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Full-Text Articles in Social and Behavioral Sciences
Giving To Get: A Neorealist Explanation Of Japan’S Foreign Aid Program, Tiana Steverson Pugh
Giving To Get: A Neorealist Explanation Of Japan’S Foreign Aid Program, Tiana Steverson Pugh
CMC Senior Theses
Many countries use aid as a political tool, but Japan is unique in that foreign aid is one of its most important foreign policy tools. Drawing from literature on donor motivations for aid-giving, this paper argues that the neo-realist view of aid-giving offers the best explanation for why Japan provides aid. More specifically, Japan’s aid-giving is motivated by its pursuit of economic and strategic goals. This underlying motive for aid-giving necessarily impacts how Japan provides aid and how it uses aid to respond to human rights violations in recipient countries.
Are Volatility Expectations In Different Countries Interdependent? A Data-Driven Solution To Structural Var Identification For Implied Equity Volatility Indices, Timothy H. De Silva
Are Volatility Expectations In Different Countries Interdependent? A Data-Driven Solution To Structural Var Identification For Implied Equity Volatility Indices, Timothy H. De Silva
CMC Senior Theses
Over the past couple of decades, the number of volatility indices has increased rapidly. These indices seek to represent the market’s expectation of realized volatility over the coming month, based on the prices of options traded on each underlying equity index. Although the dynamics of realized volatility spillover have been studied extensively, very few studies exists that examine the spillover between these volatility indices. By using DAG-based structural vector autoregression, this paper provides evidence that implied volatility spillover differs from realized volatility spillover. Through solving the well-known VAR identification problem for these indices, this paper finds that Asia, more specifically …
The Fear Factor: Determinants Of Entrepreneurial Fear Of Failure, Pema Donyo
The Fear Factor: Determinants Of Entrepreneurial Fear Of Failure, Pema Donyo
CMC Senior Theses
This thesis aims to investigate determinants of fear of failure in entrepreneurial activity that could inhibit starting a business. The study uses cross-sectional, pooled OLS, and panel regressions. The dependent variable is fear of failure regarding entrepreneurship, measured with the Global Entrepreneurship Monitor (GEM) survey question of whether fear of failure would prevent the responder from starting a firm. The unit of analysis is at country level. I categorize determinants into demographic, property rights, and procedural variables. A population of higher working age ratio (measured as the population aged 15-64 divided by the population aged 65 and over) correlates with …
Introducing The Stability Theory In Alliance Politics: The Us, Japan, And South Korea, Rachel Cone
Introducing The Stability Theory In Alliance Politics: The Us, Japan, And South Korea, Rachel Cone
CMC Senior Theses
Analyzing the current state of the United States' alliances with both Japan and South Korea underscores the failure of the traditional alliance theory concepts, realism, liberalism, and constructivism, to adequately describe their continuation. Introducing a concept termed the stability theory to alliance theory explains the current trajectories of the US-Japan and US-South Korea alliances. Stability theory is an extension of the conception of the three aforementioned theories and hedging, and is based in part upon the inherent inertia resisting change, in a long-standing alliance. In setting the stage for the introduction of stability theory, the past, present, and future of …