Digital Commons Network^™

Macroeconomic Determinants Of Stock Market Development In Sample African Economies, Ehab Ayoub

Theses and Dissertations

This research paper studies the relationship between macroeconomic determinants as independent variables and different measures of stock market development as dependent variables across selected emerging economies in Africa for the period of 2002 to 2021, with a quarterly frequency using time series analysis. The independent variables used are Core Inflation, Deposit Rate, Foreign Direct Investment (FDI), FX Rate against USD, Domestic Credit, Gross Domestic Product (Real GDP), Exports, Imports, External Debt, and Foreign Reserves. We use these variables as our main determinants of measuring economic growth. With regards to stock market development, we use four proxy measures as our benchmark, …

The Future Of Roe And The Gender Pay Gap: An Empirical Assessment, Itay Ravid, Jonathan Zandberg

Indiana Law Journal

In Dobbs v. Jackson Women’s Health Organization, the Supreme Court upheld a Mississippi law that prohibits nearly all abortions after the fifteenth week of pregnancy and overruled the holding in Roe v. Wade. Among the many arguments raised in Dobbs in an attempt to overturn Roe, the State of Mississippi argued that due to “the march of progress” in women’s role in society, abortion rights are no longer necessary for women to participate equally in economic life. It has also been argued that there is no empirical support to the relationship between abortion rights and women’s economic success in society. …

The Two-Way Mundlak Estimator, Badi H. Baltagi

Center for Policy Research

Mundlak (1978) shows that the fixed effects estimator is equivalent to the random effects estimator in the one-way error component model once the random individual effects are modeled as a linear function of all the averaged regressors over time. In the spirit of Mundlak, this paper shows that this result also holds for the two-way error component model once this individual and time effects are modeled as linear functions of all the averaged regressors across time and across individuals. Woolridge (2021) also shows that the two-way fixed effects estimator can be obtained as a pooled OLS with the regressors augmented …

Free Money: The Feasibility Of Implementing A Universal Basic Income In The United States, Chase H. Dorn

Senior Theses

The objective of this thesis is to explore whether a universal basic income paid to all United States citizens is both economically possible and advantageous. A recent surge in popularity of the idea has led to a plethora of universal basic income experiments that have been or are being performed across the world, however there has yet to be a UBI implemented on a national level. Using data from these experiments and existing academic research into the policy, the first part of the thesis details the necessary components of a UBI, documents the history of the idea, notes the justifications …

Effect Of Fandom On Sports Gambling, Drake Deitch

Dissertations

The goal in this study was to investigate the relationship between fandom and betting. The hypothesis was that sports fans who gambled on their favorite teams would be more likely to make irrational decisions based more closely on emotional attachment than logical thinking. A total of 191 fans of the Chicago Bears (n = 80), Green Bay Packers (n = 57), and Minnesota Vikings (n = 54) were recruited for the study. Participants completed a survey that assessed their knowledge of and love for the three teams. Results indicated fans were far more likely to bet on their team regardless …

Optimal Interventions In Networks During A Pandemic, Roland Pongou, Guy Tchuente, Jean-Baptiste Tondji

School of Economics and Finance Faculty Publications

We develop a model of optimal lockdown policy for a social planner who balances population health with short-term wealth accumulation. The unique solution depends on tolerable infection incidence and social network structure. We then use unique data on nursing home networks in the US to calibrate the model and quantify state-level preference for prioritizing health over wealth. We also empirically validate simulation results derived from comparative statics analyses. Our findings suggest that policies that tolerate more virus spread (laissez-faire) increase state GDP growth and COVID-19 deaths in nursing homes. The detrimental effects of laissez-faire policies are more potent for nursing …

Spatial Dimensions Of Water Quality Value In New England River Networks, Robert J. Johnston, Klaus Moeltner, Seth Peery, Tom Ndebele, Zhenyu Yao, Stefano Crema, Wilfred M. Wollheim, Elena Besedin

