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Presidential Economic Approval Rating And The Cross-Section Of Stock Returns, Zilin CHEN, Zhi DA, Dashan HUANG, Liyao WANG 2023 Singapore Management University

Presidential Economic Approval Rating And The Cross-Section Of Stock Returns, Zilin Chen, Zhi Da, Dashan Huang, Liyao Wang

Research Collection Lee Kong Chian School Of Business

We construct a monthly presidential economic approval rating (PEAR) index from 1981 to 2019, by averaging ratings on the president’s handling of the economy across various national polls. In the cross-section, stocks with high betas to changes in the PEAR index significantly under-perform those with low betas by 1.00% per month in the future, on a risk-adjusted basis. The low PEAR beta premium persists up to one year, and is present in various sub-samples and even in other G7 countries. PEAR beta dynamically reveals a firm’s perceived alignment to the incumbent president’s economic policies and investors ...


The Penn Effect And Marx's International Law Of Value: A Review Of Value And Unequal Exchange By Andrea Ricci, Giuseppe Quattromini 2022 Sapienza University of Rome

The Penn Effect And Marx's International Law Of Value: A Review Of Value And Unequal Exchange By Andrea Ricci, Giuseppe Quattromini

Markets, Globalization & Development Review

Placing itself in the revival of interest in unequal exchange, Ricci's book claims the need to give the theory a new conceptual foundation to justify recent proposals to estimate unequal exchange on the basis of the so-called Penn effect. In order to do that, Ricci identifies Marx's international law of value as a fitting theoretical framework and hence develops a radically innovative theory of global capitalist exploitation through international trade. Finally, he assesses the magnitude of unequal exchange over the past three decades by producing estimates based on the proposed approach.


While Waiting For Rain: Community, Economy, And Law In A Time Of Change, John Henry Schlegel 2022 University at Buffalo School of Law

While Waiting For Rain: Community, Economy, And Law In A Time Of Change, John Henry Schlegel

Books

What might a sensible community choose to do if its economy has fallen apart and becoming a ghost town is not an acceptable option? Unfortunately, answers to this question have long been measured against an implicit standard: the postwar economy of the 1950s. After showing why that economy provides an implausible standard—made possible by the lack of economic competition from the European and Asian countries, winners or losers, touched by the war—John Henry Schlegel attempts to answer the question of what to do.

While Waiting for Rain first examines the economic history of the United States as well ...


The Iranian Crisis Of The 1970s-1980s And The Formation Of The Transnational Investment Bloc, Mazaher Koruzhde 2022 Florida International University

The Iranian Crisis Of The 1970s-1980s And The Formation Of The Transnational Investment Bloc, Mazaher Koruzhde

Class, Race and Corporate Power

The events surrounding the Iranian Revolution in the 1970s and 198s significantly contributed to the formation and consolidation of a U.S-Saudi transnational investment bloc.


Four Essays On Peace Consolidation And Ethnic Reconciliation In Postwar Sri Lanka, Narayani Sritharan 2022 University of Massachusetts Amherst

Four Essays On Peace Consolidation And Ethnic Reconciliation In Postwar Sri Lanka, Narayani Sritharan

Doctoral Dissertations

In four essays, this dissertation explores the process of peace consolidation and economic recovery from the devastating conflict of 1983-2009 in Sri Lanka. This dissertation addresses a timely and important topic. The findings make an important contribution to the literature on economic development and peacebuilding, specifically on the role of foreign aid in alleviating the risks of conflict and helping countries rebuild their economies after conflict. The dissertation highlights important political economy dimensions that help illustrate social and political dynamics that lead to conflict, such as regional and ethnic inequalities, which also influence post-conflict reconstruction.

In addition to a historical ...


