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Alianzas Estratégicas, Guillermo Arosemena 2015 SelectedWorks

Alianzas Estratégicas, Guillermo Arosemena

Guillermo Arosemena

No abstract provided.


American And British Strategies In The Competition For Energy Resources In Sub-Saharan Africa, Stefan Andreasson 2015 SelectedWorks

American And British Strategies In The Competition For Energy Resources In Sub-Saharan Africa, Stefan Andreasson

Stefan Andreasson

No abstract provided.


Slow Information Diffusion And The Inertial Behavior Of Durable Consumption, Yulei Luo, Jun Nie, Eric Young 2015 SelectedWorks

Slow Information Diffusion And The Inertial Behavior Of Durable Consumption, Yulei Luo, Jun Nie, Eric Young

Yulei Luo

This paper studies the aggregate dynamics of durable and nondurable consumption under slow information diffusion (SID) due to noisy observations and learning within the permanent income framework. We show that SID can significantly improve the model's predictions on the joint behavior of income, durable consumption, and nondurable consumption at the aggregate level. Specifically, we find that SID can significantly improve the model's predictions for: (i) smoothness in durable and nondurable consumption, (ii) autocorrelation of durable consumption, and (iii) contemporaneous correlation between durable and nondurable consumption.


Convergence In Models With Bounded Expected Relative Hazard Rates, Carlos Oyarzun, Johannes Ruf 2014 SelectedWorks

Convergence In Models With Bounded Expected Relative Hazard Rates, Carlos Oyarzun, Johannes Ruf

Carlos Oyarzun

We provide a general framework to study stochastic sequences related to an array of models in different literatures, including models of individual learning in economics, learning automata in computer sciences, social learning in marketing, and many others. In this setup, we study the asymptotic properties of a class of stochastic sequences that take values in [0,1] and satisfy a property that we call “bounded expected relative hazard rates.” We provide sufficient conditions for related sequences, which, compared to the original sequence, either move slowly or slow down over time, that yield con- vergence to one with high probability or ...


Does Foreign Aid Reduce Tax Revenue? Further Evidence, John Thornton 2014 SelectedWorks

Does Foreign Aid Reduce Tax Revenue? Further Evidence, John Thornton

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 2014 SelectedWorks

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 ...


Cost Effectiveness Of Open Access Publications, Jevin D. West, Ted C. Bergstrom, Carl T. Bergstrom 2014 SelectedWorks

Cost Effectiveness Of Open Access Publications, Jevin D. West, Ted C. Bergstrom, Carl T. Bergstrom

Ted C Bergstrom

Open access publishing has been proposed as one possible solution to the serials crisis—the rapidly growing subscription prices in scholarly journal publishing. However, open access publishing can present economic pitfalls as well, such as excessive article processing charges. We discuss the decision that an author faces when choosing to submit to an open access journal. We develop an interactive tool to help authors compare among alternative open access venues and thereby get the most for their article processing charges. (JEL I2, C1, A1)


The Exporter Productivity Premium Along The Productivity Distribution: Evidence From Quantile Regression With Nonadditive Firm Fixed Effects, David Powell, Joachim Wagner 2014 SelectedWorks

The Exporter Productivity Premium Along The Productivity Distribution: Evidence From Quantile Regression With Nonadditive Firm Fixed Effects, David Powell, Joachim Wagner

David Powell

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 ...


The Modern Drivers Of Productivity, Francesco Venturini 2014 SelectedWorks

The Modern Drivers Of Productivity, Francesco Venturini

Francesco Venturini

This paper studies the role of technology spillovers in productivity growth of OECD countries looking at investments in Information and Communication Technology (ICT) and Research & Development (R&D). We find that both forms of technologically-advanced capital (ICT and R&D) influence total factor productivity (TFP) over the long run: the former effect derives from externalities related to the use of ICT capital, the latter from knowledge spillovers generated by research performed to produce ICT goods. These findings are robust to controlling for import penetration of ICT products and the underlying R&D. Our evidence suggests that: i) investing in ICT ...