Economics

Households’ willingness to pay (WTP) for water quality improvements—representing their economic value—depends on where improvements occur. Households often hold higher values for improvements close to their homes or iconic areas. Are there other areas where improvements might hold high value to individual households, do effects on WTP vary by type of improvement, and can these areas be identified even if they are not anticipated by researchers? To answer these questions, we integrated a water quality model and map-based, interactive choice experiment to estimate households’ WTP for water quality improvements throughout a river network covering six New England states. The choice …

Dual Taxation - Unbalanced And Arbitrary, Benjamin M. Simon

American Indian Law Journal

"Dual Taxation" in Indian Country happens when a state assesses taxes on private, non-tribal activities or transactions on tribal land in addition to taxes assessed by a tribe. Some analysts suggest that dual (or double) taxation puts tribal governments and citizens at a disadvantage, but the situation may be more nuanced. While dual taxation has been analyzed in depth from a legal perspective, this paper analyzes its economic consequences. With taxation, the stakes can be high. State tax revenues generated on tribal lands are revenues that tribes forgo collecting, limiting the tribal resources available for economic development and social programs. …

College Majors And Skills: Evidence From The Universe Of Online Job Ads, Steven W. Hemelt, Brad J. Hershbein, Shawn Martin, Kevin M. Stange

Upjohn Institute Working Papers

We use the near universe of U.S. online job ads to document four new facts about the skills employers demand from college majors. First, some skills––social and organizational––are demanded from all majors whereas others––financial and customer service––are demanded from only particular majors. Second, some majors have skill demand profiles that mirror overall demand for college graduates, such as Business and General Engineering, while other majors, such as Nursing and Education, have relatively rare skill profiles. Third, cross-major differences in skill profiles explain considerable wage variation. Fourth, although major-specific skill demand varies across place, this variation plays little role in explaining …

Borderplex Business Barometer, Volume 7, Number 4, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Grabbing The Paycheck: A Glimpse Into The Modern Economic Livelihoods Of Xe Máy Grab Drivers In Ho Chi Minh City, Vietnam, Maddie Davis

Independent Study Project (ISP) Collection

Woven into the very fabric of urban life in Ho Chi Minh City Vietnam is commuting via motorcycle (Vietnamese: xe máy). The versatility of xe máy can be witnessed in the surge of rush hour traffic, the shipment of a great variety and quantity of goods, and the crunch of people in order to get the whole family atop a single bike. Due to xe máy as the primary way much of the population gets around, Ho Chi Minh City’s transportation infrastructure and traffic patterns are highly conducive to this method of transit. Resulting from these favorable conditions, a multitude …

Work-Limiting Disabilities And Earnings Volatility, Nicholas A. Jolly, Kathryn L. Wagner

Economics Faculty Research and Publications

This paper examines how the onset of a work-limiting disability influences male earnings volatility as measured by the variance of transitory earnings. Using data from the 1970 to 2013 survey waves of the Panel Study of Income Dynamics and a semi-parametric error components model, we decompose annual earnings into its permanent and transitory components. Results show that the variance of transitory earnings of disabled and non-disabled men is similar before onset of a work-limiting health condition. Upon onset, earnings volatility increases significantly, and does not return to pre-onset levels until at least five years after the last reported disability. Additional …

Investigating The Detriment Of Development Assistance: A Geopolitical Analysis Of Sino-Djibouti Relations Through The Lens Of China’S Belt And Road Initiative, Elizabeth Elenwo-Roger

Independent Study Project (ISP) Collection

This research paper will evaluate Africa’s past with debt accumulation, focusing on the role of the Washington Consensus spearheaded by the Bretton Woods Institutions in its failed attempts to relieve the continent’s debt distresses and further aggravate Africa’s already fractured relationship with the West. It will highlight the goals of the Belt and Road Initiative, assessing China’s South-South cooperation approach to its relations with Djibouti and the Horn of Africa. Specifically, it will investigate claims of China engaging in debt-trap diplomacy and the extent to which this term infringes upon the agency of African leaders. The general research question investigates …

The Role Of Worker-Driven Regulation In The Global Fashion Industry, Jessie Wills

Independent Study Project (ISP) Collection

The global fashion industry continues to exploit workers at the bottom of its supply chains. Multinational brands pressure manufacturers to churn out products at increasingly fast rates for increasingly cheaper costs. Severe problems persist in enforcing labor standards in these factories, and methods like voluntary corporate social responsibility are aspirational at best. A newer method of enforcement, worker-driven regulation (WDR), shows promise in its improved enforceability methods and focus on worker voices. The main research question of this paper is: What are the conditions that trigger and sustain worker-driven regulation at the factory level in the apparel industry?

