Open Access. Powered by Scholars. Published by Universities.®

International Economics Commons

Open Access. Powered by Scholars. Published by Universities.®

2829 Full-Text Articles 2156 Authors 900112 Downloads 148 Institutions

All Articles in International Economics

Faceted Search

2829 full-text articles. Page 1 of 90.

Bayesian State Space Representation Model: Applications To Macroeconomics And International Finance, Hiroshi Morita 2018 The Graduate Center, City University of New York

Bayesian State Space Representation Model: Applications To Macroeconomics And International Finance, Hiroshi Morita

All Dissertations, Theses, and Capstone Projects

This dissertation develops three new econometric models using Bayesian state space representation model in order to apply to macroeconomics and international finance. It consists of 3 chapters. Chapter 1 develops a Markov mixture model of macroeconomic fundamentals to analyze the short-run dynamics of foreign exchange rates. In our model, foreign exchange rates are simultaneously determined by three parities: the interest rate parity, the inflation rate parity, and the equity return rate parity. Using four exchange rates: the U.S. dollar price of the British pound, the German mark, the Japanese yen, and the Canadian dollar, the findings are: (1) Our ...


International Migration In Macro-Perspective: Bringing Power Back In, Marcel Paret, Shannon Gleeson 2018 University of California - Berkeley

International Migration In Macro-Perspective: Bringing Power Back In, Marcel Paret, Shannon Gleeson

Shannon Gleeson

This paper challenges the inward looking perspective of recent immigration research by situating migration to the United States within a global and historical context. This macro-stratification perspective breaks out of the confines of national contexts to explore how international migration is shaped by global power divides. We argue that in order to fully understand international migration, it is necessary to account for both the emergence of global power structures and the historical domination of Europe. We develop our argument by first outlining the significance of global power divides, with a particular focus on the United States. We then demonstrate how ...


The Effect Of Network Ethnic Segregation On Wage Formation: The Case Of Sri-Lankan Immigrants In The City Of Milan, Italy, Luca De Benedictis, Valerio Leone Sciabolazza, Raffaele Vacca 2018 University of Florida

The Effect Of Network Ethnic Segregation On Wage Formation: The Case Of Sri-Lankan Immigrants In The City Of Milan, Italy, Luca De Benedictis, Valerio Leone Sciabolazza, Raffaele Vacca

Luca De Benedictis

This paper delves into well-known results on the positive effects of social networks on job search in immigrant communities, to explore the informational content provided by social networks of acquaintances and its effects on the economic attainment of Sri Lankan immigrants in Milan, Italy. Using data from a 2012 survey on personal networks and daily activity spaces of Sri Lankan immigrants in Milan, we analyze co-location and intersection of activity spaces to reconstruct the socio-centric network of likely acquaintances of interviewed immigrants. We then derive an inverse measure of the extent to which a Sri Lankan immigrant is exposed to ...


The Cultural Legacy Of Communism In Entrepreneurship: Entrepreneurial Perceptions And Activity In Central And Eastern Europe, Amy Wu 2018 Claremont McKenna College

The Cultural Legacy Of Communism In Entrepreneurship: Entrepreneurial Perceptions And Activity In Central And Eastern Europe, Amy Wu

CMC Senior Theses

Using data from the Global Entrepreneurship Monitor, this paper examines differences in entrepreneurial perceptions (fear of failure, opportunity perception, self-efficacy, public opinion) between CEE and non-CEE countries, before and after the 2008 recession, as well as the effects of these perceptions on entrepreneurial motivation and overall levels of activity. The results suggest that CEE countries have systematically more pessimistic outlooks in terms of fear of failure and opportunity perception, but no difference from non-CEE countries in self-efficacy and public opinion. Additionally, most of the difference in fear of failure and opportunity perception, along with an increase in necessity-motivated entrepreneurship, comes ...


The Political Economy Of Participation In The Euro: A Case Study Of Italy And Germany, Thomas Schalke 2018 Claremont McKenna College

The Political Economy Of Participation In The Euro: A Case Study Of Italy And Germany, Thomas Schalke

CMC Senior Theses

This thesis analyses the political economy of the decision of Italy and Germany to participate in the euro. The emphasis is on understanding the economic rationales employed in each country in support of euro membership.

For Italy, the central argument is that Italy outsourced monetary policy management to the ECB in order to delimit deficient domestic policy making and import German monetary credibility. This transferred the costs of monetary orthodoxy to Europe, and the thesis briefly examines places where we might observe those costs.

For Germany, the argument is that, out of respect for the national humiliation and shame of ...


The Long-Term Effects Of The Historical Roman Road Network: Trade Costs Of Italian Provinces, Luca De Benedictis, Anna Maria Pinna, Vania Licio 2017 University of Verona

The Long-Term Effects Of The Historical Roman Road Network: Trade Costs Of Italian Provinces, Luca De Benedictis, Anna Maria Pinna, Vania Licio

Luca De Benedictis

This paper explores the connection between current trade costs and the historical Roman road network for the 107 Italian provinces (NUTS3), testing whether differences on modern trade costs between provinces can be traced back to the long-lasting impact of the Roman road system. By constructing a specific measure of Roman road intensity for each Italian province and relying on an instrumental variables approach, the empirical analysis gives evidence of the causal effect of infrastructure on trade costs. The results suggest that having an integrated system of roads, as it was during the Roman domination, plays an important role on current ...


