Digital Commons Network^™

Conveniently Pessimistic: Manipulating Beliefs To Excuse Selfishness In Charitable Giving, Zeeshan Samad

Economics and Finance Faculty Publications

This paper demonstrates how people can manipulate their beliefs in order to obtain the self-image of an altruistic person. I present an online experiment in which subjects need to decide whether to behave altruistically or selfishly in an ambiguous environment. Due to the nature of ambiguity in this environment, those who are pessimistic have a legitimate reason to behave selfishly. Thus, subjects who are selfish but like to think of themselves as altruistic have an incentive to overstate their pessimism. In the experiment, I ask subjects how optimistic or pessimistic they feel about an ambiguous probability and then, through a …

Intrahousehold Welfare: Theory And Application To Japanese Data, Pierre-André Chiappori, Costas Meghir, Yoko Okuyama

Cowles Foundation Discussion Papers

In this paper we develop a novel approach to measuring individual welfare within house-holds, recognizing that individuals may have both different preferences (particularly regarding public consumption) and differential access to resources. We construct a money metric mea-sure of welfare that accounts for public goods (by using personalized prices) and the allocation of time. We then use our conceptual framework to analyse intrahousehold inequality in Japan, allowing for the presence of two public goods: expenditures on children and other public goods including housing. We show empirically that women have much stronger preferences for both public goods and this has critical implications …

Market Virtues And Respect For Human Dignity, Luís C. Calderón Gómez, Robert Talisse, John A. Weymark

Book Chapters

Luigino Bruni and Robert Sugden have provided a normative defense of markets from a virtue ethics perspective. They interpret market exchange as being a practice in the sense of Alasdair MacIntyre. For Bruni and Sugden, the telos of a market is mutual benefit and a market virtue is a character trait or disposition that contributes to the realization of this benefit. They regard market virtues as embodying a moral attitude towards market interactions that is characterized by reciprocity. For MacIntyre, this is a partial account of a virtue. To qualify as a virtue, it is also necessary that it contributes …

Enhancing Belt And Road Science, Technology, And Innovation Cooperation By Leveraging Insights From Operational Models Of International Scientific And Technological Organizations, Liang Wang

Bulletin of Chinese Academy of Sciences (Chinese Version)

Since the implementation of the Belt and Road Science, Technology, and Innovation Cooperation Action Plan, significant progress has been achieved. Nevertheless, there have been some external doubts encountered during the promotion process. Based on the current status and challenges of Belt and Road science, technology, and innovation cooperation, this article presents policy recommendations for advancing such collaboration by leveraging insights from the operational models of international scientific and technological organizations. These organizations advocate for technological norms and policies, uphold scientific values, and coordinate multiple interests and ideologies. They possess extensive experience in facilitating cooperation in scientific and technological innovation among …

Situation, Needs, And Countermeasures Of Innovation Development In The Yellow River Basin, Kaihua Chen, Jie Lin, Chaokai Xue, Weiyu Duan, Langmei Zhu, Dongzhu Lu, Baorong Hou

Bulletin of Chinese Academy of Sciences (Chinese Version)

The Yellow River runs through nine provinces (regions) in western, central, and eastern China. It is not only an important ecological security barrier in China, but also an important region for social activity and economic development. Strategically planning the development of the Yellow River Basin at the national level can not only accelerate the high-quality development of the Yellow River Basin, but also effectively promote the western development strategy and regional coordinated development strategy. Nevertheless, the poor carrying capacity of the ecological environment in the Yellow River Basin, the obvious feature of industrial development relying heavily on energy, and the …

The New China Model: Combating Economic And Political Order, Jack R. Swords

Dartmouth College Master’s Theses

Contemporary world politics centers around the actions of the two largest powers on Earth, the United States and China. They are both each other’s greatest adversary yet at the same time are each other’s largest trading partners. This thesis explores the nature of China’s economic climate that has seen it grow to one of the world’s foremost powers. However, the East Asian Nation faces economic challenges centered around the three D’s: Debt, Deflation, and Demographics. This thesis analyses what the nature of these challenges are and how China is responding to them within the ever-advancing world of economic and political …

Situation, Needs, And Countermeasures Of Innovation Development In The Yellow River Basin, Kaihua Chen, Jie Lin, Chaokai Xue, Weiyu Duan, Langmei Zhu, Dongzhu Lu, Baorong Hou