Research methods …

The Economics Of Mass Incarceration: How Imprisonment Due To Drug Offenses Impacts The Economy Of Texas, Leah N. Letterhos

Senior Theses

I begin by addressing drug use and how it impacts individuals’ economic outcomes, through psychological substance abuse disorders, income, and employment, where I discuss how each factor is impacted by drug use. Next, I undergo the same process for how incarceration and how it affects economic outcomes of individuals, through the debt cycle, the drain of household resources, limited/lack of pay while in prison, and difficulty in finding employment after release from prison. I follow this by connecting incarceration to drug use by writing about the background on the United States’ incarceration rates and link to drug enforcement and systemic …

Liquidity Constraints, Consumption, And Debt Repayment: Evidence From Macroprudential Policy In Turkey, Sumit Agarwal, Muris Hadzic, Changcheng Song, Yildirim Yildiray

Research Collection Lee Kong Chian School Of Business

Using account-level credit card data from a large Turkish bank, we study the impact of a unique credit card policy that increases minimum payment on consumption and debt repayment. We show that the policy reduces credit card spending and debt, boosts existing debt repayment, and reduces credit card delinquency. The credit card debt of affected consumers falls on average by 50% two years into the policy’s implementation. An increase in minimum payment has a stronger effect than does a decrease of a similar magnitude. We build a benchmark life cycle model with soft liquidity constraint to explain the reduction in …

The Importance Of Considering Debt And Young Children In Activation: A Survival Analysis Of Return To Welfare, Irene N. Y. Ng, Jian Qi Tan, Mathews Mathew, Kong Weng Ho, Yi Ting Ting

Research Collection School Of Economics

While there has been much research on welfare exit and entry into employment, less research has looked at return to government assistance. Applying survival analysis on data from a national government assistance programme in Singapore, we found two important factors of welfare return to which activation programmes need to pay greater attention. First, return was more likely if former beneficiaries accumulated a higher number of types of arrears rather than higher dollar values of arrears. This new finding contributes to the emerging literature on bandwidth tax, and suggests the importance of designing programmes that relieve mental accounting due to debt …

Systems Thinking As A Method For Leveraging Smart Classrooms, Jazmyne V. Del Hierro

Open Access Theses & Dissertations

Digital technologies have revolutionized enterprises across our personal lives, and most major industries. The digital transformation can be considered a strategic response to digital trends (Vial, 2019), encompassing substantial changes in society and industry caused by technology development (Taj, et al., 2010). It is a complex journey that needs to be guided by clear strategy. Digital transformation is more about people, than it is about technology (Frankiewiczz, B., 2020). It requires organizational changes that are backed by leadership and driven by challenges to culture (Abbu, H., 2022). Digital transformation requires leaders to build trust (Mugge, Abbu, and Gudergan 2021; Gudergan …

Physician Workforce In The Mountain West, Hira Ahmed, Caitlin J. Saladino, William E. Brown Jr.

Health

Using data from the Association of American Medical College’s State Physician Workforce Data Report, this fact sheet synthesizes Mountain West data on the numbers of active physicians and active physician demographics in Arizona, Colorado, Nevada, New Mexico, and Utah. This fact sheet focuses on active physicians in the Mountain West region by gender, race and ethnicity, as well as the number of students pursuing medical and premedical education.