Work, Workers, And Reproducing Social Control: Racial Post-Fordism And Alternative Systems, Hannah Rebecca Archambault 2022 University of Massachusetts Amherst

Work, Workers, And Reproducing Social Control: Racial Post-Fordism And Alternative Systems, Hannah Rebecca Archambault

Doctoral Dissertations

This dissertation interrogates the composition of workers, work, and class, as processes in contemporary capitalism and in other existing or future systems. The first section develops a theoretical framework to understand work and workers which draws on Autonomist Marxist, Black radical, and Marxist feminist literatures. This includes considering new forms and organizations of work that arise from current capitalist economic relations, racialized work, and reproductive work. With this framework I build a theory of racial post-Fordism as the current system of economic relations.

In the next section, I apply this theory of racial post-Fordism to work and workers in the ...


G3 Cpec Summit ‘21 - Cpec: Emerging Geo-Political And Geo-Economic Landscape Opportunities And Challenges, China Study Centre, Institute of Business Administration, Nasir A. Afghan, Huma Naz Baqai, Ans Dahr 2022 Director, China Study Centre

G3 Cpec Summit ‘21 - Cpec: Emerging Geo-Political And Geo-Economic Landscape Opportunities And Challenges, China Study Centre, Institute Of Business Administration, Nasir A. Afghan, Huma Naz Baqai, Ans Dahr

China Study Centre - Research and Reports

In the wake of recent developments in the region, specifically US withdrawal from Afghanistan and the role of new Afghan government in regional connectivity and economic integration, IBA China Study Centre commenced one-day day hybrid summit on “CPEC: Emerging Geo-political & Geo-economic Landscape Opportunities and Challenges”

The aim of this one day summit was to explore and identify the future opportunities and challenges for China Pakistan, and Afghanistan’s economic, information, and trade corridor. Our objective was first to understand the challenges faced by the Afghan government in Afghanistan. Also, to brainstorm and find the common and shared areas for future ...


Washington State Sausage Making: Attempting To Measure The Efficiency Of The Legislature., Jonathon E. Church 2022 University of Washington, Tacoma

Washington State Sausage Making: Attempting To Measure The Efficiency Of The Legislature., Jonathon E. Church

Access*: Interdisciplinary Journal of Student Research and Scholarship

This paper explores the importance of understanding the legislative process, particularly in the way a bill dies, in order to critique and measure government efficiency. The information was gathered through interviews with former and current members of the State Legislature and from first-hand experience while working as an intern during the 2022 legislative session. In conjunction with this, part one of the paper utilizes multiple sources, such as Edward D. Seeberger, author of “Sine Die: A Guide to the Washington State Legislative Process,” the State Constitution, and the State Legislatures guides and manuals, to present a detailed description of the ...


Can Micropolitan Areas Bridge The Urban/Rural Divide?, Sheila Foster, Clayton P. Gillette 2022 Georgetown University Law Center

Can Micropolitan Areas Bridge The Urban/Rural Divide?, Sheila Foster, Clayton P. Gillette

Georgetown Law Faculty Publications and Other Works

There exists a well-known and significant divide between urban and rural areas in the United States. The divide has been documented along multiple dimensions – social, economic, and political – and is seen as a detrimental characteristic of our national identity and capacity for both economic development and civil political discourse. In this Article, we explore a subset of the urban/rural divide and propose a mechanism for reducing its economic and political effects within that limited realm. Specifically, we focus on the subset of rural areas that lie within what the Office of Management and Budget defines as micropolitan areas. Micropolitan ...


The Great Resignation Among Restaurant Workers: A Content Analysis Of News Sources’ Portrayals Of The Covid-19 Labor Shortage, Mackenzie M. Williams 2022 University of Louisville

The Great Resignation Among Restaurant Workers: A Content Analysis Of News Sources’ Portrayals Of The Covid-19 Labor Shortage, Mackenzie M. Williams

The Cardinal Edge

When workers left the labor market in large numbers during the COVID-19 pandemic, proclamations of a labor shortage emerged extensively throughout the news. In this study, I analyze the coverage of the worker shortage among three news sources with different political orientations. Several themes emerged from analyzing a total of 75 articles. The findings showed that the perspective shown in the article, the cause of the labor shortage, restaurant worker portrayal, support of solutions, and opinion of the labor shortage all differed based on the political identity of the news source. This research supports previous findings that show there is ...


