monthly units intended to represent short-term fluctuations in the S&P price over time. The second is to model the expected impact of recessionary pressures on the performance of equities.

The Financial Determinants Of College Football, Mitchell Adams

HIM 1990-2015

There is a certain tradition, pageantry, rivalry, and glory in college football. It is well known that college football can be a big time money maker and sometimes covers the costs of other athletic teams within a school. However, it is also recognized that many college football programs lose money or struggle to break even. Thus, there is tremendous variability that exists in the amount of resources a school may have and the outcomes in athletic success, while there is not always a one to one correspondence between the two. The purpose of this study is to examine and analyze …

Federal Funding And The Rise Of University Tuition Costs, Megan Kizzort

HIM 1990-2015

Access to education is a central part of federal higher education policy, and federal grant and loan programs are in place to make college degrees more attainable for students. However, there is still controversy about whether there are unintended consequences of implementing and maintaining these programs, and whether they are effectively achieving the goal of increased accessibility. In order to answer questions about whether three specific types of federal aid cause higher tuition rates and whether these programs increase graduation rates, four ordinary least squares regression models were estimated. They include changes in both in-state and out-of-state tuition sticker prices, …

Essays On State Fiscal Institutions, Todd Richard Yarbrough

Doctoral Dissertations

The following three essays investigate the effect various fiscal institutions have on state budgeting decisions. In the first essay, the impact of stringent balanced budget rules on a non-general fund expenditure category, environmental expenditure, is investigated. The essay finds that states with especially stringent balanced budget rules have lower average environmental expenditure than states absent stringent rules. Using a Fixed-Effects panel estimation, the paper finds that stringent balanced budget rules are associated with 1.55% lower per capita environmental expenditure than weak rules. Further, the presence of political interest groups in a state significantly mitigates this reduction, causing environmental expenditure to …

Gmm Estimation Of Spatial Autoregressive Models With Autoregressive And Heteroskedastic Disturbances, Osman Dogan, Süleyman Taşpınar

Economics Working Papers

We consider a spatial econometric model containing a spatial lag in the dependent variable and the disturbance term with an unknown form of heteroskedasticity in innovations. We first prove that the maximum likelihood (ML) estimator for spatial autoregressive models is generally inconsistent when heteroskedasticity is not taken into account in the estimation. We show that the necessary condition for the consistency of the ML estimator of spatial autoregressive parameters depends on the structure of the spatial weight matrices. Then, we extend the robust generalized method of moment (GMM) estimation approach in Lin and Lee (2010) for the spatial model allowing …

(Wp 2013-10) Neuroeconomics And Identity, John B. Davis

Economics Working Papers

This short paper discusses majority and minority views in economics regarding the value of neuroscience for economics – and thus the value of the neuroeconomics research program. It argues that neuroeconomics’ reception ultimately depends on whether economists adopt a philosophy of science thinking closer to what exists in other sciences. It then argues that an inadvertent product of this debate is whether people can be identified as relatively independent agents. The paper concludes with comments on what this debate implies about the conception of the decision-maker as a relatively independent identity.

Capital Flows And Macroeconomic Stability: Theoretical And Conceptual Considerations, Ndubuisi I. Nwokoma

Economic and Financial Review

This article examines the impact of foreign capital flow in industrialised countries. The theoretical foundation for the proposition that capital flows can promote macroeconomic performance and stability of emerging economies was entrenched in the 2-gap model, which posits that development may be hampered by the existence of both the savings and foreign exchange gaps in the developing countries.

Empirical Examination Of Foreign Capital Flows And Growth Nexus In Emerging Economies, Bassem Kamar

Economic and Financial Review

The purpose of this paper is to analyse the effect of foreign capital flows on economic performance in three ways. First, it analyses empirically the direct effect of capital account liberalisation on growth; second, it continues to explore the subject by testing one of the indirect effects of capital flows on economic welfare, namely their influence on competitiveness; and finally, it breaks down the issue further by decomposing capital flows into their specific elements – FDI, portfolio investments, aid, debt, remittances and tests their effect on competitiveness.