Economics Commons^™

Bubbly Booms And Welfare, Feng Dong, Yang Jiao, Haoning Sun

Research Collection School Of Economics

We show the competing effects of a housing bubble on the real economy by developing a multi-sector dynamic model with housing production. On the one hand, firms can sell or collateralize their housing, so a housing bubble helps firms obtain credit to finance their investment and expand production. On the other hand, a boom in the housing sector crowds out labor in the non-housing sector. We show that housing booms can reduce social welfare both in the steady state and in the transitional dynamics only when the production externalities in the non-housing sector are sufficiently large. We quantitatively evaluate our …

Cross-Exchange Crypto Risk: A High-Frequency Dynamic Network Perspective, Yifu Wang, Wanbo Lu, Min-Bin Liu, Rui Ren, Wolfgang Karl Hardle

Sim Kee Boon Institute for Financial Economics

Cross-exchange crypto trading presents inherent risks, particularly for centralized exchanges. Investors observe exacerbating crypto volatility and counterparty risk and would like to quantify these elements of crypto trades. The multiple exchanges require a multivariate view on the structures of risk spillover across exchanges. Here, a Multivariate Heterogeneous AutoRegression (MHAR) model is designed and analyzed, accommodating the stylized facts of crypto markets, including 24/7 trading and the long-memory effect on return variations. The proposed MHAR approach clearly reveals the intensity of interconnectedness among exchanges during extreme events, e.g., the Bitcoin market. Additionally, one observes extremely volatile eigenvector centralities of Futures Exchange …

Can Corporate Sustainability Performance (Csp) Overcome Indonesia's Corporate Debt Problems?, Johnson Ferry Febrian, Nora Sri Hendriyeni

Jurnal Akuntansi dan Keuangan Indonesia

Based on IMF publications (2022), Indonesian companies have a risky debt level that may cause bankruptcy, so companies are required to make leverage adjustments to return the debt to its optimal level. In recent years, corporate sustainability performance (CSP) practices have been proven to improve performance and overcome financial problems such as debt by integrating sustainability aspects into business processes. Based on stakeholder theory and trade-off theory, this study aims to examine the effect of CSP on leverage adjustment and the role of competitive advantage, equity mispricing, profitability, and firm size in moderating this relationship. This study used a sample …

The Effect Of Fiscal And Monetary Policy On Public Debt In Egypt, Malak Mohamed

Theses and Dissertations

The thesis aims to examine the effect of monetary policies and fiscal policies on public debt in Egypt during the period from 2006 until 2021. Egypt is witnessing aggravated levels of debt, with limited fiscal and monetary space. Therefore, the objective of the paper is to analyze the effect of discount rates, inflation rates, subsidies, taxes and economic growth on debt-to-GDP in Egypt using a VAR model with an extended test of Impulse Response Function. The results suggest that a positive shock in government expenditures initially decreases public debt but leads to a fluctuating increase in the debt-to-GDP ratio in …

Policy Frameworks And Citizens’ Use Of Fintech Solutions: The Pros And Cons In Egypt, Salma Al-Mohamady

Theses and Dissertations

This thesis provides a comprehensive analysis of the significant influence of financial technology (FinTech) on the banking industry, consumer finance, and economic growth. It specifically concentrates on the swiftly changing FinTech environment in Egypt. The study investigates the impact of incorporating advanced technologies on worldwide financial practices, which has significantly transformed traditional banking models and facilitated the emergence of inventive financial services. The transition is clearly apparent in Egypt, where the expansion of FinTech has been driven by advances in regulations, adaptation to technology, and a population that is becoming more comfortable with digital solutions.

Using a combination of quantitative …

Unraveling The Nexus: Social Spending, Development, And Breaking The Cycle Of Poverty, Yasmin Shehata

Theses and Dissertations

This study examines the role of development, as indicated by the Human Development Index (HDI), in shaping the connection between social public spending on health, education, and social protection and poverty in terms of the poverty headcount ratio at $3.65/day (2017 PPP). Empirical analysis is used to this end, employing a panel dataset of 68 countries at varied stages of development over the period 1995-2021. The empirical model is estimated using the Fixed Effects Two-stage Least Squares (2SLS). It is also re-estimated using the Instrumental Variable Generalized Method of Moments (IV-GMM) and Limited Information Maximum Likelihood (LIML) to test the …

The Extreme Rise Of The Fast Fashion Industry From Country To Country: Does Consumer Behavior Differ Cross Culturally Regarding Fast Fashion Between The United States And European Countries?, Madison R. Feuerbacher

