Digital Commons Network^™

Impacts Of Climate Hazards On Employment And Earnings By Hazard Type, Industry, Race, And Ethnicity, Dania V. Francis, Keren M. Horn

Sustainable Solutions Lab

We examine the relationship between climate-related disasters and subsequent county-level aggregate employment and earnings. We combine earnings and employment data from 2000 to 2023 with data on disasters to estimate local projection impulse response functions relating extreme disaster events to cumulative percent changes in employment and earnings. On average, disasters appear to reduce employment growth three to five years post disaster. There are small positive impacts on earnings. These results are largely driven by responses to hurricanes and tropical storms. Key rebuilding industries such as construction see short-term gains in employment that turn to losses in the longer-term that are …

Determinan Fungsi Intermediasi Bank Kbmi 4 Di Indonesia, Friestha Sari Putri, Telisa Aulia Falianty

Jurnal Ekonomi dan Pembangunan Indonesia

This study examines the effects of bank-specific characteristics and macroeconomic variables on the intermediation function of KBMI 4 banks in Indonesia during 2014–2023. The variables include NPL, BOPO, CAR, bank size, ROA, GDP, BI Rate, and pandemic and recovery dummies. Secondary data from four KBMI 4 banks were analyzed using a panel-data Fixed Effect Model. The results show that NPL has a negative effect, while BOPO, CAR, ROA, GDP, and BI Rate have significantly positive effects on LDR. Bank size is insignificant. The pandemic and recovery dummies reduce LDR by 10.43 percent and 10.33 percent, respectively.

Pengaruh Program Indonesia Pintar (Pip) Terhadap Angka Putus Sekolah (Apts) Di Indonesia, Hening Indreswari, Thia Jasmina

Jurnal Ekonomi dan Pembangunan Indonesia

Program Indonesia Pintar (PIP) is a Conditional Cash Transfer (CCT) provided by the government to improve access for poor students aged 6–21 years and prevent school dropout. The dropout rate (APTS) at the Senior High School (SMA) level is the highest among levels. Although SMA management was delegated to provincial governments in 2017, examining PIP’s effect at the district/city level remains important because PIP involves central and local governments and schools. This study uses a Fixed Effect method with panel data from 514 districts/cities during 2020–2022. Results show that PIP has no significant effect on APTS at SMA level.

Analisis Environmental Kuznets Curve Dan Foreign Direct Investment Di Sulawesi, Fadel Firmansyah, Meity Ferdiana Paskual, Laendatu Paembonan, Musdayati Musdayati, Muhammad Ichsan

Jurnal Ekonomi dan Pembangunan Indonesia

This study examines the relationship between economic growth, foreign direct investment (FDI), and environmental quality across the six provinces of Sulawesi within the Environmental Kuznets Curve (EKC) framework. Using panel data for 2015–2024, the study applies the Panel Autoregressive Distributed Lag (Panel-ARDL) model with the Pooled Mean Group (PMG) estimator. The results confirm a long-run EKC relationship, indicating that environmental quality initially deteriorates and subsequently improves as income increases. Meanwhile, FDI has a negative but statistically insignificant effect, while short-run dynamics remain heterogeneous across provinces due to differences in economic structures, investment characteristics, and environmental management

Infrastruktur, Kelembagaan Tani, Kemandirian Ekonomi Desa: Geografi Dan Paradoks Kepemimpinan Di Indonesia, Tri Wahyu Cahyono

Jurnal Ekonomi dan Pembangunan Indonesia

This study examines determinants of village economic independence (PADes) in Indonesia, focusing on infrastructure, social capital, and leadership. Using 2024 PODES census data (N=84,240) and clustered logistic regression, results show road infrastructure as the strongest factor (OR: 2.27). A “leadership paradox” emerges, where higher education of village heads negatively correlates with PADes formation. Geographic analysis reveals infrastructure effectiveness depends on topography, with lowland areas gaining the greatest structural advantage. Findings highlight the need for topography-based policy differentiation to strengthen fiscal independence in rural Indonesia.