Bulletin of Chinese Academy of Sciences (Chinese Version)

The Yellow River runs through nine provinces (regions) in western, central, and eastern China. It is not only an important ecological security barrier in China, but also an important region for social activity and economic development. Strategically planning the development of the Yellow River Basin at the national level can not only accelerate the high-quality development of the Yellow River Basin, but also effectively promote the western development strategy and regional coordinated development strategy. Nevertheless, the poor carrying capacity of the ecological environment in the Yellow River Basin, the obvious feature of industrial development relying heavily on energy, and the …

Comparative Analysis Of Science And Technology Innovation Competitiveness In The Yellow River Basin, Weiyu Duan, Quanjing Wang, Kaihua Chen, Siqing Fang, Huiling Liang, Renhai Dai

Bulletin of Chinese Academy of Sciences (Chinese Version)

The assessment and comparison of the S&T innovation competitiveness among the provinces and regions in the Yellow River Basin are helpful to better utilize the supporting and leading role of S&T innovation in the ecological protection and high-quality development of the Yellow River Basin. Combined with the real characteristics of S&T innovation in the Yellow River Basin, the study considers five dimensions horizontally: S&T innovation input, S&T innovation output, S&T entrepreneurial condition, S&T innovation revenue, and S&T innovation influence. Vertically, it considers two types of indicators, namely, strength and efficiency, and constructs the index system of evaluation of S&T innovation …

Current Status, Challenges, And Policy Recommendations For Industrial Development In The Yellow River Basin, Chaokai Xue, Kaihua Chen, Quanjing Wang, Yujie Zhang, Xiaohui Qu, Mengfei Zhang, Haitao Ma

Bulletin of Chinese Academy of Sciences (Chinese Version)

The foundation for ecological protection and high-quality development in the Yellow River Basin lies in the rational development of industry. This study systematically analyzes the current state of industrial development in the Yellow River Basin, examining traditional industries, strategic emerging industries, and future industries. Based on this analysis, it identifies key issues and development directions. The study reveals that the industrial structure in the Yellow River Basin is unreasonable; traditional industries have short chains and high energy consumption; the cultivation of strategic emerging industries is inadequate and poorly aligned; and comprehensive planning for future industries is inadequate. Therefore, it is …

Research On Current Situation And Optimization Strategy Of Cross-Regional Scientific And Technological Innovation Cooperation In The Yellow River Basin, Gupeng Zhang, Wenbo Guo, Huiling Liang, Jingjing Zhang, Dongzhu Lu, Baorong Hou, Yan Liang, Weiyu Duan

Bulletin of Chinese Academy of Sciences (Chinese Version)

Realizing effective cross-regional innovation cooperation not only helps to enhance the overall scientific and technological innovation capabilities of the Yellow River Basin, but also is crucial for promoting the western development strategy and achieving industrial upgrading and leapfrogging in the western region. The innovation collaborative network composed of various enterprises, universities, and research institutes across different regions in the Yellow River Basin helps to break down information silos and help provinces and cities fully achieve information sharing in open scientific and technological innovation cooperation platforms. The cross-regional innovation collaborative network that have been constructed in the Yellow River Basin consists …

Digital Technologies Empower Innovative Development Governance Of The Yellow River Basin, Tara Qian Sun, Yingying Jia, Gaozuo Sun, Xixi Zhao, Rongping Mu

Bulletin of Chinese Academy of Sciences (Chinese Version)

The application of digital technologies is the core driving force for innovating traditional development and realizing a leap in productivity. The innovative development governance of the Yellow River Basin is a complex social system, involving economic, social, and ecological aspects. Its key driving force is the profound influence of digital technologies. Focused on how digital technologies empower the innovative development governance of the Yellow River Basin, the development process, problems, and challenges are analyzed at different stages, from the digital Yellow River to the digital twin Yellow River. It is found that the governance of the Yellow River Basin still …

Investing In The Next Generation: The Long-Run Impacts Of A Liquidity Shock, Patrick Agte, Arielle Bernhardt, Erica Field, Rohini Pande, Natalia Rigol