Apparel Merchandising and Product Development Undergraduate Honors Theses

Abstract

The apparel industry has various categories of fashion. One of these categories known more readily today as fast fashion. Fast fashion has gained immense global popularity over the past decade. The concept of fast fashion apparel involves producing vast amounts of product as quick as possible to sell to the consumer at an aggressively low price. It is important to understand this current phenomenon of the global rise of fast fashion as well as understand the devastating effects our environment is facing because of it. As the vocalization of the harmful effects of fast fashion have become more prevalent …

Allocating Vehicle Registration Permits, Massimiliano Landi, Domenico Menicucci

Research Collection School Of Economics

We compare social welfare, consumer surplus and profits in two different institutional settings in which an item whose quantity is fixed and controlled (vehicle registration permit) is allocated to the buyers of a complementary good (car). In the first setting, which resembles the way in which vehicle registration permits are allocated in Singapore, the central planner runs a uniform price auction for permits in which the consumers who bid the highest receive the permits and pay the highest losing bid. Then each winning consumer purchases a car from a seller. In the alternative setting, the central planner first allocates the …

Better Understanding The Risks And Costs Of Motherhood In The Post-Roe United States, Mackayla Wall

Honors Theses

This paper reviews the literature on the risks and costs of motherhood. The paper compares and analyzes various studies conducted between 1990 and 2023 relating to family planning, pregnancy, and maternal health in America. Changes in healthcare legislation and policies, as well as access to contraception and abortion, have all had an impact on the economic costs of pregnancy and motherhood. These changes emphasize the importance of better understanding the economic costs of pregnancy and motherhood in all its stages— from timing pregnancy to recovering from pregnancy and birth and experiencing childrearing costs. When analyzing previous studies, I discovered that …

How To Get Away With Insider Trading And How To Stop It?, Blade H. Kisler

Honors Theses

The realm of investing, while promising, is often clouded by complexity and opacity, exacerbated by the prevalence of insider trading. This unethical practice allows select individuals to amass vast fortunes by exploiting confidential information unavailable to the public. Particularly alarming is the possibility of insider trading within Congress, where lawmakers wield privileged access to non-public information and could possibly engage in lucrative stock transactions. This paper delves into specific coincidences of Congressional stock trading to underscore the systemic nature of this phenomenon among influential figures.

The Effects Of Short-Term Rentals On Communities And How To Legislate Them: An Expanded Literary Review, William Cherry

Finance Undergraduate Honors Theses

A literary review of the economic and socioeconomic effects of short-term rental properties, specifically the commercialization of the industry based upon other research studies. An in-depth look at how commercialized short-term rentals effect the younger generation, hospitality industry, housing market, communities they reside in, and other externalities. A further review of different legal case studies of short-term rental legislation in major cities across the globe and their varying degrees of effectiveness.

The Effect Of Crime On Mental Health In South Africa, Magda Tsaneva, Lauren-Kate Laplante

Economics

This paper examines the impact of district-level crime rates in South Africa on individual depression symptoms. We use panel data from the National Income Dynamics Survey collected between 2008 and 2014 and estimate an individual fixed effects regression model, thus controlling for characteristics of the individual's environment that could affect crime and mental health. We find that an increase of one standard deviation in property (violent) crime is associated with a 7.2 (8.7) percentage point increase in the probability of depression symptoms. Analysis of potential mechanisms suggests that indirect exposure to crime likely affects mental health by increasing stress rather …

Drip Irrigation And Water Conservation In Onions; An Economic Analysis, Jenny De Boer

All Graduate Reports and Creative Projects, Fall 2023 to Present

Water diversions for irrigated agriculture have contributed to increased water stress in drought prone areas across the globe. Previous research finds that farmers increase irrigation intensity per unit of product grown, increase total area under irrigation, and switch to more water intensive crops to increase yields and compensate for the cost of drip irrigation installation. Other studies have shown that drip irrigation can produce yields that parity surface irrigated yields or even surpass them using less water and increasing profits. Ultimately this plot trial showed drip irrigated onion yields were 6.31% greater than surface irrigated onion yields using an average …

Exploring Farmers' Willingness To Accept Payment For Agricultural Conservation In Utah, Asif Ahmed Khan