Religiosity And Female Autonomy In Indonesia, Milda Irhamni

Economics and Finance in Indonesia

This study estimates the effect of religiosity on married women’s autonomy within households in Indonesia using panel data from the 2007 and 2014 rounds of the Indonesia Family Life Survey (IFLS4 and IFLS5). Women’s autonomy is measured by the wife’s decision-making power relative to her husband across eighteen household decisions, complemented by indirect proxies such as asset ownership and contraceptive use. Applying household fixed-effect and IV estimation to control for endogeneity, the analysis finds little robust evidence that religiosity systematically reduces female autonomy, suggesting that any negative association is weak and sensitive to specification.

Disintermediation From The Perspective Of Real Estate Token Economics, Mateusz Aleksander Bonca

Studia i Materiały Wydział Zarządzania Uniwersytet Warszawski

Purpose: This article examines the issue of disintermediation through the example of real estate investing with tokens. The aim is to determine whether, and to what extent, intermediaries can be removed in blockchain‑based property investments.

Methodology: The analysis is based on secondary data from fields such as token economics, management, legal science, and sociology. An analytical and deductive approach was used, drawing on interdisciplinary literature reviews and data from selected company websites involved in real estate tokenisation.

Results: It was found that the idea of fully removing the intermediation of public and private institutions (agencies, notaries, courts) in real estate …

Mengukur Capaian Dan Identifikasi Konvergensi Pembangunan Infrastruktur Antarprovinsi Di Indonesia, Ressa Isnaini Arumnisaa', Aisyah Fitri Yuniasih

Jurnal Ekonomi dan Pembangunan Indonesia

Indonesia’s economic challenges are characterized by stagnant economic growth and regional development disparities. This study analyzes the achievement and convergence of infrastructure development across provinces in Indonesia during 2011–2021 through the construction of an Infrastructure Development Index (IPI). The study employs panel data from 33 provinces, using factor analysis to construct the IPI and the First Difference Generalized Method of Moments (FD-GMM) to examine convergence and its determinants. The results show that many provinces still have IDI scores below the national average. Furthermore, the FD-GMM model shows that σ-convergence and β-convergence occur in Indonesia. In addition, GRDP per capita, inflation, …

Evaluasi Dampak Digitalisasi Regional Terhadap Pembangunan Berkelanjutan Di Indonesia, Tomi Setiawan, Muhammad Farras Samith, Shifwah Murran Nashifa

Jurnal Ekonomi dan Pembangunan Indonesia

Digitalization has become a key pillar in driving economic, social, and governance transformation in Indonesia. However, it is necessary to verify whether digitalization has supported sustainable development goals. This study evaluates the impact of digitalization on sustainability dimensions at the district/city level in Indonesia using the Propensity Score Matching (PSM). The results show that digitalization has a significant negative impact on environmental quality. Conversely, the impact on the economy and social welfare is not statistically significant, indicating that the benefits of digitalization are not evenly distributed and tend to be concentrated among groups that already have digital access and capabilities.

Food Insecurity, Economic Shocks, Poverty, And Inequality In Nigeria, Ibrahim Tijjani Salihu, Jahen F. Rezki

Jurnal Ekonomi dan Pembangunan Indonesia

Drawing on the 2018/2019 Nigeria General Household Survey — a nationally representative sample of 5,000 households across six geopolitical zones obtained using multi-stage stratified sampling — this study applied linear probability and probit models to examine poverty’s socioeconomic drivers. Findings show food insecurity and economic shocks worsen poverty, while remittances, credit access, employment, safety nets, and education help reduce it. Using poverty indices and the Gini coefficient, the analysis found rural households face greater poverty incidence, depth, and severity than urban households, despite urban areas showing marginally higher income inequality. Inequality among lower-income households, however, was nearly identical across both …

Believing And Belonging: Americans’ Religious Practices And Their Trust In Government, Hwayong Shin

Weidenbaum Center Survey (WCS) Reports

Data from the Weidenbaum Center Survey (WCS) offer new insights into Americans’ religious and political lives by addressing two broad questions. First, how religious are Americans today, and how does religiosity vary across age and partisan groups? Waves 1–8 of the WCS, conducted between 2023 and 2026, are used to answer this question. Second, how are different forms of religiosity associated with trust in government, and do these relationships differ across age and partisan groups? To answer this question, this article leverages Waves 6–8 of the WCS, which included measures of trust in government, conducted between 2025 and 2026. The …

Shifting Production, Rising Value Added: A Global Value Chain Perspective On Sectoral Competitiveness In Asean, Van Chung Nguyen

