Ten Years Of Economic Analyses For The European Marine Strategy Framework Directive: Overview Of Experiences And Lessons Learned, Rob Van Der Veeren, Ann Kathrin Buchs, Günter Hörmandinger, Soile Oinonen, Conceição Santos, Max Vretborn
Journal of Ocean and Coastal Economics
The European Marine Strategy Framework Directive, which came into force in 2008, requires from Member States inter alia to perform various (types of) economic analyses. In order to help Member States to implement this directive, the European working group on Economic and Social Analysis was initiated in 2009. This working group has developed various guidance documents which have been very useful in helping each other to understand the Directive and its requirements, to develop one language, to understand the pros and cons of various approaches, and to share experiences. However, up until now, outside of this working group this information ...
Accounting For Agent Heterogeneity In Market And Policy Analysis, 2018 University of Nebraska-Lincoln
Accounting For Agent Heterogeneity In Market And Policy Analysis, Konstantinos Giannakas
The proposed research will develop a novel, empirically relevant, integrated, multi-market framework of policy analysis that explicitly accounts for consumer and producer heterogeneity. In particular, this new policy analysis framework will explicitly account for differences in consumer preferences or/and incomes and agricultural producers differing in education, experience, location and quality of land, management skills, technology adopted etc. In addition to accounting for consumer and producer heterogeneity, the new policy analysis framework will account for imperfectly competitive input suppliers, processors or/and retailers, as well as for the links and interactions between the agri-food supply channels ...
Foreign Capital Inflows And Economic Well-Being: A Statistical Analysis Of 46 Sub-Saharan African Countries From 1995-2015, Alexander M. Csanadi
Undergraduate Economic Review
Variation in the economic well-being among sub-Saharan African countries is among the highest of any region in the world. This paper attempts to address this disparity by exploring the role of foreign capital inflows. This project extends the concept of well-being beyond GDP growth, to include measures of poverty and inequality. A multivariate regression analysis finds that the observed capital inflows have significant effects on all three measurements of well-being. Findings suggest that the level of affluence of the domestic population has significant effects on the ability of those populations to translate diaspora remittances into improvements in well-being.
Accounting For Leverage In Intangible And Tangible Investments Across The Business Cycle, 2018 Boston University
Accounting For Leverage In Intangible And Tangible Investments Across The Business Cycle, Neil Mauskar
Undergraduate Economic Review
In this paper, I study the role of the leverage ratio and its impact on investing in tangible and intangible goods. The results confirm the hypotheses outlined in the introduction. Specifically, the results show that when accounting for differences in the leverage ratio between firms, investment is cyclical. However, when looking only at firms with low leverages, intangible investing becomes countercyclical. Moreover, during recessions, firms with lower leverages tend to invest more than firms with higher leverages. Finally, the results argue for the existence of financial frictions between investing in tangibles and intangibles.
Essays On Parental Leave And Family Labour Supply, 2018 The University of Western Ontario
Essays On Parental Leave And Family Labour Supply, Youjin Choi
Electronic Thesis and Dissertation Repository
This thesis studies married couples' decisions regarding labour supply, fertility, and take-up of parental leave. Importantly, it emphasizes household interactions in a family labour supply framework where husbands and wives jointly make decisions.
In Chapter 2, I describe how differences in married individuals' time allocations between Canada and the U.S. may be related to different parental leave policies in the two countries. First, I document background information on parental leave policies and take-up behaviour in the two countries. Second, I analyze married individuals' time allocations using data from the General Social Survey (GSS) for Canada and American Time Use ...
Essays In New Keynesian Monetary Policy, 2018 The Graduate Center, City University of New York
Essays In New Keynesian Monetary Policy, Tzu-Hao Huang
All Dissertations, Theses, and Capstone Projects
The dissertation consists of three Chapters. I consider New Keynesian models which involve tradeoffs between output gap and inflation variances. Such policy strategy is often referred to as flexible inflation targeting rules (e.g., Lars Svensson 2011, pp.1238-95). Taylor rules, in general, have the symbolic expression 𝑖t=𝜑x𝑥t+𝜑𝜋𝜋t+𝜑g𝑔t, where 𝑖t is the nominal interest rate at period t, 𝑥t is the target variable output gap at period t, 𝜋t is the target variable inflation rate at period t, 𝑔t is realized shock to ...
