Implementing Propensity Score Matching With Network Data: The Effect Of Gatt On Bilateral Trade, 2017 Universitat Pompeu Fabra
Implementing Propensity Score Matching With Network Data: The Effect Of Gatt On Bilateral Trade, Luca De Benedictis, Bruno Arpino, Alessandra Mattei
Luca De Benedictis
Essays On The Law Of One Price In Financial Markets And The Recent Financial Crisis, 2017 The Graduate Center, City University of New York
Essays On The Law Of One Price In Financial Markets And The Recent Financial Crisis, Igor Sorkin
All Graduate Works by Year: Dissertations, Theses, and Capstone Projects
Essay 1: The theory of the Law of One Price (LOOP) is one of the most important theories in International Economics. I use financial markets to revisit the validity of the LOOP in the short run, and then extend the analysis into the long-run to examine whether events such as the Financial Crisis of 2007-2009 can lead to the failure of the LOOP or worsen deviations from it. Using the data on Canadian companies cross-listed on the New York Stock Exchange, I find strong support that the LOOP holds in a cross-sectional framework despite the fact that the sample includes ...
Behind Germany’S Willkommenskultur And Hungary’S Xenophobic Sentiments: Responses To The Syrian Refugee Crisis Within The European Union, Mia Kelliher
International Political Economy Theses
The movement of over 4.5 million Syrian refugees and other migrants fleeing the Syrian civil war has put significant strain on the European Union’s (EU) member states both politically, socially, and economically. This tests a state’s ability and willingness to continue to accept refugees. This paper aims to answer the question of what determines the willingness and the ability of certain EU member states, specifically Germany and Hungary, to accept refugees. While there are many factors that vary from state to state, there are factors that dominate and heavily influence a state’s willingness and ability to ...
Winning The Virtuous Battle, But Losing The War? The Tradeoffs Of Humanitarian Aid And Its Impact On Human Development, 2017 University of Puget Sound
Winning The Virtuous Battle, But Losing The War? The Tradeoffs Of Humanitarian Aid And Its Impact On Human Development, Sierra Miller
International Political Economy Theses
This paper addresses the question of what conditions best enable recipient countries to harness humanitarian aid to create long term human development. In an examination of the 2010 earthquake in Haiti, and the 2004 Indian Ocean tsunami in Sri Lanka, it becomes clear that the conditions that limit humanitarian aid’s potential for human development are more apparent than those that enable it. Political conflict, instability, inequalities, and social divisions in the recipient countries contribute to the limited effect of humanitarian aid on development, but institutional weakness, inconsistency, and competition within the international humanitarian aid community have a larger impact ...
Why Did China Do This? An Analysis On China's New Gasoline "Price Floor" Policy, 2017 Scripps College
Why Did China Do This? An Analysis On China's New Gasoline "Price Floor" Policy, Youhan Ding
Scripps Senior Theses
Why did China choose certain policy over others that would achieve similar impact? Because China has a significant presence in the modern international community, it is difficult yet critical to understand the policy implications of the Chinese government under its unique political and socioeconomic context. This thesis shows the impact of a specific “price floor” policy China chose to employ in its oil and gasoline market, and identifies the factors concerning the Chinese regime that it took into consideration in the decision making process, through analysing data and official statements released by the government. After different parties affected by this ...
Degree Matters: The Impact Of A Leader’S Foreign Education On His Country’S Economic Development, 2017 Claremont McKenna College
Degree Matters: The Impact Of A Leader’S Foreign Education On His Country’S Economic Development, Zhongyi Yu
CMC Senior Theses
I analyze the correlation between a nation leader’s foreign education experience and their nation’s GDP growth and economic freedom in African, Asian, and South American countries. There is a statistically significant correlation between a leader’s foreign education and the country’s GDP growth rate, especially in Africa. Data also shows that a leader’s foreign education is positively correlated with his country’s economic freedom. Despite the fact that the regressions can only demonstrate correlation as opposed to causation relationships among variables, further analysis of the results concludes that a leader’s education and the country’s ...
Mexico Consensus Economic Forecast, Volume 20, Number 1, 2017 University of Texas at El Paso
Mexico Consensus Economic Forecast, Volume 20, Number 1, Thomas M. Fullerton Jr., Adam G. Walke
Border Region Modeling Project
No abstract provided.
The Pdvsa Pricing Puzzle, 2017 Duke Law School
The Pdvsa Pricing Puzzle, Paolo Colla, Anna Gelpern, Mitu Gulati
Market reports in the summer of 2016 suggest that Venezuela is on the brink of default on upwards of $65 billion in debt. That debt comprises of bonds issued directly by the sovereign and those issued by the state-owned oil company PDVSA. Based on the bond contracts and other legal factors, it is not clear which of these two categories of bonds would fare better in the event of a restructuring. However, market observers are convinced — and we agree — that legal and contractual differences would likely impact the payouts on the bonds if Venezuela defaults. Using a comparison of recent ...
Distance-Varying Assortativity And Clustering Of The International Trade Network, 2016 Deutsche Bundesbank
Distance-Varying Assortativity And Clustering Of The International Trade Network, Angela Abbate, Luca De Benedictis, Giorgio Fagiolo, Lucia Tajoli
Luca De Benedictis
Non-Defaultable Debt And Sovereign Risk, 2016 Selected Works
Non-Defaultable Debt And Sovereign Risk, Juan Carlos Hatchondo, Leonardo Martinez, Yasin Kursat Onder
No abstract provided.