DLSU Business & Economics Review

The ongoing relocation of production activities from China to Southeast Asia, driven by geopolitical and supply chain restructuring, has created new opportunities for ASEAN economies to enhance their positions in regional and global value chains. This study examines trends in cooperation and competition in value-added creation among ASEAN countries during 2015–2025 using the Multiregional Input–Output (MRIO) analysis. The results show significant differences in sectoral value-added growth across ASEAN members. Vietnam and Cambodia recorded the highest growth rates, particularly in manufacturing industries, whereas Singapore maintained its leading position in high-value and technology-intensive sectors. In contrast, Thailand and Malaysia experienced moderate growth, …

Institutional Barriers To Agro-Food Export Upgrading: Evidence From Indonesia’S Modified Cassava Flour Sector, Arie Kusuma Paksi, Fiya Ainur Rohmatika, Melvin Jabar

DLSU Business & Economics Review

The growing global demand for functional and sustainable foods has prompted developing countries to explore alternative exports, including Indonesia’s modified cassava flour (MOCAF). Despite its environmental benefits and gluten-free properties, MOCAF’s penetration into European markets remains limited. This study examines institutional barriers constraining MOCAF exports using Scott’s framework of regulative, normative, and cognitive institutions. A qualitative approach combined in- depth interviews, town hall meetings, and secondary data from governmental and international sources. Findings show that institutional constraints, rather than product quality alone, hinder European Union market entry and reduce competitiveness. Regulative barriers include fragmented logistics and high certification costs. Normative …

Digital Privacy In Marketing And Advertising: A Review Of Evolving Consumer Concerns, Stakeholder Dynamics, And Theoretical Perspectives, Galvin Kuan Sian Lee

DLSU Business & Economics Review

The intensification of data-driven advertising has heightened public scrutiny of digital privacy and exposed persistent contradictions in consumer behavior. This structured integrative narrative review critically synthesizes contemporary research on the privacy paradox in digital advertising, with emphasis on consumer privacy concerns, stakeholder tensions, trust formation, transparency, perceived control, and privacy-reconfiguring advertising ecosystems. Drawing on interdisciplinary evidence from marketing, information systems, and digital policy research, the review maps five key domains: the evolution of privacy concerns; multi-theoretic perspectives explaining privacy-related behaviors; stakeholder tensions among consumers, advertisers, and regulators; the effect of privacy perceptions on trust and engagement; and the role of …

How Relevant Is Money Supply? A Cross-Country And Cross-Variable Analysis, Ahmad Alharbi, Moid U. Ahmad

DLSU Business & Economics Review

Extensive discussions have been conducted on traditional and new-age macroeconomic theories in the context of the money supply and its determinants. This article contributes to the literature by analyzing money supply and its interactions with four other macroeconomic variables: GDP, exchange rates, interest rates, and prices. Using annual panel data from 55 countries from 2000 to 2023, the study applies various regression techniques and causal analyses to assess money supply determinants. Most analytical techniques indicated a significant relationship between money supply, national income, and foreign exchange rates.

The Contributors, Marites Tiongco

DLSU Business & Economics Review

No abstract provided.

Estimasi Underground Economy Triwulanan Di Indonesia Pada Tahun 2010–2023, Ghina Anandhia, Hardius Usman

Jurnal Ekonomi dan Pembangunan Indonesia

Underground economics have a significant impact on economy. Underground economy leads to low potential state revenues from the tax sector. This study estimates the quarterly value of the underground economy in Indonesia from 2010 to 2023 using the Error Correction Model (ECM) method. The results show that the average value of the underground economy in Indonesia is IDR138,392.32 billion, equivalent to 5.36 percent of Gross Domestic Product (GDP) and 35.72 percent of tax revenue from 2010 to 2023. GDP and tax burden variables have a positive influence on currency demand.

Occupation Ladders Over The Business Cycle, Ismail Baydur, Toshihiko Mukoyama

Research Collection School Of Economics

This paper studies occupational mobility over the business cycle. We divide occupations into two broad groups, “attractive” and “nonattractive”, where we label an occupation attractive if the total net inflow into this occupation through job-to-job transition is positive. We measure total net inflows into both occupation groups. We measure these inflows separately for job-to-job transitions and transitions from unemployment to employment. We find that the net inflow from nonattractive to attractive occupations through job-to-job transitions slows during recessions. The net inflow through transitions from unemployment has a similar cyclicality. This finding suggests a novel cost of recession: during recessions, workers …

Institutions, Innovation, And Structural Transformation: Advancing Business And Economics Research In Emerging Economies, Marites Tiongco

DLSU Business & Economics Review

No abstract provided.