All Graduate Theses and Dissertations, Fall 2023 to Present

In view of Utah’s drought situation and the need for conservation of water use, this thesis tries to calculate the compensation required for farmers to switch from cultivating alfalfa-which requires a lot of water, to less water-consuming crops like wheat, hay and even pasture. It proposes a new technique for this calculation using big data, including satellite images from National Aeronautics and Space Agency (NASA), agricultural statistics from National Agricultural Statistics Service (NASS), climate data from Parameter-elevation Regressions on Independent Slopes Model (PRISM) climate group and land use data from the state of Utah. These data are integrated into a …

How Do Immigration And Technological Growth Affect One Another? Providing Guiding Principles For Policymakers, Nate Karren

All Graduate Reports and Creative Projects, Fall 2023 to Present

The relationship between immigration and technological growth is more nuanced than a simple statement of positive or negative correlation. How one affects the other varies depending on the skill level of the immigrant and the field where they work. Conclusions drawn by the literature form patterns that can be used to best understand the relationship between immigration and technology. High-skilled immigration boosts technological development through a complementary relationship, but low-skilled immigration can be a complement or a substitute with technological growth depending on the sector. Policymakers interested in promoting long-term economic growth through technological growth should have a clear picture …

Get Smart About Your Money, Sharonda Singleton Brown, Imani Beverly, Jacquelyn J. Daniel

Georgia Library Quarterly

“Get Smart About Your Money” was an event held at the Atlanta University Center (AUC) Robert W. Woodruff Library for Money Smart Week 2023. The goal of the event was to introduce the new business librarian, promote financial literacy in the Atlanta University Center community, and participate in National Money Smart Week.

Charting The History Of Social And Economic Analyses In The North-East Atlantic, Ospar, Region: Lessons Learned And Future Opportunities, Rob Van Der Veeren, Philip A.S. James, Maria G. Alarcon Blazquez, Xander Keijser

Journal of Ocean and Coastal Economics

Over the past decade, the North-East Atlantic region has witnessed a substantial increase in social and economic analyses related to ocean and coastal management. This article offers a comprehensive overview of this progress, focusing on the work of the International Cooperation Group - Economics and Social Analysis (ICG-ESA) within the OSPAR Commission. While highlighting ICG-ESA's contributions to the OSPAR Quality Status Report 2023, the paper underscores the necessity of integrating social analyses into OSPAR's decision-making processes. It calls for sustained efforts to prevent regression in the achieved progress, stressing the importance of accountability and collaboration among OSPAR and its contracting …

Understanding The Influences Of Hedonic Personality Towards Advertising Avoidance On Social Media, Diera Desmonda, So Yohanes Jimmy, Mohammad Annas

The South East Asian Journal of Management

Research Aims: This study aims to investigate and explore how the hedonic personality that exists in each individual can influence avoidance behaviour towards advertisements on social media platforms.

Design/Methodology/Approach: A quantitative approach with a purposive sampling technique was employed to collect data from 198 respondents who have shopped or at least searched for products on social media. The data were then analysed using the Structural Equation Modelling (SEM) technique.

Research Findings: The results showed that hedonic personality affected advertising avoidance behaviour. Through multigroup analysis, this research found differences in how men and women respond to an advertisement. On the other …

Feminist Political Ecology In The Classroom, Ella J. Yeigh

Northwest Journal of Teacher Education

As the effects of climate change are being felt more frequently, discussions on how to combat such a massive issue are increasingly prevalent. Finding solutions to the climate crisis requires an understanding of how mainstream economic systems have led to the climate crisis and using these same principles to get out of the climate crisis is misguided. Economic actions have inherent value biases that have real political effects. Feminist Political Ecology (FPE) as a theoretical model presents a better understanding of how values that are inherent in economic models such as reliance on efficiency, markets, and continual economic growth have …

Investigation Of The Effect Of The Covid-19 Pandemic On Anxiety Levels And Career Satisfaction Of Dentistry Students, Furkan Kır, Ata Batuhan Bayrak, Mediha Büyükgöze-Dindar

Journal of Dentistry Indonesia

Objective: This study aimed to investigate the effect of the COVID-19 pandemic on the anxiety levels and career satisfaction of dentistry students. Methods: A total of 220 dentistry students were included in the study. A questionnaire was mailed to dentistry students at Trakya University between June 2021 and January 2022. Beck Anxiety Inventory (BAI) was used to evaluate anxiety levels. Data were analyzed, and p < 0.05 was considered statistically significant. Results: The mean BAI scores of the participants were 14.6 ± 13.6. The anxiety levels of the females were significantly higher than the males (p = 0.004). There was a significant relationship …