Stigmatization And Racial Selection After September 11, 2001, Patrick Leon Mason, Andrew Matella 2014 SelectedWorks

Stigmatization And Racial Selection After September 11, 2001, Patrick Leon Mason, Andrew Matella

Patrick L. Mason

During the 2000s Arab and Islamic American racial identity selection was subjected to an exogenous racializing event, viz., public and private reaction to the Al Qaeda attacks of September 11, 2001. The Al Qaeda attacks clearly demarcate a period in which there was a structural increase in the intensity of US stigmatization of persons with Islamic religious affiliation and Arab ethnicity. This stigmatization created an exogenous reduction in the expected payoff to acculturation relative to non-acculturation. This paper uses self-identification as white as its measure of acculturation and the fraction of all hate crimes directed at Muslims as its measure ...


Reducing The Geographic Variance In Medical Expenditures: The Benefits Of A Primary-Care-Oriented Health System, Noah Bricker 2014 Illinois Wesleyan University

Reducing The Geographic Variance In Medical Expenditures: The Benefits Of A Primary-Care-Oriented Health System, Noah Bricker

Undergraduate Economic Review

The Affordable Care Act states that a primary goal of health care reform should be to lower costs and promote fiscal responsibility. With these two goals in mind, the bill proposes a more primary-care-oriented health system by enacting a 5-year temporary Medicare fee increase for primary care physicians as a means to increase the number of physicians and incentivize more primary care services. Using county and regional level Medicare data, this paper finds that an increase in the number of primary care physicians per capita would reduce per beneficiary Medicare spending and as a consequence, lower national health expenditures substantially.


Digitally Mapping The Growth Of The Railroads In The United States, Michael Weaver 2014 Yale University

Digitally Mapping The Growth Of The Railroads In The United States, Michael Weaver

Yale Day of Data

As part of my dissertation, I creating digital maps of the extent of the railways in the United States during the late 19th century (1880 to 1910) on a yearly basis. While other researchers have created digital maps of the railways in approximately 10-year intervals, this misses out on the rapid change in the railways in the interim. These previous digitization attempts have relied on using detailed maps created of the railways at a given time. But accurate maps were not made on a yearly basis and only exist for roughly every 10 years. However, during the 19th century, people ...


Reflexiones Sobre Sociedad Y Desarrollo En México, Isaac L. Sánchez-Juárez 2014 SelectedWorks

Reflexiones Sobre Sociedad Y Desarrollo En México, Isaac L. Sánchez-Juárez

Isaac L. Sánchez-Juárez

Este libro es resultado de una clase que impartí en el otoño del 2013 en la Universidad Autónoma de Ciudad Juárez en la Maestría en Ciencias Sociales, denominada: Sociedad y Desarrollo, donde tuve la oportunidad de conocer y trabajar con tres estupendos profesionales que pusieron todo su empeño y ánimo para fortalecer su formación. Al finalizar el semestre debía evaluarlos con un ensayo académico y fue ahí cuando nació la idea de presentar dichos trabajos en la forma de un libro para poner su esfuerzo a disposición de un público amplio y no quedar en el olvido.

El resultado fue ...


An Economic Analysis Of Housing Market Instability And Affordability In China, you wang 2014 Illinois Wesleyan University

An Economic Analysis Of Housing Market Instability And Affordability In China, You Wang

Undergraduate Economic Review

Applying an intertemporal optimization model proposed by Aizenman and Marion (1991), this research quantifies instability in the Chinese housing market. Although the Chinese government established numerous real estate policies to ensure the stability of the housing market, the regression analyses indicate that housing policies had no significant impact on the stabilization of the Chinese housing market. Alternatively, macroeconomic factors are identified as significant explanatory variables to the instability of housing prices. In addition, this research computes the median multiple for major cities in China and provides an alternative means of investigating the abnormal housing price situation in China.