A Recent Case Concerning Article 9 Of The Japanese Constitution, In Which Plaintffs’ Allegations Were Denied On The Basis Of Lack Of Violation Of Legally Protected Rights Were Not Violated, Thomas Makoto Naruse

Japanese Society and Culture

This note introduces a case in Tokyo district court. In which case, plaintiffs alleged actions of cabinet and legislature were against Constitution. Plaintiffs claimed their rights (right to live in peace, personality rights, etc.). However, the court denied plaintiffs claim, because plaintiffs legally protected rights were not infringed. In the course of the judgment, the courts’ view on judicial power is shown. This note introduce the case from the perspective of elements of judicial power, especially requirement of concreteness of rights.

The Policy Of Plastic Waste Reduction: A Case Of Kanagawa Zero Plastic Waste Declaration, Yoshiyuki Nobusawa

Japanese Society and Culture

Marine plastics and microplastics become the global problem. In Japan the mandatory charge for a plastic bag was introduced as the plastic measure. Kanagawa Prefecture, located in Japan's metropolitan area, has implemented advanced plastic measures. Therefore, this paper considers Kanagawa zero plastic waste declaration and the efforts of local governments concurring with the approved. Therefore, this paper considers Kanagawa zero plastic waste declaration and the efforts of the local government approving．Kanagawa is divided into four areas: urban areas, coastal areas, inland, and mountainous region. This paper analyzes the method for zero plastic waste.

Essay On The Revitalization Of Local Communities, Hiroshi Saito

Japanese Society and Culture

It is difficult to theorize regional revitalization due to the differences in the characteristics of each local government. However, it may be possible to generalize its basic features: “regional management” and “financial surplus.” The problem of regional revitalization is conventionally discussed from a perspective of public administration. However, this paper reexamines the problem from a management theory perspective. Considering the starting point of regional revitalization is the surplus of public finances, attention is focused on the local tax law, especially on the importance of inhabitant tax, fixed property tax, and resident population policy. The paper also shows that the attraction …

Development Of Regional Revitalization Policy By Roadside Stations: From Its Birth To A New Response In Post-Covid World, Ryusaku Matsuo

Japanese Society and Culture

The Roadside Station is expected to serve as the base facilities for the regional revitalization, with functions for rest, information transmission and regional alliance. In this study, the reason why the Roadside Station has developed as it is today examined from the social background and institutional characteristics, and future issues are considered. First, the institutional characteristics of Roadside Stations are theoretically examined, and the original system supporting them is examined and analyzed. The case analysis on the effort of Priority "Roadside Station" is carried out. Second, a case study is conducted on the new development of Roadside Stations, and the …

Analysis Of Factors Affecting Child Poverty Rates In Prefectures, Takahiro Suzuki, Kazutoshi Tanabe

Japanese Society and Culture

The Japanese government enacted the “[A1] "Act to Accelerate Policies for Disadvantaged Kids”" in 2013, in the face of a society where one in seven children are faced withare in financial difficulties. The enforcement of this law requiresd local governments to formulate and implement measures to address child poverty. However, it is evident that various factors have an impact on the child poverty rate, and the relative impact of these factors is not yet known yet. Consequently, local governments face[A2] there are many challenges in the implementing[A3] implementation of poverty-[A4] reduction measures by local governments. In …

Atherosclerosis In Indigenous Tsimane: A Contemporary Perspective, Randall C. Thompson, Gregory S. Thomas, Angela D. Neuneubel, Ashna Mahadev, Benjamin Trumble, Edmond Seabright, Daniel K. Cummings, Jonathan Stieglitz, Michael Gurven, Hillard Kaplan

ESI Publications

The Horus and other research teams have found that atherosclerosis is not uncommon in ancient people through the study of their mummified remains (Murphy et al., 2003; Allam et al., 2009, 2011; Thompson et al., 2013, 2014). However, some have postulated that traditional hunter-gatherers are in some ways healthier than modern people and that they had very little atherosclerotic disease (O’Keefe et al., 2010). The aim of this study was to evaluate the burden of atherosclerosis in a population alive today but living a traditional lifestyle similar to that experienced by past populations. This led to the Tsimane Health and …

