Economics Commons^™

Public Health Delivery Systems And Population Health, Glen P. Mays

Health Management and Policy Presentations

Despite high overall health expenditures, the U.S. continues to fall behind other high-income countries on many measures of population health. While health care delivery systems are now studied intensively for solutions to U.S. cost and quality problems, the nation's delivery systems for public health programs and policies are only now becoming the subject of rigorous empirical study. This presentation examines recent studies of public health delivery systems and important directions for future inquiry.

The Effects Of Exchange Rates On Employment In Canada, Yao Tang, Haifang Huang, Ke Pang

Economics Department Working Paper Series

Under the flexible exchange rate regime, the Canadian economy is constantly affected by fluctuations in exchange rates. This paper focuses on employment in Canada. We find that appreciations of the Canadian dollar have significant effects on employment in manufacturing industries; such effects are mostly associated with the export-weighted exchange rate and not the import-weighted exchange rate. The export-weighted exchange rate elasticity of employment is -0.52. However, we also find that exchange rate fluctuations have little impact on Canada’s nonmanufacturing employment. Because the manufacturing sector accounts for only about 10% of the employment in Canada, the overall employment effect of exchange …

Public Health Delivery Systems And Population Health, Glen Mays

Glen Mays

Despite high overall health expenditures, the U.S. continues to fall behind other high-income countries on many measures of population health. While health care delivery systems are now studied intensively for solutions to U.S. cost and quality problems, the nation's delivery systems for public health programs and policies are only now becoming the subject of rigorous empirical study. This presentation examines recent studies of public health delivery systems and important directions for future inquiry.

Exito Económico Y Volatilidad ¿Existen Los Almuerzos Gratis?, Francisco Carlos Ruiz Diaz

Francisco Carlos Ruiz Diaz

El crecimiento sostenido es factible, pero debe sustentarse en el sacrificio social (ahorro para promover la acumulación de capital físico, humano e innovaciones). No existen los milagros, ni los almuerzos gratis. Para crecer sostenidamente se debe transpirar. Paraguay viene experimentando algunos años en que el PIB crece a tasas elevadas. Esto es porque el país ha comenzado a producir, a escala intensiva, bienes con fuerte demanda mundial y precios elevados. Estos productos son de origen agropecuarios y la venta al extranjero se da en estado natural o con escaso valor agregado. Este hecho transformó la dinámica productiva del país dado …

Does Size Matter? Scaling Of Co2 Emissions And U.S. Urban Areas, Michail Fragkias, José Lobo, Deborah Strumsky, Karen C. Seto

Economics Faculty Publications and Presentations

Urban areas consume more than 66% of the world’s energy and generate more than 70% of global greenhouse gas emissions. With the world’s population expected to reach 10 billion by 2100, nearly 90% of whom will live in urban areas, a critical question for planetary sustainability is how the size of cities affects energy use and carbon dioxide (CO₂) emissions. Are larger cities more energy and emissions efficient than smaller ones? Do larger cities exhibit gains from economies of scale with regard to emissions? Here we examine the relationship between city size and CO₂ emissions for U.S. …

Community Restoration: A Snapshot On How It Is Obtained And What Are The Effects?, Robert A. Bright, Wayne P. Carlton, Jordan L. Carrethers

Black Issues Conference

Community Restoration: A snapshot on how it is obtained and what are the effects?

The presentation examines some of the factors to a successful community restoration and what are the end results of a restored community especially when we participate in the process.

Complicaciones Del Apagón Analógico, Víctor Pavón-Villamayor

Víctor Pavón-Villamayor

No abstract provided.