The Unseen Cost Of Lowering Labor Market Flexibility On Higher Education Market: Evidence From Cross-Sectional Data From Oecd, Hansol Kim 2014 Illinois Wesleyan University

The Unseen Cost Of Lowering Labor Market Flexibility On Higher Education Market: Evidence From Cross-Sectional Data From Oecd, Hansol Kim

Undergraduate Economic Review

This paper attempts to determine the unseen consequences of lowering labor market flexibility and its impact on individuals’ demand for higher education by using standard OLS multiple regression analysis and cross-sectional data. I examine the independent variables that are theorized to increase the percentage of college diplomas attained in the market. Independent variables are chosen based on what has been studied in the prior literature. This study finds that labor market flexibility has a positive correlation with the percentage of adult population who have a higher education diploma. The results of this study suggest that individuals’ demand for higher education ...


Series 14: Photographs, 1944 - 1989, Mickey Leland Center for Environment Justice and Sustainability 2014 Texas Southern University

Series 14: Photographs, 1944 - 1989, Mickey Leland Center For Environment Justice And Sustainability

Documents

The files included in this section are organized as Series 14 and located in Boxes 1-40.

The Mickey Leland audio-visual collection includes audio recordings, films and video recordings, and a photographic collection.

The Film/Video Collection. Films and videos in this collection range in viewing length from 10 seconds to more than an hour. The videos have been indexed by speakers, those spoken about, bills discussed, government agencies named and specific historic events. Keywords have also been applied in “Notes” to give the user the broadest possible access to the Collection.

The Video Collection has been processed into four categories ...


Cosmopolitanism And Global Justice: A Review Essay Of Cosmopolitan Regard By Richard Vernon, Tiana-Renée C. Silva 2014 Chapman University

Cosmopolitanism And Global Justice: A Review Essay Of Cosmopolitan Regard By Richard Vernon, Tiana-Renée C. Silva

e-Research: A Journal of Undergraduate Work

While geologists may not be able to find physical proof to suggest that the world is shrinking, social scientists are convinced that this is the case. The amount of information that is shared amongst the world's citizens has grown exponentially over the years, and evidence of an increasingly interconnected world can be seen in every facet of our everyday lives from the food we eat to what we watch on television. Thousands of miles that once divided us from one another are now eliminated by telephones, the Internet, and even the ability to make telephone calls over the Internet ...


The Perception Of The Economy Influencing Public Opinion On Immigration Policy, Jeff Sanchez 2014 Chapman University

The Perception Of The Economy Influencing Public Opinion On Immigration Policy, Jeff Sanchez

e-Research: A Journal of Undergraduate Work

Does the majority express interest concerning immigration on the basis of perceived personal economic circumstance and security, or on the basis of its perception of the state of the national economy? This study explains how perception of the state of the economy influences opinion on immigration policy. This study finds that an individual's preferences for varying immigration policies are rooted in his or her perception of the state of the national economy, rather than being narrowly determined by his or her perception of their own economic circumstance and security.


Globalization And Development In Latin America And The Caribbean: A Review, Diego José Romero 2014 Chapman University

Globalization And Development In Latin America And The Caribbean: A Review, Diego José Romero

e-Research: A Journal of Undergraduate Work

Globalization and Development: A Latin American and Caribbean Perspective (2003) is a study of the process of globalization in the economic, political and cultural spheres, focusing mainly on the economic developments. Understanding the process as being multidimensional in nature, the authors, José Antonio Ocampo and Juan Martin, the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) and the Special Advisor to the Executive Secretary respectively[i], analyze globalization as a historic event realized in three well-differentiated phases, which prove, that it is not an irreversible process. The authors define globalization as "the growing influence exerted ...


Senate Finance Committee Testimony On Energy Tax Reform, Gilbert E. Metcalf 2014 SelectedWorks

Senate Finance Committee Testimony On Energy Tax Reform, Gilbert E. Metcalf

Gilbert E. Metcalf

Testimony presented to the full Committee at a hearing held on September 17, 2014.


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