The Effects Of Economic Factors In Determining The Transition Process In Europe And Central Asia,
2010
Macalester College
The Effects Of Economic Factors In Determining The Transition Process In Europe And Central Asia, David A. Lopez
Award Winning Economics Papers
This paper examines how economic determinants affect foreign direct investment into a sample of Western European and transition countries from 1990 to 2003. The observed differences in the flow of foreign investment into the transition countries, relative to those in Western Europe, provokes the question of whether this phenomenon was determined by the economic factors present in those countries. Using a conceptual model constructed from economic factors that affect FDI inflows, this study considers the sample set for two sub-periods in the transition process, namely the early period from 1990 to 1998 and the later period from 1998 to 2003. …
Determinants Of Foreign Direct Investment In An Emerging Market Economy: Evidence From India,
2010
Bryant University
Determinants Of Foreign Direct Investment In An Emerging Market Economy: Evidence From India, Carlos Resende Jr.
Empirical Economic Bulletin, An Undergraduate Journal
Over the past few years, India has recorded a substantial increase in the level of annual foreign direct investment (FDI) inflows. This paper examines the relationship between foreign direct investment and domestic investment, while using the ordinary least squared technique, and a time series analysis from the period 1979-2008. Building on the prior literature, this paper provides an empirical analysis of domestic determinants of FDI such as size of market, openness to trade, infrastructure, attractiveness to domestic market, and exchange rate instability. In addition, this paper will include technology growth and specific variables to examine local determinates of FDI in …
Illusions Of Market Paradise: State, Business, And Economic Reform In Post-Socialist Russia And Post-1980s Crisis Argentina,
2010
University of Richmond
Illusions Of Market Paradise: State, Business, And Economic Reform In Post-Socialist Russia And Post-1980s Crisis Argentina, Jeffrey K. Hass, Gastón J. Beltrán
Sociology and Anthropology Faculty Publications
The 1980s and early 1990s were characterized by sweeping, radical neoliberal, monetarist-inspired economic reforms designed to correct financial or structural crises. Latin American countries initiated the wave, followed by Eastern Europe and the former USSR, although the timing, scope, and policies varied. Often one reads accounts of friends and foes of reform lined up to do battle in domestic and international alliances. However, reform processes and outcomes do not always follow the formula of reformers versus conservatives; there is more to the balance of power than these all-too-common accounts would suggest. Industrial managers in the Soviet Union and post-Soviet Russia …
The Impact Of Socioeconomic And Environmental Factors On Infant Mortality In The U.S.,
2010
Bryant University
The Impact Of Socioeconomic And Environmental Factors On Infant Mortality In The U.S., Tai Abukasis
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines socioeconomic and environmental agents that may affect infant mortality rates among Whites, Blacks, and Hispanics in the United States. Data was collected at the state level from both federal and private databases. Three separate ordinary least squares regressions were taken for each of the aforementioned demographics. The correlations between the independent variables and infant mortality were examined from a racially-based perspective to further evaluate potential underlying causes regarding geographic, financial, and environmental constituents. Analysis of the regressions revealed that particular variables affect the rate of infant deaths among races differently and that racial disparity continues to exist …
Factors Effecting Gdp Growth In Member States Of The European Union,
2010
Bryant University
Factors Effecting Gdp Growth In Member States Of The European Union, Kris Mortimer
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the GDP growth in member states of the European Union from 1978 until 2007. As most people are well aware of, GDP is calculated by the sum of consumption, government expenditure, investment, and net exports. The research conducted for this paper intends to discover what other variables have affected GDP growth in the past 30 years. The variables used in this paper include the public expenditure on education, total population, inflation, percentage of population who are adolescents (0-14), adults (15-64), or elderly (65+). Today there are twenty-seven member states in the Union from which I have compiled …
The Correlation Of Monetary Policy, Inflation And Stock Returns During Periods Of Inflation And Deflation,
2010
Bryant University
The Correlation Of Monetary Policy, Inflation And Stock Returns During Periods Of Inflation And Deflation, Jason Megaro
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the debated issue of the existence of a relationship between a country’s monetary policy and the relative stock market and stock returns. Specifically, the paper examines the affect and correlation of overnight interest rate (known as federal funds rate in U.S.), inflationary rate and stock returns on and with each other, respectively, during periods of inflation and deflation. The deflationary period investigated is the period of deflation in Japan and the inflationary period examined is over the last decade in the United States. The analysis is performed using multivariate VAR/VEC co-integrating specifications to supplement the results from …
Determinants Of Female Labor Force Participation In United States,
2010