Non-Linear Time Series Modelling With Applications To Equity And Fixed Income Markets, 2018 The University of Western Ontario
Non-Linear Time Series Modelling With Applications To Equity And Fixed Income Markets, Galyna Grynkiv
Electronic Thesis and Dissertation Repository
My thesis focuses on theoretical and empirical aspects of modelling time series during different financial and economic conditions. It consists of three separate chapters in which the properties of Threshold Vector Autoregressive Model (TVAR) models are addressed with subsequent applications to equity and fixed income markets. In the first chapter, which is a joint work with my supervisor Lars Stentoft, we examine the steady state properties of the TVAR model. Assuming the trigger variable is exogenous and the regime process follows a Bernoulli distribution, we derive the necessary and sufficient conditions for existence of a stationary distribution. The derived stationarity ...
Three Essays On Macroeconomics And Laboratory Experiments, 2018 University of Arkansas, Fayetteville
Three Essays On Macroeconomics And Laboratory Experiments, Justin Leblanc
Theses and Dissertations
This dissertation examines two prominent macroeconomic models and their behavioral underpinnings in a laboratory setting. The first is that of state-dependent pricing models (i.e., “menu cost” models). Comparisons were made between laboratory results and a computer- simulated optimal behavior, and results indicate that subjects update prices too frequently resulting in statistically suboptimal profits due to subjects’ inability to clearly ascertain the optimal threshold at which to update prices. Second, the consumption predictions made under rational inattention theory were examined via a laboratory experiment. Results indicate that subjects’ behavior aligns well with predictions in that they consume stochastically, yet adjust ...
An Economics Primer For Cyber Security Analysts, 2018 Texas Christian University
An Economics Primer For Cyber Security Analysts, John T. Harvey
Military Cyber Affairs
One of the ingredients necessary to an understanding of the impact of cyber attacks is a reliable model of the economy. We face great challenges in trying to protect an already potentially unstable system from cyber aggression and operating with a flawed understanding of the determinants of output, employment, asset prices, et cetera, surely condemns us to failure. This is so not only because we need to know where points of leverage might exist for bad actors to disrupt and disable our system, but because policy recommendations may face significant push back from both selected scholars and powerful vested interests ...
Moderate Growth With A Stronger Industrial Sector, 2018 University of Nebraska-Lincoln
Moderate Growth With A Stronger Industrial Sector, Eric Thompson
Business in Nebraska
Nebraska will record solid economic growth during the forecast period but will lag U.S. growth. While Nebraska’s large farming sector has stabilized, it will not contribute much to economic growth during the forecast period. Job growth also will be sluggish in transportation, retail trade and state and local government. Job growth, however, will be stronger in the services, finance, manufacturing and construction. Projected growth rates for 2018 to 2020 are presented in Table 1.
Employment will grow by 0.8% to 1.0% per year, below the national rate. Non-farm income will grow between 3.6% and 3 ...
Globalization, Conflict, And The Effects Of The Rate Of Change Of Globalization: An Empirical Analysis, 2018 Seattle Pacific University
Globalization, Conflict, And The Effects Of The Rate Of Change Of Globalization: An Empirical Analysis, Ashley Stephens
The world is becoming increasingly more interconnected with technological advances leading to more and more globalization. It is important to see how globalization affects society, especially in the lesser developed post-conflict regions of Africa. The theories of liberalism, Marxism, and realism all offer plausible, yet strikingly different theories on the relationship between globalization and conflict. This paper conceptually examines the dominant theories of globalization and conflict, then uses open-source panel data on globalization and conflict in Africa to empirically test which theory is supported by the data, then tests if there is a correlation between the rate of globalization and ...
Real-Time Macroeconomic Forecasting With A Heteroskedastic Inversion Copula, 2018 Melbourne Business School
Real-Time Macroeconomic Forecasting With A Heteroskedastic Inversion Copula, Ruben Loaiza-Maya, Michael S. Smith
Michael Stanley Smith
The Economic Impacts Of A U.S. Withdrawal From Nafta: A Cge Analysis, 2018 University of Toronto Schools
The Economic Impacts Of A U.S. Withdrawal From Nafta: A Cge Analysis, Jonathan Liu
Undergraduate Economic Review
The aim of this study is to examine the economic impacts of a U.S. withdrawal from the North American Free Trade Agreement (NAFTA) on Canada, Mexico and the United States. The shocks simulate scenarios in which the U.S instates penalizing tariff rates on NAFTA countries, a trade war between NAFTA members and a tariff reset to the WTO MFN rates. The effects of these tariff structures are analyzed under the framework of a computable general equilibrium (CGE) model with a focus on macroeconomic variables and welfare. The findings show that, in all iterations, Mexico’s economy takes a ...