Discussion Papers

Poor entrepreneurs must frequently choose between business investment and children’s education. To examine this trade-off, we exploit experimental variation in short-run microenterprise growth among a sample of Indian households and track children’s education and business outcomes over eleven years. Treated households, who experience higher initial microenterprise growth, invest more in education and are one-third more likely to send children to college. However, only literate households experience child schooling gains and their enterprises stagnate in the long-run. In contrast, illiterate treatment households experience long-run business gains but declines in children’s education. Our findings suggest that microenterprise growth has the potential to …

The Australian Woolen Industry; British Investment In Colonial Australia: Unraveling The Threads Of Economic Development 1788-1850, Marie Cecilia Hedrick

Doctoral Dissertations and Projects

The purpose of this study is to examine the dynamic relationship between British investment and the development of pastoralism and wool production in Australia from 1788 to 1850. It focuses on the crucial period of early European settlement and the subsequent growth of the wool industry as one of their first major staple industries. This study utilizes a multidisciplinary methodology approach, integrating historical, economic, political, and agricultural perspectives in order to provide a clearer understanding of the factors influencing British investment decisions. Research is conducted into the motivations behind British colonization in Australia with an emphasis on the role of …

Assessing Effects Of Climate And Technology Uncertainties In Large Natural Resource Allocation Problems, Jevgenijs Steinbuks, Yongyang Cai, Jonas Jaegermeyr, Thomas W. Hertel

Department of Agricultural Economics Faculty Publications

The productivity of the world's natural resources is critically dependent on a variety of highly uncertain factors, which obscure individual investors and governments that seek to make long-term, sometimes irreversible, investments in their exploration and utilization. These dynamic considerations are poorly represented in disaggregated resource models, as incorporating uncertainty into large-dimensional problems presents a challenging computational task. In this paper, we apply the SCEQ algorithm (Cai and Judd, 2023) to solve a large-scale dynamic stochastic global land resource use problem with stochastic crop yields due to adverse climate impacts and limits on further technological progress. For the same model parameters …

Salary Needed To Live Comfortably In The Mountain West, 2024, Mohit Pande, Anirudh Polagani, Monserrat Cristando-Romo, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data on the annual salary needed to live comfortably in selected cities in the Mountain West states of Arizona, Colorado, Nevada, and New Mexico as of February 2024. A report by Smart Asset titled, “Salary Needed to Live Comfortably – 2024 Study,” provided wage data for the 99 largest cities in the United States.

The Socio-Economic Dynamics Limiting Actions To Combat Child Labour In Tanzania: The Case Of Small-Scale Gold Mining Communities In Tabora Region, Elliott P. Niboye

Journal of Humanities and Social Sciences

This article is based on a study that sought to establish the dynamics that limit actions to combat child labour in small-scale gold mining communities in Tanzania. A qualitative research approach was used to gain a nuanced understanding of the contextual dynamics that limit actions to combat child labour. Other relevant data were sourced from grey literature. Thematic analysis of the collected qualitative data established that the factors limiting actions to combat child labour in small-scale gold mining communities emanate from both household settings and the community at large. The study results revealed several factors that constrain efforts to combat …

A Modelled Estimate Of Food Access Within Countries Shows That Inequality Within Countries Has Increased Despite Rising Equality Between Countries, Juan Diego Martinez, Navin Ramankutty, Zia Mehrabi, Tom W. Hertel

Department of Agricultural Economics Faculty Publications

Global food calorie supply per person is more than 2900 kcal per day on average, but we have failed to ensure equitable access to these calories. Yet how uneven food access is within countries has remained poorly understood, as has the progress made over the past five decades on closing the access gap. Using publicly available data, we developed a theoretically-grounded statistical model to estimate the cross-national relationship between average per capita expenditure and per capita food availability and used this to estimate within-country access to food for income deciles in 135 countries. We find that, from 1961 to 2013, …

Measuring Heterogeneous Preferences For The Preservation Of Prime Farmland With And Without Agrivoltaics, Arthur J. Caplan, Tiffany Woods, Brent Chamberlain, Sarah Klain

Applied Economics Faculty Publications

This study fills a gap in cultural ecosystem service (CES) assessment of prime farmland located in peri-urban areas by presenting results from a choice experiment recently conducted in Utah's Wasatch Front region. The choice experiment was designed to account for heterogeneous effects associated with a wide array of socio-demographic and attitudinal characteristics on household preferences for farmland preservation, including farmland used for the joint production of solar power and agricultural products. We apply a mixed-logit model to our data that controls for preference heterogeneity among Wasatch Front households along two dimensions – at the individual household level and according to …