Reviewing John Maynard Keynes: The Economic Consequences Of The Peace, John C. Daniel 2022 Liberty University

Reviewing John Maynard Keynes: The Economic Consequences Of The Peace, John C. Daniel

Liberty University Journal of Statesmanship & Public Policy

The 1919 Treaty of Versailles is one of the most impactful documents in world history. The treaty effectively ended World War I, decimated Germany, and laid the foundation for World War II. In his analysis The Economic Consequences of the Peace, John Maynard Keynes gives a first-hand account of the influence of world leaders President Woodrow Wilson, English Prime Minister David Lloyd George, and French Prime Minister Georges Clemenceau and the roles they played during the Paris Peace Conference. Keynes explains the treaty from a geopolitical lens, argues against the treaty’s reparations clause, and advocates for alternative solutions. Almost ...


Purpose Proposals, Jill E. Fisch 2022 University of Pennsylvania Carey Law School

Purpose Proposals, Jill E. Fisch

Faculty Scholarship at Penn Carey Law

Repurposing the corporation is the hot issue in corporate governance. Commentators, investors and increasingly issuers, maintain that corporations should shift their focus from maximizing profits for shareholders to generating value for a more expansive group of stakeholders. Corporations are also being called upon to address societal concerns – from climate change and voting rights to racial justice and wealth inequality.

The shareholder proposal rule, Rule 14a–8, offers one potential tool for repurposing the corporation. This Article describes the introduction of innovative proposals seeking to formalize corporate commitments to stakeholder governance. These “purpose proposals” reflect a new dynamic in the debate ...


Expulsive Greening: A Cross-Sectional Analysis Of Green Gentrification In The Resilience Paradigm, Brooklyn 2010–2020, Rose Jimenez 2022 The Graduate Center, City University of New York

Expulsive Greening: A Cross-Sectional Analysis Of Green Gentrification In The Resilience Paradigm, Brooklyn 2010–2020, Rose Jimenez

Dissertations, Theses, and Capstone Projects

Background: This project analyzes the spatial coincidence between gentrification typologies and urban greening in Brooklyn, New York from 2010 to 2020. Assets formed under the NYC Green Infrastructure Program were chosen as a proxy for urban greening to represent the spatial practice specifically within the 21st-century climate change resilience paradigm of development. Methods: First, five indexes measuring variations of economic and demographic conditions related to gentrification were applied to Brooklyn for comparative analysis: NOAA’s Social Vulnerability Indicators of Gentrification Pressure, The NYC Heat Vulnerability Index, The Small Area Index of Gentrification, Typologies of Gentrification and Displacement, and The Housing ...


Essays On Inequality, Growth, And Economic Policy, Philipp E. Erfurth 2022 The Graduate Center, City University of New York

Essays On Inequality, Growth, And Economic Policy, Philipp E. Erfurth

Dissertations, Theses, and Capstone Projects

This dissertation consists of three chapters that study inequality and regional economics in a historical and development context.

The first chapter examines regional inequality among Habsburg regions from the 19th century to today’s EU by using Geographic Information Systems (GIS) software to recreate historical regions in present-day projections. The findings suggests that regional disparities are markedly higher today than in the 19th century, despite rapid convergence in the past two decades. The study thus provides evidence of retrospective determinism in the study of the Habsburg economy and suggests that, although regional EU policy has been successful over the past ...