Essays In Business Cycles And Asset Pricing, 2018 Southern Methodist University
Essays In Business Cycles And Asset Pricing, Ruiyang Hu
Economics Theses and Dissertations
This dissertation investigates several key macroeconomic and asset pricing topics, with a particular interest in exploring the underlying driving forces of business cycles and asset market fluctuations. The dissertation includes three chapters, with the first two chapters solo-authored by me and the third chapter co-authored with Dr. Carlos Zarazaga.
The first chapter develops a dynamic and stochastic general equilibrium model, and exploits Bayesian inference methods to investigate the major sources of fluctuations in aggregate variables and asset prices. Taking into account the possibility that the growth of total factor productivity, labor-augmenting technology and investment-specific technology might consist of permanent and ...
Public Policy And Millennium Development Challenges: Case Study Of Africa, 2018 The University of San Francisco
Public Policy And Millennium Development Challenges: Case Study Of Africa, Pathkonn Kombate
Based on a panel of 50 African countries from 1970 to 2015, this study analyzes the impact of public investments and spending in education and health sectors on GDP per capita growth. I separately modeled for education and health capital, while controlling for governance and demonstrated the importance of investments and expenditures on human capital in countries production capacity accumulation, which in the long run leads sustainable economic growth. Results show a positive relationship between spending in those sectors and the per capita income growth and proves their importance on the continents’ combat against poverty.
The Significance Of Mongolia's Foreign Policy And Security Apparatus On A Global And Regional Scale, 2018 University of San Francisco
The Significance Of Mongolia's Foreign Policy And Security Apparatus On A Global And Regional Scale, Bolor Lkhaajav
Master's Projects and Capstones
Mongolia, land-locked between two politically, economically, and militarily powerful nations — Russia and China — often must balance its foreign and security policies with its two neighbors and countries beyond. When discussing Mongolia’s foreign policy and security apparatus, historians and scholars look at the international relations of East Asia as a whole. This is the case not because Mongolia’s foreign policy is insignificant but because greater powers impose greater influence on smaller states. Mongolia’s partial involvement in World War II (WWII), and the Cold War introduced new challenges as well as opportunities for Mongolia to modernize its foreign policy ...
A New Keynesian Approach To Estimating Welfare Losses Under Strict And Flexible-Targeting Regimes, 2018 CUNY Hunter College
A New Keynesian Approach To Estimating Welfare Losses Under Strict And Flexible-Targeting Regimes, Shawn Weber
School of Arts & Sciences Theses
How do different inflation-targeting regimes affect the monetary loss-function of a central bank aiming at stabilizing inflation around an inflation target and stabilizing the real economy? Under a basic New-Keynesian framework, this paper examines the effect of inflation-targeting regimes on the monetary loss function of a central bank.
Price-Level Co-Movements Within Currency Unions: An Alternative Integration Metric, 2018 Lingnan University
Price-Level Co-Movements Within Currency Unions: An Alternative Integration Metric, Gregory W. Whitten
Prof. WHITTEN Gregory William
No abstract provided.
Does Debt Matter?, 2018 State University of New York College at Buffalo - Buffalo State College
Does Debt Matter?, Luhan Li
Applied Economics Theses
National debt is a popular topic, since people have a lot of different views on national debt. For example, many people think that there is a positive relationship between national debt and GDP per capita. In other words, the national debt has also increased with the growth of GDP per capita. However, some people feel that there is an inverse relationship between them, so much so that the topic has been discussed. Based on my interest in this topic, I decided to discuss this question. This paper will discuss their influence and importance by analyzing national debt, GDP per capita ...
The Impact Of Macroeconomic Factors On The Price Of Gold, 2018 State University of New York College at Buffalo - Buffalo State College
The Impact Of Macroeconomic Factors On The Price Of Gold, Yunhao Sun
Applied Economics Theses
My thesis is that macro factors have been important to the change of the gold price, but have had a differential impact in three factors: Gross Global Product (GGP), real interest rate, and U.S. dollar index (USDI). I estimated the 1st difference of the gold model to determine the impact of macro factors on the price of gold per quarter. The model was estimated using the OLS approach the sample size was 148. I make use of data from Federal Reserve Bank of St. Louis economic data. The result was that 1st difference model had statistically insignificant ...