Does Foreign Aid Reduce Tax Revenue? Further Evidence, 2014 SelectedWorks
Does Foreign Aid Reduce Tax Revenue? Further Evidence, John Thornton
A common criticism of foreign aid is that it reduces domestic tax effort. Empirical research on the issue has been hampered by the failure to tackle endogeneity issues effectively. We use measures of geographical and cultural distance to donor countries as instrumental variables to uncover the causal effect of aid on tax revenue in a panel of 93 countries. The tax to GDP ratio is found to decrease following aid inflows. This reduction in tax effort is statistically and economically significant; a one SD increase in aid causes a 0.52 percentage point drop in the tax-to-GDP ratio. The results ...
Teacher Quality At The High-School Level: The Importance Of Accounting For Tracks, C. Kirabo Jackson
C. Kirabo Jackson
Unlike in elementary school, high-school teacher effects may be confounded with both selection to tracks and unobserved track-level treatments. I document sizable confounding track effects, and show that traditional tests for the existence of teacher effects are likely biased. After accounting for these biases, high-school algebra and English teachers have much smaller test-score effects than found in previous studies. Moreover, unlike in elementary school, value-added estimates are weak predictors of teachers’ future performance. Results indicate that either (a) teachers are less influential in high school than in elementary school, or (b) test scores are a poor metric to measure teacher ...
The Exporter Productivity Premium Along The Productivity Distribution: Evidence From Quantile Regression With Nonadditive Firm Fixed Effects, David Powell, Joachim Wagner
A vast literature on the international activities of heterogeneous firms finds the existence of a positive exporter productivity premium. On average, exporting firms are more productive than firms that sell on the national market only. The Melitz (2003) model, however, has implications for not only mean differences but also differences in the distribution of productivity. Furthermore, exporting firms may be different from non-exporting firms for reasons that are not included in the Melitz model. We believe that conditioning on firm fixed effects and studying the distribution of productivity are both necessary for empirical tests of the Melitz model. This paper ...
When Does A Platform Create Value By Limiting Choice?, 2014 SelectedWorks
When Does A Platform Create Value By Limiting Choice?, Ramon Casadesus-Masanell, Hanna Halaburda
We present a theory for why it might be rational for a platform to limit the number of applications available on it. Our model is based on the observation that even if users prefer application variety, applications often also exhibit direct network effects. When there are direct network effects, users prefer to consume the same applications to benefit from consumption complementarities. We show that the combination of preference for variety and consumption complementarities gives rise to (i) a commons problem (to better satisfy their individual preference for variety, users have an incentive to consume more applications than the number that ...
A Tale Of Two Cities? The Heterogeneous Impact Of Medicaid Managed Care, 2014 University of Kentucky
A Tale Of Two Cities? The Heterogeneous Impact Of Medicaid Managed Care, James Marton, Aaron Yelowitz, Jeffrey Talbert
Evaluating Accountable Care Organizations is difficult because there is a great deal of heterogeneity in terms of their reimbursement incentives and other programmatic features. We examine how variation in reimbursement incentives and administration among two Medicaid managed care plans impacts utilization and spending. We use a quasi-experimental approach exploiting the timing and county-specific implementation of Medicaid managed care mandates in two contiguous regions of Kentucky. We find large differences in the relative success of each plan in reducing utilization and spending that are likely driven by important differences in plan design. The plan that capitated primary care physicians and contracted ...
Willingness To Pay For Vehicle To Grid (V2g) Electric Vehicles And Their Contact Terms, George R. Parsons, Michael K. Hidrue, Willett Kempton, Meryl P. Gardner
George R. Parsons
Vehicle-to-grid (V2G) electric vehicles can return power stored in their batteries back to the power grid and be programmed to do so at times when the grid needs reserve power. Since providing this service can lead to payments to owners, it effectively reduces the life-cycle cost of owning an electric vehicle. Using data from a national stated preference survey, this paper presents the first study of the potential consumer demand for V2G electric vehicles. In a choice experiment, 3029 respondents compared their preferred gasoline vehicle with two V2G electric vehicles. The V2G vehicles were described by a set of electric ...
Gender And Race Heterogeneity: The Impact Of Students With Limited English On Native Students' Performance, Tim Diette, Ruth Uwaifo Oyelere
Ruth Uwaifo Oyelere
The influx of immigrants has shifted the ethnic composition of public schools in many states including North Carolina. Recent evidence from North Carolina suggests that a larger share of Limited English students is associated with a slight decline in performance solely for students at the top of the achievement distribution. The heterogeneous peer effects by achievement level lead us to explore in this paper whether the increased immigration has differential effects by gender and race. Utilizing fixed effect methods that allow us to address possible endogeneity with respect to the schools students attend, we find evidence of heterogeneous peer effects ...
Predicting Tourist Inflows To Punta Cana, Dominican Republic, Using Google Trends, 2014 Utah State University
Predicting Tourist Inflows To Punta Cana, Dominican Republic, Using Google Trends, Michelle E. De La Oz Pineda
All Graduate Plan B and other Reports
This paper seeks to demonstrate that the incorporation of search statistics in autoregressive models used to predict the arrivals of tourists to Punta Cana, Dominican Republic, improve the predictive power of the models. This paper explores whether the Internet search information in “Punta Cana” in the United States and Canada between January 2004 and August 2013, reflects the behavior of this variable in real time by using nowcasting methodology that combines variables with different frequencies of time. We find that including the searches of “Punta Cana” that Canadians make on Google in the first week of a month helps predict ...
Long-Term Unemployment In The Great Recession, 2014 Northeastern University
Long-Term Unemployment In The Great Recession, Rand Ghayad
This dissertation consists of three essays that employ theoretical, experimental and empirical tools to investigate recent labor market issues concerning the outward shift in the Beveridge curve and the rise in long-term unemployment.