Montana’S Outfitting Industry - 2024 Economic Contribution And Industry-Client Analysis, Carter Bermingham, Kara Grau, Emma Keinath-Lopez

Institute for Tourism and Recreation Research Publications

Montana's outfitting and guiding industry remains a vital economic sector driven primarily by nonresident visitors, generating an estimated $314 million in direct expenditures in 2024 and supporting more than $1.27 billion in total economic output when indirect and induced effects are included. This report, an update to ITRR's 2017 industry analysis, draws on a survey of outfitting businesses alongside ITRR's annual nonresident visitor survey to examine roughly 980,000 clients served by an estimated 1,500 outfitting and guiding entities statewide. While wildlife viewing and sightseeing attracted the largest share of clients, fishing generated the most revenue despite serving a smaller portion …

Pengaruh Penggunaan Internet Terhadap Pendapatan Wirausaha Pemuda Di Indonesia, Nabella Primasetya, Putu Geniki Lavinia Natih

Jurnal Ekonomi dan Pembangunan Indonesia

An important element in entrepreneurship is being alert to unexploited opportunities. In the context of entrepreneurial development, internet users in Indonesia continue to increase but the percentage of young people using the internet for business remains low. This study analyzes the effect of internet usage on the income of young entrepreneurs in Indonesia using the Ordinary Least Square (OLS) method and Propensity Score Matching (PSM). The results show that internet usage significantly increases the income of youth entrepreneurs. Internet usage for communication contributes positively to their income but usage for promotion, social media and marketplaces does not affect their income.

The Unintended Consequences Of International Student Shortage: Evidence From South Korea, Chung-Yoon Choi, Syngjoo Choi, Seonghoon Kim, Jongkwan Lee

Research Collection School Of Economics

We study the role of international students in the higher education sector and the local economy by exploiting a policy reform in South Korea that restricted the admission of foreign students to local universities. By comparing the pre- and post-reform differences across universities with different pre-reform shares of international student enrollment, we show that an international student shortage resulting from this policy reform significantly worsened the financial outcomes of universities and consequently led to reduced investment in their students. We also document that a reduction in the number of international students in local areas decreased native employment, mainly in low-skilled …

Navigating Unemployment Without Unemployment Insurance: Evidence From Singapore, Kim, Lanjie Wang

Research Collection School Of Economics

This study investigates the short-term impacts of unemployment among older workers (aged 50–62) in Singapore, a setting with-out public unemployment insurance. Using monthly panel data from the Singapore Life Panel, we analyse dynamic effects onmajor life outcomes such as income, spending, health, and subjective wellbeing over 2 years post-unemployment. Our findingsreveal substantial initial earnings losses with incomplete recovery: income remains 50.7% below pre-unemployment levels after24 months. Despite this persistent income gap, total household expenditure declines by 9.8% on average over 2 years (rangingfrom 7% to 16% across months). The implied two-year marginal propensity to consume is about 0.182, smaller than …

The Effect Of Vaccine Mandates On Disease Spread: Evidence From College Covid-19 Mandates, Riley K. Acton, Wenjia Cao, Emily E. Cook, Scott A. Imberman, Michael F. Lovenheim

Research Collection School Of Economics

Nearly 700 4-year U.S. colleges mandated students receive COVID-19 vaccinations in fall 2021. Using data on college policies and county health, we estimate how mandates affect surrounding communities. Event studies from August to November 2021 show that mandates covering all colleges in a county reduced COVID-19 deaths by 5.6 per 100,000 persons, a 4.6% reduction in the U.S. total during this period. Mandates reduced COVID cases by 504 and ICU admissions by 16.2 per 100,000, though we see no statistically significant impact on hospitalizations. Impacts are larger in counties with larger college populations and low estimated ex-ante student vaccination rates.