Bryant University
Determinants Of Female Labor Force Participation In United States, Dongni Wan
Empirical Economic Bulletin, An Undergraduate Journal
This paper is trying to discover the determinants of female labor force participation in United States from the year 2000 to 2009. The study contains over 1 million observations through-out the 4 business cycles and the household data from Current Population Survey (CPS) suggested that female labor force participation in the United States was influenced by several factors, namely, educational attainment, family income, marital status, age, race, number of children in the household. Women with higher education level and from wealthier households have a greater tendency of joining the labor force while those with only high school or lower degree …
The Determinants Of Foreign Direct Investment: Evidence From Latin America And The Caribbean,
2010
Bryant University
The Determinants Of Foreign Direct Investment: Evidence From Latin America And The Caribbean, Nicholas Colongeli
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the impact of determinants on the inflows of FDI to the Latin American and Caribbean region. The study incorporates cross-country information to describe incentives influencing flows of FDI into the region from 1992 - 2008. Factors are modeled using a least-squared regression model and are determined as significant. The results from the research and tests performed emphasize the correlation between specific economic indicators and flows of FDI. Using macro – level data from various sources, the results generally suggest that factors such as degree of openness and market size have a positive correlation with FDI flows; whereas, …
The Effect Of Education On Property Crime Across State,
2010
Bryant University
The Effect Of Education On Property Crime Across State, Wes Andrews
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the effects/importance of these independent variables (High School Graduation Rate, GDP growth Rate, GDP per capita, expenditures per capita in terms of police force, expenditures per capita in terms of the court system, employment rate, percentage of people with college degrees, and the average wage rate) on property crimes across the 50 states. The study will use OLS in order to examine the influence of these variables. Based on reviews of other similar studies it is expected that there is a negative correlation between the amount of schooling and property crime.
What Drives The United States Housing Starts,
2010
Bryant University
What Drives The United States Housing Starts, Myles Ojala
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the determinants of new housing starts within the United States. Using recent monthly data, this study will consider factors such as residential building permits, long and short-term mortgage rates, savings rates, and mortgage availability, to show how each of these variables influence the U.S housing market in the form of residential housing starts. Using a VAR model, this paper will show the impact that the vector variables have on each other, and especially, housing starts. By using a split set of data, this paper will also show the impact of the vector variables on housing starts during …
Determinants Of Savings In Latin American Countries,
2010
Bryant University
Determinants Of Savings In Latin American Countries, Jamie Walker
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the determinants of the Savings per capita in Latin American Countries during the years 2002 to 2005 and their significance. Using these years provides a look at how the Latin American Countries emerged from an inflation prone society in the 1990’s to a diverse economic body according to Hernan Buchi the former finance minister of Chile. The study takes several models and applies them towards the Latin American Countries of Argentina, Brazil, Chile, Colombia, Costa Rica, Ecuador, Dominican Republic, Guatemala, Honduras, Mexico, Panama, Peru, Uruguay, and Venezuela. The study will use macro-level data to determine which of …
Capm In Up And Down Markets: Evidence From Six European Emerging Markets,
2010
University of Gothenburg
Capm In Up And Down Markets: Evidence From Six European Emerging Markets, Jianhua Zhang, Clas Wihlborg
Business Faculty Articles and Research
The pricing of equity in six European emerging capital markets is analysed using both the conventional CAPM and a ‘conditional’ CAPM wherein up and down markets are separated. International influences on the stock markets are also analysed. The empirical evidence from a sample of 1,131 firms from the six markets indicates that there exists a significant relationship between beta and returns when up and down markets are separated. The international CAPM performs well in some markets that have become increasingly integrated with the world market. The general implication of the analysis is that beta can be a useful risk-measure for …
The Long-Run Relationship Between Inflation And Unemployment In Malaysia,
2010
Bryant University
The Long-Run Relationship Between Inflation And Unemployment In Malaysia, Matthew Tremblay
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates the long-run relationship between inflation and unemployment in the economy of Malaysia between 1972 and 2004. Basing my model off of an investigation by Fair (1997), this study will attempt to quantify the relationship between inflation rates, unemployment, wage rates, changes in production, and a measure of demand pressure. Using macro-level data from various sources, it is expected that the results will suggest periods of high inflation are directly related to high unemployment, decreased wage rates, lower production levels, and substantially weak demand pressures.