The first chapter (with William Dickens), entitled "What Can We Learn By Disaggregating the Vacancy and Unemployment Relationship", explores the nature of the change in the vacancy and unemployment relationship since the end of the Great Recession by disaggregating the data by industry, age, education, and duration of unemployment, and by examining blue- and white-collar groups separately. The bulk of the evidence suggests that the outward shift ...
Economic Importance Of Keynesian And Neoclassical Economic Theories To Development, Prince Opoku Agyemang
Prince Opoku Agyemang
This paper aims to explore the economic importance of the Keynesian and the neoclassical economic theories towards economic development. The first part of the essay will give an introductory overview on fiscal and monetary policies for a better understanding of the debate. Part two will focus on the general knowledge behind the Keynesian economics theory, part three will further examine the neoclassical theory and part four will give an overview on the economic importance of both theories. Part five will be the conclusion. In all aspect of human endeavors, the study of economics becomes a very important tool in analyzing ...
The New Leadership Paradigm In Today’S Financial System: Foreign And Domestic Banking, Valencia Tamir Johnson
Valencia T Johnson
This article discusses the important of new leadership paradigm in today’s financial system and the importance the growth of foreign banking and investment in the United States and abroad. The article provides approaches that would inspire and develop effective leadership within financial organizations (foreign and domestic banking activities among investments, competitiveness, and improving the financial industry).
Unifying Systems For Population Health: Infrastructure, Incentives & Evidence For Collective Action, 2014 University of Kentucky
Unifying Systems For Population Health: Infrastructure, Incentives & Evidence For Collective Action, Glen P. Mays
This presentation, part of the SBM Presidential Symposium on Aligning Family, Clinical, and Community Systems, reviews the collective action problems that are commonly encountered in implementing multi-sector population health improvement strategies, and examines research on ways of using public health strategies and infrastructure to overcome these problems.
Demand For Breach, 2014 University of Pennsylvania Law School
Demand For Breach, Tess Wilkinson-Ryan
These studies elicit behavioral evidence for how people weigh monetary and non-monetary incentives in efficient breach. Study 1 is an experimental game designed to capture the salient features of the efficient breach decision. Subjects in a behavioral lab were offered different amounts of money to break the deal they had made with a partner. 18.6% of participants indicated willingness to break a deal for any amount of profit, 27.9% were unwilling to breach for the highest payout, and the remaining subjects identified a break-point in between. Study 2 is an online questionnaire asking subjects to take the perspectives ...
Preventing Cold War: Militarization In The Southernmost Continent And The Antarctic Treaty System's Fading Effectiveness, Dillon A. Redding
Dillon A Redding
This note argues that the preservation of Antarctica for peaceful research and internationally cooperative activity as envisioned originally by the Antarctic Treaty in 1961 has gone unrealized amid growing international interest in the strategic advantages offered by Antarctica, including the possibility of large swathes of mineral deposits and optimal locations for satellite stations. Part 1 describes the motivations behind the Antarctic Treaty System (ATS) and outlines the relevant provisions of the Antarctic Treaty. Part 2 examines the military advantages to a state presence in Antarctica and the ways in which the ATS allows for such a presence to be carried ...
An Interview With Samuel Bowles, University Of Massachussetts, Amherst, 2014 University of Kentucky
An Interview With Samuel Bowles, University Of Massachussetts, Amherst, Jeff Popke, Todd Lewis, Caedmon Staddon
disClosure: A Journal of Social Theory
No abstract provided.
Family Ties: Occupational Responses To Cope With A Household Income Shock, 2014 SelectedWorks
Family Ties: Occupational Responses To Cope With A Household Income Shock, Maria Cesira Urzi Brancati
Maria Cesira Urzi Brancati
In this paper we analyse household members’ reactions in case of unforeseen negative income shocks due to a transition into unemployment and/or into income support. More specifically, we estimate the impact of an income loss suffered by one household member on the probability that another household member – not necessarily the wife - transit from out of the labour force into employment or into workforce. Since in a lifecycle setting the labour supply of secondary workers is also affected by credit constraints, we take into account financial wealth and liabilities as well as a measure of household illiquidity due to housing ...
Preparedness Of Americans For The Affordable Care Act, 2014 SelectedWorks
Preparedness Of Americans For The Affordable Care Act, Silvia Helena Barcellos, Amelie Wuppermann, Katherine Carman, Sebastian Bauhoff, Daniel L. Mcfadden, Arie Kapteyn, Joachim K. Winter, Dana Goldman
Silvia Helena Barcellos
No abstract provided.
¿Crecimiento O Prosperidad?, 2014 SelectedWorks
¿Crecimiento O Prosperidad?, Alejandro Faya Rodriguez
Alejandro Faya Rodriguez
No abstract provided.
Fuel Poverty And The Energy Benefits System: The Italian Case, 2014 SelectedWorks
Fuel Poverty And The Energy Benefits System: The Italian Case, Paola Valbonesi, Raffaele Miniaci, Carlo Scarpa
In this paper we discuss a number of ways to define and measure the affordability of energy consumption, and we examine the emergence of fuel poverty in Italy in the period from 1998 to 2011. The paper examines the eligibility criteria for claiming the benefits available to support energy consumption for vulnerable families and it identifies the potential beneficiaries. The study assesses the appropriateness of the eligibility criteria by comparing the population targeted by the policy with the population actually living in fuel poverty. A simulation exercise, using the hypothetical scenario most likely to result in energy benefits being made ...
Recidivism And The Convict Labor Market, 2014 Georgia State University
Recidivism And The Convict Labor Market, Alex Basinger
Georgia State Undergraduate Research Conference
No abstract provided.