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Full-Text Articles in Economics

Defining Equity And Addressing The Social Determinants Of Equity In International Development Evaluation, Kelly N. Robertson Dec 2015

Defining Equity And Addressing The Social Determinants Of Equity In International Development Evaluation, Kelly N. Robertson

Dissertations

The purpose of equity-focused evaluation is to examine the relationship between the evaluand and (1) experiences of social groups with different levels of advantage/disadvantage, and (2) the social determinants of equity, which shape those experiences. Equity-focused evaluation has emerged within the field of international development evaluation because of an increased emphasis on equity in the achievement of international development goals. However, empirically based theoretical and practical guidance on equity-focused evaluation is limited. There has not been a detailed examination of how equity—the conceptual root of equity-focused evaluation—is defined and differentiated from similar concepts in the field, despite having important implications …


What Will The Neighbors Think? Perceptions Of Failure Intolerance On Individual Entrepreneurial Intention In The Rural Midwest, Brock M. Stout Dec 2015

What Will The Neighbors Think? Perceptions Of Failure Intolerance On Individual Entrepreneurial Intention In The Rural Midwest, Brock M. Stout

Dissertations

Entrepreneurship is increasingly considered the most efficacious economic development intervention, but employing research-informed efforts is important. Extensive literature links the perception of a local culture’s intolerance of business failure to extinguishing of entrepreneurial intention in a community. Some research refutes that link. This study investigated the influence of perceived failure intolerance (PFI) on entrepreneurial intention—and the influence of self-efficacy on perceived failure intolerance—in the rural Midwestern United States. The study employed a modified Delphi methodology to analyze the decision-making processes of potential entrepreneurs as interpreted by experts in rural entrepreneurship. The study provides data about the interaction of human capital …


The Impact Of Uncertainty On Data Revision, Pei-Ju Sung Dec 2015

The Impact Of Uncertainty On Data Revision, Pei-Ju Sung

Dissertations

Initial estimates of macroeconomic variables based on incomplete source data can be unreliable. Because of the methodology used by reporting agencies and the presence of reporting errors in the survey data, I argue that initial-released output estimates tend to be irrational and unreliable under uncertainty. Using U.S. nominal and real output real time data from 1985 to 2014 and the Economic Policy Uncertainty (EPU) index proposed by Baker et al. (2013), I investigate the impact of economic policy uncertainty on aggregate output data revisions, modeling the output revisions, and the effect of output data revision on inflation forecasts.

In Chapter …


Three Essays On Capital Regulations And Shadow Banking, Diny Ghuzini Jun 2015

Three Essays On Capital Regulations And Shadow Banking, Diny Ghuzini

Dissertations

The shadow banking sector is a sector that is comprised of financial intermediaries that do not have access to central bank funds and performs their activities outside the regular banking system. This sector had been rapidly growing in most developed economies. This dissertation focuses on the behavioral difference and interaction of the traditional and shadow banking sectors as displayed by the relative asset position of both sectors, their risk-taking positions, and their business-cycles properties.

The first essay examines the impact of minimum capital requirements on the share of shadow to total banking assets. Previous literature has argued that increased regulation …


A Study In How Linking Social Capital Functions In Community Development, Julie Burress Jordan May 2015

A Study In How Linking Social Capital Functions In Community Development, Julie Burress Jordan

Dissertations

This qualitative dissertation explores how linking social capital is mobilized in community development and proposes an analytical framework for studying linking social capital relationships unique from bonding and bridging social capital. Linking social capital defines those relationships that are acting to bridge individuals across institutional boundaries and can be particularly important in rural, less developed regions. Although not frequently used in empirical studies, linking capital is typically measured by counting membership in external groups or associations. This study revealed the most direct benefit from linking social capital was financial support from intermediary agencies. Additionally, linking social capital has indirect community …


Three Essays On Racial Wage Differentials In South Africa, Ochas Kashinge Pupwe May 2015

Three Essays On Racial Wage Differentials In South Africa, Ochas Kashinge Pupwe

Dissertations

Wage gaps amongst the different racial groups in South Africa, have remained high post-apartheid. With the enactment and implementation of several empowerment programs aiming at reversing racial marginalization, it is puzzling to see the persistent wage gaps between the white minority and non-white majority. This dissertation seeks to ascertain factors that may account for the persistent wage gap.

The first essay tests for the presence of over-education and its effects on wage determination amongst South Africa’s racial demographic groups. The results indicate that whites were over-educated whilst marginalized populations exhibited significant levels of under-education in 1991 and 2011 and hence …


Three Essays On Panel Data Estimation, Alexander Houser May 2015

Three Essays On Panel Data Estimation, Alexander Houser

Dissertations

This work discusses various aspects of panel data estimation. In chapter one, an algorithm for semiparametric random effects estimation is proposed. The performance of bootstrap-based confidence intervals for the proposed estimators are examined and found reasonable. The algorithm is also applied to a set of U.S. state level medical expenditure data to estimate the medical Engel curve. In the second chapter, the predictive performance of various parametric and semiparametric panel data estimators is compared on the same dataset of U.S. state level medical expenditures as well as out of sample forecast performance and bootstrap bias-corrected mean square errors of the …