Contents, 2016 University of Georgia School of Law
Georgia Journal of International & Comparative Law
No abstract provided.
Emigration, Repatriation And The Reality Of Returned Youth In El Salvador, 2016 The University of San Francisco
Emigration, Repatriation And The Reality Of Returned Youth In El Salvador, Isabel C. Duarte Vasquez
According to US Customs and Border Protection, over 59 thousand unaccompanied minors from the Northern Triangle (Guatemala, Honduras and El Salvador) have been detained at the US border, of those 59 thousand, 17 thousand are from El Salvador. El Salvador is home to some of the most dangerous and ruthless gangs of the twenty-first century. Their ruthlessness comes from 1980s guerrilla warfare experience. In addition, El Salvador serves as a transshipment point for illicit substances from South America into Mexico. These dynamics fuel the homicide rate of the region as local gang members must protect their territory by any means ...
Delivering In Nairobi-And After, 2016 United Nations ESCAP
Delivering In Nairobi-And After, Andrea Spear, Mia Mikic
Education And Economic Dominance, 2016 University of Economics, Prague
Education And Economic Dominance, Daniil Kashkarov
Undergraduate Economic Review
The paper examines the role of national education in achieving leading positions in global economic relations. Theoretical part uses stock of knowledge accumulated by scholars in the sphere related to human capital. Empirical part uses logistic regressions in order to test for relationship between global economic dominance and national education. Membership in the G20 is used in the models as a dependent categorical variable indicating the fact of the worldwide leadership. The models indicate that human capital and its educational part have statistically significant influence on the probability of becoming worldwide economic leader.
Examining International Stock Market Integration: Effects On Portfolio Statistical Moments, Changes To Systematic Risk Significance, And Investor Purchasing Of Foreign Equities, 2016 Western Michigan University
Examining International Stock Market Integration: Effects On Portfolio Statistical Moments, Changes To Systematic Risk Significance, And Investor Purchasing Of Foreign Equities, Justin Kingsley Hanig
The internet provides individuals with the ability to find instantaneous information on nearly every corner of the earth. Increasing correlations of international stock markets suggests investors may use information from different parts of the world to assess the value of the assets they hold in their portfolios. This dissertation examines changes in international stock market behavior to identify the effects of international market integration across a time. More specifically, this dissertation studies the effects of integration on the ability of diversification to reduce risk and skewness of portfolios, how global-wide risks significantly impact country-level index returns, and the equity purchasing ...
Three Essays Assessing Global Value Chain Fragmentation On International Trade Using The World Input-Output Database, 2016 Western Michigan University
Three Essays Assessing Global Value Chain Fragmentation On International Trade Using The World Input-Output Database, Johanna Retana Attoh
The growing fragmentation of supply chains across countries have changed the way nations engage in international trade. Conventionally, studies have used data on exports to measure trade flows; however, the use of this type of data imposes many assumptions that might misrepresent the real world. For instance, the assumption that the supply chain of a product is confined in only the domestic country does not take into consideration the increasing number of foreign inputs needed to produce a final good. In this dissertation, I use the World Input-Output Database (WIOD), since this dataset allows one to track and decompose the ...
Property Rights And International Trade: An Institutional Determinant Of Export Structure, 2016 The University of Southern Mississippi
Property Rights And International Trade: An Institutional Determinant Of Export Structure, Gregory Alan Bonadies
This work investigates the connection, independent of other factors, between a country’s system of law and property rights and patterns of trade. Stronger property rights institutions are hypothesized to lead to greater diversity in exports and a greater proportion of higher value-added exports. Production and export possibilities depend on capital, labor, and technology. Technology is the way in which capital and labor resources can be organized for productive purposes. Property rights condition expressions of technology and thus production possibilities and export potential. Consequently, if property rights vary between countries, then technological expression, production possibilities, and export potential vary as ...
Unequal Exchange In International Trade: A General Model, 2016 Università degli Studi di Urbino
Unequal Exchange In International Trade: A General Model, Andrea Ricci
Policy Measurement And Multilateral Resistance In Gravity Models, 2016 University of Molise
Policy Measurement And Multilateral Resistance In Gravity Models, Luca De Benedictis, Claudio Vicarelli, Maria Pina Cipollina, Luca Salvatici
Luca De Benedictis
Income-Generating Functions In A Low Income Country: Colombia, 2016 Cornell University
Income-Generating Functions In A Low Income Country: Colombia, Gary S. Fields, T. Paul Schultz
Gary S Fields
Income generating functions are statistical tools used to explain income inequality and other economic outcomes and behavior. These functions are often associated with a strict human capital framework, but they need not be. Instead, they may be viewed as a reduced form equation summarizing the relationship between income and various personal and locational characteristics. Following this latter interpretation, we develop the regression and analysis of variance approaches to income generating functions and estimate them empirically using micro-economic data from one low income country, Colombia. Proceeding to increasingly parsimonious specifications of income generating functions, insights are gained into the structure of ...