International Reserves And Rollover Risk, Javier Bianchi, Juan Carlos Hatchondo, Leonardo Martinez 2017 Selected Works

International Reserves And Rollover Risk, Javier Bianchi, Juan Carlos Hatchondo, Leonardo Martinez

Leonardo Martinez

No abstract provided.


Immigrant Entrepreneurs, Diasporas And International Trade, Massimiliano Bratti, Luca De Benedictis, Gianluca Santoni 2017 DEAS, University of Milan

Immigrant Entrepreneurs, Diasporas And International Trade, Massimiliano Bratti, Luca De Benedictis, Gianluca Santoni

Luca De Benedictis

In this paper we highlight a new complementary channel to the business and social network effect a la Rauch (2001) through which immigrants generate increased export flows from the regions in which they settle to their countries of origin: they can become entrepreneurs.
Using very small-scale (NUTS-3) administrative data on immigrants' location in Italy, the local presence of immigrant entrepreneurs (i.e. firms owned by foreign-born entrepreneurs) in the manufacturing sector, and on trade flows in manufacturing between Italian provinces and more than 200 foreign countries, we assess the causal relationship going from diasporas and immigrant entrepreneurs towards export flows ...


Water Poverty And Its Impact On Income Poverty And Health Status In Sudan: The Case Of Gezira State (1993-2013), Mutasim Abdelmawla 2017 University of Gezira, Department of Economics

Water Poverty And Its Impact On Income Poverty And Health Status In Sudan: The Case Of Gezira State (1993-2013), Mutasim Abdelmawla

International Journal of African Development

Water resource development can address poverty, improve well-being, and enhance people's opportunities in different fields of life. Even though water resources are available in Sudan, some parts of the country still continue to face significant water provision challenges. This research is aimed at measuring water poverty in Gezira State, Sudan over the period of 1993-2013 using the methodology of Sullivan et al. (2003). The research employed data collected from the Central Bureau of Statistics, Khartoum, Sudan. Both descriptive and empirical approaches are used to analyze the data. The average incidence of the water poverty index (WPI) over the period ...


The Aid Effectiveness Architecture In Africa: An Analysis Of Aid Structures In Kenya’S Agriculture Sector, Daniel Kipleel Borter 2017 University of Melbourne

The Aid Effectiveness Architecture In Africa: An Analysis Of Aid Structures In Kenya’S Agriculture Sector, Daniel Kipleel Borter

International Journal of African Development

This study examines in detail the development aid architecture in Kenya’s agriculture sector. The focus is on the mechanisms in place within the Kenyan government (and ministry of agriculture in particular), mechanisms among and within donor agencies, and overall coordination mechanisms that bring together the donors and the government. Findings show that coordination and harmonization activities among donors are yet to yield the desired outcomes such as the division of labor protocol and joint programming. Weaknesses are also observed on the government side where it appears authorities are yet to internalize PD concepts and interpret them to suit the ...


Does Privatization Improve Productivity? Empirical Evidence From Ethiopia, Tadesse Wodajo, Dawit Senbet 2017 Catholic University of America

Does Privatization Improve Productivity? Empirical Evidence From Ethiopia, Tadesse Wodajo, Dawit Senbet

International Journal of African Development

Theoretically, it is posited that privatization enables the private sector to play a dominant role in the economy by enhancing competition, productivity and efficiency. When evaluated using these criteria, privatization of the manufacturing industries has failed in Ethiopia. Our empirical results show that, at best, privatization did not result in improving productivity, and at worst, it led to a decline in productivity. We argue that the main reason for this outcome is the unique economic and business environment prevailing in Ethiopia, which does not allow the standard economic assumptions of market competition to hold. Ethiopia’s ‘private sector’ can be ...


Editorial Note, Sisay Asefa 2017 Western Michigan University

Editorial Note, Sisay Asefa

International Journal of African Development

No abstract provided.


International Journal Of African Development, Vol. 4, Issue 2, 2017 Western Michigan University

International Journal Of African Development, Vol. 4, Issue 2

International Journal of African Development

Complete issue of International Journal of African Development, Volume 4, Issue 2 - Fall 2017.


Antinomies Of Globalization, Yahya Mete Madra 2017 Drew University

Antinomies Of Globalization, Yahya Mete Madra

Markets, Globalization & Development Review

The defining antinomy of the post-2008 crash phase is argued to be the one between neoliberalism and populism. This essay aims to complicate the terms of this antinomy and offers a reading that problematizes the association of neoliberalism with internationalism and globalization on the one hand and populism with nationalism and anti-imperialism on the other. Not only internationalism in its historical origins is an anti-imperialist concept but also today we can easily discern how reactionary forms of populist nationalisms are made possible by globalization of finance—a hallmark of neoliberalism. The essay concludes with a discussion of the possibility of ...