The Impact Of An Economic Recession On Etf Sectors: Which Etf Sectors Are Most Recession-Proof?,
2010
Bryant University
The Impact Of An Economic Recession On Etf Sectors: Which Etf Sectors Are Most Recession-Proof?, Salvatore Galbo
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates which ETF sectors are most recession-proof by focusing on sector performance and finding the possibility of a positive or negative correlation between specific sectors and the overall market performance during such recessionary times. The study compares the percentage gain or loss by each ETF sector with regression analysis to determine which sectors perform better than the overall market performance during an economic downturn. The study incorporates the most recent recession and the recession during 2001, when the technology bubble burst occurred, to find any relevance and/or consistency in my study. The results show that out of all …
Determinants Of Rental Rates In Major Cities In The United States,
2010
Bryant University
Determinants Of Rental Rates In Major Cities In The United States, Roy Ruivo
Empirical Economic Bulletin, An Undergraduate Journal
The focus of this paper is to determine variables that contribute to rental rate pricing. Using U.S. Census data pertaining to all cities in the United States with populations over 100,000 in 2005, this paper furthers a study of inter-city rent determinants within New York City provided by Marco (2008) using additional variables provided by Gilderbloom and Pan (2002) in their inter-city study. This report studies the impact of variables, including vacancy rates, median family income, population growth rate, and average housing costs. The population variable will be manipulated so that it represents density, which provides an accurate representation of …
Labor Productivity, Inflation, And Unemployment's Relationship With Wage Formation In The United States,
2010
Bryant University
Labor Productivity, Inflation, And Unemployment's Relationship With Wage Formation In The United States, Peter Longhi
Empirical Economic Bulletin, An Undergraduate Journal
This paper discusses unemployment, labor productivity and inflation’s effect on wage formation in the United States. This paper looks at a very well researched topic of wage formations relation to unemployment and labor productivity to see if there is a long term homogenous relationship between the wage levels and the dependent variables. By using quarterly data from 1996 to 2009, I will attempt to observe if wages are following the classical theoretical relationship in the United States. The specified time period will allow us to observe a distinct boom and bust in the economy. I expect to find a long …
An Analysis Of Gender Based Wage Differential Among Teachers In The United States,
2010
Bryant University
An Analysis Of Gender Based Wage Differential Among Teachers In The United States, Kendal Glen Cehanowicz
Empirical Economic Bulletin, An Undergraduate Journal
Do teachers with similar experience and age but different genders earn the same income? This study investigates the income of teachers relative to their age, education, experience, race and gender. Studies have shown that inequality in the gender wage gap is a trend which closed for almost two decades, but has recently widened again. This study identifies a specific line of work where injustice can be seen and aims to bring this knowledge to light. The Current Population Survey (CPS) data set from 2005-2009 will be used for this study. This study finds empirical evidence that gender differences do in …
Why You Pay What You Pay At The Pump,
2010
Bryant University
Why You Pay What You Pay At The Pump, Jason Orne
Empirical Economic Bulletin, An Undergraduate Journal
This paper investigates several factors that strongly influence the day to day consumer price of Gasoline in America. This study incorporates existing information on the most likely variables that should influence gasoline prices from the beginning of 2006 to the very end of 2009. The study looks at contributing factors that include the average price of gasoline from the week before (pennies per gallon), the current weeks average oil price (Dollars per barrel), the previous weeks average oil price (Dollars per barrel), and the US production, and consumption of gasoline (1000 barrels per day). Using macro-level data from the US …
The Crime Rate In America: How Influential Is The Economy In Affecting The Level Of Crime?,
2010
Bryant University
The Crime Rate In America: How Influential Is The Economy In Affecting The Level Of Crime?, Joseph Kuhar
Empirical Economic Bulletin, An Undergraduate Journal
This paper explores the determinants of the crime rate, and whether or not the economy and its many indicators play a substantial role in affecting this rate. Many factors affect the crime rate in a given country/state/area including the number of police, the rate at which crime is reported, as well as the population. This paper will explore the following variables: the crime rate (dependent), number of police, conditions that affect the crime rate, the reported crime rate, and the reporting rate. It will also analyze the following economic conditions and whether or not they have a substantial effect on …
Determinants Of Hyperinflation: An Analysis Of Argentina,
2010
Bryant University
Determinants Of Hyperinflation: An Analysis Of Argentina, Eric Fudge
Empirical Economic Bulletin, An Undergraduate Journal
This paper examines the history of inflation rates in Argentina compared to other economic factors, including: GDP, national budget, money supply, exchange rate, and unemployment levels. Using data from the World Bank and Centre of International Economics this paper will give insight into some of the causes of high inflation levels that were evident in Argentina throughout the 1980s, peaking with hyperinflation in 1989 and 1990. Results from analyzing statistics pertaining to Argentina’s economy from 1980 to present suggest that perpetual budget deficits led the government to print money more rapidly, causing a significant decrease in currency valuation and thus …