Essays On Impacts Of Women Empowerment On The Health Outcomes Of Children, Sagnik Das 2022 The Graduate Center, City University of New York

Essays On Impacts Of Women Empowerment On The Health Outcomes Of Children, Sagnik Das

Dissertations, Theses, and Capstone Projects

Chapter 1: Taking cognizance of the lack of representation of women in politics, the Indian government in 1993, enacted the 73rd constitutional amendment which led to a sudden increase in the representation of women in the local governments. Exploiting the exogenous variation in the timing of implementation of the 73rd amendment across the states, I study the spillover effects of this mandated empowerment of women on the health outcomes of children by using nationally representative survey data and employing a difference-in-difference estimation strategy. In this study, I find evidence of a positive impact of mandated women empowerment on the survival ...


Precarity And Prospects For Commoning: A Conversation With Guy Standing, Guy Standing, Paul Apostolidis 2022 SOAS University of London

Precarity And Prospects For Commoning: A Conversation With Guy Standing, Guy Standing, Paul Apostolidis

Emancipations: A Journal of Critical Social Analysis

No abstract provided.


Community Development Agreements: The Hardening And Evaluation Of A Norm, Luka G. Petrusevski 2022 The University of Western Ontario

Community Development Agreements: The Hardening And Evaluation Of A Norm, Luka G. Petrusevski

Electronic Thesis and Dissertation Repository

Large scale mining projects generate highly variable outcomes. Proponents of mining cite benefits including job creation and revenue generation, while critics point to adverse social and economic impacts borne by mining-proximate communities. Community-based concerns about mining operations have raised ethical and social justice considerations relating to human-rights and consent. Community development agreements (CDAs) have emerged as an increasingly common tool to address such concerns and facilitate the delivery of tangible benefits from mining operations to affected communities. The effectiveness of CDAs, however, varies widely depending on the negotiated provisions and their implementation. This work contributes to the understanding of CDAs ...


A Psychological Profile Of The Digitized Economy: Who Buys Cryptocurrencies, Nfts, And Meme-Stocks (And Why)?, Nicole Wolfe 2022 Western University

A Psychological Profile Of The Digitized Economy: Who Buys Cryptocurrencies, Nfts, And Meme-Stocks (And Why)?, Nicole Wolfe

Undergraduate Student Research Internships Conference

As the global digital economy continues to grow in interest and financial worth, it is imperative to harvest data to gain early information on this nuanced economy. Already, we have witnessed billions of dollars in losses and wins at the blink of an eye, encouragement to invest from well-known celebrities and politicians, and high anxiety from the newness, power consumption, and potential outcomes of this nuanced system. Stemming from the lack of solid evidence in this emerging field, we hope to gain more insight on the early players and variation within the digitized economy. Similarly, we hope to identify specific ...


Selling Antitrust, Herbert J. Hovenkamp 2022 University of Pennsylvania Carey Law School

Selling Antitrust, Herbert J. Hovenkamp

Faculty Scholarship at Penn Carey Law

Antitrust enforcers and its other defenders have never done a good job of selling their field to the public. That is not entirely their fault. Antitrust is inherently technical, and a less engaging discipline to most people than, say, civil rights or criminal law. The more serious problem is that when the general press does talk about antitrust policy it naturally gravitates toward the fringes, both the far right and the far left. Extreme rhetoric makes for better press than the day-to-day operations of a technical enterprise. The extremes are often stated in overdramatized black-and-white terms that avoid the real ...


Medicaid Expansion: Changes In Individual Health Outcomes, Julie Norman 2022 Utah State University

Medicaid Expansion: Changes In Individual Health Outcomes, Julie Norman

All Graduate Plan B and other Reports

The Affordable Care Act is one of the biggest changes in the American healthcare system in the 21st century. One element of the ACA is medicaid expansion, which opened up federal funding for states to cover any individual earning below 138% of the federal poverty line. 21 states expanded medicaid in 2014 while 12 haven’t expanded. This paper utilizes the disparity for a natural experiment to determine the efficacy of the program. Outcome variables of interest include measurements of individual health, health access and utilization, and premature death rates. The results indicate positive, but small improvements due to the ...


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