Measurements In Kautilya’S Arthasastra, In The Domains Of Public Finance And Governance, Saraswathi Murali M

Theses and Dissertations

Ancient Sanskrit literature has rich discussion of measurements by different authorities. Examples from the Vedic Age and the period of Itihāsas can be found in Ṛgveda (c. 1500 BCE), Rāmāyaṇa, and Mahābhārata. A subsequent, and more elaborate, exercise of codification of measurements, relevant to finance and administration, is observed in Arthaśāstra, written by Kauṭilya, also known as Cāṇakya and Viṣṇugupta (c. 350-275 BCE).

The author, a scholar from Takṣaśilā, was the advisor during Cāndragupta Maurya’s reign (c. 321-297 BCE). After millennia of hibernation, Kauṭilya’s Arthaśāstra resurfaced, in the beginning of the twentieth century. Ever since, Arthaśāstra has been a subject …

Minimum Wage: Theoretical And Empirical Debates, Ghofran Alrebh

Electronic Theses and Dissertations

This thesis aims to explore the evolution of research methodologies in the minimum wage debate, focusing on the contrasting perspectives of the neoclassical and institutional models. By examining the changes in research methodologies employed by economists from these two schools, this study seeks to shed the light on the shifting paradigms and the impact of these changes on our understanding of minimum wage policies and their implications. This highlights the limitations of relying on one economic school of thought in understanding socio-economic phenomena complexations and policy decisions. As well as it creates the necessity to critical evaluation of the method …

Institutional And Structural Evolution Of The U.S. Financial System 1945-2023: The Long-Wave Financial Cycle And The Role Of Thwarting Mechanisms, Shaun K. Brog

Electronic Theses and Dissertations

This thesis develops a theoretical framework that attempts to explain the dynamic interactions that lead to episodes of severe financial instability. Adapting Minsky’s Financial Instability Hypothesis to the specific characteristics of financial intermediaries and building on Ferri and Minsky’s ideas regarding the role of thwarting institutions, I propose that financial fragility is the result of a long-wave cycle in financial relations characterized by significant institutional and structural evolution within the U.S. financial system. This evolution results in a preponderance of financial activity undertaken outside the regulatory umbrella while margins-of-safety are eroded, newly innovated financial assets proliferate, and financial intermediaries become …

Gender Pay Gaps In Mountain West Cities & States, 2024, Dre Boyd-Weatherly, Maryam Raja, Sean Curry, Caitlin J. Saladino, William E. Brown Jr.

Economic Development & Workforce

This fact sheet examines data on the gender pay gap, or the difference in pay between male and female year-round full-time workers in the Mountain West states of Arizona, Colorado, Nevada, New Mexico and Utah. “Cities with the Largest Gender Pay Gaps” published by the Chamber of Commerce uses 2020-2021 data from the U.S. Census Bureau.

The Role Of Transformational Leadership And Job Satisfaction In Change Readiness In Petrochemical Industry Of Saudi Arabia, Maram Alshahrani, Harris Siddiqi Tahir, Bassem Emile Maamari, Beverley Mcnally

Arab Economic and Business Journal

Neglecting an organization’s readiness for change may have far-reaching influence on the success of a change process. This study investigates two factors that impact organizational change success, leadership and job satisfaction. The aim of study is to examine the relationship between transformational leadership, job satisfaction, and change readiness in the Saudi petrochemical industry context. The results reveal that change readiness increases job satisfaction of employees when leaders apply the principles of transformational leadership. The findings have implications for HR practitioners in designing leadership development programs to ensure job satisfaction, better and desired outcomes from an organizational change program.

Wasted Space: Using Parking Lots & Vacant Land To Improve Neighborhood Completeness, Ryan Martyn

Hatfield Graduate Journal of Public Affairs

This study conducts a spatial analysis of Portland, Oregon, focusing on leveraging underutilized areas like parking lots and vacant land—termed "wasted space"—to improve the city's completeness. Central to this investigation is the concept of a "complete neighborhood," characterized by access to daily necessities within convenient active transportation trip. This comprehensive idea encompasses walkability, equitable access to services, and sustainability.