Endogenous Group Formation Via Unproductive Costs, Jason A. Aimone, Laurence R. Iannaccone, Michael D. Makowsky, Jared Rubin

Economics Faculty Articles and Research

Sacrifice is widely believed to enhance cooperation in churches, communes, gangs, clans, military units, and many other groups. We find that sacrifice can also work in the lab, apart from special ideologies, identities, or interactions. Our subjects play a modified VCM game—one in which they can voluntarily join groups that provide reduced rates of return on private investment. This leads to both endogenous sorting (because free-riders tend to reject the reduced-rate option) and substitution (because reduced private productivity favours increased club involvement). Seemingly unproductive costs thus serve to screen out free-riders, attract conditional cooperators, boost club production, and increase member …

Are Volatile Coffee Prices Important To Economic Inequality?, Kwame D. Fynn

The Macalester Review

Historically, developing countries have been heavily dependent on natural resources as a major source of national income. Despite their large resource endowments, countries have been subject to volatile commodity prices which might affect the economic development of a nation. A salient measure of development is the inequality that persists within an economy as it portrays relative levels of income distribution. In this paper, using an econometric approach I seek to analyze the impact volatile coffee prices has on income inequality within a country or in a particular geographic region.

An Econometric Analysis On Pricing And Market Structure In The U.S. Airline Industry, Jiajun Liang

The Macalester Review

This paper examines the relationship between market power and airfares in the U.S. aviation industry. I performed Hausman-Taylor and random effects estimation techniques on quarterly data of the top one thousand most heavily traveled city pairs from 2009 to 2012. Overall, the regression results may be interpreted in such way that while higher concentration at a route level increases ticket prices, it nonetheless reduces average airfare at the airport level. For policy implications, it may suggest that higher market concentration has at least some merits to the consumers, most likely caused by the cost saving due to economic use of …

A Turkish Spring Even If Different From The Arab Spring, Ahmed Souaiaia

Ahmed E SOUAIAIA

The wide-spreading protest movement in Turkey is bringing up the irresistible analogy: Taksim Square is for Turkey what Tahrir Square is for Egypt. Considering that Tahrir Square events were the extension of the protest movement that started it all from Tunisia, it follows that the turmoil in Turkey is similar to the so-called Arab Spring. But most observers and media analysts are dismissing Taksim Square movement arguing that Turkey’s uprising is not similar to the Arab Spring because Erdoğan and his party are democratically elected and that Erdoğan has governed over a period of unprecedented economic prosperity.

Can We Really Trust Offshoring Indices?, Davide Castellani, Luca De Benedictis, Daniel Horgos

Luca De Benedictis

This paper argues that offshoring indices often measure something different than what we think they are. Using data from input-output tables of 21 European countries from 1995 to 2006 we decompose an offshoring index, distinguishing between a domestic (structural change) and an international component (imported inputs ratio). Regarding offshoring of business services, a large share of the index variation is driven by the domestic component. This is even more pronounced for overall service offshoring. In the case of material offshoring, by contrast, the international component drives the main variation of the indices. Our results therefore show that, regarding (business) services, …

Would Women Leaders Have Prevented The Global Financial Crisis? Teaching Critical Thinking By Questioning A Question, Julie A. Nelson

Economics Faculty Publication Series

Would having more women in leadership have prevented the financial crisis? This question, raised in the popular media, can make effective fodder for teaching critical thinking within courses such as gender and economics, money and financial institutions, pluralist economics, or behavioural economics. While the question, as posed, demands an answer of 'Yes - sex differences in traits are important' or 'No - gender is irrelevant', students can be encouraged to question the question itself. The first part of this essay briefly reviews literature on the sameness-versus-difference debate, noting that the belief in exaggerated behavioural differences between men and women is …

Structural Change And Real Output Growth In Nigeria: A Cointegration Analysis, P. D. Golit

Economic and Financial Review

The study employed the Johansen (1988) and the Johansen and Juselius (1990) multivariate maximum likelihood method within a Vector Autoregressive framework to explore the impact of structural reforms on the level of real output in Nigeria. We fit the equation separately for two sub-samples, the pre-reform and the market-reform periods, to enable comparisons of the outcomes under alternative policy regimes. We further estimate the model using data that covered the entire sample period to evaluate the total effects and include a dummy variable to capture the impact of the policy shift. The Johansen cointegration test confirms the existence of long-run …