تأثير التمكين الاداري في الاستدامة التنظيمية: دراسة تحليلية لآراء عينة من الموظفين في جامعة تلعفر, شعيب احمد عزيز

Muthanna Journal of Administrative and Economics Sciences

يهدف البحث الى معرفة تأثيرالتمكين الاداري(التدريب، تفويض السلطة، الحوافز، الاتصال، فرق العمل) في الاستدامة التنظيمية(المسؤولية الاجتماعية، إضفاء الشرعية، الميزة التنافسية) لدى عينة من العاملين في جامعة تلعفر، إذ تم توزيع(43) استمارة استبانة وتم تحليل البيانات باستخدام برامج الاحصائية التالية ((Smartpls و (Spss)و(Excel)، واختبار فرضيات البحث، وتوصل البحث الى وجود علاقة تأثير معنوية بين أبعاد التمكين الاداري والاستدامة التنظيمية، ومن أهم الاستنتاجات التي توصل اليها البحث ان حصول الموظفين في جامعة تلعفر على التمكين الاداري سيؤدي الى رفع النتاج العملي لهم في المؤسسة وتقلل من مستوى الاحساس والشعور السلبي الموجود لدى عينة الدراسة، وبالتالي تتحسن مستوى التنمية في الجامعة. وقدم البحث …

Essays On The Economics Of Grid Modernization, Jesse Kaczmarski

Economics ETDs

I present three chapters on the economics of grid modernization. The first chapter examines the consumer acceptance of community microgrid services. In this chapter I present the results of a split-sample contingent valuation experiment in which electric bill payers across Arizona, Colorado, New Mexico, and Utah are asked about the willingness-to-pay for the installation of a community microgrid contingent on costs and benefits. In the second chapter, I examine the role of contractual hydropower receipts in the fuel mix for a medium size power authority in Colorado. I show that hydropower offsets fossil fuel generation sources and contribute to reductions …

Household Spending And Bill Payment In The Mountain West, 2022, Miguel Soriano Ralston, Caitlin J. Saladino, William E. Brown Jr.

Cities & Metros

This fact sheet examines data from doxoINSIGHTS’ report “United States of Bill Pay: 50 Largest U.S. Cities Household Spend Report 2022” which provides information on the $4.6 trillion U.S. consumer bill pay market. Data are included for the average monthly cost per household and market share of the top ten bill categories in the Mountain West states (Arizona, Colorado, Nevada, and New Mexico) and the six largest Mountain West cities (Denver, CO; Colorado Springs, CO; Las Vegas, NV; Phoenix, AZ; Tucson, AZ; and Albuquerque, NM) based on number of households. This fact sheet also examines the average monthly cost of …

Growing Like India. The Unequal Effects Of Service Lead Growth., Tianyu Fan, Michael Peters, Fabrizio Zilibotti

Discussion Papers

Structural transformation in most currently developing countries takes the form of a rapid rise in services but limited industrialization. In this paper, we propose a new methodology to structurally estimate productivity growth in service industries that circumvents the notorious difficulties in measuring quality improvements. In our theory, the expansion of the service sector is both a consequence—due to income effects—and a cause— due to productivity growth— of the development process. We estimate the model using Indian household data. We find that productivity growth in non-tradable consumer services such as retail, restaurants, or residential real estate, was an important driver of …

Natural Disasters And Human Capital: Empirical Evidence From Indonesia, Lei Lv

USF Tampa Graduate Theses and Dissertations

In developing countries, natural disasters could destroy physical capital and adversely affect human capital accumulation by disrupting individual decisions. Such decisions play a critical role in determining individuals' human capital accumulation process and have a lifelong effect on their happiness and economic prosperity. To better understand how natural disasters affect human capital in developing countries, this dissertation uses the earthquakes in Indonesia as a natural experiment to study how this earthquake affects health, child marriage, and education. For the first chapter, I study how the 2006 Yogyakarta Earthquake a affects water-related acute disease symptomsin the short and long run. By …