Why The World Needs A Reserve Asset With A Hard Anchor, Warren Coats, Dongsheng Di, Yuxuan Zhao 2017 Renmin University of China

Why The World Needs A Reserve Asset With A Hard Anchor, Warren Coats, Dongsheng Di, Yuxuan Zhao

Warren Coats

From the 1970s, the global currency system has two features: the use of one or a few sovereign currencies as the global reserve asset and the floating exchange rate regime between major currencies.This paper points out that the costs of the dollar’s use as an international reserve currency exceed the benefits for both the US and the rest of the world. These costs include the exporting of American manufacturing as a byproduct of its current account deficit needed to supply its currency to the rest of the world. In addition to the detriment to trade from unpredictable exchange ...


Disaster And Recovery: The Effects Of Post-Disaster Aid On Economic Development, Joshua M. Drouin 2017 Murray State University

Disaster And Recovery: The Effects Of Post-Disaster Aid On Economic Development, Joshua M. Drouin

Steeplechase

The effects of aid on economic development is topic typically studied from the perspective of corruption and allocative efficiency. We examine aid to less developed nations from a different viewpoint; assuming aid reaches the intended recipients, does it actually benefit them? We utilize Indonesia and the 2004 earthquake and tsunami as a natural experiment to observe the influx of aid, and compare the regions development before and after the disaster. By establishing a baseline before the disaster, and utilizing a new start point after the destruction, we can gauge the reconstruction efforts and observe whether aid is beneficial or harmful ...


Questioning The Advances In Global Trade: An Assessment Of The Development Chapter In The Trans-Pacific Partnership, Alice Gerow 2017 University of Pennsylvania

Questioning The Advances In Global Trade: An Assessment Of The Development Chapter In The Trans-Pacific Partnership, Alice Gerow

SPICE: Student Perspectives on Institutions, Choices and Ethics

The Trans-Pacific Partnership is on its way to becoming the largest trade deal ever made and proposes to write the rules for global trade. The TPP includes several novelties in trade negotiation such as a chapter specifically interested in issues surrounding development. This paper offers a content-based analysis of the TPP’s Development chapter to gauge the value of this symbolic addition. In order to make this assessment, the United Nations Conference for Trade and Development, the intergovernmental organization responsible for assisting developing nations in the negotiation of trade deals, serves as a reference point for the representation of developing ...


Does “America First'' Help America? The Impact Of Country Image On Exports And Welfare, Pao-Li CHANG, Tomoki FUJII, Wei. JIN 2017 Singapore Management University

Does “America First'' Help America? The Impact Of Country Image On Exports And Welfare, Pao-Li Chang, Tomoki Fujii, Wei. Jin

Research Collection School Of Economics

This paper estimates the effects of bilateral and time-varying preference bias on trade flows and welfare. We use a unique dataset from the BBC World Opinion Poll that surveys (annually during 2005-2017 with some gaps) the populations from a wide array of countries on their views of whether an evaluated country is having a mainly positive or negative influence in the world. We identify the effects on bilateral preference parameters due to shifts in these country image perceptions, and quantify their general equilibrium effects on bilateral exports and welfare (each time for an evaluated exporting country, assuming that the exporting ...


Local Environmental Quality And Inter-Jurisdictional Spillovers, John W. Hatfield, Katrina Kosec 2017 Stanford University

Local Environmental Quality And Inter-Jurisdictional Spillovers, John W. Hatfield, Katrina Kosec

Katrina Kosec

We investigate the classic question of how the provision of a local publicly-provided good--air quality--varies with the degree of decentralization of policymaking. Exploiting exogenous variation in the natural topography of the United States to instrument for the number of local government jurisdictions in a metropolitan area, we show that areas with more jurisdictions have significantly lower air quality, and significantly higher concentrations of the toxic air pollutants most closely associated with cancer and non-cancer health risks. Moreover, we estimate that this increase in pollution lowers housing values by at least 3%. By contrast, local drinking water quality--a publicly-provided good not ...


Geopolitics Of Rare Earth Elements, Bert Chapman 2017 Purdue University

Geopolitics Of Rare Earth Elements, Bert Chapman

Libraries Faculty and Staff Presentations

Rare earth elements (REE) contain unique chemical physical properties such as lanthamum, are found in small concentrations, need extensive precise properties to separate, and are critical components of modern technologies such as laser guidance systems, personal electronics such as IPhones, satellites, and military weapons systems as varied as Virginia-class fast attack submarines, DDG-51 Aegis destroyers, the F-35 Joint Strike Fighter, and precision guided munitions. The U.S. has some rare earth resources, but is heavily dependent on access to them from countries as varied as Afghanistan, Bolivia, and China. Losing access to these resources would have significant adverse economic, military ...


Digital Commons powered by bepress