Analysis Of External Debt Dynamics In Ecowas Economies, A. C. Chuku

Economic and Financial Review

This paper recognised the importance of identifying the core determinants of external debt dynamics in ECOWAS economies. Using a panel dynamic generalised least squares procedure, the study sought to identify the core determinants of external debt dynamics in 12 ECOWAS economies from 1970 to 2009. Overall, the findings revealed six core determinants of external debt in ECOWAS economies. Inflation, external reserves, per capita income and real oil prices were inversely related with external debt ratio; while, GDP gap and real effective exchange rate depreciation directly affected external debt. Significant dissimilarities were observed in the influence of government size and inflation …

Transition To Full-Fledged Inflation Targeting: A Proposed Programme For Implementation By The Central Bank Of Nigeria, Michael O. Ojo

CBN Occasional Papers

This paper attempts to provide an input into addressing these issues, especially as regards resolving the technical, administrative and practical problems for a transition to inflation targeting as a framework for monetary policy in Nigeria. Specifically, the main purpose of this paper is to outline proposals that would permit the CBN transit successfully to full-fledged inflation targeting (FFIT) for its monetary policy operations. Following the introduction (Section 1), the paper is organized as follows: Section 2 examines the conceptual framework, focusing on the essential elements and modalities of different monetary policy frameworks. Section 3 contains an overview of the experiences …

Sustainability In Zambia, Africa: Examining Partnership Of An Agricultural Business And A Non-Profit Organization, Kaitlin Grace O'Leary

Ethnic Studies

The purpose of my study is examining the ways in which agricultural

business is currently supporting and benefitting a non-profit organization.

Through participation of an international agricultural business, Plant Sciences Inc.

(PSI) and a Christian non-profit organization, Lifesong for Orphans, this study

has been a collaborative effort and process, observing agriculture as a means of

sustainability for a non-profit organization. This study has revealed the necessity

of not only updated technology and resources, but has also discovered a continued

necessity of dedicated personnel to the field. A major theme from my

observations was cross-cultural relations, and the ways in which …

An Analysis Of The Monetary Policy Transmission Mechanism And The Real Economy In Nigeria, Eddy C. Ndekwu

CBN Occasional Papers

The study is an empirical analysis which seeks to explain the monetary policy transmission mechanism to the real economy in Nigeria. It examines the process by which the interest rate policy of the Central Bank of Nigeria actually affects the structure of interest rates, credit, aggregate demand and output production and, hence, changes in inflation rate. In the analysis, we review the paradigm of the channels of monetary policy transmission mechanism by studying over two and-half dozen cases of empirical studies in the economic literature. By applying vector auto-regression (VAR) with dynamic logarithmic form and the ordinary least squares (OLS) …

External Reserves Management And Utilization: Nigeria Experience, Emelogu C. Obioma, Abdurrahman Abdullahi

Bullion

The objective of this paper is to appraise developments in external reserves management and utilization in Nigeria, with o view to identifying major challenges and proffering solutions. The paper is divided into six sections. Following this introductory section, section two reviews some of the major conceptual and analytical issues on external reserves management and utilization, while section three discusses Nigeria's external reserves management process. Section four appraises developments in external reserves management and utilization, as well as examines the impact of external reserves on the four sectors of Nigerian economy. Section five highlights major challenges in external reserves management and …

The Role Of Central Bank Of Nigeria’S Analytical Balance Sheet And Monetary Survey In Monetary Policy Implementation, Sani I. Doguwa, Sunday N. Essien

CBN Journal of Applied Statistics (JAS)

This paper discusses the significance of Central Bank of Nigeria’s (CBN) monetary aggregates in the implementation of monetary policy. The Analytical Balance Sheet and monetary survey are shown to be useful tools in the analysis of monetary and credit developments in the economy. It also discusses the role of the aggregates in monetary policy implementation through the adjusted money multiplier, which explains how policy actions of the CBN influence the broad money supply. Finally, the paper attempts to estimate the Taylor-type monetary policy reaction function for Nigeria using the monetary policy rate and reserve money since December 2006 when the …