The Displacement Effects Of Domestic Outsourcing, Mayara Felix, Michael B. Wong

Cowles Foundation Discussion Papers

Evidence that domestic outsourcing lowers pay comes largely from on-site transfers, in which workers move to a contractor but keep the same jobs. Displacement is rarely observed: whether workers lose their jobs, where they go, how earnings evolve. In Brazil’s 1993–1994 pro-outsourcing reforms, which differentially affected security guards, such transfers were rare; firms instead used occupational layoffs, shedding their guards while keeping other workers. Displaced guards’ employment recovered within five years, but many changed occupations and wages stayed about 12% lower. Lifetime losses average 1.2 to 1.5 years of pre-layoff earnings, concentrated among workers from high-wage firms, reflecting lost premia.

Essays In Whistleblowing, Crime, And Experimental Economics, Danielle Nickeisha Purcell

Graduate Theses and Dissertations

This dissertation comprises three essays on how institutional strength, enforcement practices, and cognitive load affect behavior. The first essay presents a laboratory experiment that varies the extent to which an individual in a position of authority can interfere with the outcome of whistleblowing, holding all other monetary incentives fixed. Strengthening institutions raises whistleblowing rates, lowers theft, and reduces the rate of bribe offers, while leaving authorities’ acceptance of bribes unchanged when they face no punishment for accepting them. The second essay studies the end of stop and frisk in Chicago following the 2015 ACLU-CPD settlement agreement, which cut annual investigatory …

Development Finance Flows Under Monetary Policy Tightening: The Nigerian Experience 1981-2023, Hilary Temofeh Kanwanye Ph.D

Tanzanian Economic Review

This paper investigates the impact of monetary policy tightening on external development finance flows in Nigeria, focusing on foreign direct investment (FDI), official development assistance (ODA), and remittances over 1981–2023. Using the ARDL bounds testing approach, the study examines short-run and long-run dynamics between monetary policy instruments (monetary policy rate, cash reserve ratio, liquidity ratio, and broad money supply) and development finance inflows, controlling for inflation and GDP growth. Results reveal striking asymmetries. FDI is sensitive to liquidity constraints, with the cash reserve ratio exerting a weak negative effect, while money supply expansion enhances investor confidence. ODA responds positively to …

Exploring Tourism Business Voices In Navigating Pandemic Crisis And Resilience-Building, Godwin Adiel A. Lema

Tanzanian Economic Review

COVID-19 challenged mobility, redefining crisis navigation and resilience. A modified Challenge Metamorphosis Model (CMM) is proposed to understand crisis navigating process in tourism business resilience-building. A pragmatic mixed-method design, involving 158 tourism-business respondents, multiple regions, interviews, and observation during June–November 2020, was applied. Impacts, challenges, opportunities, varied business responses and outcomes were mirrored. Immediate reactive closure and booking cancellation responses were distinguished from proactive adaptive business continuity measures with low visitors, postponement, few bookings and negotiable employment flexibility. Health, safety, and culturally embedded coping practices and their reinvention aided crisis navigation. Medium-term crisis navigating strategies were differentiated from long-term resilience-building …

Relative Effectiveness Of Exchange Rate Targeting, Monetary Targeting And Inflation Targeting Frameworks In Sub-Saharan Africa, Joyce Gervas

Tanzanian Economic Review

In recent years, many central banks around the world have shifted from frameworks such as monetary targeting and exchange rate targeting to inflation targeting to achieve price stability and enhance central bank credibility. The same pattern has been observed in Sub-Saharan Africa (SSA), where the number of inflation-targeting countries has increased from 1 in 2000 to 5 in 2022, as countries continue to exit other frameworks, especially the monetary targeting regime. However, there is an ongoing debate in SSA regarding which monetary policy framework is most effective in achieving macroeconomic stability and promoting long-term growth. Following that, this study investigated …

Firm Level Labour Productivity Drivers And Export Status In Tanzania, Mgeni E. Msafiri, Vincent Leyaro, Rosemary Taylor

Tanzanian Economic Review

This study analysed the drivers of firm-level labour productivity by export status and estimated the counterfactual gains from exporting. Using the 2022 nationally representative Tanzania Enterprise Survey and an endogenous switching regression model, results revealed significant differences in the drivers of labour productivity between exporting and non-exporting firms. The productivity of exporting firms was positively associated with business linkages with small and medium-sized enterprises, foreign ownership, access to finance, and capital intensity. Similar factors were associated with labour productivity among non-exporting firms, alongside linkages with large firms. However, access to finance had asymmetric patterns: exporting firms benefited from greater financial …