This paper aims to redefine the concept of a complete neighborhood with precision and delve into its implications. The research looks at five regional, town, and neighborhood centers as defined by the city of Portland. These centers act as pivotal hubs …

Refugees Insertion And Labor Market Outcomes And: An Analysis Of The Egyptian Context, Salma Ebrahim

Theses and Dissertations

This thesis examines the association between the inflow of refugees to Egypt and labor market outcomes during the period 2012-2018, using data from the Egyptian Labor Market Panel Survey (ELMPS). By applying Difference-in Differences and Probit models, the study compares labor market outcomes between Greater Cairo, characterized by high refugee inflow, and the Suez Canal region, which has a very low inflow. The labor force outcomes analyzed wages, formality and labor force participation. The results indicate that the refugee influx is associated with a decline in wages for both formal and informal workers in the treatment group compared to the …

Policy Frameworks And Citizens’ Use Of Fintech Solutions: The Pros And Cons In Egypt, Salma Al-Mohamady

Theses and Dissertations

This thesis provides a comprehensive analysis of the significant influence of financial technology (FinTech) on the banking industry, consumer finance, and economic growth. It specifically concentrates on the swiftly changing FinTech environment in Egypt. The study investigates the impact of incorporating advanced technologies on worldwide financial practices, which has significantly transformed traditional banking models and facilitated the emergence of inventive financial services. The transition is clearly apparent in Egypt, where the expansion of FinTech has been driven by advances in regulations, adaptation to technology, and a population that is becoming more comfortable with digital solutions.

Using a combination of quantitative …

Unraveling The Nexus: Social Spending, Development, And Breaking The Cycle Of Poverty, Yasmin Shehata

Theses and Dissertations

This study examines the role of development, as indicated by the Human Development Index (HDI), in shaping the connection between social public spending on health, education, and social protection and poverty in terms of the poverty headcount ratio at $3.65/day (2017 PPP). Empirical analysis is used to this end, employing a panel dataset of 68 countries at varied stages of development over the period 1995-2021. The empirical model is estimated using the Fixed Effects Two-stage Least Squares (2SLS). It is also re-estimated using the Instrumental Variable Generalized Method of Moments (IV-GMM) and Limited Information Maximum Likelihood (LIML) to test the …

The Effect Of Fiscal And Monetary Policy On Public Debt In Egypt, Malak Mohamed

Theses and Dissertations

The thesis aims to examine the effect of monetary policies and fiscal policies on public debt in Egypt during the period from 2006 until 2021. Egypt is witnessing aggravated levels of debt, with limited fiscal and monetary space. Therefore, the objective of the paper is to analyze the effect of discount rates, inflation rates, subsidies, taxes and economic growth on debt-to-GDP in Egypt using a VAR model with an extended test of Impulse Response Function. The results suggest that a positive shock in government expenditures initially decreases public debt but leads to a fluctuating increase in the debt-to-GDP ratio in …

Bitcoin And Stock Market Return Correlation: A Sectoral Analysis Of The S&P500, Michael Narouz

Theses and Dissertations

This thesis studies the correlation between Bitcoin returns and stock market price returns for the S&P500 US stock market index by dividing the index into 11 sectors based on the industry and checking for correlation between Bitcoin returns and the returns of the stocks in each sector individually. The GARCH model is used due to its ability to account for the empirical phenomenon of volatility clustering that is usually present in financial time series datasets such as those used in this thesis. The results show statistically significant positive correlation between Bitcoin returns and stock market returns for all 11 sectors, …

The Relationship Between Microfinance Bank And Economic Growth In Nigeria, Muhammad-Bashir Owolabi Yusuf, Ridwan Olabisi Yusuff, Daud Ishola Jimoh

Arab Economic and Business Journal

The goal of this study was to investigate how Nigeria's economy and microfinance banks are related, using time series data from 1992 to 2021. The relationship was assessed using the ARDL model. Short-term negative relationship exists between Microfinance Bank Asset and Economic growth. Specifically, the results indicate that a rise in the assets of microfinance banks (MFBA) will slow Nigeria's economic expansion. Economic growth in Nigeria is considerable and favorably correlated with microfinance banks loans and advances. Finally, it was clear that there is a long-run equilibrium link between economic growth, microfinance banks' assets and their loans and advances.